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Fed Chair Powell Says AI Probably a Factor in Concerning Unemployment Rates

gizmodo.com Ece Yildirim 2025-09-18 21:20:48

The Fed decided to cut interest rates on Wednesday, citing a weak labor market as the reason. The latest jobs report showed that U.S. employers only added 22,000 jobs in August, down from the 79,000 in July, showing a dramatic slowing in hiring. It was the worst August report since the pandemic and it got the Federal Reserve Board concerned. In a press conference on Wednesday, Fed Chair Jerome Powell was asked whether he thinks AI has any effect on this trend. Powell said that although there i

Topics: ai earlier fed hiring labor
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Tesla Model Y door handles now under federal safety scrutiny

arstechnica.com Unknown 2025-09-19 21:59:54

When Elon Musk's Department of Government Efficiency began wielding its axe at the National Highway Traffic Safety Administration earlier this year, many believed this was done to weaken the agency's oversight over Tesla. But despite the Tesla CEO's sometimes-close relationship with the Trump administration, it appears there is still some independence left within NHTSA: earlier this week the agency opened a new safety investigation into the door handles of the Tesla Model Y. The timing may not

Topics: door earlier handles safety tesla
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Report: Deadpool Will Make His MCU Return in ‘Avengers: Doomsday’

gizmodo.com Germain Lussier 2025-11-10 17:51:24

It seems Ryan Reynolds wasn’t trolling his fans after all. Earlier this week, the Deadpool actor posted a logo from Deadpool & Wolverine teasing a connection to the Avengers. Was he joking? Was he not? Well, it turns out, he wasn’t. Deadpool will reportedly appear in some capacity in the upcoming Avengers: Doomsday. He just won’t be a member of the team. The Hollywood Reporter reported the news of the character’s addition and io9 has reached out to Marvel Studios for any clarity or confirmation

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Rocket maker Firefly Aerospace files to go public under ticker FLY

cnbc.com Samantha Subin 2026-01-17 12:57:39

Firefly Aerospace CEO Jason Kim sits for an interview at the Firefly Aerospace mission operations center in Leander, Texas, on July 9, 2025. Rocket maker Firefly Aerospace filed for an initial public offering on Friday, with plans to trade under the ticker symbol "FLY" on the Nasdaq. Firefly's planned offering comes during a resurgence period for IPOs after the market collapsed in 2022 as rising interest rates and skyrocketing inflation deterred investors from betting on riskier assets. Some

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Rivian spinoff Also raises another $200M to build e-bikes and more

techcrunch.com Sean O'Kane 2026-01-25 22:51:52

In Brief Also Inc., the micromobility startup spun out of Rivian earlier this year, has raised $200 million from Greenoaks Capital, according to a new report from Bloomberg News. The funding round brings Also’s post-money valuation to $1 billion. The startup raised $105 million from Eclipse Ventures earlier this year when it was cleaved from Rivian. Also started as a skunkworks team inside Rivian in 2022 known as Project Inder, as TechCrunch previously reported. The team started working on an

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NASA Reveals First-Ever Full Image of Peanut-Shaped Asteroid Donaldjohanson

gizmodo.com Gayoung Lee 2026-02-04 02:57:11

Scientists with NASA’s Lucy mission are finally wrapping up the process of refining the data gathered by the spacecraft’s April 20 encounter with Donaldjohanson, an asteroid in our solar system’s main asteroid belt. And it’s, uh, as peanut-shaped as we first saw it. Earlier this year, Lucy’s Long Range Reconnaissance Imager snapped an image of Donaldjohansson while quickly swooping past it, at a distance of about 600 miles (960 kilometers), with the smallest visible features measuring around 13

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Meta approached AI startup Runway about a takeover bid before Scale deal

cnbc.com Ashley Capoot 2026-02-25 03:45:17

Meta spoke with artificial intelligence startup Runway about a potential takeover ahead of its multibillion-dollar investment in Scale AI, CNBC confirmed on Monday. Runway is best known for its AI video generation tools and earned a spot on CNBC's Disruptor 50 list earlier this month. The deal talks between Meta and Runway did not progress far and dissolved, according to a person familiar with the matter who asked not to be named due to the confidential nature of the discussions. Bloomberg ea

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