The grants are intended to expand tech investment that currently is concentrated around a few U.S. cities—Austin, Texas; Boston; New York; San Francisco; and Seattle—to the rest of the country.
Treasury Secretary Janet Yellen’s comments added even more urgency to a high-stakes meeting Tuesday between President Joe Biden and congressional leaders from both parties.
The White House Council of Economic Advisers compared the potential economic impact of a debt ceiling breach to the 2008 Great Recession, in which economic growth contracts sharply and unemployment surges.
U.S. businesses might be able to secure bank deposit insurance for accounts holding more than $250,000 if Congress agrees with the Federal Deposit Insurance Corp.’s new proposal.
The sweeping legislation passed Wednesday that would raise the government’s legal debt ceiling by $1.5 trillion in exchange for steep spending restrictions.
FTC Chair Lina Khan joined top officials from U.S. civil rights and consumer protection agencies to put businesses on notice that regulators are working to track and stop illegal behavior in the use and development of artificial intelligence.
The House action comes as at least 20 other states, including Indiana, have imposed similar limits on trans athletes at the K-12 or collegiate level.
While the homeless population across the city has decreased from its pandemic high of nearly 2,000 people, it has yet to return to the lower levels recorded before the pandemic hit.
Big tax preparation companies have millions of dollars to lose if the program comes to fruition. Last year, more than 60 million taxpayers were serviced by Intuit, the parent company of TurboTax, and H&R Block.
Opponents of the regulations,including Indiana, have called the rules an example of federal overreach and argued they would unfairly burden farmers and ranchers.
Support is clear for the 988 hotline, which is designed to operate similar to 911 but for mental health rather than public safety. However, the most important detail–how much funding the state will provide–has yet to be determined.
Lawmakers are anxiously eyeing the AI arms race, driven by the explosion of OpenAI’s chatbot ChatGPT.
On Wednesday, the Environmental Protection Agency proposed the most stringent update on limits to mercury from smokestacks since the Obama administration first issued Mercury and Air Toxics Standards in 2012.
Google on Monday filed a motion to dismiss a Department of Justice lawsuit that aims to break up its alleged monopoly in online advertising, the company’s first salvo in a case widely seen as a test of the Biden administration’s ability to rein in the tech industry.
The order responds to growing U.S. and global concerns about programs that can capture text messages and other cellphone data. Some programs—so-called “zero-click” exploits—can infect a phone without the user clicking on a malicious link.
On the one side are dozens of lawmakers on Capitol Hill issuing dire warnings about security and possible Chinese surveillance. On the other are some 150 million TikTok users who just want to be able to keep making and watching short, fun videos.
The 5th U.S. Circuit Court of Appeals in New Orleans rejected arguments that Biden, as the nation’s chief executive, has the same authority as the CEO of a private corporation to require that employees be vaccinated.
The government announced plans Wednesday to overhaul the troubled U.S. organ transplant system, including breaking up the monopoly power of the not-for-profit organization that has run it for the past 37 years.
Biden sought to kill a Republican-authored measure that would ban the government from considering environmental impacts or potential lawsuits when making investment decisions for people’s retirement plans.
Meanwhile, lawmakers in both the House and Senate have been moving forward with legislation that would give the Biden administration more power to clamp down on TikTok.
