The U.S. travel sector has been surprisingly resilient when it comes to travel. Domestic travel numbers have returned to pre-pandemic levels and air travel has surged even as more than a third of travelers planned to take on debt for summer trips. However, inflation-weary consumers might be taking their money elsewhere when it comes to … Read more
With the presidential election approaching, experts are sounding alarms about the upcoming expiration of the 2017 Tax Cuts and Jobs Act, or TCJA. Without action from Congress, trillions in tax breaks enacted by former President Donald Trump via the TCJA will expire after 2025. The outcome of the 2024 election will determine which political party … Read more
Charles Coristine used to revel in working at Morgan Stanley. He loved the pace, even waking up in the middle of the night to trade in the Tokyo and London stock markets. In 2011, after nearly two decades on Wall Street, Coristine burned out. He tried multiple remedies: switching to a vegetarian diet, meditating, enrolling … Read more
Plant Vogtle, a nuclear power plant in Waynesboro, Georgia, is the largest source of clean energy in the U.S. following the addition of two new reactors, according to Georgia Power. The plant’s unit 4 reactor began commercial operations in April and unit 3 went online last year. They are the first reactors built from scratch … Read more
The lobby of the CIA Headquarters Building in Langley, Virginia. Larry Downing | Reuters At the CIA’s covert training facility near Williamsburg, Virginia, commonly called “The Farm,” recruits are trained in the world of espionage and the many ways to get people to provide secret information. Jim Olson, the former Chief of Counterintelligence at the Central … Read more
Microsoft, Google and Amazon along with other tech companies have been getting creative in how they’re poaching talent from top artificial intelligence startups. Earlier this month, Google signed an unusual deal with Character.ai to hire away its prominent founder and more than one-fifth of its workforce while also licensing its technology. It looked like an acquisition, but … Read more
With fast-food customers revolting over higher prices, chains like McDonald’s, Burger King and Wendy’s are bringing back the value meal. Nearly 80% of Americans said they feel fast food has become a luxury and are eating out less, according to a LendingTree survey. To try to lure them back, fast-food chains have been touting their … Read more
Wingstop is not seeing the same consumer pullback that fast food chains like McDonald’s and Starbucks have experienced this year. Part of that success is because its traditional offering, chicken wings, is popular with watching live sports. “If you’re thinking about someone who has to make a decision on where to trim spending, the likelihood … Read more
Inside a sprawling lab at Google headquarters in Mountain View, California, hundreds of server racks hum across several aisles, performing tasks far less ubiquitous than running the world’s dominant search engine or executing workloads for Google Cloud’s millions of customers. Instead, they’re running tests on Google’s own microchips, called Tensor Processing Units, or TPUs. Originally … Read more
Blocked from the U.S. by tariffs, Chinese electric vehicle makers have looked elsewhere to sell their high-tech cars. But as Mexico has emerged as a hot spot for Chinese EVs, Washington officials worry the country may be used as a “backdoor” to the U.S. market. Last year, China was the leading car supplier to Mexico, … Read more
