OpenAI’s policy team was lobbying blue states to enact AI safety legislation to create a de facto national standard
Category: Business
May University of Michigan Consumer Sentiment Hits Record Low Amid Iran War Economic Fears
The University of Michigan’s consumer confidence index fell to its lowest-ever reading for May
Logan County Illinois Passes 12-Month Data Center Moratorium After Months of Debate
Local authorities in Logan County halted new data centre developments for a year following community concerns
Chicago Office Tower to Be Sold at 90 Percent Discount from 2014 Purchase Price Highlighting Market Collapse
A major Chicago developer was poised to buy a nearly empty office tower at a fraction of its original sale price
Superhot Rock Geothermal Renaissance Propels Clean Energy Beyond Solar and Wind
New drilling technology was enabling geothermal energy to scale rapidly alongside solar and wind power
Damage from Iran War Looms Larger in S&P Global Survey of US Companies Hitting Inflation and Employment
S&P Global data showed more US firms were citing Iran war impacts as a drag on business outlook and workforce plans
Jobless Claims Remain Near Multi-Decade Low at 210000 Signaling No Imminent Recession
US initial unemployment claims stayed near historically low levels projecting unemployment falling toward 4 percent
Kevin Warsh Sworn In as Federal Reserve Chair at White House Replacing Jerome Powell
Kevin Warsh was officially installed as the 11th modern Fed chair in a White House East Room ceremony with Justice Clarence Thomas administering the oath
Chicago City Council Approves 54.7 Million Dollar Tax Break to Jump-Start United Center Development
Chicago approved a major tax incentive package to spur redevelopment around the United Center sports arena
Dow Jones Rises 294 Points to Set New Record High Ahead of Memorial Day Weekend
US stocks rallied on Friday with the Dow setting a record close driven by optimism about potential progress in Iran talks