LAS VEGAS — The Westgate SuperBook has expanded its footprint across the country, in Arizona, Colorado, Iowa, New Jersey and Tennessee, but they’ve taken cautious steps. And Illinois, according to SuperBook vice president Jay Kornegay, is right in SuperBook’s playbook. “I can tell you that it is in our plans to operate in the great …
Westgate SuperBook plans to enter Illinois market in 2023 Read More »
November’s PPI month-over-month beats estimates. FOX Business’ Cheryl Casone with more. If you’re suffering from inflation this holiday season, you’re not alone. Businesses are also crushed. Over the past 12 months, prices paid by businesses have risen 7.4%, according to the latest data from the Producer Price Index (PPI), used to measure “wholesale inflation”. Both …
Looks like the Inflation Grinch plans to stay. Buckle up, America Read More »
Apple plans to start using American-made processors after opening a new state-of-the-art chip factory in Phoenix, Arizona. For factory customers, which also include AMD and NVIDIA, the new facility means more secure chip supply and faster production times. Chipmaker TSMC also said today that it will begin construction of a second factory in Phoenix next …
Tim Cook and President Biden came to Arizona to announce US-made chip plans Read More »
WASHINGTON, Dec 2 (Reuters) – New projections from the U.S. Federal Reserve, released later this month, alongside an expected half-point hike in interest rates, could show that the target rate for the central bank is heading towards levels last seen on the eve of the 2007 financial crisis, and will also reveal policymakers’ best estimate …
As Fed plans to ‘rise and hold,’ new projections could show cost Read More »
The MTA plans to raise fares and tolls by 5.5% next June to help address a major budget shortfall caused by declining ridership since the start of the pandemic, officials said Wednesday. The increase is greater than the 4% increases in fares and tolls the MTA implemented every two years from 2009 to 2019. The …
MTA plans 5.5% rate hike next year, needs $600 million more to make up shortfall Read More »
Neuralink, Elon Musk’s startup that hopes to link our brains directly to computers, showed progress in two medical areas on Wednesday: helping blind people see and helping people with spinal cord injuries walk. The company, one of five led by Musk, is working on technology to deposit thousands of electrodes thinner than a hair into …
Neuralink’s brain chip plans: Help the blind see and the paralyzed walk Read More »
Treasury Secretary Janet Yellen said Wednesday she had “no plans” to step down from her post amid continued talk of the former Fed chairman’s role in the Biden administration. Speaking at the New York Times Dealbook Summit in New York, Yellen said: “I am committed to staying [as Treasury Secretary]. I have no intention of …
