As the number of unemployment claims continues to rise, states are turning to big tech companies for help, and Rhode Island is working with Amazon Web Services on the issue.
"They stepped into the crisis and really helped us out in real-time," Director of the Rhode Island Labor Department, Scott Jensen told Cheddar.
In "normal" times, Jensen explained that the state's system worked just fine, but said this is not "normal times." Amazon's cloud-based solutions have helped the state handle the recent spike in traffic that the state has seen as unemployment numbers rise.
"Old infrastructure isn't going to handle it … and that's where Amazon stepped in for Rhode Island and helped us supply in a couple of really smart ways," he said.
Apple has rolled out an update to its operating system this week with a feature called Stolen Device Protection. It makes it a lot harder for phone thieves to access key functions and settings, and users are being urged to turn it on immediately.
The U.S. economy grew at an unexpectedly brisk 3.3% annual pace from October through December as Americans showed a continued willingness to spend freely despite high interest rates and frustrating price levels.
Alan Becker, CEO and Investment Adviser Representative at Retirement Solutions Group and RSG Investments, shares his thoughts on the latest GDP data plus why he's not sold cryptocurrency as a long-term asset.
The Biden administration wants to ban another type of bank “junk fee," targeting fees that are typically charged by banks when a transaction is declined in real time.
Al Root, senior writer at Barron’s, breaks down everything expected from Tesla’s earnings report, from Elon Musk’s demands from the board to why the market has been looking for affordable EV options.
Online retailer eBay Inc. will cut about 1,000 jobs, or an estimated 9% of its full-time workforce. The announcement follows similar moves by other tech companies that ramped up hiring during the pandemic while people spent more time and money online.