Linda McMahon, head of the Small Business Administration, discusses her appointment to the role and her journey rising through the ranks of the business world. McMahon was made head of the S.B.A. by President Trump.
McMahon says in her first year as head of the S.B.A, she was surprised by how little people knew about it. McMahon explains the S.B.A is much more than just loans, as they've offered assistance to areas hit by natural disasters. The agency made more then 96,000 loans to businesses in the mainland U.S. and Puerto Rico.
McMahon is encouraged by the loans her agency has given to female business owners, totaling over $8 billion for fiscal year 2017. McMahon says those loans are already a $500 million increase over the previous year.
Artificial intelligence is the biggest buzzword at the World Economic Forum’s annual meeting in Davos. Advances in generative AI stunned the world last year, and the elite crowd is angling to take advantage of its promise and minimize its risks.
Smartphones could get much smarter this year as the next wave of artificial intelligence seeps into the devices that accompany people almost everywhere they go.
The plans would include nearly 20,000 homes initially for 50,000 residents and could grow to 400,000 people.
In an annual assessment of global inequalities, Oxfam International said the first trillionaire could emerge within the next decade — as the anti-poverty organization pointed to the growing wealth gap that skyrocketed globally during the pandemic.
The Biden administration proposed a cost drop for overdrawing bank accounts, which it says could particularly relieve Americans living paycheck to paycheck.
With thousands of layoffs in tech and beyond, how workers can keep their skills sharp, plus reasons to be hopeful when looking at the job market.
Taking a look at investment strategy as the new year gets into full swing.
Americans stepped up their spending in December more than expected, closing out the holiday season and the year on an upbeat tone. The Commerce Department said retail sales rose 0.6% in December compared with a November’s 0.3% increase.
A New York architect charged in a string of slayings known as the Gilgo Beach killings was accused in a 25-year-old Connecticut woman's death.
Uber purchased Drizly in a cash-and-stock deal for $1.1 billion in 2021. The drink delivery app will shut down in March, according to Uber.
