By Nathalie Voit General Motors (GM) and Honda said on April 5 they will collaborate on a line of low-cost electric vehicles based on a new universal platform, according to a joint press release from the two car companies. The joint venture will utilize GM's next-generation Ultium battery technology. GM said that the new EV series is [...]
By Nathalie Voit More than one in five Americans has used, traded, or invested in cryptocurrency, a new NBC News poll revealed. Half of adult men between the ages of 18 and 49 have personally toyed with the currency, the highest share among any demographic group studied, NBC said. Among black Americans, 40% said they have traded or [...]
By Nathalie Voit A key inflation indicator rose to its highest level in nearly 40 years in February, the Commerce Department said in a news release published on March 31. The core personal consumption expenditures price index, which discounts gas and grocery prices, increased 5.4% from one year ago. This was its largest annual jump since April [...]
By Nathalie Voit A California judge approved an $18 million settlement between video game giant Activision Blizzard and the U.S. Equal Employment Opportunity Commission (EEOC), according to a press release from Activision published on March 29. “The agreement we reached with the EEOC last year reflected our unwavering commitment to ensure a safe and equitable working environment for all [...]
By Nathalie Voit Popular blockchain computer game Axie Infinity became the target of a massive security breach that saw over $615 million funds drained from its Ronin Network on March 23, according to a blog post released by Ronin this week. “There has been a security breach on the Ronin Network,” Ronin said on March 29. “Earlier [...]
By Nathalie Voit Massive government spending during the COVID-19 pandemic is at least partly to blame for the surge in U.S. inflation, researchers from the Federal Reserve Bank of San Francisco said in a study published on March 28. "Fiscal support measures designed to counteract the severity of the pandemic's economic effect may have contributed [...]
By Nathalie Voit In a blog post from March 29, mobile-brokerage firm Robinhood said it was adding an extra four hours to extended trading for users. "Robinhood was built to revolutionize the markets and bring more people into our financial system. That's why Robinhood is working towards offering 24/7 investing — giving customers unprecedented access to the [...]
By Nathalie Voit Music streaming giant Spotify added a COVID-19 public health advisory on podcasts that mention the coronavirus. The feature, first promised nearly two months ago, was just recently spotted on the platform for the first time on March 28. The advisory warning will appear as a thin blue tab on any podcast episode or [...]
By Nathalie Voit Google unveiled a new feature that will make it easier for consumers to browse and book medical appointments, Chief Health Officer at Google Karen DeSalvo wrote in a blog post on March 24. The new feature will enable users to browse medical office availability and schedule appointments directly through Google's search engine. Consumers looking [...]
By Nathalie Voit Last week, Gov. Ned Lamont (D-CT) signed emergency bipartisan legislation suspending Connecticut’s excise tax on gasoline from April 1 to June 30, becoming the latest governor to introduce a so-called “gas-tax break” to help his state cope with surging gas prices. The legislation, known as House Bill 5501, will pause the state’s 25-cents-per-gallon tax [...]
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