Former President Donald Trump recently made claims on Truth Social that he was responsible for lowering the price of insulin for millions of Americans during his administration. However, he also acknowledged that under President Joe Biden, the price of insulin has continued to remain low. Despite this, Trump insists that Biden should not receive any
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The Covid-19 pandemic has revealed both vulnerabilities and resilience in the American economy. One area that has been significantly impacted is child care, as day cares closed, schools switched to remote learning, and parents struggled to balance work and childcare responsibilities. Despite the return of employment in the child care sector to pre-pandemic levels, there
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Boeing’s Starliner is a human-grade space capsule created to transport astronauts to and from the International Space Station. The development of the capsule began in 2014 when Boeing secured a $4.2 billion contract with NASA as part of the agency’s Commercial Crew Program. This initiative also saw SpaceX being selected by NASA to develop its
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Norway’s $1.7 trillion sovereign wealth fund has announced its decision to vote against ratifying Tesla CEO Elon Musk’s $56 billion pay package. This move comes after a Delaware judge invalidated the package earlier this year, deeming it unfair to shareholders. Despite acknowledging the significant value generated under Mr. Musk’s leadership since the grant date in
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In a shocking revelation, the court-appointed trustee in the Synapse bankruptcy case uncovered an $85 million shortfall in customer deposits. This discrepancy arose from the mismatch between what partner banks of fintech middleman Synapse were holding and what depositors were owed. The fallout from this financial debacle has plunged the U.S. fintech sector into its
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