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News
Elon Musk's X is the AI community group chat
3+ day, 18+ hour ago (227+ words) Elon Musk bought Twitter saying civilization needed a "common digital town square." Four years later, it's more like a live group chat for Silicon Valley's AI obsessives. Why it matters: Two years ago, X was fighting off competition from a…...
Iowa grocery prices face new pressure
4+ day, 16+ hour ago (161+ words) Iowan grocery shoppers could soon feel a broader price squeeze as war, weather and rising farm costs push up food production and transportation costs. Why it matters: Midwest grocery prices were already 2.2% higher in July than a year earlier, and…...
How D.C. is remembering 9/11, 25 years later
4+ day, 17+ hour ago (186+ words) A quarter-century after the Sept. 11 attacks, Washington is marking the anniversary with rarely seen artifacts, performances and remembrance. The big picture: D.C. and the Pentagon were at the center of 9/11 and its aftermath — and local institutions are drawing on their collections…...
America's jobs scare recedes
1+ week, 2+ day ago (381+ words) The labor market looks considerably healthier than it did at the start of the summer. Why it matters: Friday morning's jobs report recast the last two months as a period of modest job growth rather than of outright deterioration, capped…...
U.S. labor market booms, with 162,000 jobs added in August
1+ week, 2+ day ago (116+ words) U.S. employers added 162,000 jobs in August, while the unemployment rate held steady at 4.1%, the Labor Department said on Friday. Why it matters: The better-than-expected report is fresh evidence of the labor market's resilience, easing fears that a hiring slowdown had taken…...
Why front-runners like Tuberville are skipping town halls
1+ week, 3+ day ago (431+ words) Town halls and debates — or the lack thereof — have become a flash point in Alabama's midterm elections, particularly the race for governor. Why it matters: Democratic candidates facing long odds in deep-red Alabama are pushing for more debates, town halls…...
China's objections derail G20 finance statement
1+ week, 5+ day ago (213+ words) The G20 finance ministers failed to agree on a joint statement after China objected to several provisions, including language addressing huge trade surpluses and countries' reliance on exports for growth. Why it matters: China was the lone holdout, with the other…...
Vance reaches out to Jewish Republicans in Vegas speech
1+ week, 5+ day ago (204+ words) Vice President Vance on Monday offered an olive branch to Jewish Republicans who have grown wary of his views toward Israel. Why it matters: Vance's appearance at the meeting is the latest indication that he's trying to repair ties with…...
Trump loses longshot bid to erase hush money conviction
2+ week, 2+ day ago (177+ words) A federal judge again declined to erase President Trump's hush money conviction on Friday, noting that the president's arguments were "neither new nor legally sufficient."Why it matters: The loss is another blow to the president, who has sought to…...
Fed's Warsh: Interest rate increases in play if inflation doesn't fall
2+ week, 2+ day ago (361+ words) Federal Reserve chairman Kevin Warsh said Friday that the central bank's leaders have "work to do" if they are not confident that inflation is moving to 2% "clearly and at sufficient speed," implying that interest rate hikes are ahead in the…...