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New York outlaws selling new gas-powered new vehicles by 2035

New York joins California and Massachusetts as states that have set deadlines to move away from fossil fuel-powered vehicles.

U.S. unemployment claims rise after hitting pandemic low

The number of Americans seeking unemployment benefits moved up last week to 332,000 from a pandemic low, a sign that worsening COVID-19 infections may have slightly increased layoffs.

Alphabet’s Project Taara laser tech beamed 700TB of data across nearly 5km

The 20Gbps Free Space Optical Communications tech for Project Taara was originally part of Project Loon

‘We all must come together now’: Senate Dems struggle for unity to finish $3.5 trillion bill

Senate Democrats are poised to blow past their Wednesday deadline to finish the $3.5 trillion social welfare bill, raising fresh doubts about the party’s ability to hold together and put the bill onto President Biden’s desk.

Canva raises $200 million at $40 billion valuation

Canva, an Australian design software company, raised $200 million at a $40 billion valuation led by T. Rowe Price.

Democrats’ propose top tax rate of 39.6% – here’s who would pay it

Top individual income rate would climb to 39.6% for wealthiest individuals, families

Inflation surges as prices spike 5.3 percent, settling at high pace

Inflation continued to surge in August, but appeared to settle at nearly the fastest pace in almost 13 years as the economy continues to emerge from the pandemic, the feds said Tuesday.

Producer prices are still moving up as inflation concerns linger

Producer prices increased by more than expected in August, a reminder that inflation pressures continue to linger in the economy.

Business Activity Growth Slows While Labor Cost Inflation Hits Record High: Chicago Fed

A new report from the Chicago Federal Reserve on business conditions in the central bank’s seventh district paints a picture of slowing growth and historically high price pressures, with labor cost inflation at a record high.

Defense contractors generated $7.35 trillion since 9/11

Like many human tragedies, 9/11 was great news for defense contractors. Over the course of the past 20 years, they've brought in a stunning $7.35 trillion in revenue, according to a Defense News database. The overwhelming majority of that money came from the Pentagon.

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