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What kind of leader America needs
The American public remains divided and unhappy about the state of the country leading up to the next presidential election, and former President Donald Trump now holds a narrow lead in the matchup against President Biden. While Biden portrays Trump as a threat to American democracy, voters in key states ironically trust the former president…
How will banks hold up against stress test that mimics 2008 financial crisis?
Doctors use stress tests to find out how well one’s heart works when pumping harder than normal. The Federal Reserve does the same for banks and this year’s health results will be released Wednesday, June 26, after markets close. After the 2008 financial crisis, the Fed determined it was a good idea to test how…
What do EVs have to do with the price of pork in China? Actually, a lot.
Earlier in June, the European Union (EU) announced a tariff hike on Chinese electric vehicles (EVs), prompting Beijing to warn of potential retaliatory measures. Now, in what has been seen as part of that response, Chinese officials launched an investigation into the prices of pork imported from Europe. The investigation is a move that could…
Majority of Americans in favor of medical debt forgiveness: Poll
Even for those who have insurance, medical can bills can rack up fast in the event of an emergency and that can quickly land people in medical debt. That’s why medical debt forgiveness has become a priority for some lawmakers, and a new poll shows a majority of Americans are all for it. The poll…
Rep. Anna Paulina Luna wants to ban high-fructose corn syrup
High-fructose corn syrup (HFCS) is in hundreds of food products people eat every day. It’s in soda, ketchup, Pop-Tarts, Hershey’s syrup and more. Now, Rep. Anna Paulina Luna, R-Fla., wants it gone. Luna introduced two bills she said will increase food health and safety. One would ban high-fructose corn syrup in foods produced in the…
Big Oil sees record profits under Biden, Trump promises to take them higher
Since President Joe Biden assumed office three and a half years ago, oil and gas companies experienced unprecedented profits and production levels. Between 2021 and 2023, the industry amassed over $250 billion, a 160% increase compared to the first three years of former President Donald Trump’s administration. This surge in profits is not necessarily attributable…
China’s internal EV war heats up as officials at BYD, Huawei trade criticisms
A battle over electric vehicles (EVs) is unfolding in China, with officials at rival brands BYD and Huawei exchanging some verbal barbs. Huawei recently acknowledged the ultra-low prices of BYD’s EVs, insinuating that these low costs come at the expense of other features. “We are not good at competing with ultra-low prices,” Yu Chengdong, the…
Microsoft AI ‘Recall’ feature could have been gift to hackers, changes coming
Microsoft is hitting the reset button on its “Recall” feature in the wake of security concerns. The company announced changes to the Windows 11 feature on Friday, June 7. Microsoft will release the feature in a slew of new computers on June 18. Recall takes screenshots of everything users do on their computer and uses…
Virginia governor announces state will exit California emissions standards
In a recent policy shift, Virginia is planning to abandon the California emissions standards on vehicles that it first adopted in 2021. Gov. Glenn Youngkin, R, announced the decision, stating that government mandates on the types of cars people can purchase are “fundamentally wrong.” “Virginians deserve the freedom to choose which vehicles best fit the…
Delaware judge allows over 70,000 Zantac lawsuits to move forward
More than 70,000 lawsuits over a now-discontinued heartburn drug are moving forward. A Delaware judge ruled Friday, May 31, lawsuits alleging Zantac caused cancer could move forward and expert witnesses could testify. Citi analysts estimate a settlement would cost around $3 billion. Some manufacturers and pharmacies stopped selling Zantac in 2019 after a chemical called…
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