Crash

$30 Billion Rescue of First Republic Bank Announced by Major Banks

A group of banks announced a $30 billion rescue of First Republic Bank on Thursday afternoon as part of efforts to stabilize the market.

Trump Warns of New ‘Great Depression’

The collapse of Silicon Valley Bank (SVB) was the fault of US President Joe Biden’s administration, Donald Trump has claimed, warning it could lead to a new Great Depression in the United States.

FDIC and Federal Reserve Discuss Creating Fund to Backstop Deposits Following Bank Crash

The Federal Deposit Insurance Corp. (FDIC) and Federal Reserve are discussing creating a fund to backstop deposits if more banks fail following the collapse of Silicon Valley Bank.

Researchers Find ‘Higher Than Normal’ Amounts Of Chemicals in East Palestine Air

A recent assessment found high levels of dangerous chemicals in the air following the train derailment in East Palestine, Ohio.

America Desperately Needs a Bipartisan Pandemic Post-Mortem

Two important reviews were recently released, both casting serious doubts on the scientific basis for many policies rolled out during the COVID-19 pandemic.

Head-On Train Collision in Greece Kills 36

A train crash in central Greece has resulted in at least 36 fatalities, prompting the country's transport minister to resign, and an investigation into the incident is ongoing.

Washington Post Finds Trump Policies Did Not Influence Train Derailment

The WaPo report comes after Transportation Secretary Pete Buttigieg blamed Trump-era policies for the East Palestine, Ohio, train derailment.

U.K. Politician Suggests People ‘Work More’ To Afford Food Under Rising Inflation

Britain’s environment secretary suggested people struggling to pay for food during a historic cost-of-living crisis consider working more hours.

More Parents Moving in With Adult Children Due To ‘Reverse-Boomerang Effect’

While the number of 25 to 34-year-olds moving back in with their parents has been rising since 2021, apparently, so has the reverse trend.

Ohio Residents File Class Action Lawsuit Against Railroad Company Norfolk Southern

Ohio residents filed a class action lawsuit on Thursday against the railroad company Norfolk Southern after a train carrying toxic chemicals derailed in early February and cast a toxic plume of chemicals over the town and polluted the air and water, according to the lawsuit’s text.

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