“On the Holmes Front,” with Frank Holmes While the whole world is watching bombs drop on Ukraine, the U.S. economy may be blowing up—and more and more economists are making dire predictions about what’s coming in the three remaining years of the Biden administration. Too many economists say we could… Read More
Top Dem and GOP officials investigate TikTok over this
State attorneys general have launched a nationwide investigation into TikTok and its possible harmful effects on young users’ mental health, widening government scrutiny of the wildly popular video platform. The investigation was announced Wednesday by a number of states led by California, Florida, Kentucky, Massachusetts, Nebraska, New Jersey, Tennessee and… Read More
Families have mixed reactions to Purdue Pharma settlement
For those who lost loved ones in the opioid crisis, making sure the family behind OxyContin maker Purdue Pharma paid a price was never just about money. What many wanted was a chance to confront the Sackler family face to face, to make them feel their pain. While some may… Read More
Bill Gates’ ex-wife tells all
The messy divorce between Microsoft founder Bill Gates and his wife Melinda French Gates has been aired out to the public. Bill’s ex-wife came clean to CBS News’ Gayle King on Thursday — and she fumed about her former husband’s relationship with disgraced financier Jeffrey Epstein and more. Sponsored: This… Read More
Fewer and fewer people apply for unemployment
Fewer Americans applied for unemployment benefits last week reflecting a low number of layoffs across the economy. Jobless claims fell by 18,000 to 215,000 for the week ending February 26, from 233,000 the previous week, the Labor Department reported Thursday. Sponsored: 9 drugs now linked to form of “dementia”? The… Read More
Purdue Pharma agrees to new opioid settlement with U.S. states
OxyContin maker Purdue Pharma reached a settlement Thursday over its role in the opioid crisis that includes virtually all U.S. states and thousands of local governments, with the Sackler family members who own the company boosting their cash contribution to as much as $6 billion. The deal follows an earlier… Read More
States reckon with vaccine stockpile as demand falls
As demand for COVID-19 vaccines collapses in many areas of the U.S., states are scrambling to use stockpiles of doses before they expire and have to be added to the millions that have already gone to waste. From some of the least vaccinated states like Indiana and North Dakota, to… Read More
Amelia Earhart’s helmet sells for $825,000
A leather helmet that Amelia Earhart wore on a flight across the Atlantic in 1928 and later lost in a crowd of fans in Cleveland has sold at auction for $825,000. The helmet went to an anonymous bidder in an online-only sale that closed Sunday, a spokesperson for Heritage Auctions… Read More
Hunter Biden’s business partner sentenced to jail
Devon Archer, a former business partner of President Joe Biden’s son Hunter, was sentenced to federal prison for a year and one day by Manhattan Judge Ronnie Abrams on Monday. Archer was sent to jail over his plan to defraud the Oglala Sioux tribe of almost $60 million. He was… Read More
Powell says the Fed will raise interest rates this month
Federal Reserve Chair Jerome Powell made clear Wednesday that the Fed will begin raising interest rates this month in a high-stakes effort to restrain surging inflation. In prepared testimony he will deliver to a congressional committee, Powell cautioned that the economic consequences of Russia’s invasion of Ukraine are “highly uncertain.”… Read More
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