Author: News Room

Kevin Warsh’s first big Fed move comes straight from the CEO playbook

Every new boss has a move. Some announce layoffs. Others reorganize the company.Kevin Warsh launched task forces.”At any institution, a change in leadership is a natural and timely opportunity to reaffirm its mission, to review current practices, and to consider whether those practices best meet our objectives,” Warsh said Wednesday…

What smart people are saying after Fed chair Kevin Warsh’s debut

Warsh’s first meeting as Fed chair made clear that he wants to update how the central bank operates and communicates, SoFi chief market strategist Liz Thomas wrote, pointing to his new task forces and a shorter policy statement that dropped forward guidance.”While this gives the market less to react to,…

A Google veteran who founded Character.AI is jumping to OpenAI

Noam Shazeer, a co-lead at Gemini and the founder of Character.AI is leaving Google to join OpenAI in the latest AI talent war move.In an X post on Wednesday, Shazeer announced his departure and said he looks forward to working with the “exceptional team” at the ChatGPT maker.”It was a…

Visit California State Historic Parks for Free with Special Pass

Folks who have been wanting to visit one of California’s State Historic Parks but haven’t found the time to do so may be in luck, as Gov. Gavin Newsom announced that the state will be offering a free pass to residents in celebration of Juneteenth and America’s 250th anniversary. California…