The remainder of August is poised to become a pivotal moment in the history of the American workforce, heralded by the Federal Trade Commission’s impending enforcement of a rule to eliminate non-compete clauses, effective September 4, 2024. As this critical deadline nears, we are on the cusp of potentially witnessing the largest exodus of resignations
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The recent resignation of Nemat “Minouche” Shafik as the president of Columbia University has stirred up controversy and left many questioning the circumstances that led to her departure. After just a little over a year in office, Shafik decided to step down amidst mounting criticism over her handling of protests on campus related to the
In July, inflation rose as expected, driven mainly by higher housing-related costs, as reported by the Labor Department. The consumer price index, which measures prices for goods and services, increased by 0.2% for the month, resulting in a 2.9% inflation rate over the past 12 months. Economists had predicted slightly lower readings, with expectations of
The rollout of the new Free Application for Federal Student Aid (FAFSA) was nothing short of a disaster, according to many accounts. The Department of Education’s poor planning left some college students in the dark about the status of their aid awards for the fall semester. This failure led to a delay in the launch
Consumers are displaying growing confidence in July regarding the future outlook of inflation, according to a recent report from the New York Federal Reserve. The latest data from the Survey of Consumer Expectations reveals that respondents anticipate inflation to remain elevated in the upcoming year but then gradually decrease over the subsequent years. In particular,
Former President Donald Trump recently made baseless accusations against Vice President Kamala Harris, claiming that she used AI technology to fabricate images of crowd sizes at her rallies. This misleading information was spread through Trump’s social media platform, Truth Social, and amplified by other MAGA Republican commentators. This type of misinformation only serves to sow
Barbara Res, the former executive vice president of construction and development at the Trump Organization, has spoken out against former President Donald Trump’s claims of a helicopter ride with former San Francisco Mayor Willie Brown in the 1990s. According to Res, the helicopter ride incident that Trump recounted never actually involved Brown. Res explained in
Senator Elizabeth Warren has raised questions about the Tesla board’s handling of CEO Elon Musk’s utilization of company resources for his other ventures, such as SpaceX and xAI. In a detailed letter to Tesla Chairwoman Robyn Denholm, Warren expressed her belief that the board is failing in its fiduciary responsibilities to Tesla’s shareholders by not
Maryland’s Democratic Gov. Wes Moore recently highlighted that Vice President Kamala Harris would bring a unique focus to antitrust and regulatory policy if she were to become president. His statement emphasizes that Harris would prioritize small business growth and ensure healthy competition within large industries, a contrast to the current regulatory approach of the Biden
In a recent announcement, co-founder of OpenAI, John Schulman, revealed his decision to depart from the Microsoft-backed company and join Anthropic, an artificial intelligence startup with backing from Amazon. This move comes shortly after OpenAI disbanded a superalignment team focused on ensuring human control over AI systems that surpass human capabilities. Schulman, who previously led