Trillion-Dollar Shock Hidden in Inflation Reduction Act

TL/DR - The article discusses a proposed legislation called the Inflation Reduction Act, which aims to transition the Federal Reserve to a rules-based monetary policy. The act aims to reduce the Federal Reserve's discretion in monetary decisions, instead tying them to a mathematical formula based on changes in nominal GDP. Critics argue this…

Irvine Police Fatally Shoot Man Stabbing Mother on Street – KABC-TV

TL/DR - Irvine police shot and killed a man they witnessed fatally stabbing his mother in the street. Both the man and his mother died at the scene. It is reported as an officer-involved shooting in South OC. Man Fatally Stabbing Mother Killed by Irvine Police In a shocking incident, Irvine police fatally shot a man while he was stabbing his…

Steward Health CEO in Paris Amid Hospital Closures: NBC Boston

TL/DR - The CEO of bankrupt Steward Health Care, Ralph de la Torre, was reportedly at the Paris Olympics amid announcements of hospital closures. Both NBC Boston and The Boston Globe reported his attendance at the Olympics as his company was selling and closing hospitals. In response, Governor Maura Healey has suggested a federal investigation…

Negaunee Commits $5k Yearly to Boost LSCP’s West End Economy

TL/DR - The City of Negaunee has agreed to invest $5,000 annually in the Lake Superior Community Partnership’s (LSCP) West End Economic Hub. LSCP is a regional economic development organization. The funds will support the operations of the hub which aims to further economic development in the region. City of Negaunee Invests in LSCP’s West…