Now, central bank chief targeted for ‘ostentatious’ Fed renovation costs

[ad_1] File photo: Federal Reserve Chair Jerome Powell (Picture credit: AP) WASHINGTON: US President Trump has the authority to fire Federal Reserve chair Jerome Powell for cause if evidence supports that, White House economic adviser Kevin Hassett said Sunday, adding the Fed “has a lot to answer for” on renovation cost overruns at its Washington […]

AI blunder costs $3000: MyPillow CEO Mike Lindell’s lawyers hit with fine for AI-generated court filing – How did they get caught?

[ad_1] Mike Lindell’s legal team was fined after an AI-generated filing included fake court citations in a defamation lawsuit (AP image) A federal judge has ordered the attorneys for MyPillow founder Mike Lindell to pay fines of $3,000 each after they used artificial intelligence to help prepare legal court documents that contained multiple errors, including […]

How Donald Trump plans to beat Big Pharma and cut drug costs by 80%: ‘Going to pay the lowest price’

[ad_1] President Donald Trump has signed a sweeping executive order aimed at slashing prescription drug prices in the United States by up to 80%. The order introduces a “most-favoured-nation” (MFN) pricing model, ensuring that Americans pay no more for medications than the lowest price available in comparable developed countries. Trump said the move was necessary […]

The Government to Stop Tracking the Costs of Extreme Weather

[ad_1] The National Oceanic and Atmospheric Administration said on Thursday it would stop tracking the cost of the country’s most expensive disasters, those which cause at least $1 billion in damage. The move would leave insurance companies, researchers and government policymakers without information to help understand the patterns of major disasters like hurricanes, drought or […]

Funding cuts threaten to deepen hunger crisis as rising costs send more families to food banks | World News

[ad_1] NEW YORK: The Campaign Against Hunger was already struggling to feed thousands of families a week when the Trump administration pulled more than $1.3 million in grants. Demand has only increased at the New York nonprofit since the city emerged from the COVID-19 pandemic and the related economic insecurity. In a first for the […]