Nvidia’s Jensen Huang is beginning to learn the meaning of the expression, “The higher they rise, the harder the fall.” After briefly eclipsing Microsoft and Apple in value last week—and indeed entire European stock markets—the company behind the AI chip boom has experienced the single fastest drawdown in history. Over the past three days, roughly $430 billion […]
The CFPB sued student-loan company PHEAA, accusing it of illegally collecting borrowers’ payments. The lawsuit claimed PHEAA was collecting on private loans already discharged through bankruptcy. It also accused PHEAA of sending false information about borrowers to credit agencies. A federal consumer watchdog just hit a major student-loan company with a new lawsuit. On Friday, […]
“It’s hard for me to trust any advice coming from the insurance company because their No. 1 priority is their own best interest.” (Photo subjects are models.) – Getty Images/iStockphoto Dear Quentin, My dad bought a life-insurance policy for me when I was a child in case I “kicked the bucket” and he had to […]
NASHVILLE, Tenn. (WKRN) — Millions in funding could potentially be wiped out of a fund that benefits thousands of crime victims in Tennessee. Now, district attorneys are stepping in to appeal to lawmakers. The federal government could cut funding to a program that’s benefited victims of crime for decades. The Crime Victims fund, created by […]
Negative headlines regarding commercial real estate are abundant, in large part because of high office vacancy rates lowering property values and high interest rates making the refinancing debt increasingly prohibitive. Famed short seller Carson Block, the founder of Muddy Waters Research, found what he believes to be an optimal way to place a bet against […]
Ukraine’s Third Assault Brigade, whose soldiers were recently deployed to Avdiivka, is facing around 15,000 Russian troops at its sector of the front, the unit said on social media on Feb. 16. During the engagements, the brigade has effectively “wiped out” Russia’s 74th and 114th separate motorized rifle brigades. Russia’s estimated losses are 4,200 troops […]
LOISABA CONSERVANCY, Kenya (AP) — Conservationists in Kenya are celebrating as rhinos were returned to a grassy plateau that hasn’t seen them in decades. The successful move of 21 eastern black rhinos to a new home will give them space to breed and could help increase the population of the critically endangered animals. It was […]
In under two years, Ukrainian forces have devastated Russia’s Black Sea Fleet of about 80 vessels. A Ukrainian navy spokesman said at least 25 Russian warships are destroyed and 15 are under repair. In lieu of warships, Ukraine uses unmanned drones and anti-ship missiles to thwart Russia’s navy. The Ukrainian navy has decimated the Russian […]
FILE – Armed homeowners Mark and Patricia McCloskey stand in front their house confronting protesters marching to St. Louis Mayor Lyda Krewson’s house in the Central West End of St. Louis, June 28, 2020. On Tuesday, Jan. 23, 2024, Mark McCloskey, who gained notoriety for pointing a gun at social justice demonstrators as they marched […]
SAN DIEGO — Harrowing stories continue out of the Southcrest area, where some residents are recovering in the hospital after flooding wiped out entire neighborhoods. A community in ruins brought neighbors arm-in-arm as their reality begins to settle in: the buckled floors, piles of mud and destroyed furniture. For Jerry Hernandez, it’s all reminders of […]