On Monday’s broadcast of CNBC’s “Squawk Box,” Treasury Secretary Janet Yellen acknowledged that “Americans still see increases in some important prices, including food, from where we were prior to the pandemic.”\ For the full article, click here.
Democrats would reportedly advise President Joe Biden to “heave” so-called “Bidenomics” into the “dumpster” after polling shows just 14 percent of voters say Biden has made them better off. For the full article, click here.
Amazon is reportedly testing humanoid robots and a new sorting technology, aiming to enhance automation and efficiency in its warehouses. For the full article, click here.
The last time Americans saw a drop in household income as large as we did last year, Barack Obama was president. For the full article, click here.
A super-majority of voters have negative views of the U.S. economy and disapprove of President Biden’s handling of the issue, according to a Wall Street Journal poll that the paper describes as “a stark warning to the 80-year-old incumbent ahead of the 2024 contest.”...
Americans have soured on Bidenomics, concluding that the U.S. economy is worse now than it was five years ago under former President Donald Trump’s leadership, a recent Reuters/Ipsos survey found. For the full article, click here.
Prosecutors Offer to Drop Some Charges Against Disgraced FTX Boss and Democrat Super Donor Sam Bankman-Fried
Sam Bankman-Fried, the disgraced founder of crypto exchange FTX and a Democrat super donor, is set to stand trial in October on multiple criminal charges, including allegations of financial fraud involving billions of dollars. For the full article, click here.
Sweet Little AI Lies: New York Lawyer Faces Sanctions After Using ChatGPT to Write Brief Filled with Fake Citations
A New York-based attorney is facing potential sanctions after using OpenAI’s ChatGPT to write a legal brief he submitted to the court. For the full article, click here.
Treasury Secretary Janet Yellen doubled down Monday on her default projection, telling House Speaker Kevin McCarthy (R-CA) the government could reach its debt limit as early as June 1. For the full article, click here.