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Crucial days ahead as debt ceiling deal goes for vote and Biden calls lawmakers for support

A key test will come Tuesday afternoon when the House Rules Committee is scheduled to consider the package and vote on sending it to the full House for a vote expected Wednesday.

AI poses ‘risk of extinction,’ industry leaders warn
Recent advancements in so-called large language models have raised fears that AI could soon be used at scale to spread misinformation and propaganda, or that it could eliminate millions of white-collar jobs.

Elizabeth Holmes to report to prison in Texas today
The disgraced Theranos CEO is scheduled to move to a federal prison where she has been sentenced to spend the next 11 years for overseeing a blood-testing hoax that became a parable about greed and hubris in Silicon Valley.

High levels of hunger persist in Mass., as COVID-era benefits roll back
A new report from the Greater Boston Food Bank found that a third of residents struggle with finding enough to eat, and it fears those figures could get worse.

Introducing the top New England CEOs, venture capitalists, and founders of 2023
Our second annual list spotlights leaders who have kept the region's technology scene vibrant in a challenging climate, telling a story about where the industry stands, where it’s been, and where it’s going.

The Boston tech sector’s defining characteristic in 2023? Resilience.

These entrepreneurs represent what distinguishes the city's tech industry — perseverance, determination, and confidence to take the long view.

Climate change is a major problem. These Boston leaders have solutions.

From fusion power to solid-state batteries to a more eco-friendly steelmaking process, local tech companies are driving sustainable innovation.

By the numbers: A look at jobs, hiring, diversity, and funding in Mass. tech

The tech industry plays an outsized role in the region's economy, from the flow of venture capital to where workers get their paychecks.

No. 1: These restaurant-focused entrepreneurs are the Toast of tech

Steve Fredette, Aman Narang, and Jonathan Grimm have built technology to help eateries in Boston and beyond.

More from tech power players

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Three years after the Top of the Hub closed, View Boston takes its place

Finally, a promising new class of drugs is making its way to Alzheimer’s patients

Lessons in modern-day rent control, 3,000 miles from Boston

Boston thrives off the dreams of young people. But can they make it here?

Baby boomers and Gen Xers benefited from economic conditions that do not exist for millennials. And by many measures, the path ahead for Gen Z is even more fraught.
Tell us: How have things changed in Boston since you were in your early 20s?

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Announcing the new business newsletter from columnist Larry Edelman
ON THE STREET

Framingham is reinventing itself. Again.
The On the Street series looks at the past, present, and future of neighborhoods in Greater Boston.

Watch the videoFramingham’s public schools offer a pipeline for inclusionExplore the full series
BOLD TYPES

With SparkCharge, Josh Aviv is providing electric vehicle charging on-demand
Globe reporter Janelle Nanos sits down with leaders in the city’s business community to talk career paths, accomplishments, and visions for Boston’s future.

Watch the videoExplore the full series

See the Tech Unicorn Tracker

The Boston Globe's tech unicorn tracker lists startups headquartered in Massachusetts that have a valuation of at least $500 million.

More business headlines

New details in debt limit deal: Where $136 billion in cuts will come from

The bill cuts so-called nondefense discretionary, which includes domestic law enforcement, forest management, scientific research and more — for the 2024 fiscal year.

Prosecutors say Sam Bankman-Fried’s arguments to dismiss cryptocurrency charges are meritless

Bankman-Fried has pleaded not guilty to charges that he cheated investors and looted customer deposits on FTX to make lavish real estate purchases, donate money to politicians, and make risky trades at his cryptocurrency hedge fund trading firm.

LGBTQ+ activists call for new strategies to promote equality after Target backlash

Target announced last week that it removed products and relocated Pride displays to the back of certain stores in the South.

Why spending cuts probably won’t shake the economy

Economists say the debt deal is unlikely to inflict the sort of lasting damage to the recovery that was caused by the 2011 deal — and, paradoxically, the newfound spending restraint might even help it.

Baby eels remain one of America’s most valuable fish after strong year in Maine

Baby eels, called elvers, are often worth more than $2,000 per pound because of how valuable they are to Asian aquaculture companies.

INNOVATOR Q&A

5 innovators to watch in R.I.’s life sciences industry

Rhode Island’s life sciences are already starting preclinical spinoffs, creating apps for specific patient populations, and conducting ground-breaking medical research. Here’s a look at a few we’ve featured recently.

With debt limit deal in hand, McCarthy and Biden turn to task of selling it

To get the legislation through a fractious and closely divided Congress, McCarthy and top Democratic leaders must cobble together a coalition of Republicans and Democrats in the House and the Senate willing to back it.

Takeaways on debt ceiling: McCarthy’s balancing act, Biden’s choice and the challenges ahead

After weeks of negotiations, President Joe Biden and House Speaker Kevin McCarthy have struck an agreement to avert a potentially devastating government default.