America's Business and Technology News
Business and Politics
- The Fed is fed up with inflation and will bring down the hammer with a series of rate hikes this year, reversing earlier cuts, BofA says
"The Fed was willing to look through the tariffs, but it is losing patience after the latest round of supply shocks."
- ‘The Vampire Lestat’ Revisits Lestat’s Devastating Transformational Trauma
The Vampire Lestat's harrowing third episode depicts Magnus' forced transformation of Lestat paralleled with Claudia's gut-wrenching words on being held captive by Bruce.
- Europe’s current heat wave is so bad the French are considering banning outdoor drinking and adopting AC ‘if necessary’
About a third of France was under a “red alert” on Sunday for heat, and high temperatures reached 104 F in some areas, in a country where air conditioning isn’t widespread. The forecast for Monday is even hotter.
- Meet the 2 men putting New York’s $300 billion pension fund in play for the first time in 20 years
Two insurgent Democrats say the most powerful financial office in New York has been mismanaging your money — and not to vote for the other guy.
- OpenAI’s new ‘super app’ boss hopes to persuade users and potential IPO investors that the company is about way more than just chat
Folding ChatGPT and Codex into a single platform is about winning over customers, and investors.
Technology
- Lucid lays off 1,500 workers in second big cut of the year
The cuts and redundancies are part of a plan to "simplify the company," the CEO says.
- A US military exercise in space got underway with barely anyone noticing
The Space Force wants to cut the time to field new satellites from years to weeks, days, or hours.
- 1,250 hp hybrid Corvette shatters the Pikes Peak production record
The high-altitude race is a unique test of car and driver.
- This former hacker saw the light—and now wants to collect all of it
"I don’t know of a bigger question we can answer as humans."
- How Anthropic may have talked itself into an AI export ban
The company warned about dangers of advanced AI far more than rival OpenAI.
Copyright © 2018-2021 US Business Digest. All rights reserved.