*By Conor White*
New Jersey could become a home to increased innovation with more hands-on support from lawmakers, said one of the state's leading advocates for technology innovation.
Aaron Price, the founder and CEO of Propelify, said that Gov. Chris Murphy, a Democrat elected last year to succeed the two-term Republican administration of Chris Christie, could help revive the state's tech sector.
"I think we have the right leadership, in my opinion, finally," said Price in an interview Monday with Cheddar. "We reached out to Christie's administration, who was more hands-off, I'm pleased so far that Gov. Murphy has been extremely supportive and he's making a lot of steps in the right direction."
Price founded the Propelify Innovation Festival three years ago.
"If you're looking to advance your business, or advance your career, this is the place that you should be," said Price.
Last year's festival had 10,000 people participate from around the world. Past speakers include Gary Vaynerchuk and Ariana Huffington. This year, Gov. Murphy and Sen. Cory Booker will speak to the conference participants.
For the full interview, [click here](https://cheddar.com/videos/turning-ideas-into-action-at-propelify).
The Energy Department is making a push to strengthen the U.S. battery supply chain, announcing up to $3.5 billion for companies that produce batteries and the critical minerals that go into them.
Ed Egilinsky, managing director and head of sales and distribution & alternatives with Direxion, joined Cheddar News to discuss how bond traders are reacting to the latest consumer price index data and how they're positioning portfolios ahead of next week's release of Nvidia's earnings. Egilinsky also discussed some of the other bigger-cap companies, including Alphabet, Amazon and Apple.
Facebook and Instagram will require political ads running on their platforms to disclose if they were created using artificial intelligence, their parent company announced on Wednesday.
