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A hidden camera allegedly captured South Korean first lady Kim Keon-hee accepting a lavish bag as a gift from Korean American Pastor Choi Jae-young. The incident, dubbed the “Dior Bag Scandal,” has become a flashpoint in South Korea’s political culture as President Yoon Suk Yeol’s conservative People’s Power Party (PPP) seeks to recapture the majority…
Evergrande, China’s largest property developer, is on the verge of extinction after a Hong Kong court ordered its liquidation, citing the company’s inability to restructure its $300 billion debt. Once China’s largest seller of real estate, the company flourished by preselling apartments to middle-income Chinese. However, within the last few years, it found itself on…
U.S.-Iran tensions have been heating up quickly amid continued Houthi-U.S. skirmishes in Yemen and the Red Sea. The Houthis, who are viewed by some as an Iranian proxy militia, have a very close friendship with Tehran. In the United States, the escalating conflict is now prompting debates about whether the U.S. should take more direct…
There is a lively debate about how the U.S. economy is doing, and whether it’s been getting better or worse as the nation emerges from the pandemic. Democrats point to an increase in wages, record-low unemployment, and an increasing number of Americans who report they are now “happy” with their job. Meanwhile, Republicans point to…
The Biden administration recently unveiled its latest initiative to cancel student loan debt by forgiving $5 billion in loans for approximately 74,000 borrowers who took $12,000 or less and have been repaying for a decade. This fast-tracking relief plan is delivered through the public service loan forgiveness (PSLF) program and income-driven repayment (IDR) plans, and…
Former President Donald Trump said he aced a cognitive test that his doctor gave him a couple months ago, hoping to quell questions about his mental fitness that arose after a gaffe during a campaign speech. Trump said he feels his mind is stronger now than it was 25 years ago. “I’ll let you know…
Ukraine is getting pretty good at hitting targets deep within Russia’s sovereign territory. The tactics could mark a new stage in the almost two-year-old war and certainly call into question the quality of Russian air defense systems. In mid-January, it’s believed Ukraine used long-range drones to hit oil refineries and weapons manufacturing plants in several…
A coalition of 17 former military officials — including multiple one, two and three-star officers — have sounded the alarm about the implications of electric vehicle (EV) adoption on U.S. national security. In a letter addressed to President Joe Biden and EPA Director Michael Regan, the veterans expressed concerns that current administration policies incentivizing EV…
U.S. Department store chain Macy’s is slashing more than 2,300 jobs and closing five stores, as the company said it’s trying to streamline its operations, according to a company spokesperson. The layoffs make up 3.5% of the overall workforce of the company. The company operated 722 locations back in January 2023, of which more than…
More than a thousand police departments and first responders across the United States use drones for public safety, but a new memo from federal officials warns that those drones may do more harm than good, posing a threat to national security depending on who manufactures them. A Wednesday, Jan. 17 memo from the FBI and…
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