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Americans’ expectations about their ability to switch jobs is at an all-time low.
That’s according to the latest edition of The Federal Reserve Bank of New York’s Center for Microeconomic Data Survey of Consumer Expectations, released Monday (March 9).
The survey shows that the mean probability of voluntarily leaving one’s job in the next 12 months, otherwise known as “the expected...
Anthropic has introduced a marketplace that includes third-party tools for its artificial intelligence (AI) assistant Claude.
The Claude Marketplace, which is now in limited preview, will provide a way for enterprises to simplify their procurement of AI tools, the company said in a Friday (March 6) post on X.
Organizations that have an existing Anthropic spend commitment can apply some...
Anthropic sued the Department of Defense Monday (March 9) to block it from placing a supply chain risk designation on the artificial intelligence (AI) company, Reuters reported Monday.
The company filed the lawsuit in federal court in California, arguing that the designation violates its rights to free speech and due process and asking the court to reverse the designation and block the...
Microsoft has debuted a software bundle designed to promote on-the-job use of its AI tools.
The company’s E7 bundle, announced Monday (March 9), will become available May 1 and cost $99 per user each month. It combines Microsoft 365 E5, Microsoft 365 Copilot and Agent 365 into a one solution powered by Microsoft’s Work IQ intelligence layer.
Writing on the company blog, Microsoft...
Attorneys general from several states say they haven’t abandoned their antitrust case against Live Nation.
This came after the news Monday (March 9) that the U.S. Department of Justice had reached a settlement with the company, which owns Ticketmaster.
As Reuters reported, Live Nation will pay a $200 million settlement and agree to make changes to its platform, such as allowing the...
Agentic artificial intelligence firm Lyzr was valued at $250 million in a Series A+ funding round, the company said in a Tuesday (March 3) post on LinkedIn.
The company raised $14.5 million in the round, which was led by Accenture, Bloomberg News reported Monday (March 9).
Lyzr said in its post that it is focused on developing “a foundational technology platform to power the post-...
Consumer credit growth slowed in January but remained firmly positive, extending a trend that has been in place for nearly a year.
In a nutshell, households continue to rely on credit to support spending. And as consumers wield theit cards in full force, the battle for loyalty in the premium card space is heating up.
Data released Friday by the Federal Reserve show that total consumer...
First came the tariffs and their unpredictability, now come the refunds.
As covered here last week, Judge Richard Eaton at the Court of International Trade ordered the U.S. Customs and Border Protection (CBP) to start the process of refunding importers the $130 billion collected under the now-illegal trade tariffs. The CBP has told a judge that it is developing a system to refund...
Stablecoin payment platform KAST says it has raised $80 million in new funding.
The company’s Series A round, announced Monday (March 9), will allow KAST to expand its product, designed to ease cross-border money movement for people and businesses.
KAST said this new round of funding is happening as stablecoins are increasingly being employed as payment and settlement mechanisms.
“That...
In the early days of the internet, networks did not naturally speak to one another.
Standards had to emerge, trust had to be layered on top of open protocols and institutions had to decide how much control they were willing to relinquish in exchange for connectivity.
Blockchain technology has reached a similar inflection point.
Whether the digital asset landscape’s diverging path...