A faked AI-generated image of an explosion near the Pentagon on May 22 actually moved the stock market. While it may be the first AI image to do so, it’s not the first time fake news has led to serious financial damages. Here are five times fake reports caused real dips in the stock market…

The United States military is struggling to find enough recruits to fill its ranks. The nation’s top brass are taking several steps to rectify the problem, including taking advice from some of their own. Mandatory Funday is the online handle of a social media influencer who caters to a specific audience. Straight Arrow News is…

In an ongoing standoff over the Defense Department’s abortion policy, the confirmation of 160 military promotions remains on hold, causing concerns among top officials and raising questions about the impact on U.S. national security. Sen. Tommy Tuberville has utilized the promotions as leverage to urge the Defense Department to rescind its policy that utilizes taxpayer…

At a hearing on Tuesday, April 11, a judge in Dominion Voting Systems’ defamation lawsuit against Fox News says the network has “a credibility problem.” The comments came less than a week before the lawsuit is set to head to trial. The judge made comments after the network disclosed that Fox Corporation Chairman Rupert Murdoch…

TikTok’s CEO testifies on Capitol Hill; Wyoming’s abortion ban blocked; and the latest on former President Donald Trump’s indictment. These stories and more highlight the Straight Arrow News daily rundown for Thursday morning, March 23, 2023. TikTok CEO to testify on Capitol Hill TikTok’s CEO will testify before a House committee today, March 23, defending…

This week TD Bank agreed to pay $1.2 billion to settle a case involving a $7 billion Ponzi scheme involving Allen Stanford. The Canadian bank denied any wrongdoing but said it chose to settle to “avoid the distraction and uncertainty of continuing a long legal proceeding.” Ponzi schemes are when the orchestrator pays out old…

The Securities and Exchange Commission has fined the Church of Jesus Christ of Latter-Day Saints, known more colloquially as the Mormon church, for allegedly hiding how much money it has. The church agreed to pay a $1 million fine while its investment portfolio manager, Ensign Peak Advisors, agreed to pay $4 million. The SEC said…

China’s population has declined for the first time in decades; a former candidate has been arrested in shootings at New Mexico elected officials’ homes; and Elon Musk’s trial over a tweet he posted about Tesla begins today. These stories and more highlight the daily rundown for Tuesday morning, Jan. 17, 2023.  Trial over Musk Tesla…

Disgraced cryptocurrency exchange founder Sam Bankman-Fried pleaded not guilty to a host of criminal charges Tuesday in federal court. The former FTX CEO has been living under house arrest at his parents’ after controversially securing his $250 million bail. Bankman-Fried is charged with illegally funneling funds from FTX customer deposits to prop up his hedge…

A judge ruled FTX founder Sam Bankman-Fried could be released on $250 million bail and put under house arrest at his parents’ California home while he awaits trial in New York City on eight federal criminal charges. As Bankman-Fried fights the charges against him, some of his coworkers have already pleaded guilty to fraud charges…