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An investigation is currently underway by a federal court-appointed watchdog, Neil Barofsky, to monitor the United Auto Workers (UAW) and eliminate corruption within the organization. The focus of the investigation is on whether UAW President Shawn Fain abused his power and engaged in corrupt practices. Barofsky accuses Fain and other union leaders of obstructing the
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As an American living and working abroad, it is essential to be aware of the upcoming tax deadline. The regular tax deadline was on April 15 for most taxpayers, but there is an automatic two-month extension for those who live outside the country, including U.S. citizens, resident aliens, and dual citizens. This extension means that
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The recent recommendation by a panel of independent advisors to the Food and Drug Administration (FDA) in favor of Eli Lilly’s Alzheimer’s drug donanemab marks a significant step in addressing the unmet medical need for effective treatments for Alzheimer’s disease in the United States. The FDA typically follows the recommendations of its advisory panels, although
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The decline in GameStop shares by approximately 12% on Monday can be seen as a significant setback for the company. After experiencing a substantial drop of nearly 40% on Friday alone, the stock price fell to around $25 per share. This decline can be attributed to a combination of factors, including a disappointing earnings report
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As we navigate through the current state of the stock market, it is crucial to understand the key elements that have historically led to market crashes. Firstly, a bubble-like stock market is often a breeding ground for crashes. The Panic of 1907 and the crash of 1929 both followed significant rallies in the Dow Jones
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The transformation of Splash Mountain into Tiana’s Bayou Adventures marks a significant milestone in Disney’s efforts to modernize its theme park experiences. With a reimagined storyline featuring characters from “The Princess and the Frog,” this revamped attraction promises to immerse guests in the vibrant world of New Orleans. The addition of new music, animatronics, and
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In a move to cater to a growing segment of travelers seeking a more comfortable flying experience, Delta Air Lines announced on Monday its plan to introduce premium economy service on transcontinental flights, starting in September. This decision marks the airline’s latest strategy to attract customers willing to pay a premium for additional space and
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The current state of the real estate market shows that home equity is reaching near all-time highs, with total equity for U.S. mortgage holders surpassing $17 trillion in the first quarter of 2024. Despite this growth, accessing this wealth may prove to be challenging due to the prevailing high interest rates, financial advisors warn. Homeowners
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