Behind the Powell Election: A Bet That the Economy Has Room to Grow

President Biden’s decision to reappoint Jerome H. Powell as head of the Federal Reserve reflects the president’s belief that, despite high inflation, the American economy has a long way to go to make strong gains for women, Black and Hispanic Americans, and low-wage workers. climb the middle class. During an appearance at the White House, …

Behind Powell’s choice: a bet the economy has room to grow and

President Biden’s decision to reappoint Jerome H. Powell as head of the Federal Reserve reflects the president’s belief that, despite high inflation, the American economy has a long way to go to make strong gains for women, Black and Hispanic Americans, and low-wage workers. climb the middle class. During an appearance at the White House, …

Facebook’s New Bet on Virtual Reality: Conference Rooms

SAN FRANCISCO — The idea that virtual reality would go mainstream has remained for years: virtual. While tech giants like Facebook and Sony have spent billions of dollars perfecting the experience, virtual reality has remained a niche toy for hobbyists often willing to pay thousands of dollars for a bulky VR headset connected to a …