A 77-year-old factory in a hard-luck Ohio town sputtered into high gear to produce a new line of electric garbage trucks. A short drive away, construction began on a $20 billion plant that will take pizza-sized silicon wafers and make them into computer chips used in everything from data centers to cars. The two Ohio […]
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More than 20 companies in the burgeoning carbon removal industry on Thursday launched a coalition that will lobby the U.S. government for new policies to help commercialize the nascent technology, which has received a flood of private investment in recent years. The CRA will represent companies developing technologies to remove carbon emissions, buyers of credits […]
In 1909 a short novel was published that has gone on to shape the opinions of every generation since. It concerns what the future has in store for us. It was entitled ‘The Machine Stops’, and even those unaware of this novella harbor fears lifted straight from its pages. The central core of this 114-year-old […]
Wall Street’s main indexes fell more than 1% on Friday as a surge in consumer spending and inflation in January sparked concerns that the Federal Reserve will stick to its hawkish stance for longer. The personal consumption expenditures (PCE) price index, the Fed’s preferred gauge of inflation, shot up 0.6% last month after gaining 0.2% […]
The White House is considering two economists who held senior Treasury Department posts in the Obama administration for the No. 2 job at the Federal Reserve, the Wall Street Journal reported on Wednesday. Both Janice Eberly and Karen Dynan served as the chief economist at Treasury during Barack Obama’s presidency and are well regarded by […]
Recently, AI-related headlines have been mainly along the lines of how the technology will steal our jobs and make our lives difficult. And not to play the devil’s advocate, but aren’t we missing the bigger picture here? Artificial intelligence is much more than what mainstream media is having you believe. In fact, it could be […]
A 77-year-old factory in a hard-luck Ohio town sputtered into high gear to produce a new line of electric garbage trucks. A short drive away, construction began on a $20 billion plant that will take pizza-sized silicon wafers and make them into computer chips used in everything from data centers to cars. The two Ohio […]
Cryptocurrency trade association Chamber of Digital Commerce is urging a federal court to dismiss a case brought by the U.S. securities regulator against ex-Coinbase employees accused of insider trading, arguing that the case unfairly labeled several crypto assets as securities. The group said in an amicus brief filed Wednesday in a district court in Washington […]
Mercedes-Benz said on Wednesday it has teamed up with Google on navigation and will offer “super computer-like performance” in every car with automated driving sensors as it seeks to compete with Tesla and Chinese newcomers. Automakers new and old are racing to match software-powered features pioneered by Tesla, which allow for vehicle performance, battery range […]
Observations by NASA’s James Webb Space Telescope are upending the understanding of the early universe, indicating the presence of large and mature but remarkably compact galaxies teeming with stars far sooner than scientists had considered possible. Astronomers said data obtained by the telescope reveals what appear to be six big galaxies as mature as our […]