Economy
The Federal Reserve Increases Interest Rates amid Banking Crises
The Federal Reserve continued to increase interest rates by quarter of percent (25 basis points) on Wednesday, a decision subject to speculation by financial experts, as the central bank weighed reducing soaring inflation and the stability of the banking system. For...
Sen. Scott’s Opening Remarks At Senate Finance Hearing With Treasury Secretary Janet Yellen
Karine Jean Pierre Claims Biden’s Policies Work As CEO Says Inflation Will Never Go Back To Normal!
Report: No Math Behind San Francisco’s $5M-per-Person Reparations Proposal
No mathematical calculations justify a San Francisco committee’s recent proposal to provide $5 million in reparations to long-term black residents of the city, according to a report by the Washington Post. For the full article, click here.
Joe Biden Releases Executive Order Promoting Woke AI
Critics have claimed that the new executive order signed by President Joe Biden will lead to the further creation of woke AI that will promote “racial division and discrimination” in the name of an “equity action plan.” For the full article, click here.
AI Unhinged: Microsoft’s Bing Chatbot Calls Users ‘Delusional,’ Insists Its Still 2022
Users have reported that Microsoft’s new Bing AI chatbot is providing inaccurate and sometimes aggressive responses, in one case insisting that the current year is 2022 and calling the user that tried to correct the bot “confused or delusional.” For the full article,...
Tech Layoffs Mount as Microsoft, Amazon Shed Staff – Voices of America
Software giant Microsoft on Wednesday became the latest major company in the tech sector to announce significant job cuts when it reported it would lay off 10,000 employees, or about 5% of its workforce. For the full article, click here.
Why the Cost of Eggs Rivals the Cost of Gold | Minnesota Outlawing Christian Teachers | Ep 357
Janet Yellen: U.S. Will Hit Debt Limit Next Week, ‘Extraordinary Measures’ Can Prevent Default
WASHINGTON (AP) — Treasury Secretary Janet Yellen notified Congress on Friday that the U.S. is projected to reach its debt limit on Thursday and will then resort to “extraordinary measures” to avoid default. For the full article, click here.