Economy

GOP Chair Ronna McDaniel Says Widespread Bank Failures Highlight Biden’s Incompetence

GOP Chair Ronna McDaniel says widespread bank failures highlight Biden's incompetence.

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.

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.

Biden’s Policies Responsible for Persistent Inflation, ‘Potential Banking Crisis,’ Economist Says

The consumer price index, a key measure of inflation, rose 0.4% in February, up 6% from February 2022, the U.S. Bureau of Labor Statistics reported on Tuesday.

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.
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Third Largest Bank Failure in US History: Signature Bank Collapses Following Silicon Valley Bank

New York-based Signature Bank, with $110.36 billion in assets, has become the third largest bank failure in US history, following the recent collapse of Silicon Valley Bank, but depositors of both banks will be made whole and no losses will be borne by the taxpayer.

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