Dow jumps nearly 500 points after softer-than-expected jobs report fuels hopes of an earlier rate cut
US socks soared higher Friday morning after new data showed that US job growth slowed considerably last month.
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Durham-based tech entrepreneur Austin Armstrong on AI for business and raising seed funds
14 hours ago
As AI continues to change the business landscape, Tech entrepreneur Austin Armstrong discusses how it should be an integral part of business marketing. As a recent addition to the Tweener List, his company is raising a $2 million seed...
Apple's quarterly iPhone sales plunge 10%, but stock price surges on dividend, stock buyback news
13 hours agoApple on Thursday disclosed its steepest quarterly decline in iPhone sales since the pandemic’s outset, deepening a slump that’s increasing the pressure on the trendsetting company to spruce up its products with more artificial intelligence.
David Gardner: The right partner can be key to startup success
19 hours agoThe right partnership, managed correctly with a well-negotiated agreement governing the relationship can be transformative to a startup in ways founders can’t even imagine.
Senators want limits on the government's use of facial recognition technology for airport screening
1 day agoThe technology is currently in use at 84 airports around the country and is planned to expand in the coming years to the roughly 430 covered by TSA.
AI use by businesses is small but growing rapidly, led by IT sector and firms in Colorado and DC
1 day agoThe rate of businesses in the U.S. using AI is still relatively small but growing rapidly, with firms in information technology, and in locations like Colorado and the District of Columbia, leading the way, according to a new paper from U.S. Census Bureau researchers.
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Google and Apple now threatened by the US antitrust laws that helped build their technology empires
The U.S. Justice Department’s double-barreled antitrust attack on Google’s dominant search and Apple’s trendsetting iPhone is reviving memories of the epic battle that hobbled Microsoft before it roared back to yet again become the world’s most valuable company.
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Federal Reserve says interest rates will stay at two-decade high until inflation further cools
The Federal Reserve on Wednesday emphasized that inflation has remained stubbornly high in recent months and said it doesn’t plan to cut interest rates until it has “greater confidence” that price increases are slowing sustainably to its 2% target.
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Grace Ueng: Fireside chat with entrepreneur, investor Joe Colopy
Triangle consultant and coach Grace Ueng shares key highlights and lessons from Joe Colopy, co-founder of Bronto, whose exit to NetSuite is one of the most storied tech success stories in the Triangle.
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NCBiotech program wins federal grant to expand biopharma job opportunities for NC’s military community
The two-year, $825,000 grant, awarded by the U.S. Department of Labor’s Employment and Training Administration, will be used to increase access to job training, internships and referrals across the state through the Military Outreach and Veterans Engagement (MOVE) initiative, launched in 2019 by the North Carolina Biotechnology Center.
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Federal funds fuels semiconductor manufacturing research at NC State
Wide bandgap semiconductors have many national security applications.
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Asheville solar company gets $650 million investment
Asheville-based Pine Gate Renewables has received a $650 million investment from two pension funds and an existing investor to expand its solar operations.
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Tom Snyder: What do we lose when tech takes over?
Perhaps we need more humanities and social science viewpoints, influencing product development in our tech companies.
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Affluent Americans are driving US economy and likely delaying need for Fed rate cuts
Benefiting from outsize gains in the stock and housing markets over the past several years, older Americans are accounting for a larger share of consumer spending — the principal driver of economic growth — than ever before.
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Tractor-trailers with no one aboard? The future is near for self-driving trucks on US roads
On a three-lane test track along the Monongahela River, an 18-wheel tractor-trailer rounded a curve. No one was on board.
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Kenan Institute economist applies data to real-world, cost-of-living challenges
Before joining the Kenan Institute, Sarah Dickerson was a postdoctoral associate and lecturing fellow at Duke University’s Sanford School of Public Policy, where she taught graduate-level courses in statistics and social policy while performing research focused on housing insecurity and migration.
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Pryon CEO says southeast needs to set regional standards for AI
Pryon CEO Igor Jablokov urged creation of a regional organization “where we align all the laws in terms of people operating with AI, in education and health care and defense and things of that sort.”
