Once seen by politicians as a tool to tackle issues, Capitol Hill is finding out that technology could be a double-edged sword with unintended consequences. Cecilia Kang, National Technology Correspondent at The New York Times, joined to take a closer look at the crossroads between politics and Silicon Valley.
Kang discussed why the Democrats became sour on Silicon Valley. She said the 2016 election was the start of a journey for the Democratic party to evaluate the role of technology companies in the spread of information. Kang added that they wanted to investigate whether social media companies were good or potentially harmful for democracy. When the shock wore off from the election results, they wanted to look into what was behind the outcome.
Are Democrats just trying to find something else to blame for election results they aren’t happy with? Kang pointed out that social media companies themselves have acknowledged that they did play a role in the election. This is evident in the newsfeed algorithm changes implemented by Facebook. The company is now placing a heavier emphasis on content from friends and family opposed to content from publishers.
While the U.S. may slowly be on the path to lowering inflation (and therefore interest rates), Europe has thoroughly trounced America, putting it on the path to lower rates by this summer.
April's release of the monthly Housing Starts and Building Permits reports by the Census Bureau provides crucial insights into the construction activity in the housing market. These reports are an economic indicator, shedding light on the current state of the housing market and its broader economic impact.
Caitlin Clark is heading to the Indiana Fever, the number one draft pick and the highest-scoring college basketball player of all time. And while she may not be getting millions from the WNBA, there's a few ways she'll net compensation for her generational talents.
Author of 'Clean Meat,' Paul Shapiro joins Cheddar to discuss how the cellular agricultural revolution helps lower rates of foodborne illness and greatly improves environmental sustainability. Plus, how his company The Better Meat Co. is bringing healthier food options to the table.
Recent headlines might make it sound like World War III is imminent, but when it comes to your finances, it's not the time to panic. The market is coming off its longest winning streak since 2011.
You may have noticed fewer new venture capital-backed startups (like Airbnb or Uber) lately. The market slowed to a crawl after 2021, but things are expected to take off again in 2025.
Corporate earnings season is underway, that time when companies share their billions in sales or double-digit profits. But the data shows even companies are struggling with high inflation and interest rates.
Boeing continues their terrifying trend of having their planes fall apart mid-flight, inflation — checks notes — is still up and the future of AI looks terrifying. Cheery!
Food waste – uneaten scraps or leftovers sent to landfills – is responsible for 10% of global emissions. Mill, a new product from the co-founder of Nest, thinks technology can play a role in eliminating it.
By the time the 2024 election is over, be prepared to see some form of a recession – but this shouldn’t be as bad as what we experienced in 2020 or 2008.
