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Senate banking chair asks Biden to replace FDIC chairman after ‘toxic culture’ report

Brown called on President Biden to nominate a new chair for the FDIC ‘without delay,’ which the Senate would then confirm. The most powerful Democrat in Congress on banking and financial issues called for President Joe Biden to replace the chairman of the Federal Deposit Insurance Corp. on Monday, saying the agency is broken and there must be “fundamental...

Mon May 20, 2024 23:45
Microsoft unveils new AI-powered PCs and features at its Build developer conference

Microsoft’s new CoPilot+ PCs can judge how well you play ‘Minecraft’—and help you remember what you were working on the other day. For the third time in roughly a week, a major tech company is showing off its near-term plans for the future of generative artificial intelligence. This time, it’s Microsoft’s turn.

Mon May 20, 2024 23:45
Water quality engineers explain the pros and cons of hard water

Water that’s too hard or too soft could damage pipes and lead to health and aesthetic concerns. When you turn on your faucet to get a glass of water or wash your face, you’re probably not thinking about what’s in your water – besides water. Depending on where you live and whether you have a water-softening system, your water might contain dissolved...

Mon May 20, 2024 23:45
Union icon Mary Kay Henry is stepping down today. Here’s why she is so confident about labor’s future

In an interview with Fast Company, Henry looks back on her four-decade-plus career at SEIU, the union’s biggest wins during her tenure, and the future of the labor movement. After 14 years at the helm of the Service Employees International Union, Mary Kay Henry is formally stepping down today from her role as president.

Mon May 20, 2024 23:45
Meta AI feature on Facebook and Instagram undermines the point of online communities

This ‘real people’ aspect of online communities continues to be critical today. A parent asked a question in a private Facebook group in April 2024: Does anyone with a child who is both gifted and disabled have any experience with New York City public schools? The parent received a seemingly helpful answer that laid out some characteristics of a...

Mon May 20, 2024 22:53
Coins left at airport security checkpoints reignite debate on getting rid of them

That money adds up, with travelers leaving behind almost $10 million in change over the past 12 years. Should the U.S. get rid of pennies, nickels and dimes? The debate has gone on for years. Many people argue for keeping coins on economic-fairness grounds. Others call for eliminating them because the government loses money minting low-value coins.

Mon May 20, 2024 22:53

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