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Geoffrey Hinton, a cognitive psychologist and computer scientist known as the “Godfather of A.I.,” announced on Monday that he exited his position at Google and is no longer optimistic about the future of artificial intelligence.
Published: Saturday, May 20th, 2023 @ 1:10 am
By: Daily Wire
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North Carolina’s unemployment rate dropped to 3.5% in March according to the latest release from the North Carolina Department of Commerce. This is lower than February’s revised rate of 3.6%, yet 0.2 percentage points higher than the unemployment rate in March of last year.
Published: Saturday, May 20th, 2023 @ 12:38 am
By: John Locke Foundation
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The American Legislative Exchange Council (ALEC), along with Dr. Arthur B. Laffer, just released their 2023 annual report of Rich States, Poor States.
Published: Wednesday, May 3rd, 2023 @ 8:41 am
By: John Locke Foundation
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JPMorgan Chase CEO Jamie Dimon expressed confidence about the future of the American economy despite the recent banking crisis that gripped the nation and his pessimistic comments last year.
Published: Friday, April 28th, 2023 @ 7:35 pm
By: Daily Wire
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Japan will continue to purchase Russian crude oil above the $60 per barrel price cap imposed by G7 nations last year.
Published: Wednesday, April 26th, 2023 @ 10:53 am
By: Daily Wire
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Google executives will scale back a number of the technology firm’s notoriously lavish employee perks amid efforts to reduce costs and increase profitability.
Published: Tuesday, April 25th, 2023 @ 10:13 pm
By: Daily Wire
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Remember when the price of eggs soared, and providers said it was inflation and higher transportation costs and a sudden drop in production and some kind of avian flu?
Published: Thursday, April 20th, 2023 @ 6:06 pm
By: Daily Wire
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What are they smoking out in California?
Published: Sunday, April 16th, 2023 @ 2:32 pm
By: Daily Wire
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Tesla chief executive Elon Musk, Apple co-founder Steve Wozniak, and hundreds of other technology leaders called for a pause on the development of powerful artificial intelligence due to the “profound risks” that the nascent systems pose to mankind.
Published: Sunday, April 16th, 2023 @ 5:03 am
By: Daily Wire
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First Citizens Bank will acquire Silicon Valley Bank on Monday after the latter company faced a run on deposits and collapsed.
Published: Thursday, April 13th, 2023 @ 12:05 am
By: Daily Wire
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Switzerland‘s two largest banks are poised to merge in a deal regulators sought to help create stability as volatility rocks financial institutions around the globe.
Published: Saturday, April 1st, 2023 @ 12:10 pm
By: Daily Wire
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Unemployment rates increased in all but one of North Carolina’s 100 counties in January, according to the latest release from the state’s Department of Commerce. These local rates are not seasonally adjusted and are subject to large seasonal patterns.
Published: Friday, March 31st, 2023 @ 12:06 am
By: John Locke Foundation
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Ford submitted a patent application for a self-driving vehicle that would repossess itself if the owner misses car payments.
Published: Saturday, March 11th, 2023 @ 2:05 pm
By: Daily Wire
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A Vietnamese electric vehicle maker with plans to build a production plant in Chatham County may be in trouble after announcing it is cutting 80 jobs in the U.S., including its chief financial officer, all before delivering its first vehicle.
Published: Thursday, February 23rd, 2023 @ 6:43 pm
By: Carolina Journal
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More recession and economic concerns as another tech company announces layoffs
Published: Thursday, February 23rd, 2023 @ 10:24 am
By: John Locke Foundation
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“It is important to recognize that some of this growth in business formation is due to necessity entrepreneurship as more workers were displaced during the pandemic,” said Greg Brown
Published: Saturday, February 18th, 2023 @ 1:17 pm
By: Carolina Journal
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Consumer spending fell 0.2 percent in December, making this the second consecutive month of decline. Covid savings are drying up and high interest rates appear to be cooling the economy.
Published: Tuesday, February 14th, 2023 @ 3:50 am
By: John Locke Foundation
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Sen. Bill Rabon, R-Brunswick, has filed the NC Compassionate Care Act (S. B. 3), a bill that legalizes medical marijuana. It was the first bill filed in North Carolina’s state Senate on Wednesday, the first day of bill filing.
Published: Thursday, February 9th, 2023 @ 2:28 pm
By: Carolina Journal
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New business creation filings grew 40% in 2021 over 2020, for a total of 178,300 new businesses in the state.
Published: Tuesday, January 31st, 2023 @ 7:00 pm
By: Carolina Journal
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North Carolina has been named the 2022 State of the Year by Business Facilities magazine. The state previously won the honor in 2020.
Published: Monday, January 23rd, 2023 @ 12:47 pm
By: Carolina Journal
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Wells Fargo announced a pivot toward offering home ownership services for minority applicants even as the firm pulls away from the mortgage correspondent and servicing businesses.
Published: Tuesday, January 17th, 2023 @ 4:13 pm
By: Daily Wire
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Scientists from the Lawrence Livermore National Laboratory in Calif. produced net energy gain
Published: Tuesday, December 27th, 2022 @ 3:18 am
By: John Locke Foundation
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A number of entertainment conglomerates and media companies are announcing layoffs as the macroeconomy continues to impact several industries.
Published: Monday, December 26th, 2022 @ 1:30 pm
By: Daily Wire
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Inspired by the recent actions of new Twitter owner and chief executive Elon Musk, more business leaders in California’s Silicon Valley are dismissing surplus employees.
Published: Saturday, December 24th, 2022 @ 10:31 am
By: Daily Wire
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One of the most noteworthy geopolitical and economic developments in modern history has been the emergence of China as a superpower. The miraculous rise of the once-ascendent communist nation, however, could lose tremendous momentum as the strength of its manufacturing sector rapidly dissipates.
Published: Saturday, December 24th, 2022 @ 4:45 am
By: Daily Wire
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Building permits are down more than 15% from a year ago.
Published: Saturday, December 24th, 2022 @ 4:05 am
By: Carolina Journal
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North Carolina places 10th in the nation for its tax environment, according to new rankings from the Washington, D.C.-based Tax Foundation.
Published: Friday, December 23rd, 2022 @ 11:31 pm
By: Carolina Journal
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Ongoing trend continues of companies not living up to their economic promises to North Carolina despite JDIG incentives.
Published: Friday, December 23rd, 2022 @ 2:25 am
By: Carolina Journal
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Unemployment increased in 99 of North Carolina’s 100 counties last month according to the latest release from the state’s Department of Commerce.
Published: Friday, December 23rd, 2022 @ 1:19 am
By: John Locke Foundation
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American retail expenditures declined 0.6% between October and November, according to data released on Thursday by the Census Bureau.
Published: Thursday, December 22nd, 2022 @ 8:03 am
By: Daily Wire
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The nonprofit Tax Foundation has released its State Business Tax Climate Index each year since 2003, distilling complicated tax environments into a simple and easy-to-understand ranking. The index is focused on how states generate revenue, not how much.
Published: Thursday, November 17th, 2022 @ 1:38 pm
By: John Locke Foundation
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The last few years have seen an exploding housing market, with the costs of homes surging amid low inventory, but now, experts say the market has taken a turn, and the U.S. has now entered a housing recession.
Published: Thursday, September 22nd, 2022 @ 1:15 am
By: Daily Wire
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Unemployment rates (not seasonally adjusted) increased in all but two of North Carolina’s counties in June, according to the latest release from the North Carolina Department of Commerce.
Published: Sunday, August 14th, 2022 @ 3:48 pm
By: John Locke Foundation
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National Economic Council Director Brian Deese said on Wednesday that the United States can address high inflation by passing more spending bills.
Published: Saturday, July 23rd, 2022 @ 9:00 pm
By: Daily Wire
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In response to the Covid shutdown recession, the Small Business Administration and Department of the Treasury rolled out the Paycheck Protection Program (PPP).
Published: Wednesday, July 20th, 2022 @ 8:40 am
By: John Locke Foundation
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CNBC ranked North Carolina as the #1 state for business and economy in 2022. North Carolina has consistently been a top 10 contender and last year was the runner-up, but what caused the state to take the top spot?
Published: Wednesday, July 20th, 2022 @ 8:02 am
By: Carolina Journal
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As unemployment remained at low levels in June, the portion of American adults participating in the job market remains far below pre-recession levels, according to a Friday news release from the U.S. Bureau of Labor Statistics.
Published: Wednesday, July 20th, 2022 @ 7:46 am
By: Daily Wire
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