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economy

COVID-19 Vaccines Alter DNA Cause Cancer

Daily Fact-Check: Have COVID-19 Vaccines Been Shown to Alter DNA, Cause Cancer?

Small amounts of DNA from the manufacturing process may remain in the mRNA COVID-19 vaccines. Purification and quality control steps ensure any leftover DNA is present within regulatory limits. There isn’t reason to think that this residual DNA would alter a person’s DNA or cause cancer, contrary to claims made online.

How Micron’s Building Biggest U.S. Chip Fab, Despite China Ban

CNBC: How Micron’s Building Biggest U.S. Chip Fab, Despite China Ban

Micron, Samsung and SK Hynix are responsible for making 90% of the world’s DRAM memory chips, and Micron is the only one based in the U.S. That’s made it the latest target of bans from China. Yet Micron is spending $115 billion to build the biggest chip project in U.S. history. CNBC visited Micron in Idaho and talked to Gov. Kathy Hochul in New York to hear about the new fabs. We also asked Senate Majority Leader Chuck Schumer about Micron ahead of his meeting with Chinese President Xi Jinping.

How Many Zombie Firms Are Left In The U.S.?

CNBC: How Many Zombie Firms Are Left In The U.S.?

Some firms sustain their businesses by taking on more debt that they likely could never repay. Economists call them zombie companies. When compared to their peers, zombies are smaller in size and deliver lower returns to investors. These companies distort markets, keeping resources from their fundamentally sound competitors. Banks and governments keep zombie firms alive with bailout loans. As the Fed resets the economy with higher interest rates, many zombie firms are filing for bankruptcy.

CNBC How The 'Pie Crust Cookie' Creator Brings In $1 Million A Year In NYC

CNBC: How The ‘Pie Crust Cookie‘ Creator Brings In $1 Million A Year In NYC

Janie Deegan, 35, was homeless and battling addiction a decade ago. Now, she’s 10 years sober and the owner of Janie’s Life-Changing Baked Goods, a bakery that brought in over $1 million in 2022. The bakery is famous for its pie crust cookies, which ships across the U.S. and are available at retail locations in New York City.

Universal Basic Income vs Welfare Comparative Analysis

Universal Basic Income vs. Welfare: A Comparative Analysis

Explore the comparative analysis of Universal Basic Income (UBI) and traditional welfare programs in the context of economic security, administrative efficiency, work incentives, poverty reduction, and stigmatization. Discover the advantages and drawbacks of each approach to inform the debate on social safety nets.

Medicare for All universal healthcare access

Medicare for All: A Path to Universal Healthcare Access

Explore the concept of Medicare for All and its potential to provide universal healthcare access. Learn about the benefits, challenges, and the path to a more equitable and accessible healthcare system in the United States.

Vaccinations | Vaccines

Viral Video Repeats Bogus Claim About Vaccines and Visible Ailments

A video repeating the claim that COVID-19 vaccines are responsible for the sudden onset of various visible ailments — such as fainting and facial paralysis — is making the rounds, again. But, just like the other, similar posts we’ve addressed, there’s no support for this one, either.

sexy girl | artem labunsky | https://unsplash.com/@labunsky

Why Minimum Wage Falls Short: The Case for Universal Basic Income

While the minimum wage may seem like a logical solution to income inequality, it places an undue burden on small businesses and may not guarantee a living wage. Instead, we need to consider Universal Basic Income (UBI), which provides financial stability for citizens and empowers them to negotiate fair compensation with their employers. UBI also gives citizens something that minimum wage never can – time – to pursue education or start a business.

The Multifaceted Detrimental Effects of Poverty on Society

Discover the profound societal consequences of poverty in this doctorate-level blog post. Explore its detrimental effects on health, education, crime, and economic productivity, as well as its impact on social cohesion and mental well-being. Learn how addressing poverty is vital for creating a more equitable and prosperous society.

Why EVs Are Piling Up At Dealerships In The U.S.

CNBC: Why EVs Are Piling Up At Dealerships In The U.S.

In August 2023, it took about twice as long to sell an EV in the U.S. as it did the previous January. Prices of EVs are down 22% year-over-year and that’s mainly driven by Tesla. About two thirds of EVs sold are Elon Musk’s brand. Companies like Ford have ramped up hybrid production as demand has leveled off. While slightly more than half of consumers say EVs are the future and will eventually replace Internal Combustion Engines, less than a third of dealers say so. This all comes at a time when investments in EVs are more than ever. So what’s really going on? Watch the video to learn more.

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