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In a recent report by the Federal Reserve, America’s biggest banks have been deemed well positioned to survive a severe recession while still supporting lending to households and businesses. This assessment comes from the annual bank resilience test, also known as a stress test, which revealed that banks could experience higher losses in the event of a significant economic downturn compared to last year. Following the banking crisis of the Great Recession, the Fed conducts stress tests to identify any potential weaknesses in the financial system. The importance of these tests was heightened after the collapse of three US banks…

Enzo Fernandez, the promising young midfielder from Chelsea, recently apologized to Argentina coach Javier Mascherano after facing a disappointment regarding his participation in the Olympics. The 23-year-old was initially expected to represent the Argentina U23 side at the Games in Paris this summer. Mauricio Pochettino, the former Chelsea manager, had given Fernandez the green light to compete in France. However, with the arrival of the new manager, Enzo Maresca, the situation took a different turn as the club decided that Fernandez should rest ahead of the upcoming Premier League season in 2024/25. In a statement to the Argentinian TV channel…

The Jeep community is known for its strong sense of camaraderie, with Jeep owners often forming close bonds based on their shared love for their vehicles. Allison Parliament understood this better than anyone when she came up with the concept of “Jeep Ducking” back in 2020. The idea was simple – if you saw a Jeep out in the wild, you would place a rubber duck on their car as a gesture of goodwill. This seemingly innocuous act quickly took off and became a viral sensation among Jeep owners all over the world. Parliament’s unexpected passing has left a void…

As the election draws near, foreign policy is taking center stage in the upcoming debate between President Joe Biden and former President Donald Trump in Atlanta. The Biden campaign, while hoping to focus on domestic issues such as economy and reproductive rights, has been forced to address foreign policy concerns due to ongoing global instability, right-wing isolationist tendencies, and two hot wars. Biden’s first term has been heavily focused on foreign policy, with recent trips to Europe and growing concerns about world events diverting attention from domestic issues. While there is no scheduled debate solely dedicated to foreign policy, Biden’s…

Volkswagen has announced a massive recall of 271,330 of its Atlas SUV vehicles due to faulty passenger-side airbags. According to a report from the US National Highway and Safety Administration on Wednesday, certain Atlas vehicles made between 2021 and 2024 and Atlas Cross Sport vehicles made between 2020 and 2024 may have a wiring error that prevents the front passenger airbags from deploying. This is not the first time Volkswagen has faced this issue. In March, the German automaker recalled 143,000 Atlas SUVs for a similar problem. It remains unclear whether Wednesday’s report includes the March recall as Volkswagen has…

Utah Rep. John Curtis emerged victorious in the state’s Republican Senate primary, defeating a challenger supported by former President Donald Trump in the race to replace retiring GOP Sen. Mitt Romney. Curtis, 64, secured a win in the four-way primary, which included Riverton Mayor Trent Staggs, who had the backing of Trump and the state Republican Party. Curtis is now heavily favored in the November general election in the deep-red state, which hasn’t elected a Democrat to the US Senate since 1970. Despite losing a vocal anti-Trump figure in Romney, Curtis has maintained a cautious distance from the former president…

NBC is set to bring back sportscaster Al Michaels to the Olympics this summer in a groundbreaking way – his voice will be powered by artificial intelligence. In a recent announcement, NBC revealed their plans to use AI software to recreate Michaels’ voice for daily recaps of the Summer Games on the Peacock streaming platform. This marks a significant milestone for the integration of AI technology in media companies. The decision to use AI for the Olympics comes at a time when the technology has made significant advancements, particularly in the creation of images, sound, and text. This has sparked…

In a recent survey released Wednesday by the National Comprehensive Cancer Network, it was revealed that 89% of 28 large cancer centers across the country reported a shortage of at least one drug used to treat cancer, its symptoms, or side effects of treatment last month. This percentage is consistent with last year’s survey results, indicating that the shortage of cancer drugs continues to be a prevalent issue affecting cancer centers nationwide. However, while the percentage of centers reporting drug shortages has remained consistent, the specific drugs impacted have changed. The new survey conducted from May 28 to June 11…

United States striker Alex Morgan has been left out of Emma Hayes’ squad for the Paris Olympic Games next month, marking the end of an era. The 34-year-old has played for Team USA at every Olympics since Beijing 2008 and won gold at London 2012. Morgan has 224 caps and 123 goals for the national team, ranking her as the side’s ninth-most-capped player and fifth-highest scorer. The two-time World Cup winner was the most notable absence from Hayes’ Olympic 18-player squad after recently recovering from an ankle injury. Morgan voiced her disappointment on social media but insisted she looks forward…

New York Representative Jamaal Bowman suffered a defeat in the Democratic primary to Westchester County Executive George Latimer, making it the first loss for a member of the progressive House “Squad.” The battle for New York’s 16th Congressional District became the most expensive House primary ever, marked by high spending from pro-Israel groups supporting Latimer. Bowman, a former middle school principal in the Bronx, was first elected in 2020 after defeating long-time Democratic Rep. Eliot Engel. The primary campaign, much like Bowman’s first race, focused on criticisms that the incumbent had disconnected from the diverse, yet segregated district spanning parts…