After years of opposition to expanding Medicaid benefits for new mothers, conservative, anti-abortion Republican officials in over half a dozen states are now advocating for such coverage. Since the Supreme Court overturned the constitutional right to abortion last June, GOP support for…
Bank runs, reminiscent of the scene from “It’s a Wonderful Life,” used to involve frantic customers crowding together, demanding their money from an overwhelmed George Bailey. However, the recent collapse of Silicon Valley Bank bears little resemblance to that image, as it…
Mexican President Andrés Manuel López Obrador challenged President Biden on his “forgetfulness” to help Latin American countries during the North American Leaders’ Summit Monday. In a press conference Monday, the Mexican leader urged Biden to prioritize fixing the migration crisis affecting the…
Tyson Foods Inc (TSN.N) announced on Tuesday that it would close two US chicken plants, impacting nearly 1,700 workers, on May 12. This decision highlights the ongoing struggles the largest US meat company faces in sales as it tries to enhance its…
With the government on the brink of default due to political deadlock, President Joe Biden unveiled a budget proposal on Thursday to reduce deficits by $2.9 trillion over the next ten years. However, Republicans are already planning to reject it. This move…
In a move that is sure to raise eyebrows, Attorney General Merrick Garland has appointed a special counsel to investigate the presence of classified documents at President Joe Biden’s Delaware home and former Washington office. The appointment was announced on Thursday and…
As Silicon Valley Bank’s rapid expansion and high-risk investments in the bond market led to its collapse, federal and state regulators failed to intervene. Most of the bank’s deposits were uninsured by the federal government, leaving customers vulnerable in the face of…
Fans of the late singer-songwriter Lisa Marie Presley were devastated to hear the news of her passing on Thursday, just hours after being hospitalized for a medical emergency. However, it was announced that her final resting place would be alongside her son,…
Treasury Secretary Janet Yellen provided a confident outlook for the U.S. banking system on Thursday, addressing worried bank depositors and investors as new rescue measures were launched following the second-largest bank collapse in American history. Yellen assured senators during a Capitol hearing…
On Thursday, the Senate initiated efforts to repeal two open-ended authorizations for military action in Iraq as the United States observes the 20th anniversary of the Iraq War. Senators voted 68-27 to advance legislation that would rescind the 2002 authorization for the…