The US government’s intervention in the collapse of two central banks has already involved hundreds of billions of dollars. This raises the question of whether ordinary Americans will eventually bear the financial burden and the final cost. It may take months to…
As 2023 begins, small businesses across the country are preparing to tackle a long list of old and new challenges. The coming year will be a make-or-break one for many small businesses, from a potential recession and high inflation to labor shortages…
Jacinda Ardern, the Prime Minister of New Zealand, announced on Thursday that she would leave office on February 7 after five and a half years. Her tenure as Prime Minister was marked by a horrific mass shooting and the outbreak of Coronavirus,…
The United States is finalizing a massive package of military aid for Ukraine that will likely total as much as $2.6 billion. The package, which is expected to be announced this week when defense leaders from the U.S., Europe, and other nations…
As the US government bumped against its debt limit on Thursday, the Treasury Department had to take “extraordinary” accounting steps to avoid default, raising concerns about whether the country can sidestep an economic crisis. Treasury Secretary Janet Yellen urged the Congress to…
Defense leaders from various countries gathered at Ramstein Air Base in Germany on Friday to discuss the ongoing issue of providing military aid to Ukraine. The country is currently facing military aggression from Russia, and the defense leaders aimed to decide how…
It was a scene reminiscent of the financial crisis that unfolded nearly 15 years ago: Regulators and policymakers in Washington, alarmed by an emerging banking sector emergency, turned to Wall Street for assistance. This week, the crisis centred on San Francisco’s First…
President Joe Biden faces a new challenge in convincing Americans to purchase electric cars, heat pumps, solar panels, and energy-efficient appliances in order to meet his goal of reducing greenhouse gas emissions by 50% by 2030. This crucial public relations task will…
Microsoft has announced that it is making a “multiyear, multibillion dollar investment” in OpenAI, a San Francisco-based artificial intelligence startup. This is the third stage of a partnership between the two companies that began with a $1 billion investment by Microsoft in…
A special grand jury examining potential illegal interference in the 2020 election in Georgia by former President Donald Trump and his associates listened to a previously unreported call recording. The recording features Trump pressuring a leading state legislator to convene a special…