Every television, radio and cellphone in the U.S. is going to broadcast a message on Wednesday along the lines of: “THIS IS A TEST of the National Wireless Emergency Alert System. No action is needed.”

A nationwide test of emergency and wireless alert systems is scheduled for Wednesday at 2:20 p.m. ET. During this test, a message will be broadcast to all cellphones, televisions, and radios in the United States. The Federal Emergency Management Agency (FEMA) announced this exercise in August, and it

Sam Bankman-Fried paid Tom Brady $55 million for a week of work

Sam Bankman-Fried, the embattled cryptocurrency magnate currently facing federal trial for fraud and money laundering charges, paid NFL legend Tom Brady a staggering $55 million for what can only be described as minimal work conducted over a three-year period. This revelation comes from bestselling author Michael Lewis, who recently penned

Florida has overtaken New York to become the second most-valuable US housing market

Florida's real estate market has achieved a significant milestone, becoming the second most valuable in the United States, according to a recent study by Zillow. This marks a remarkable shift in the national home prices landscape since the onset of the COVID-19 pandemic. Florida's real estate

Canada likely sitting on the largest housing bubble of all time, per Phillip Colmar

The Canadian housing market is currently facing a high risk of unraveling, according to expert analysis. The precarious situation is primarily attributed to the significant level of debt that Canadians have taken on in comparison to their incomes. Should mortgage rates continue to rise, which is a likely scenario, many

The US government is currently spending more to pay interest on its $33 trillion national debt than it does on national defense

In recent years, the cost of servicing the United States' debt has been on a relentless rise. This surge is compounded by the looming threat of a government shutdown or, worse still, a default. It's a grim situation exacerbated by political dysfunction that appears to have rendered

Managers say Gen Zers aren't getting work done and lack basic social skills

Many of us have stretched the truth about our proficiency in tools like Excel or PowerPoint to secure a job, relying on on-the-job learning to master these skills. However, Gen Z is challenging this norm, emphasizing the need for better preparation in the skills that employers value most. While the

Home ownership is now unaffordable in 80% of US counties

A recent report from ATTOM reveals that homeownership expenses have become increasingly unaffordable in a staggering 79% of US counties. This financial strain comes as home prices and mortgage rates continue their upward climb, leaving a significant dent in the average American wage earner's pocket. The study highlights

America's newest high speed rail line has opened in Florida this month

America's newest high speed rail line has opened in Florida this month. America's newest high speed rail line has opened in Florida this month. It travels at a speed of 120 mph (201 km/h), slightly slower than the 130mph (210km/h) operating speed of the

Goldman Sachs fined $6 million from SEC

On Friday, the U.S. Securities and Exchange Commission (SEC) announced a $6 million penalty against Goldman Sachs for providing incomplete and inaccurate trading information to the regulatory body. Over a span of roughly 10 years, the banking giant made more than 22,000 deficient "blue sheet" submissions,

The number of bankruptcies in the US recorded year-over-year have increased for 13 straight months

The number of bankruptcies in the US recorded year-over-year have increased for 13 straight months, per MW. Americans filed more than 39,000 bankruptcy cases in August, an 18% increase from the same point last year. The month of August witnessed a consistent rise in consumer bankruptcies, highlighting the increasing

The number of under-50s worldwide being diagnosed with cancer has risen by nearly 80% in three decades

The number of under-50s worldwide being diagnosed with cancer has risen by nearly 80% in three decades, per the BMJ. “Since 1990, the incidence and deaths of early onset cancers have substantially increased globally,” the report says. “Encouraging a healthy lifestyle, including a healthy diet, the restriction of tobacco and

Who gets paid in a government shutdown

During a shutdown, per WaPo: - Members of Congress: Get paid - Congressional staffers: No pay, but get backpay - Congress janitorial/cafeteria contractors: No pay, no backpay Biden has said: If the government shuts down, members of the U.S. military are going to have to continue to work

"The odds of an US government shutdown have risen to 90%," per Goldman Sachs

"The odds of an US government shutdown have risen to 90%," per Goldman Sachs. Biden has said: If the government shuts down, members of the U.S. military are going to have to continue to work but not get paid. “There’s a small group of extreme House

Mark Zuckerberg and Priscilla Chan have announced they're building a computing system to eradicate human disease by 2100

Mark Zuckerberg and Priscilla Chan have announced they're building a computing system to eradicate human disease by 2100. In a statement, the Chan Zuckerberg Initiative (CZI) - Zuckerberg and Chan's foundation -  announced that they aim to develop a computing system that researchers can use with

Biden has said: If the government shuts down, members of the U.S. military are going to have to continue to work but not get paid

Biden has said: If the government shuts down, members of the U.S. military are going to have to continue to work but not get paid. “There’s a small group of extreme House Republicans who don’t want to live up to that deal,” Biden said in the video,

Credit card companies are racking up losses at the fastest pace in almost 30 years, outside of the Great Financial Crisis

Credit card companies are racking up losses at the fastest pace in almost 30 years, outside of the Great Financial Crisis, per Goldman Sachs. Americans are defaulting on their credit cards and auto loans at levels not seen since the financial crisis. Increasing numbers of Americans are encountering difficulties in

Costco, $COST, is selling one-ounce gold bars and they are selling out within a few hours

Costco, $COST, is selling one-ounce gold bars and they are selling out within a few hours, per CNBC. Reportedly, they were recently fetching just under $1,900, as per discussions on Reddit. As of Wednesday afternoon, spot gold was trading at $1,876.56 per ounce. Irrespective of the price,

San Francisco Mayor London Breed is proposing new legislation requiring low-income residents to undergo substance abuse screening and treatment in order to receive welfare

San Francisco Mayor London Breed is proposing new legislation requiring low-income residents to undergo substance abuse screening and treatment in order to receive welfare, per NYP. Breed expressed that this move aims to instill accountability in addressing the city's challenges related to drugs and homelessness. “We need to

Gary Gensler says 90% of the SEC staff would be furloughed in a government shutdown

Gary Gensler says 90% of the SEC staff would be furloughed in a government shutdown. Republican U.S. House Speaker Kevin McCarthy dismissed a temporary funding bill making headway in the Senate on Wednesday, bringing Washington perilously close to its fourth partial shutdown of the U.S. government in a

US retailers are closing stores, cutting operating hours and changing product selections in response to an increase in crime

US retailers are closing stores, cutting operating hours and changing product selections in response to an increase in crime, per the National Retail Federation. Yesterday, Target, $TGT, said it will close nine stores across the country after struggling with crime and safety threats at those locations. "We cannot continue

Kevin O’Leary says a coming real estate collapse will lead to ‘chaos’ and banks "are going to fail because up to 40% of their portfolio is in commercial real estate"

Kevin O’Leary says a coming real estate collapse will lead to ‘chaos’ and banks "are going to fail because up to 40% of their portfolio is in commercial real estate," per BI. “Many of these office spaces are in sub-grade markets, but even in cities like Boston,

Gen Z falls for online scams more than their boomer grandparents do

Gen Z falls for online scams more than their boomer grandparents do, per Vox. According to a recent survey conducted by Deloitte, 5% of baby boomers reported falling prey to online scams. In stark contrast, a notable 16% of Gen Z users, more than three times the rate of the

Women say they would need to earn roughly $237,000 annually to be comfortable and about $502,000 a year to feel rich

Women say they would need to earn roughly $237,000 annually to be comfortable and about $502,000 a year to feel rich, per Bankrate. This is nearly $37,000, or 8%, more than men, per BankRate. 67% of those making $50,000 to $100,000 are living paycheck to

OpenAI says ChatGPT can now browse the internet

OpenAI says ChatGPT can now browse the internet. It said: ChatGPT can now browse the internet to provide you with current and authoritative information, complete with direct links to sources. It is no longer limited to data before September 2021. It added: Since the original launch of browsing in May,

American taxpayers are paying the salaries of Ukraine's first responders, all 57,000 of them

American taxpayers are paying the salaries of Ukraine's first responders, all 57,000 of them, per CBS. As the conflict in Ukraine approaches its third year, the United States has offered extensive aid, exceeding $70 billion in total. This financial support isn't limited solely to military