by Cate Bikales | Oct 31, 2023 | Business, Featured
WASHINGTON — Despite high consumer prices and rising interest rates, the U.S. economy surged this summer, driven largely by consumer spending. Gross Domestic Product (GDP) rose at a 4.9% inflation-adjusted annual rate in the July-through-September period, up from 2.1%...
by Matthew Vega | Oct 31, 2023 | Business, Featured
WASHINGTON — Lawmakers heard concerns from experts, workers, and business owners on Tuesday about Artificial Intelligence and its future use in the workplace. Appearing before the Senate Committee on Health, Education, Labor and Pensions, the panel of witnesses...
by Casey He | Oct 31, 2023 | Business, Politics
WASHINGTON – The Supreme Court on Tuesday heard oral arguments in a case that could define how government officials can use social media. The case, O’Connor-Ratcliff v. Garnier, revolves around the question of whether public officials were acting in their official...
by Casey He | Oct 31, 2023 | Business, Featured
WASHINGTON – President Joe Biden signed a long-anticipated executive order on artificial intelligence Monday, marking the federal government’s most comprehensive effort to rein in the technology to date. “One thing is clear: to realize the promise of AI and avoid the...
by Kristen Axtman | Oct 25, 2023 | Business, Featured
WASHINGTON – A Senate panel on Wednesday sought to address a key issue affecting working parents: the lack of a federal paid leave program. Although no specific bill was debated during the Senate Finance Committee hearing, several Democratic lawmakers cited their...
by Casey He | Oct 24, 2023 | Business, Featured
WASHINGTON – Congress needs to act on immigration reform for high-skilled workers to fill jobs in the growing U.S. semiconductor industry, a Department of Commerce director and industry experts said on Tuesday. “We are imposing a self-inflicted wound on our country...
by Cate Bikales | Oct 19, 2023 | Business, Featured
WASHINGTON — The U.S. government’s current response to pandemic-related fraud is outdated and not fit to fight back against dynamic foreign adversaries, experts warned at a House Ways and Means Oversight Subcommittee hearing on Thursday. One solution could be emerging...
by Casey He | Oct 19, 2023 | Business, Featured
WASHINGTON – Artificial intelligence and cybersecurity researchers urged lawmakers on Thursday to enact tougher legislation to protects American companies and their intellectual property from cyberattacks, especially those from China. “The Chinese Communist Party,...
by Matthew Vega | Oct 19, 2023 | Business, Featured
WASHINGTON — Small business owners told lawmakers on Thursday that new regulations enacted by the Department of Labor are hurting their productivity and claim the rules have led to bureaucracy and mounted costs which push their businesses out of the market. Mario...
by Jessica Ma and Kristen Axtman | Oct 17, 2023 | Business, Featured
WASHINGTON — As Congress continues to weigh how to regulate how college athletes are being paid, University of Florida gymnast Trinity Thomas was among those urging lawmakers to create national standards regarding how college-athletes profit from their personal...
by Casey He | Oct 11, 2023 | Business, Featured
WASHINGTON – The head of marketing at Booking.com, the online travel agency, testified in federal court in Washington on Wednesday about Google’s dominance in the search engine and paid search markets – and how companies like his heavily depend on it. This bench...
by Pavan Acharya | Oct 10, 2023 | Business, Featured
WASHINGTON — The Supreme Court on Tuesday took up a rare case involving maritime law that could increase state or policyholder power over the federal law that historically governs maritime disputes. Maritime insurance contracts are governed by federal admiralty law,...
