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Money & The Economy
Big Banks Raking In Billions Following Federal Bailouts As Smaller Banks Suffer
Bank customers moved billions of dollars in deposits from smaller institutions to larger ones during recent banking turmoil, including the…
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White House Watch
Top Biden Adviser Anita Dunn Promoted TikTok After It Hired Her Old Lobbying Firm: REPORT
Anita Dunn, White House senior adviser and founding partner of public affairs and political consulting firm SKDK, encouraged utilizing its…
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Science, Technology, and Social Media
TikTok’s Chinese Parent Company Pushes New App
As TikTok faces a possible ban based on perceived national security risks from its Beijing-based parent company ByteDance, the Chinese…
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Money & The Economy
World’s Largest Crypto Exchange Sued By US Regulators
The Commodity Futures Trading Commission (CFTC) sued Binance, the world’s largest cryptocurrency exchange, and its CEO Changpeng Zhao on Monday…
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Science, Technology, and Social Media
Americans Are Increasingly Hooked On Chinese-Tied Apps, Not Just TikTok
The top four downloaded applications in the past 30 days in the U.S. Apple App Store and Google Play Store…
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Money & The Economy
First Citizens To Acquire Collapsed Silicon Valley Bank In Major Deal
The Federal Deposit Insurance Corporation (FDIC) announced Sunday night that First Citizens BancShares made a deal to acquire Silicon Valley…
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Money & The Economy
Fed Raises Interest Rates To Highest Levels Since 2007
The Federal Reserve hiked its target federal-funds interest rate by a quarter of a percentage point Wednesday, the ninth in…
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White House Watch
After Collecting Millions From Wall Street, Janet Yellen Now Helps Decide Which Banks Get Bailouts
3After raking in over $7 million in speaking fees from financial institutions in the two years before being confirmed, Treasury…
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In The News
Janet Yellen’s Policy Would Destroy Small US Banks While Bailing Out Chinese Depositors, Experts Say
Treasury Secretary Janet Yellen’s recent decision to backstop all uninsured deposits at two failed banks due to their “systemic risk”…
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Money & The Economy
Silicon Valley Bank Parent Company Files For Bankruptcy
SVB Financial Group, the parent company for California tech lender Silicon Valley Bank (SVB), filed for Chapter 11 bankruptcy protection…
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Science, Technology, and Social Media
Tensions Between US And China Will Only Grow As Both Countries Enter An AI Arms Race, Experts Say
The tech race between the U.S. and China is now centered on artificial intelligence, with major implications due to differences…
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Money & The Economy
Americans Tighten Their Belts Even More As Inflation And Uncertainty Persist
After a surprisingly strong start to the year, persistently high inflation and uncertainty regarding forthcoming interest rate hikes resulted in…
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Science, Technology, and Social Media
New Version Of Popular AI Passes Key Exams With Flying Colors, Still Produces ‘Biased’ Content
Open AI unveiled an upgraded version of ChatGPT Tuesday that is capable of passing key academic exams with ease but…
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In The News
Failed California Bank Was Major Donor, Supporter To Newsom Family Nonprofit
Silicon Valley Bank (SVB), the California firm that collapsed late last week after a bank run, donated $100,000 to a…
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