Jahvon Meadows

Senate Intelligence Committee holds hearings for tech firms
Business

Senate Intelligence Committee holds hearings for tech firms

Congress and U.S. intelligence agencies have agreed that the Moscow Kremlin attempted to divide the general public on topics such as race and religion, as well as influence the political climate during the 2016 presidential election. The Russian government achieved this feat largely through the use of social media, which allowed Russian sponsors to spread…

Business

President Trump nominates Powell as Fed Chair to replace Yellen

On Nov. 2, President Donald Trump nominated Federal Reserve Governor Jerome Powell to become the new Chairman of the Federal Reserve, replacing former chair Janet Yellen. Powell was first appointed to the Fed board in 2012 by former President Barack Obama. Trump described Powell as an intelligent and committed leader who would “build on Yellen’s…

Business

Mattress startup Casper attains $750 million valuation in 5 years

Since launching in 2014, Casper, a direct-to-consumer mattress company, has grown from a small startup to a company with over 250 employees in multiple countries and hundreds of millions of dollars in annual sales. Within the last four years, the company has risen to a $750 million valuation. The company’s co-founders, Jeff Chapin, Gabriel Flateman,…

Business

Robot-managed funds gain popularity over human-managed funds

BlackRock, the largest fund company in the world, is experiencing a new problem that has affected the entire finance industry in recent years. Funds actively managed by human managers have fallen out of favor for funds managed by robots. At BlackRock, these low-cost funds have enjoyed enormous growth as human stock pickers, who drove much…

Credit reporting agency Equifax suffers hack affecting 146 million
Business

Credit reporting agency Equifax suffers hack affecting 146 million

Equifax, one of the three major consumer credit reporting agencies, recently announced an information breach of private company data which might have affected over 143 million Americans. The data includes sensitive information such as birth dates, Social Security numbers, names, addresses, credit card numbers and driver’s license numbers. This recent cyberattack is one of the…

Business

Trump claims future tax code reform will benefit middle class

Since the 2016 Republican presidential primaries, President Donald Trump has called for a change to the U.S. tax code. Recently, Trump revealed more information about the tax code reform that he wants. He said that the changes would benefit the middle class, rather than the wealthy. According to Bloomberg, Trump told reporters, “I think the…

Business

Study claims ExxonMobil misled public about climate change

ExxonMobil, the world’s largest publicly traded international oil and gas company, is the focus of a recently published study by Harvard University claiming that the company misled the public regarding the existence of climate change. The Harvard researchers who conducted the study, Naomi Oreskes and Geoffrey Supran, published their peer-reviewed findings in both the journal…

Business

Walmart forms partnership with Google to challenge Amazon

Google is forming a partnership with Walmart with the aim to challenge its biggest competitor, Amazon. Beginning in late September, Walmart will offer its products on Google Express, Google’s e-commerce and delivery platform. Shoppers will soon also be able to order hundreds of thousands of Walmart goods just by speaking to Google Home, the company’s…