Speaking in Spain on Thursday, June 29, Federal Reserve Chair Jerome Powell discussed the possibilities of more rate hikes in 2023, as well as tighter rules for banks following the failure of several large banks in recent months. Powell’s comments came at a banking conference in Madrid, a day after Powell participated in a panel…

As the federal government continues to deliberate on how to regulate artificial intelligence (AI), states are taking action. Here are some examples of bills and laws that states have introduced and passed to regulate AI. Colorado Colorado’s law, SB21-169, is called Protecting Consumers from Unfair Discrimination in Insurance Practices. The law, which took effect in…

Tackling climate change and net-zero goals used to be a regular part of corporate America’s public relations missions. But as culture-war boycotts take a costly toll on brands like Bud Light and Target, many companies are going quiet on potentially divisive green initiatives, to avoid potential fallout. Straight Arrow News contributor Adrienne Lawrence wonders when…

The U.S. economy added 339,000 jobs in May, smashing estimates, while the unemployment rate ticked up to 3.7%, according to the Bureau of Labor Statistics. Economists had expected May to bring in around 190,000 jobs.  The data didn’t bring the slowdown in hiring many had expected to see. In fact, the BLS revised jobs numbers…

The Senate passed the debt ceiling bill, avoiding the first-ever national default. The legislation now heads to President Joe Biden for his signature. And more than 4,000 pages of newly released documents shed new light on the final days of convicted sex offender Jeffrey Epstein. These stories and more highlight the rundown for Friday, June…

The expiration of Title 42 brings forth new legal and political discourse over the new regulations that aim to take the pandemic-era immigration policy’s place. And a Marine veteran involved in a chokehold incident on a New York City subway, which led to the death of street performer Jordan Neely, is expected to turn himself…

April’s jobs report out Friday morning, May 5, crushed economists’ estimates. The Bureau of Labor Statistics reported the economy added 253,000 jobs for the month, when around 180,000 were expected. Meanwhile, the unemployment rate edged back down to 3.4%, tying a near 70-year low. Since March 2022, the unemployment rate has stayed between 3.4% and…

On April 12, the Bureau of Labor Statistics said inflation rose at its slowest rate in two years. Excluding volatile food and energy prices, core inflation rose 5.6% on an annual basis, as expected. Grocery prices declined by 0.3% with eggs, which have skyrocketed of late, falling nearly 11% for the month. Energy prices declined…

Tech companies are threatening to pull news articles from their websites in Canada as legislation advances that would force them to pay news publishers for their content. Bill C-18, called the Online News Act, would mandate revenue-sharing agreements between Google, Facebook-parent-company Meta, and established news organizations. This week, Meta warned it would get out of…