Bank of America’s $112 unrealized bond losses highlight precarious state of U.S. banking system Bank of America reported $112 billion in unrealized bond losses, representing 57% of its tangible common equity. The losses stem from pandemic-era investments in low-yield bonds, now devalued by rising interest rates. The U.S. banking sector faces over half a trillion…

Pentagon ends contract with Booz Allen Hamilton after employee’s secret tape reveals controversial claims against Trump The Pentagon terminated its contract with Booz Allen Hamilton following a hidden camera investigation that revealed a senior Booz Allen employee making controversial claims about secret meetings and political commentary involving high-ranking military officials. Jamie Mannina, a former FBI…

Delayed evacuation order in Pacific Palisades wildfire left homes burning and roads gridlocked, AP finds The first evacuation order was issued approximately 40 minutes after homes began burning, highlighting critical gaps in emergency response. Severe winds grounded aerial firefighting efforts, while hydrants ran dry due to high demand. A nearby reservoir was also empty for…

Days before leaving the White House, former President Joe Biden has called for a constitutional amendment to get rid of presidential immunity. Biden's proposal follows a controversial Supreme Court decision which granted presidents broad immunity for "official acts" conducted while in office. Biden claims the Supreme Court ruling has "fundamentally changed" the American principle that…

Trump’s pardon promise for Jan. 6 defendants sparks debate over justice, loyalty and democracy President-elect Donald Trump's pledge to pardon individuals involved in the January 6, 2021, Capitol riot has sparked a heated debate over presidential power and the rule of law. Supporters argue that the defendants were unfairly targeted, while critics warn that pardons…

Are you getting enough berries in your diet? There are a lot of good reasons to… There’s the bone density berry that beats back bone loss… There’s the one that works for a better brain and blood pressure… And the berry that improves heart and blood vessel function — in 30 days! Then there’s the…

Trump proves critics wrong, appoints prominent LGBT figures to key administrative roles President Trump’s administration is quietly reshaping the narrative on LGBTQ+ representation in government, even as critics continue to paint him as anti-gay. President Trump is appointing several openly gay and lesbian individuals to high-profile roles in his administration, including Scott Bessent, who could…