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Curbing the federal government’s roughly $2 trillion budget deficit would help reduce the affordability challenges American households are facing, a new analysis finds. The nonpartisan Committee for a Responsible Federal Budget (CRFB) published a report on Wednesday detailing how reducing the federal budget deficit over both the near- and long-term…

The ‘ChatGPT for doctors,’ OpenEvidence, was valued at  billion in a new funding round

OpenEvidence, an AI search engine for doctors, is the latest AI darling to raise back-to-back funding rounds. The company recently raised $250 million in investment from hospital systems and Andreessen Horowitz, valuing OpenEvidence at $15 billion, according to people familiar with the matter. In January, OpenEvidence raised a new round of funding that valued the company at $12 billion. OpenEvidence could be open to an M&A deal that includes access to compute, which could become…

Finance news

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Business

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Bank of America is expanding its skills-based hiring efforts, announcing Thursday that it will hire 1,000 additional apprentices over the next two years while investing $150 million in workforce development programs. The Charlotte, North Carolina-based bank said the new apprenticeship positions will span consumer banking, technology, operations and other business…

Markets

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You got laid off. Now your boss wants you back.

In the AI era, leaving a company or role may not mean forever.On Wednesday, Business Insider reported that Amazon is trying to recruit back workers it previously laid off. They’re not the only company dialing up former employees. One CEO of a small tech firm said she laid off staff,…

Investing

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