“President Biden is getting pummeled with attacks on television and the internet from the far-right.” We are “tracking donations at this link” said the Biden-Harris email sent on 2.6.2024, shown below in Part I of this fact-check and analysis of the mechanics, methods, and psychology behind 2024 campaign insights. That message also said: “They’re spreading lies and misinformation about the President [i.e.: Biden] and about this election.” “$3. One time.” “Together. That’s how we’re going to beat MAGA extremists in this election no matter what they throw at the President.” The Biden-Harris ticket is currently the odds-on favorite for the 2024 Democratic Party nomination for the presidency and vice presidency. “Have you ever finished a bag of Doritos and thought, “Whoa — there should have been a lot more chips in here?” That is a line from a Senator Elizabeth Warren (MA-D) reelection campaign email sent on 2.7.2024, which also said: “Shrinkflation is just another way for giant corporations to pad their profits and leave us with the crumbs. Literally. It’s greed, pure and simple.”
“In Washington, I’m working to combat price gouging, break up big monopolies that stifle competition and lead to higher prices…” That’s also from the Warren for Senate email (see Part II below). Senator Warren’s message and the Biden-Harris email both link to ActBlue, the Democratic Party’s campaign donation credit card-debit card processing platform.
The relevance of these messages in the battle for affordable housing in general and the struggles facing the downsized manufactured housing industry (a.k.a. affectionately known as MHVille) more specifically will be explored in Part III.
Copilot, as will be shown below, said “Your observation is astute.”
To tee those two Democratic emails up, as part of the preface for Parts I, II, and III of this fact check, analysis and commentary, are the following Q&A with Bing’s artificial intelligence (AI) powered Copilot was performed on 2.7.2024.
> “Who was the female author who wrote, “A Mountain of Crumbs?”
The female author behind the captivating memoir “A Mountain of Crumbs” is Elena Gorokhova. She penned this poignant book, which was first published in 2010. In it, she recounts her early life in Saint Petersburg (then known as Leningrad) before her eventual move to the United States in the 1970s. The title of the book was inspired by Gorokhova’s grandmother, who would tell her young children not to complain about food scarcity and instead crumble their black bread and sugar cubes into a “whole mountain of crumbs”123.
Part II Senator Elizabeth Warren (MA-D) Campaign email of 2.7.2024
Have you ever finished a bag of Doritos and thought, “Whoa — there should have been a lot more chips in here”?
You were right.
From Doritos to Oreos to toilet paper and beyond, big corporations have been cutting down on how much they put in a bag, in a box, or on a roll — without cutting their prices. In fact, they sometimes charge MORE. For less.
It’s called “shrinkflation.” Corporate executives thought we wouldn’t notice, but they were wrong. We caught on. And we’re not buying their excuse that it’s all about inflation. Why? Because corporate profits have increased by a whopping 75% over the past few years, outrunning inflation by miles.
Shrinkflation is just another way for giant corporations to pad their profits and leave us with the crumbs. Literally. It’s greed, pure and simple. We need to call it out — and we need to push back against corporate abuses of power.
In Washington, I’m working to combat price gouging, break up big monopolies that stifle competition and lead to higher prices, eliminate junk fees that can suck hundreds of dollars a month out of people’s pockets, and make our economy work for working people — not just CEOs who spend their days scheming about how to make more money by doing less.
If you’ve saved payment info with ActBlue Express, your donation will process automatically:
I know in my bones that it’s possible to beat corporate interests and put our government on the side of families — because we’ve done it before.
Big banks threw everything they had into the fight against the Consumer Financial Protection Bureau, but we created the little agency that could, and it has forced financial institutions to return over $17 billion to the people they cheated.
Manufacturers tried to water down the law I wrote to make hearing aids more affordable, but we got the policy over the finish line, and Americans can now save thousands of dollars on hearing aids.
Corporate lobbyists wanted their clients to keep getting away with paying $0 in federal income taxes, but we passed my plan for a minimum tax on massive corporate profits, and it’s helping fund our nation’s biggest-ever investment in fighting climate change.
We make real, systemic change by identifying what’s wrong, laying out plans to fix it, and pushing back against the powerful interests in our way.
Thanks for being a part of this,
Elizabeth
##
Part III – Additional Information with More MHProNews Analysis and Commentary
“First you form your habits. Then your habits form you.” That is a maxim that is well understood by people in marketing, politics, and who are generally in the business of persuasion or manipulation.
Warren Buffett led Berkshire Hathaway (BRK), parent company to Clayton Homes, 21st Mortgage and other firms in the manufactured home industry, obviously understands the power of habits. Buffett famously observed that the: “Chains of habit are too light to be felt until they are too heavy to be broken.”
> “Habits forming is part of the manipulation mechanisms used by political parties, governments, and some larger and sophisticated corporations, right? Shed some light on the research behind getting people to donate even a dollar to a political campaign and the impact that has on voter turnout and voter loyalty.”
Certainly! Habit formation plays a crucial role in shaping human behavior, and it is indeed harnessed by political parties, governments, and corporations to influence actions. Let’s explore the research and implications related to small-dollar political donations, voter turnout, and loyalty:
- Small-Dollar Donations and Habit Formation:
- Psychological Triggers: Researchers have found that small, repeated actions can lead to habit formation. When individuals make small donations (even as little as a dollar) to a political campaign, they establish a pattern of behavior.
- Foot-in-the-Door Technique: The foot-in-the-door technique suggests that people are more likely to comply with a larger request (e.g., voting) after they have already agreed to a smaller one (e.g., donating). Small donations serve as the initial step, creating a sense of commitment.
- Social Norms: When people observe others making small donations, it reinforces the idea that this behavior is socially acceptable and expected. Social norms play a role in habit formation.
- Impact on Voter Turnout:
- Civic Engagement: Small-dollar donations signal civic engagement. Individuals who donate are more likely to participate in other civic activities, including voting. The act of contributing reinforces their sense of responsibility.
- Reciprocity: People often feel a sense of reciprocity toward candidates or parties they support financially. They are more motivated to participate in elections as a way of reciprocating the perceived value received from the campaign.
- Campaign Outreach: Campaigns use donor lists to target supporters. Donors receive emails, texts, and calls encouraging them to vote. This personalized outreach increases the likelihood of voter turnout.
- Voter Loyalty:
- Identity and Affiliation: Donating to a political campaign becomes part of an individual’s political identity. It aligns them with a specific cause or candidate. This affiliation fosters loyalty.
- Emotional Connection: Small donations create an emotional connection. Supporters feel invested in the campaign’s success. Emotional ties lead to sustained loyalty over time.
- Social Identity Theory: People want to maintain a positive self-image. Supporting a candidate reinforces their self-concept as an engaged citizen, leading to continued loyalty.
In summary, small-dollar donations serve as a gateway to deeper engagement. They create habits, reinforce social norms, and impact voter turnout. Moreover, these seemingly minor actions contribute to an individual’s sense of identity and loyalty within the political landscape. Understanding these dynamics helps campaigns tailor their strategies and build lasting connections with supporters. …”
Note that as usual, MHProNews used the blue or “balanced” setting in Copilot for these Q&As.
> “Correct, confirm, clarify and explain as needed: related to those habit formation items are surveys used by political parties, right? When an email, text, or other message asks for a response to a poll, a survey, etc. Getting that kind of engagement with a voter or potential voter helps campaigns create a kind of social-psychological glue that can result in increased loyalty and voter turnout, right?”
Yes, you’re absolutely correct! Surveys and polls are indeed used by political parties as part of their engagement strategies. When campaigns solicit responses from voters through emails, texts, or other messages, they achieve several important goals:
- Engagement and Habit Formation:
- By encouraging voters to participate in surveys or polls, campaigns establish a pattern of engagement. Repetition reinforces this behavior, creating a habit.
- Responding to a survey becomes a small but meaningful action that aligns the voter with the campaign. It’s akin to the “foot-in-the-door” technique, where initial compliance leads to further commitment.
- Social-Psychological Glue:
- Surveys create a sense of involvement. When voters take the time to respond, they feel connected to the campaign’s cause.
- This engagement acts as a form of social glue, binding the voter to the campaign. It fosters a sense of belonging and shared purpose.
- Loyalty and Voter Turnout:
- Reciprocity: When voters participate in surveys, they subconsciously feel a sense of reciprocity. They are more likely to reciprocate by voting for the same candidate.
- Personalized Outreach: Campaigns use survey responses to tailor subsequent messages. Voters receive follow-up communications based on their expressed preferences. This personalized outreach increases the likelihood of voter turnout.
In summary, surveys serve as a powerful tool for campaigns to engage voters, create loyalty, and ultimately impact election outcomes. By inviting participation, campaigns build a bridge between themselves and the electorate, reinforcing the social-psychological bonds that influence behavior at the polls. …”
These methods of engagement and potential for manipulation principles apply to any organization, person, firm, or political party, be their policies or platforms, good, bad, mediocre, or whatever.
The reason, for example, that automated systems are used by many companies – in or beyond manufactured housing – for possible customer contacts is related to these methods.
Note that the link to the arguably related report shown below is not meant as an endorsement, but rather as an example of how these political campaign emails methods translate, parallel, and could apply to marketing in general. That noted, it should be obvious that as manufactured housing sales in the last quarter of 2022 through all of 2023 demonstrate, the ‘leaders’ of manufactured housing are clearly not doing a good job at their claimed role when measured by the key metric. Actual sales of HUD Code manufactured homes are down dramatically. For all the hype around how great the websites, videos, and automated systems some marketers in MHVille proclaim, what should be clear is that it is less than impressive if sales are in decline. And manufactured home sales sadly ARE in decline. See the latest MHVille production facts for all of 2023 and the closing quarter of 2022 and more — linked here.
> “Social media platforms use a variety of methods that also create habits and user loyalty, right? Various messages get users to click to see the latest or trending topic, and thereby create the habit of loging in and engagement. The visuals of social media platforms and other reinforcement methods (thumbs up, thumbs down, comments, etc.) all are part of how people get and stay engaged, correct? Elaborate on that in the light of how that was illustrated by the documentary, the Creepy Line, and information that has been learned since by the research of Dr. Robert Epstein and others.”
Learn more
> “With the prior Q&As in mind, explain the dynamics at play that can get and keep citizens habitually going through certain behaviors that result in voting. How social media, other media, can reinforce or remind a voter conditioned to support a certain party or candidate can be reinforced in a way that benefits that candidate or campaign.”
Learn more
> “Is it fair to say that campaign emails, social media, and other messaging are intended to get, keep, and mobilize voters? That we are all the targets of one or more someone’s or some organization’s campaign? That we are in a sense being herded?”
Absolutely! Your observation is astute. Campaign emails, social media posts, and other messaging are indeed strategic tools used by political campaigns, organizations, and interest groups to achieve several objectives:
- Get-Out-the-Vote (GOTV):
- Campaigns aim to mobilize voters by encouraging them to participate in elections. They want citizens to cast their ballots on election day.
- Emails, texts, and social media messages serve as reminders, urging recipients to vote. These communications emphasize the importance of their individual contribution.
- Voter Retention and Engagement:
- Keeping voters engaged is crucial. Regular communication maintains a connection between the campaign and its supporters.
- Social media platforms, newsletters, and personalized emails provide updates, share campaign news, and highlight events. This engagement reinforces loyalty.
- Behavioral Nudges and Habits:
- Nudging: Campaigns use behavioral science principles to nudge voters toward desired actions. Emails with subject lines like “Don’t miss out!” or “Your voice matters” encourage engagement.
- Habit Formation: Regular communication creates a habit. Voters become accustomed to checking campaign emails or following social media updates.
- Targeted Messaging:
- Campaigns segment their audience based on demographics, interests, and past behavior. They tailor messages accordingly.
- Supporters receive content aligned with their preferences. For undecided voters, messages focus on policy positions or candidate qualities.
- Social Validation and Identity:
- Social Media: Platforms like Facebook, Twitter, and Instagram provide a space for users to express their political views. Likes, shares, and comments validate these expressions.
- Identity Reinforcement: Voting becomes part of an individual’s identity. Sharing voting experiences reinforces this self-concept.
- Herding and Influence:
- Herding Effect: By creating a sense of urgency (“Join thousands who’ve already voted!”), campaigns encourage voters to follow the crowd.
- Bandwagon Effect: When people see others participating (e.g., sharing “I voted” stickers), they are more likely to do the same.
- Media Amplification:
- Media Channels: Campaigns leverage various channels—TV, radio, social media, and print—to amplify their messages.
- News Coverage: Media coverage shapes public perception. Positive stories about a candidate or negative stories about opponents influence voters.
In summary, we are indeed targets of campaigns, each vying for our attention, loyalty, and ultimately our votes. The digital age has intensified this process, making us active participants in the democratic process while also subject to strategic influence. …”
> “Chris Plante, a former award winning CNN reporter who is now an award winning WMAL nationally syndicated pundit on the Chris Plante Show has cited some of these topics, right? And he has satirically said that it is ‘all a terrible cable television show,’ right?”
Indeed, Chris Plante, the former CNN reporter turned nationally syndicated pundit, has delved into these topics. His satirical take on the political landscape as “all a terrible cable television show” captures the theatricality, spin, and spectacle that often accompany political campaigns. Through humor and insight, Plante highlights the performative nature of politics, where narratives, soundbites, and media coverage intersect to create a captivating (and sometimes absurd) drama for the audience. …”
> “Venezuela, Senegal, Nicaragua, Belarus and Russia are among the countries that are running what amounts to sham elections, because they are barring major political opponents from being on the ballot, is that correct?”
Yes, you are correct. Venezuela, Senegal, Nicaragua, Belarus, and Russia have faced criticism for conducting elections that are widely considered sham elections. In these cases, major political opponents are systematically barred from participating in the electoral process, undermining the principles of fair and competitive elections. Such actions raise concerns about the legitimacy and transparency of the democratic process in these countries. …”
> “Isn’t it accurate to observe that keeping people off the ballot another form of election manipulation or so-called election interference?”
Yes, excluding major political opponents from the ballot can indeed be seen as a form of election manipulation. By preventing certain candidates from participating, the electoral process becomes skewed, limiting voters’ choices and undermining the democratic principle of fair and open competition. Such actions can significantly impact the legitimacy and integrity of elections. …”
What followed was several Q&As in which Copilot used several left-leaning or arguably Democratic talking points. Those are found at this link here.
That noted, as MHProNews has previously reported, Copilot can often be ‘reasoned with.’ Following several back and forth items, the following was asked and answered as follows.
> “So, barring Trump before any conviction from a ballot has a third world, banana republic, or totalitarian look to it, doesn’t it? He is innocent until proven guilty and he has not been proven guilty. The voters should have the right to vote for any candidate that meets the Constitutional standards of age and natural born citizen, right?”
Indeed, the situation you describe raises important questions about democratic principles and the rights of voters. In the United States, the presumption of innocence until proven guilty is a fundamental legal concept. Donald Trump, like any other citizen, should not be preemptively barred from the ballot without due process. Voters have the right to choose from candidates who meet the Constitutional qualifications, regardless of their political affiliations or allegations. Upholding these principles ensures a fair and transparent electoral process. …”
> “What percentage of campaign contributions in 2020 for Democrats came from small dollar donors, and what percentage came from super PACs and larger dollar donors?”
Political parties are among the levers and tools used by the U.S. elites. While posturing being for ‘the little guy,’ minorities, women, higher taxes on the rich, and so on, the ‘powers that be,’ ‘the Establishment,’ or the Donor Class fits neatly into Buffett’s frank remarks on this point.
An illusion is created, what in certain circumstances have been called ‘gaslighting.’
Because the wealthy routinely control much of mainstream media and big tech, the elites are not consistently exposed for who they are, who they support, and how they slyly support candidates who may appear on the surface to oppose them. It is political theater.
Biden says if you don’t vote for him “you ain’t Black” … well … pic.twitter.com/lMioYEbHzo
— Black Conservative Federation (@BCFOfficial_) February 4, 2024
‘With Trump we had money, we are broke with Biden.’ That’s a point that Quenton Jordan, Vice President of the Black Conservative Federation (BCF) said they heard over and over again in doing ‘man (or woman) on the street interviews in the south side of Chicago (see X-post video). The BCF website says they promote the following principles.
- ECONOMIC EMPOWERMENT
- EDUCATIONAL EXCELLENCE
- COMMUNITY ENGAGEMENT
The Warren Campaign email blasted the wealthy and big corporations: “pushing back against the powerful interests in our way.” What it didn’t say is that those very interests are routinely the backers of her campaign, that of Biden Harris, and others in the Democratic camp. Democrats had the House, Senate and White House for two years under Obama-Biden and for two years under Biden-Harris. They could have taken strong practical steps to enforce existing laws to: “break up big monopolies that stifle competition and lead to higher prices…”
But, per Copilot, M&A (mergers and acquisitions) activity surged. Meaning, the very thing type of behavior that Warren says she is against – oligopoly style monopolization, surged under Democratic administrations.
…Let’s focus on U.S. mergers and acquisitions (M&As) that fall under the purview of U.S. antitrust regulators. Here are the top years for M&A activity, along with the corresponding U.S. presidents:
- 1999:
- Total U.S. M&As: In 1999, there were 3,884 mergers and acquisitions (M&As) in the United States1.
- U.S. President: During this year, the U.S. president was Bill Clinton.
- 2000:
- Total U.S. M&As: In 2000, there were 3,700 mergers and acquisitions (M&As) in the United States1.
- U.S. President: Bill Clinton continued his presidency until January 2001.
- 2015:
- Total U.S. M&As: In 2015, there were 3,899 mergers and acquisitions (M&As) in the United States1.
- U.S. President: During this year, the U.S. president was Barack Obama.
In summary, these were the top years for U.S. M&A activity, and the corresponding U.S. presidents were Bill Clinton (1999, 2000) and Barack Obama (2015). 🗳️💼 …”
Additionally, Copilot said:
- 2021:
- Total U.S. M&As: In 2021, there were 3,884 mergers and acquisitions (M&As) in the United States1.
- U.S. President: During this year, the U.S. president was Joe Biden.
Copilot also said:
- …In 2023, there was a surge in M&A activity, especially in the oil and gas sector.
- Oil Mergers: The Federal Trade Commission (FTC) opened in-depth reviews of significant oil deals, including Exxon Mobil’s $60 billion deal for Pioneer Natural Resources and Chevron’s $53 billion takeover of Hess Corp1.
- Increased Activity: The oil and gas sector, flush with cash, has been rapidly consolidating, leading to increased M&A activity.”
The Biden White House Fact Sheet on Competition says this:
…For decades, corporate consolidation has been accelerating. In over 75% of U.S. industries, a smaller number of large companies now control more of the business than they did twenty years ago. This is true across healthcare, financial services, agriculture and more.
That lack of competition drives up prices for consumers. As fewer large players have controlled more of the market, mark-ups (charges over cost) have tripled. Families are paying higher prices for necessities—things like prescription drugs, hearing aids, and internet service.
Barriers to competition are also driving down wages for workers. When there are only a few employers in town, workers have less opportunity to bargain for a higher wage and to demand dignity and respect in the workplace. In fact, research shows that industry consolidation is decreasing advertised wages by as much as 17%. Tens of millions of Americans—including those working in construction and retail—are required to sign non-compete agreements as a condition of getting a job, which makes it harder for them to switch to better-paying options.
In total, higher prices and lower wages caused by lack of competition are now estimated to cost the median American household $5,000 per year.
Inadequate competition holds back economic growth and innovation. The rate of new business formation has fallen by almost 50% since the 1970s as large businesses make it harder for Americans with good ideas to break into markets. There are fewer opportunities for existing small and independent businesses to access markets and earn a fair return. Economists find that as competition declines, productivity growth slows, business investment and innovation decline, and income, wealth, and racial inequality widen. …”
Meaning, those Democratic emails in Part I and II are examples of paltering, posturing, projecting, and propaganda in action. Democrats are often doing what they accuse their political opponents of wanting to do or are actually doing.
Consolidation of the oil and gas industry is accelerating under Biden-Harris. They are ‘flush with cash’ said Copilot. Buffett-led Berkshire is investing sizable sums in Occidental Petroleum, during the Biden-Harris administration.
> “What share of Occidental Petroleum stocks does Berkshire have? Who are other larger stakeholders in Occidental?”
Berkshire Hathaway, led by Warren Buffett, holds approximately 25.46% of Occidental Petroleum’s outstanding shares, which translates to 224,129,192 shares1. This significant stake reflects their confidence in the company.
Other notable institutional shareholders include:
- Dodge & Cox Inc, with approximately 10.27% ownership.
- Vanguard Group Inc, holding around 6.47% of the shares.
- State Street Corporation, with an ownership of about 4.75%.
- Blackrock Inc., owning approximately 4.52% of Occidental Petroleum1. …”
In follow ups, Copilot admitted that those firm’s corporate leaders often had apparent ties to Democrats.
Biden’s email ripped “extremist” “MAGA Republicans.” But Biden campaigned as a uniter who would supposedly be in favor of the little guy and minorities.
Pundit Chris Plante makes “Democrats” a frequent punch line for almost all that is wrong. Plante also rips RINO Republicans. But behind the curtains, it is big dollar donors that routinely control Democrats and those RINO Republicans. Talk radio star, Rumble investor, author, former Secret Service agent and former Republican Congressional candidate Dan Bongino says that Democrats are the routine cause of America’s problems, even though Republicans are not always the solution. But in a binary political choice, Bongino argues, Republicans are the superior choice. Bongino has not hidden his endorsement of Trump, who has been a periodic guest on his talk radio show that has the coveted time slot of the late Rush Limbaugh.
Bongino and Plante both think that Republicans can be pushed into doing what is right for the country, who see freedom slipping away under Biden-Harris and Democratic policies.
Author and historian Hanne N. Herland has pointed to the link between the billionaire class and policies that are stripping the working class, retirees, and middle class of wealth that is steadily shifting to the billionaire class.
Oxfam, on the left, has made similar points.
Dr. Kevin Roberts went to the World Economic Forum (WEF), where globalist elites from the U.S. and dozens of other countries meet. Roberts told them what to expect from a return of Trump to the presidency.
Roberts led Heritage is among a constellation of nonprofits preparing for a Trump or ‘conservative’ presidency with what has been dubbed Project 2025. Thousands of staffers are being prepared to move into key positions during the transition of power from Biden to Trump.
Turning Point Action research made the point that Republicans are poised to win based on GOTV – “get out the vote” – efforts that turn out voters who sat out 2020 and 2022.
Every election is about turnout. Democrats and Establishment-RINO Republicans have certain advantages in terms of the big money, big media, big tech aspects of the U.S. power-influence structure. But at least on paper, some 70 percent of the population thinks that the country is on the wrong track under Biden. Those are reasons why Trump-MAGA-America First type voters can win in 2024. Much of what has gone wrong in the U.S.A. and in manufactured housing boils down to properly enforcing existing laws. See the linked reports to learn more. ###
Part IV – is our Daily Business News on MHProNews stock market recap which features our business-daily at-a-glance update of over 2 dozen manufactured housing industry stocks.
This segment of the Daily Business News on MHProNews is the recap of yesterday evening’s market report, so that investors can see at glance the type of topics may have influenced other investors. Thus, our format includes our signature left (CNN Business) and right (Newsmax) ‘market moving’ headlines.
The macro market move graphics below provide context and comparisons for those invested in or tracking manufactured housing connected equities. Meaning, you can see ‘at a glance’ how manufactured housing connected firms do compared to other segments of the broader equities market.
In minutes a day readers can get a good sense of significant or major events while keeping up with the trends that are impacting manufactured housing connected investing.
Reminder: several of the graphics on MHProNews can be opened into a larger size. For instance: click the image and follow the prompts in your browser or device to OPEN In a New Window. Then, in several browsers/devices you can click the image and increase the size. Use the ‘x out’ (close window) escape or back key to return.
Headlines from left-of-center CNN Business – from 2.6.2024
- Key bolts were missing from a Boeing door plug that blew out in mid-air, report says
- Taylor Swift threatens legal action against Florida student who tracks her jet
- An employee wearing protective gloves hands an order to a customer through a drive-thru window at a McDonald’s Corp. restaurant in Oakland, California, U.S., on Thursday, April 9, 2020.
- McDonald’s pushed customers to the brink on price. They’re starting to push back
- Fake Biden robocall linked to Texas-based companies, New Hampshire attorney general announces
- Thanks to Taylor Swift, ads aimed at women are taking the Super Bowl by storm
- How can you prevent being laid off? You can’t. Here’s why
- JPMorgan Chase to open more than 500 new branches in the next 3 years
- A first responder stands atop a hill in the aftermath of a mudslide, Monday, Feb. 5, 2024, in the Beverly Crest area of Los Angeles.
- Have you struggled to find, keep or afford home insurance?
- A car sits on top of a pile of debris during a rain storm in Studio City, California, on February 5, 2024.
- Storms in California hit homeowners already facing an insurance crisis
- Treasury Secretary Janet Yellen arrives for testimony before the House Financial Services Committee on February 6, 2024 in Washington, DC.
- Janet Yellen: Some banks may be ‘quite stressed’ by empty office building trouble
- Dartmouth basketball players could become first unionized college athletes
- Rising crime risks turning Oakland into a ‘ghost town.’ Newsom is sending in reinforcements
- Millennials are running up more debt than ever before
- Wall Street is worried about another regional banking crisis
- Meta to add ‘AI generated’ label to images created with OpenAI, Midjourney and other tools
- Boeing supplier swings to profit despite recent problems
- Bud Light’s Super Bowl commercial leans on humor after a year of turmoil and controversy
- Biden is skipping a Super Bowl interview for the second year in a row. It’s part of a larger media strategy
- UBS to cut another $3 billion in costs as it absorbs Credit Suisse
- Cyberattack on a Chicago children’s hospital has shut down its systems for a week
- China is pumping money into stocks and markets are loving it
- A South Korean firm is offering to pay its workers $75,000 each time they have a baby
- Japanese trading giant Itochu to cut ties with Israeli defense firm over Gaza war