At the start of 2024, the U.S. grappled with economic expansion and strong job growth but unexpectedly high inflation. This economic challenge is hurting the Federal Reserve’s target of a 2% inflation rate and leaving it with few options. 2024’s Economic Start The United States’ economic conditions at the start of 2024 initially showed signs […]
Author: Keegan Leighty
Oil Industry Reaches 13 Million Barrels Daily Despite Green Energy Efforts
In 2023, the United States led the world in oil production for the sixth consecutive year despite promises from the Biden administration for a transition towards greener energy sources. Six Years Running The U.S. Energy Information Administration (EIA) has recently confirmed that the United States was the world’s leading oil producer for the sixth consecutive […]
Will China Be Forced to Sell TikTok by the U.S.?
A new legislative bill in the U.S. House of Representatives could force TikTok’s parent company to sell the app due to fears that China’s involvement in data collection could pose a national security threat. Voting Against ByteDance The United States House of Representatives is now set to vote on a bill that would force ByteDance, […]
Equal Pay Day Exposes America’s Wage Divide
A new U.S. Census Bureau report and observations stemming from Equal Pay Day highlight the persistent gender pay gap in America and reveal how women earn significantly less than men across various levels of education and professions. A New Report The U.S. Census Bureau recently came out with a report that revealed the ongoing issue […]
EU Outlaws Personal Ratings and Predictive Policing in New AI Regulations – Will the U.S. Do the Same?
The European Parliament has introduced new standards for AI development throughout the EU, bypassing the AI Act. As the first piece of legislation to address AI, this act bans specific AI uses, establishes transparency rules, and requires risk assessments for high-risk systems. The AI Act The European Parliament has officially passed its first piece of […]
Google Restricts Its AI Chatbot from Answering Questions About Elections
Google has created new restrictions for its AI chatbot, Gemini, that prevent it from answering questions about major elections this year and bring further controversies to the company. Gemini Restrictions To prevent the spread of misinformation, Google has placed a global restriction on its AI chatbot, Gemini, so that it cannot answer questions about several […]
13 Million Barrels Daily: Biden Administration Sets New Oil Production Record Despite Green Energy Promises
In 2023, the United States led the world in oil production for the sixth consecutive year despite promises from the Biden administration for a transition towards greener energy sources. Six Years Running The U.S. Energy Information Administration (EIA) has recently confirmed that the United States was the world’s leading oil producer for the sixth consecutive […]
Can The U.S. Government Force China to Sell TikTok?
A new legislative bill in the U.S. House of Representatives could force TikTok’s parent company to sell the app due to fears that China’s involvement in data collection could pose a national security threat. Voting Against ByteDance The United States House of Representatives is now set to vote on a bill that would force ByteDance, […]
Equal Pay Day: A Stark Reminder of Wage Inequality in America
A new U.S. Census Bureau report and observations stemming from Equal Pay Day highlight the persistent gender pay gap in America and reveal how women earn significantly less than men across various levels of education and professions. A New Report The U.S. Census Bureau recently came out with a report that revealed the ongoing issue […]
Bitcoin Reaches an All-Time High and Market Regulators Are Taking Notice
Bitcoin just hit a new peak, soaring past the $70,000 mark to reach past $72,269. This milestone comes amidst a flurry of market expansion and aligns with some interesting shifts in regulatory attitudes in the UK and the US. However, even with this growing institutional approval, the caution due to cryptocurrency unpredictability hasn’t faded from […]