Investment

Illinois’ Unfunded Pension Liability Grows to $143.7 Billion

Illinois’ pension crisis continues to deepen, with the state's unfunded pension liability reaching $143.7 billion, according to the latest report from the Illinois Commission on Government Forecasting and Accountability (COGFA). This figure is $1.5 billion higher than last year and marks the second-highest total since 2020, when the liability hit $144.2 billion.

Biden Administration Spent $1 Billion on DEI Grants Amid Declining Student Performance

The Department of Education under President Joe Biden has directed more than $1 billion toward diversity, equity, and inclusion (DEI) initiatives since 2021, according to a report by watchdog group Parents Defending Education (PDE).

Soros Fund Affiliate Purchases Production Company

An affiliate of the Soros Fund Management purchased First We Feast, the production company behind BuzzFeed's interview show, "Hot Ones."

Pentagon Launches Initiative for Next-Gen AI

The Pentagon announced that it is establishing the Artificial Intelligence Rapid Capabilities Cell (AI RCC) to accelerate the deployment of newer AI tools.

Nasdaq Surges Past 20,000, Fueled by AI and Rate Cut Expectations

The Nasdaq Composite Index soared past 20,000 for the first time ever on Wednesday, marking a significant milestone in a year dominated by the...

Biden Administration Grants $6.165 Billion to Micron Technology

The Biden-Harris administration has awarded semiconductor giant Micron Technology up to $6.165 billion in direct funding through the CHIPS Incentives Program, aiming to significantly expand U.S. semiconductor manufacturing capabilities.

Australia Investigates Missing Deadly Virus Samples in Major Biosecurity Breach

The Queensland government announced Monday that hundreds of virus samples, including dangerous pathogens like Hendra, Lyssavirus, and Hantavirus, are missing from a state laboratory.

Pentagon Rolls Out Counter-Drone Strategy Amid Rising UAV Threats

The Pentagon has introduced a new counter-drone strategy in response to a surge in drone incursions threatening U.S. bases and national security.

Trump Administration Prioritizes Tax Reform and Border Security for Early 2025

Incoming Deputy Chief of Policy Stephen Miller confirmed on Sunday that comprehensive tax reform will be a top priority for President-elect Donald Trump’s administration, dispelling rumors of any potential delays. Miller stated that Congress will begin addressing tax reform immediately after tackling the border crisis, with a proposed timeline starting in January or early February.

University of Michigan’s $250 Million DEI Program Faces Scrutiny, Possible Defunding

The University of Michigan, home to the country’s largest and most expensive diversity, equity, and inclusion (DEI) program, is under fire for its reported failures and escalating tensions on campus. With over $250 million invested since 2016 and an annual operating budget of $30.68 million, the program is facing criticism for fueling divisions while failing to achieve its stated goals.

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