The new law will build on California’s main privacy law. Georgijevic/Getty Images A California bill that aims to protect children’s safety and wellbeing online was signed Thursday. The law prohibits companies from tracking children’s location and forces websites to protect their privacy. Gov. Gavin Newsom said California is taking “aggressive action” to protect kids online….
Monthly Archives: September 2022
Lucky-photographer/Shutterstock The Fed may have to raise its policy rate to 5% to get a grip on inflation, according to Deutsche Bank. The bank’s economists said the Fed typically overshoots the inflation rate before starting to cut. That suggests a policy rate of at least 4.5% next year, but it could be higher with more…
Airstream Airstream unveiled a new $131,882 camper van on a Ram Promaster chassis. The RV maker previously exclusively used Mercedes-Benz Sprinter chassis for its Class B RVs. Airstream has “always” considered shifting from the Sprinter amid Mercedes-Benz’s supply chain delays. Famed RV maker Airstream has unveiled a new $131,882 Ram Promaster-based camper van in a…
Foam-filled tires are made of regular rubber but filled with hardened liquid urethane. They have benefits like being impervious to flats, but can only be used on slow-moving vehicles. Still, companies are willing to pay three times as much as air-filled tires for them. Narrator: This is a tire technician disassembling what’s known as a…
Volunteers mingle outside of St. Andrews Episcopal Church. Two planes of migrants from Venezuela arrived suddenly Wednesday night on Martha’s Vineyard. Jonathan Wiggs/The Boston Globe via Getty Images A homeless shelter coordinator on Martha’s Vineyard said the island doesn’t have space for 50 migrants who were flown there earlier this week. The coordinator said the…
United Airlines United Airlines announced in September an order for 200 of Eve Air Mobility’s eVTOL aircraft. The carrier put down $15 million for Eve, which follows the $10 million deposit it made for another eVTOL in August. United has invested heavily in electric and supersonic planes as it prepares its future fleet. United Airlines…
President Joe Biden. AP Photo/Evan Vucci The Biden administration published preliminary guidance on regulating cryptocurrencies. The report follows Biden’s executive order in March calling for an examination of digital assets. The White House’s new crypto framework said a central bank digital currency “has the potential to offer significant benefits.” The White House released Friday a…
A FedEx delivery truck is seen on August 07, 2019 in Fort Lauderdale, Florida. Joe Raedle/Getty Images FedEx’s CEO said he thinks the world is heading into a recession. The company reported disappointing earnings, blaming reduced package demand and worsening economic conditions. FedEx will cut costs by reducing flights, closing 90 retail locations, and trimming…
Wearing concept clothes from ChainGuardians, a model walks the runway at a NYFW show. Imaxtree At New York Fashion Week, blockchain gaming company ChainGuardians debuted its first line of ‘phygital’ clothing. Using AR and VR, guests could ‘try on’ and interact with the clothes before they hit the runway. Web3 enthusiasts and ‘Love Island’ stars…
Rep. Virginia Foxx, R-N.C. Al Drago/CQ Roll Call GOP Reps. Foxx and Comer want investigations into the ethics of Biden’s student-loan forgiveness. They’re concerned that the staffers who helped craft the policy could stand to benefit from it. Republicans have been blasting the relief since Biden announced up to $20,000 in loan forgiveness. Two Republican…