Author: Daniel snow
Amazon CEO Andy Jassy speaks during an Amazon Devices launch event in New York City, U.S., February 26, 2025. Brendan Mcdermid | ReutersAmazon’s devices unit has a new team tasked with inventing “breakthrough” consumer products that’s being led by a former Microsoft executive who helped create the Xbox.The ZeroOne team is spread across Seattle, San Francisco and Sunnyvale, California, and is focused on both hardware and software projects, according to job postings from the past month. The name is a nod to its mission of developing emerging product ideas from conception to launch, or “zero to one.”Amazon has a checkered history…
For all the drama and trauma he wrought, driving out federal workers and hollowing out agencies, Elon Musk got nowhere near his goals and is already done. Source link
The favored U.S. inflation tracker of the Federal Reserve is expected to show little or no increase for the second month in a row, but the effort to get the cost of living under control might be far from over. Source link
President Donald Trump met Thursday with Federal Reserve Chair Jerome Powell amid the president badgering the central bank for lower interest rates.The central bank confirmed in a release that the meeting occurred, stressing that the future path of monetary policy was not discussed.”At the President’s invitation, Chair Powell met with the President today at the White House to discuss economic developments including for growth, employment, and inflation,” the Fed statement said. “Chair Powell did not discuss his expectations for monetary policy, except to stress that the path of policy will depend entirely on incoming economic information and what that means…
President Donald Trump may have just been deprived of a key cudgel to push his massive tax and spending agenda through Congress: the promise that tariffs would bring in hundreds of millions of dollars. Source link
Readers discuss the confrontation between President Trump and Harvard. Also: Standing up to Vladimir Putin; silencing authors; self-driving trucks. Source link
In the escalating standoff between Harvard University and the White House, trade schools could come out on top.As part of a broader crackdown at the nation’s wealthiest and most elite Ivy League schools, President Donald Trump recently signaled that he would divert funds from Harvard to financially support vocational training.”I am considering taking THREE BILLION DOLLARS of Grant Money away from a very antisemitic Harvard, and giving it to TRADE SCHOOLS all across our land,” Trump posted on Monday on Truth Social.It’s unclear how the president’s plan might work, and there would be many obstacles associated with redirecting federal funding. But the…
Starship is unlike other rockets. And SpaceX is testing it to destruction—deliberately. Source link
2025 Jeep Cherokee SUVStellantisDETROIT — Jeep on Thursday revealed the first details and image of its new Cherokee SUV, which the company expects to assist in the brand’s turnaround when it arrives later this year.The Stellantis brand said the new midsize SUV will feature a hybrid powertrain option but declined to specify if it would be a traditional hybrid or plug-in hybrid electric vehicle (PHEV), which the company currently offers on several SUVs.”The all-new Jeep Cherokee headlines our efforts to deliver more product, innovation, choice and standard content to customers than ever before,” Jeep CEO Bob Broderdorf said in a…
The Court of International Trade ruled inf favor of a suit by a group of entrepreneurs that argued Trump’s emergency justification for the tariffs overstepped presidential authority. Source link