Disney breaks out MagicBand+ and its special effects
Disney World debuts MagicBand+ and its interactive powers on statues, fireworks and Star Wars games
U.S. finalizes $102.1 million loan to Syrah Resources for Louisiana plant
This is the first loan from the Advanced Technology Vehicles Manufacturing (ATVM) Loan Program finalized since 2011.
Senate passes semiconductor industry bill with $2 billion for auto-grade chips
The bipartisan bill — known as the CHIPS and Science Act, or “CHIPS-plus” — provides more than $50 billion in government subsidies for U.S. semiconductor research, design and production, including $2 billion for “legacy chips” used by automakers and parts suppliers.
Fed unleashes another big rate hike in bid to curb inflation
The Federal Reserve on Wednesday raised its benchmark interest rate by a hefty three-quarters of a point for a second straight time in its most aggressive drive in three decades to tame high inflation.
State guaranteeing insurance claims through hurricane season to counter downgrade risk
Homeowners won’t lose their policies if their insurance company loses its A financial stability rating under a temporary reinsurance plan announced Wednesday by the Florida Office of Insurance Regulation. The program offers full state backing for any claim during hurricane season, even if their insurer goes bankrupt, the state said.