Westinghouse Announces Mini-Nuclear Reactor
Rita Baranwal, the top technology officer at Westinghouse Electricity Co., announced that the company has developed a mini-nuclear reactor, named AP300 for its planned 300-megawatt capacity. U.S. company Westinghouse unveiled plans on Thursday for a small modular reactor to generate virtually emissions-free electricity that could replace coal plants or power water desalinization and other industries. […]
Visualizing The Assets & Liabilities Of US Banks
Using data from the Federal Reserve, the assets and liabilities of US banks have been visualized below. The U.S. banking sector has more than 4,000 FDIC-insured banks that play a crucial role in the country’s economy by securely storing deposits and providing credit in the form of loans. This infographic from Visual Capitalist’s Niccolo Conte and […]
Which Jobs Will Be Most Impacted By ChatGPT?
According to the March 2023 findings of OpenAI on the potential labor market impact of large language models, the visualization below shows which jobs will be most impacted by ChatGPT. On November 30, 2022, OpenAI heralded a new era of artificial intelligence (AI) by introducing ChatGPT to the world. The AI chatbot stunned users with its human-like […]
Is It A Good Thing For Ordinary Americans If The US Loses Reserve Currency Status?
Holders of dollars will see their purchasing power plummet, which is not a good thing for ordinary Americans if the US loses reserve currency status, and the fault will lie with the decades of monetary and fiscal mismanagement made possible by the dollar’s status as a global reserve currency. Earlier this month, Larry Kudlow insisted that it […]
Budweiser CEO Finally Addresses Scandal
Budweiser CEO Michel Doukeris finally addresses the scandal, telling investors there is “misinformation” spreading on social media about the company’s team-up with Mulvaney. Anheuser-Busch CEO Michel Doukeris addressed the Bud Light controversy on an earnings call with investors Thursday, downplaying the brand’s partnership with transgender influencer Dylan Mulvaney that prompted a boycott from conservatives. Doukeris told investors there is […]
Western Alliance Bank Another One To Go
After shares in Western Alliance had fallen 45% in volatile trading before being halted, Western Alliance Bank has become another one to go, as three U.S. regional banks have failed in the last two months. Western Alliance WAL.N is exploring strategic options including a potential sale of all or part of its business, the Financial Times reported […]
STEVE CLEMONS – Biden’s Man In China
A Politico article reported that Joe Biden pointed out Steve Clemons to then-Chinese Vice President Li Yuancho as “a very important man,” which suggests that Clemons is Biden’s man in China. Who is Steve Clemons? No, really — who is he? Or better yet, who is he working for? In my last post I provided […]
Kamala Harris Named ‘AI Czar’ To Save US From Artificial Intelligence
In spite of having the lowest approval rating of any modern vice president, Kamala Harris has been appointed as the “AI Czar” to protect the US from the threats posed by artificial intelligence. The White House announced a plan to crack down on artificial intelligence (AI) on Thursday — amid growing concerns over the advanced […]
Chicago Police Precincts Turned Into Unofficial Migrant Shelters
According to police sources in the city, due to Chicago’s sanctuary city policy, police precincts have turned into unofficial migrant shelters. Undocumented migrants in Chicago have begun spilling into the hallways of police precincts and are sleeping there, a new report says. Police sources in the city told Fox News it was due to Chicago’s “ridiculous sanctuary […]
Billionaire Stephen Deckoff Buys Jeffrey Epstein’s Private Islands
Forbes first reported that billionaire Stephen Deckoff, the founder of the private equity firm Black Diamond Capital Management, bought Jeffrey Epstein’s private islands. An investment firm led by the billionaire Stephen Deckoff has bought two private islands in the U.S Virgin Islands previously owned by the late notorious sex criminal Jeffrey Epstein, Deckoff confirmed to CNBC on Wednesday. […]