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The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

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Mathematicians grapple with a ‘very rapid and very unsettling change’ as AI cracks yet another century-old problem

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The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

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Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

3

Mathematicians grapple with a ‘very rapid and very unsettling change’ as AI cracks yet another century-old problem
LeadershipDonald Trump

Donald Trump Has Picked Rick Perry to Lead the Energy Department

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U.S. President-elect Donald Trump on Wednesday formally announced Rick Perry, a former Texas governor and Trump’s one-time presidential rival, as his choice to lead the U.S. Department of Energy.

If the nomination is confirmed by the U.S. Senate, the move would put Perry in charge of a federal department that he had proposed eliminating during his bid for the 2012 Republican presidential nomination.

In a statement from Trump’s transition team, the president-elect cited Perry’s tenure leading Texas, a leading oil-producing state and the nation’s second-most-populous one, from 2000 until 2015.

“Rick Perry created … a business climate that produced millions of new jobs and lower energy prices in his state, and he will bring that same approach to our entire country as secretary of energy,” Trump said in the statement.

Perry, who ran unsuccessfully for the presidency in 2012 and 2016, in the statement welcomed the planned nomination to serve under Trump, who takes office Jan. 20.

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