The job market is facing some tough times. The unemployment rate has gone up to 4. 6%, the highest it's been since 2021. This news comes late because of a long government shutdown. Things aren't looking great. In October, the country lost 105, 000 jobs. A big part of this was because many federal w
The stock market had a wild week, ending on a high note. Investors cheered as inflation cooled down and some big companies reported strong earnings. But not everything is rosy. Job losses are up, and people are feeling less confident about spending money. The market took a tumble early in the week,
The recent US inflation report has sparked debates. The Bureau of Labor Statistics (BLS) had to fill in missing data for October and November. They used old numbers and estimates to complete the picture. The BLS admitted they didn't collect new data for October. They also had trouble gathering all
In a bold move, Councilmember Brooke Pinto, along with her colleagues, has sent a detailed letter to the Metropolitan Police Department (MPD) demanding answers. The letter, sent on December 18, raises serious questions about how crime data is being handled and the extent of federal involvement in lo
John Williams, the head of the New York Federal Reserve, recently talked about how November's inflation numbers might not be entirely accurate. He pointed out that some technical issues messed with the data. Because of problems collecting data in October and early November, the numbers for November
Micron has kicked off its fiscal year with a bang, showing off some serious growth in the AI hardware world. The company's stock jumped over 13% after its first-quarter report, proving that the AI boom is still going strong. Micron is now a key player in the AI hardware game, thanks to its high-band
November's inflation report showed a drop, but experts are questioning its accuracy. The Consumer Price Index (CPI) fell to 2. 7% from 3% in September. This seems good, but the data might not be reliable. The problem started with the government shutdown in October. This shutdown stopped data collec
Dell, once known mainly for its hardware, is now diving deep into the world of AI and cloud services. They're teaming up with Microsoft to create new software and data management tools for businesses. This partnership is all about making AI more accessible and flexible for companies that want to use
Three senators are questioning how big tech companies are affecting your electricity bills. They sent letters to seven major firms, including Google, Microsoft, and Amazon. The senators claim these companies aren't paying their fair share for the power they use. They also accuse these firms of keepi
Jeffery Carroll is stepping up as the new interim police chief in Washington, DC. He's been with the police force since 2002. The announcement came after the previous chief, Pamela Smith, decided to step down. Carroll is no stranger to big responsibilities. He's been in charge of day-to-day operati
