Fortis’ News of the Week:
- Cheyenne, Wyoming has six individuals running for mayor – with one notable stand out. VIC, or Virtual Integration Citizen, was developed by OpenAI and has entered it’s name as a mayoral candidate.
- Hybrid work schedules and housing costs are leading to longer and longer commutes. Super commutes (driving 75 miles or more) are up by nearly a third since the pandemic.
- Women’s employment has hit an all time high with 75% of all women age 25-54 working after an increase in the childcare employment sector.
- The SEC debate on if Finfluencers (financial influencers) should be regulated as financial advisors continues as tension rises between wanting to protect investors and free speech.
- Nvidia (NVDA) becomes the fourth “Magnificent Seven” stock to split since 2022. The company’s 10 for 1 stock split comes after a 212% price growth in the past year.