Rising youth unemployment rates since the 2020 pandemic may be tied to a trend in remote work, the New York Federal Reserve Bank said in an analysis published on Monday. In the report, the regional Fed bank cited census data showing a 20 percent increase in the jobless rate among college graduates under 29, from...
NASA on Wednesday announced that its Mars Atmosphere and Volatile Evolution (MAVEN) orbiter mission has ended, almost half a year after scientists last heard from the spacecraft. All systems were working normally before MAVEN's passage behind Mars in December, the space agency said in a statement. NASA's Deep Space Network was unable to find a...
The head of CBS News told staff on Wednesday that the network’s decision to fire a longtime “60 Minutes” correspondent involved a breach of trust, according to an audio transcript of an editorial call reported by The New York Times. “I’m only interested in working in a newsroom that is built on trust and mutual...
OpenAI CEO and co-founder Sam Altman tried to distance himself from the artificial intelligence industry's massive lobbying efforts this cycle as scrutiny mounts over the millions of dollars the sector is throwing into the midterms. Shortly after meeting with lawmakers on Capitol Hill on Wednesday, Altman was asked about OpenAI's involvement in primaries across the...
A new economic outlook released Wednesday indicates that a prolonged disruption of energy supplies resulting from the war in Iran would deliver a severe blow to the global economy, likely causing countries to slip into recession and leading to increased unemployment. The Organization for Economic Cooperation and Development (OECD) described the conflict's impact as the...
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Inside the The Hill's Invest in America event The Hill held its second annual Invest in America Summit on Wednesday, as lawmakers, regulators and industry leaders spoke about how the U.S. economy is changing and keeping...
Welcome to The Hill's Defense & NatSec newsletter {beacon} Defense &National Security Defense &National Security The Big Story Trump takes double whammy with Iran, Ukraine votes President Trump took two hits on Wednesday with House lawmakers passing legislation designed to force him to end the Iran War, and a vote that flies against his...
Several GOP lawmakers joined House Democrats on Wednesday afternoon to pass a resolution to force the Trump administration to end its war against Iran and to advance legislation to support Ukraine in its fight against Russia. Four Republicans crossed party lines to support the Iran war powers resolution, including Reps. Thomas Massie (Ky.), Brian Fitzpatrick...
President Trump said renovations to the Lincoln Memorial Reflecting Pool were completed on Wednesday after being cleaned and re-painted “American flag blue.” “Excitingly, the final coat of protection will be completed on the Reflecting Pool that sits between The Washington Monument and The Lincoln Memorial, at 4 P.M., today,” Trump wrote in a Truth Social...
President Trump is expected to announce that his administration will put about $700 million to bolster coal. Trump is set to use wartime authority under the Defense Prevention Act to dole out $425 million to 13 existing coal plants and $75 million for an export terminal in California. He is also expected to announce $185...
Two advisory board members for the Stars and Stripes military newspaper are suing the Pentagon, alleging that the Defense Department’s overhaul of the publication is undermining its editorial independence. The lawsuit, filed Wednesday, asks a federal judge to block the Pentagon’s efforts to “exert unprecedented control” over the news outlet, arguing the department is attempting...
President Trump sidestepped a question Wednesday about whether his $1.8 billion anti-weaponization fund is a dead idea or just on hold after acting Attorney General Todd Blanche said there were no plans to move forward with it. "It's a... I’d have to ask the lawyers," Trump said in the Oval Office. "I don't know." He...
Six Republicans joined Democrats on Wednesday to push through a vote on military aid for Ukraine, a blow to President Trump’s handling of Russia’s war against the country and his withdrawal of U.S. support for Kyiv. The House voted 218-204 in a procedural motion that clears the way for a vote on the Ukraine Support...
