The Federal Reserve has decided to keep all its regional bank presidents in their jobs. This might seem like a small thing, but it's actually pretty important. These presidents have a big say in setting interest rates, almost as much as the main governors do. Not long ago, there was talk about chan
The Trump administration is taking a strong stance on artificial intelligence (AI) regulation. On Thursday, Trump signed an executive order that aims to challenge state laws governing the AI industry. This order sets up an "AI Litigation Task Force" within the Justice Department to sue states over t
People who worry a lot might learn differently from others. This isn't just about learning to fear things, but also about learning when things are safe. Researchers wanted to see if those who worry more generalize fear and safety differently than those who worry less. In two experiments, they used
New York is making big strides in clean energy. Battery Energy Storage Systems (BESS) are playing a key role in this shift. These systems help make the energy grid more reliable and efficient. They also create jobs, with over 2, 900 New Yorkers now working in this sector. Plus, they're expected to s
BNB, the digital currency tied to the BNB Chain, saw its value drop by more than 2. 7% in a single day, landing at $865. This happened after the Federal Reserve made a small change to interest rates. While other investments like gold and stocks went up, cryptocurrencies took a hit, with the overall
Howard Marks, a big name in finance, thinks the Federal Reserve might be messing with interest rates too much. He reckons that when the Fed plays around with rates, people start taking bigger risks with their money. Right now, he doesn't see why rates need to go much lower. In a chat with Bloomberg
The Substance Abuse and Mental Health Services Administration (SAMHSA) is about to see a change at the top. Art Kleinschmidt, who has been acting as the head of the agency, is set to leave his position this Friday. This news comes as no surprise to those following the agency, as it has been operatin
In Minnesota, a group of people, many from the Somali community, took advantage of a program meant to feed hungry kids. They stole hundreds of millions of dollars meant for meals and used it to live lavishly. They bought fancy cars, luxurious homes, and even took trips to exotic places like the Mald
A heated discussion took place recently between President Trump and key European leaders regarding Ukraine. The conversation, which involved Chancellor Friedrich Merz of Germany, President Emmanuel Macron of France, and Prime Minister Keir Starmer of Britain, reportedly included "pretty strong words
Shoulder pain and limited movement can be tough to deal with. Two common surgeries to fix this are total shoulder arthroplasty (TSA) and hemiarthroplasty (HA). But which one works better in the long run? A big study was done to find out. It involved people from different countries and hospitals. Th
