Homeownership has long been a critical component of the American Dream. But under Bidenomics, owning a home is beyond the reach of many Americans due to the rising cost of owning and maintaining a home, according to the latest report by The Wall Street Journal. Buying a home is more than having a roof over one’s head. Homeownership is the primary driver that has helped generations of Americans build wealth. A home is an appreciable asset, and its value usually increases substantially over a long period of time. Naturally, the primary residence represents the most significant asset among A ..read more

More than two-thirds of America’s major universities are prioritizing indoctrination in “diversity, equity, and inclusion” (DEI) ideology over real education. That’s the bracing conclusion of a new report finding that 67 percent of major universities across the country require students to take courses in DEI—an ideology that promotes race-based discrimination—just to graduate. But the Goldwater Institute has a solution to restore institutions of higher learning to their core educational purpose: the pursuit of truth through the creation and dissemination of knowledge. The ideology be ..read more

On Tuesday, a federal court dismissed a lawsuit against the Pennsylvania Higher Education Assistance Agency, made by a man who says he was given incorrect information that led him to not receive student debt cancelation under the Public Service Loan Forgiveness (PSLF) program. While the lawsuit focuses on one person’s grievance, the case highlights just how absurdly broad eligibility for the PSLF program has become. Intuition would imply that the program would only apply to a small number of truly public-service, poorly paid jobs, but as many as 25 percent of Americans actu ..read more

The Bank of Israel is set to launch a sandbox for private sector players to experiment with a possible central bank digital currency (CBDC). It is building an application programming interface (API)-based sandbox, deputy governor Andrew Abir said today (April 16). It will invite banks and fintech companies, among others, to develop use cases that will help design the digital shekel program. Abir said the official announcement of the project will take place in the “coming weeks.” The work is inspired by Project Rosalid by the Bank of International Settlements (BIS) and the Bank of England, Abir ..read more

The results of a lengthy investigation conducted by Republicans and Democrats on the House Select Committee on the Chinese Communist Party shows the communist government is actively fueling the fentanyl crisis in America. The CCP sends fentanyl to Mexico, where cartels benefit and traffic the lethal drug into the United States. Last year more than 70,000 people died from fentanyl poisoning or overdose in America — many as a result of drug misidentification or lacing. “Today, fentanyl is the leading cause of death for Americans between the ages of 18 and 45. In calendar year 2023, DEA seized mo ..read more

National Public Radio on Friday officially suspended veteran editor Uri Berliner, who recently published an essay exposing the government-funded outlet’s alleged bias during former President Donald Trump’s presidency. Berliner, who has worked at NPR for 25 years, alleged in the essay published in The Free Press that the outlet was seeking to take down Trump during his presidency by citing Russia-collusion accusations that subsequently were debunked. The outlet suspended Berliner without pay for five days starting on Friday, NPR reported on Tuesday ..read more

The United States National Security Agency (NSA) is only days away from “taking over the internet” with a massive expansion of its surveillance powers, according to NSA whistleblower Edward Snowden. In an April 16 post to X, Snowden drew attention to a thread originally posted by Elizabeth Goitein — the co-director of the Liberty and National Security Program at the Brennan Center for Justice — that warned of a new bill that could see the U.S. government surveillance powers amplified to new levels. The bill in question reforms and extends a part of the Foreign Intelligence Surveillance Act (FI ..read more

Artificial intelligence (AI) systems, such as the chatbot ChatGPT, have become so advanced that they now very nearly match or exceed human performance in tasks including reading comprehension, image classification and competition-level mathematics, according to a new report (see ‘Speedy advances’). Rapid progress in the development of these systems also means that many common benchmarks and tests for assessing them are quickly becoming obsolete. These are just a few of the top-line findings from the Artificial Intelligence Index Report 2024, which was published on 15 April by th ..read more

Over a dozen Republican attorneys general are warning a major U.S. bank against alleged practices of “de-banking” certain customers because of their religious or political views. In a letter obtained exclusively by Fox News Digital, Kansas Attorney General Kris Kobach, along with 14 of his Republican colleagues told Bank of America CEO Brian T. Moynihan that the company “appears to be conditioning access to its services on customers having the bank’s preferred religious or political views.” “Your discriminatory behavior is a serious threat to free speech and religious freedom, i ..read more

Central bank digital currencies (CBDCs) could contribute to financial instability, a Federal Reserve working paper finds. Francesca Carapella et al examine several ways CBDCs could create instability, and how central banks could mitigate this, in Financial Stability Implications of CBDC. They note several ways in which a CBDC might make the economy less stable. A CBDC’s safe asset status could increase the chance of a flight to it from other asset cases during market instability, they say. A CBDC that was widely available, interoperable, with a fast payment infrastructure c ..read more