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Education Dept. Extends Deadline to Consolidate Student Loans for Forgiveness

Wed, 05/15/2024 - 23:44
Borrowers with commercially held loans will now have until June 30 to take steps to make their loans eligible for elimination.

In About-Face, Wall Street’s Big Donors Warm to Trump

Wed, 05/15/2024 - 21:01
They may “hate the man,” as one put it, but major business players from coast to coast are increasingly on board for a second term after the first one alienated them.

Live Updates: Inflation Cooled Slightly, Offering Some Relief for Consumers and the Fed

Wed, 05/15/2024 - 19:08
Prices climbed 3.4 percent in April from a year earlier, a moderation after some hot inflation readings this year. Stocks rose as investors bet that the Federal Reserve could cut interest rates sooner.

Why Is Car Insurance So Expensive?

Wed, 05/15/2024 - 18:46
Soaring premiums have become a prominent driver of inflation, and insurers say that more increases could be on the way. How did it get like this?

A Big Plot Twist at OpenAI

Wed, 05/15/2024 - 17:38
Ilya Sutskever, a co-founder at the artificial intelligence start-up and one of the world’s leading researchers, is out, and Sam Altman’s control looks firmer than ever.

Inside the Rent Inflation Measure That Economics Nerds Love to Hate

Wed, 05/15/2024 - 14:33
The Consumer Price Index inflation measure accounts for housing costs in a complicated way. There are reasons for it.

How MSNBC’s Leftward Tilt Delivers Ratings, and Complications

Wed, 05/15/2024 - 14:33
NBC’s leaders have been forced to grapple with how to square its cable news network’s embrace of progressive politics with the company’s straight-news operation.

AI Program Aims to Break Barriers for Female Students

Wed, 05/15/2024 - 14:32
A new program, backed by Cornell Tech, M.I.T. and U.C.L.A., helps prepare lower-income, Latina and Black female computing majors for artificial intelligence careers.

Inside OpenAI’s Library

Wed, 05/15/2024 - 14:30
OpenAI may be changing how the world interacts with language. But inside headquarters, there is a homage to the written word: a library.

Senators Propose $32 Billion in Annual A.I. Spending but Defer Regulation

Wed, 05/15/2024 - 14:30
Their plan is the culmination of a yearlong listening tour on the dangers of the new technology.

YouTube Blocks ‘Glory to Hong Kong’ in the City

Wed, 05/15/2024 - 12:06
Responding to a court order, YouTube and its sister company, Google, will block viewers in the region from viewing videos of the song, “Glory to Hong Kong.”

Few Chinese Electric Cars Are Sold in U.S., but Industry Fears a Flood

Wed, 05/15/2024 - 09:30
Automakers in the United States and their supporters welcomed President Biden’s tariffs, saying they would protect domestic manufacturing and jobs from cheap Chinese vehicles.

Justice Dept. Says Boeing Violated 2021 Settlement Over Max Plane

Wed, 05/15/2024 - 06:55
The department said that the company had failed to design and enforce an ethics program to prevent violation of U.S. fraud laws.

TikTok Creators Sue to Block U.S. Law Requiring Sale or Ban

Wed, 05/15/2024 - 05:47
The group, whose legal fees are being paid for by the company, said a ban of the app would violate their First Amendment rights.

OpenAI’s Chief Scientist, Ilya Sutskever, Is Leaving the Company

Wed, 05/15/2024 - 04:59
In November, Ilya Sutskever joined three other OpenAI board members to force out Sam Altman, the chief executive, before saying he regretted the move.

Red Lobster Temporarily Closes Dozens of Restaurants

Wed, 05/15/2024 - 04:02
The seafood chain has been losing money for years. The liquidator behind the auction said more than 50 of its U.S. locations had closed.

Under Fire for ‘Toxic’ Work Culture, Bank Regulator Apologizes Again

Wed, 05/15/2024 - 01:00
A scathing report revealed a culture of widespread sexual harassment and discrimination at the Federal Deposit Insurance Corporation. Martin Gruenberg will testify on Capitol Hill starting on Wednesday.

Fed Chair’s Confidence in Slowing Inflation Is ‘Not as High’ as Before

Wed, 05/15/2024 - 00:10
Jerome H. Powell, the Federal Reserve chair, said the central bank was poised to leave interest rates on hold after surprisingly stubborn inflation.

Can Google Give A.I. Answers Without Breaking the Web?

Tue, 05/14/2024 - 23:46
Publishers have long worried that artificial intelligence would drive readers away from their sites. They’re about to find out if those fears are warranted.

Comcast Plans Streaming Bundle With Netflix and Apple TV+

Tue, 05/14/2024 - 23:43
The bundle, called StreamSaver, is the latest joint effort from entertainment companies looking to woo price-weary customers.

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