Economic

Janet Yellen Admits Gov’t Is Picking Winners and Losers in Bank Bailout

Treasury Secretary Janet Yellen's admission that the government is picking winners and losers in the bank bailout process, particularly disadvantaging community banks, could lead to the consolidation of banking power in the hands of a few large institutions, according to critics.

Ohio Attorney General Files Civil Lawsuit Against Norfolk Southern Over Train Derailment

Ohio Attorney General has filed a civil lawsuit against Norfolk Southern over a train derailment that caused the release of over one million gallons of hazardous chemicals.

U.S. Maternal Mortality Rate Jumped 40 Percent Amid Pandemic

The maternal death rate across the United States rose significantly in 2021 amid the COVID-19 pandemic, according to a new report from the National Center for Health Statistics at the Centers for Disease Control and Prevention (CDC).

OpenAI Launches GPT-4

OpenAI has released its advanced AI model GPT-4, which is multimodal, making it capable of both text and image generation, sparking competition between Microsoft and Google.

Ohio AG Sues Norfolk Southern for ‘Glaring Negligence’ Following Train Derailment

Ohio is suing Norfolk Southern in federal court for “recklessly endangering” the health of residents in East Palestine, Ohio, and the surrounding area after a train derailment in the state last month sparked a public health and environmental emergency.

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.

Swedish ‘Climate Activist’ Greta Thunberg Deletes 2018 Tweet Claiming The World Would End in 2023

In 2018, Swedish conspiracy theorist and professional climate rage actor Greta Thunberg shared a tweet declaring the world would end in 2023 because “science.”

Home Depot Co-Founder Blasts ‘Woke’ Silicon Valley Bank Collapse

Home Depot co-founder Bernie Marcus discussed the devastating collapse of Silicon Valley Bank, urging Americans to "wake up" and understand that the U.S. economy is in "tough times."

Biden Budget Proposes $17 Trillion in Deficits Over Next Decade

President Joe Biden revealed the third budget of his presidency, proposing to spend $6.8 trillion and raise taxes by approximately $5 trillion.

Inspector Generals Say Billions in COVID Relief Funds Were ‘Biggest Fraud in a Generation’

Inspectors General from the Labor Department, Treasury Department, and Small Business Administration (SBA)testified on Covid-19 relief funding to the House Oversight Committee, stating that billions of dollars were lost through "fraud" and "waste" in what was "the biggest fraud in a generation."

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