President Donald Trump is again pushing to remove Federal Reserve Board Governor Lisa Cook, despite a recent Supreme Court ruling that may limit his authority to do so. The renewed bid threatens the Fed's independence and could inject political pressure into the central bank's policy decisions.
Engineering company Goodwin is considering selling part of its defence business, a division that supplies components for military applications. The potential sale is part of a broader review and could reshape part of its operations, signaling a strategic shift for the firm.
This commentary questions whether the transformative benefits promised by artificial intelligence have actually materialized. It weighs the vast marketing enthusiasm against practical results, suggesting that skepticism is warranted as businesses and governments continue heavy investments. The piece matters because it urges a realistic assessment of AI's current limits.
The Guardian Biz reports growing outrage over Meta's camera-equipped smart glasses, dubbed "pervert glasses" for their use in filming people without consent. Campaigners and lawmakers are questioning whether the UK should ban the device. The outcome could set a precedent for how wearable tech is regulated to protect privacy.
A Florida area previously ranked as the top destination or hub has been overtaken by a Silicon Valley ZIP code. The shift is driven by a surge in AI-related business and investment, restoring California's leading status. This signals how the AI industry is reshaping regional economic rankings.
New U.S. tariffs on imported brass instruments come too late to save jobs at an Ohio factory that has already shut down, leaving workers unemployed. The trade measure aims to protect domestic manufacturing, but it cannot reverse the plant closure or restore lost livelihoods.
The U.S. economy lost 23,000 jobs in July, signaling a weaker labor market. The decline marks a reversal from recent hiring and raises concerns about economic momentum. This matters because sustained job losses could pressure consumer spending and prompt policy responses.
A brief 90-second power outage led to significant disruption for rail passengers, causing cascading delays and signal failures across the network. The incident highlights how even a momentary lapse in power can severely impact commuter travel and infrastructure reliability.
Activists and residents in Little Rock are protesting two proposed datacenters, calling the siting a form of "very real redlining" that targets a predominantly Black neighborhood with industrial development. They argue the projects bring pollution and displacement risks without delivering local benefits. The dispute underscores broader concerns about how tech infrastructure can deepen racial and environmental inequities.