Navigating Financial Peril through Artificial Intelligence Technology
In the world of news, events unfold at a rapid pace, painting a diverse picture of the world we live in. Here's a snapshot of some of the latest happenings:
Politics and Policy
A federal prosecutor in St. Louis has indicted two real-estate developers on wire-fraud charges for allegedly misrepresenting their eligibility for the Minority Business Enterprise and Women Owned Business Enterprise (M/WBE) program. The United States federal government, however, has yet to conduct examinations regarding the constitutional defect of M/WBE programming related to eligibility distortions of these developers.
Meanwhile, President Trump's latest executive orders focus on cash bail, National Guard enforcement, and flag burning. In New York, mayoral candidate Zohran Mamdani has proposed public grocery stores, a four-year rent freeze, and other major spending proposals. If elected, Mamdani may face strong headwinds, including a hostile White House, budget gaps, a wary business sector, and a public concerned about disorder.
Crime and Tragedy
A deadly shooting occurred at a Catholic school in Minneapolis, claiming the lives of 2 children and wounding 14. The incident has sent shockwaves through the community and sparked calls for increased safety measures.
Education and Innovation
The M/WBE program, designed to set participation targets for women and racial minorities in development projects in exchange for eligibility for tax abatements, has been deemed unconstitutional. On the other hand, Artificial Intelligence (AI) is suggested as a potential solution for cities, with off-the-shelf tools capable of improving student learning, enhancing public safety, and boosting government efficiency.
Science and Nature
The Guardian reports on the discovery of the oldest known ankylosaur fossil in Morocco, offering a glimpse into the prehistoric world. Meanwhile, a mysterious rose that survived Hurricane Katrina and spread throughout the US has captured the attention of CNN.
Culture and Society
The New York Post and The American Spectator have both published articles critiquing the political rhetoric of the Left and Right, respectively. Sardonicus, a commentator, discusses the potential implications of a flag-burning amendment.
Health and Wellness
The Wall Street Journal discusses diet and exercise as alternatives to medication for obesity, emphasising the importance of a balanced lifestyle. Roberta Rubel Schaefer writes about the New York State Regents' Equity Agenda and its impact on public education.
Economy and Finance
American cities faced major financial headwinds in 2025, with most running deficits and new municipal debt issuance reaching a record $513 billion. Rising pension obligations, growing debt service, and escalating public works costs are expected to further strain city budgets.
The Trump Administration's Reversal
The Manhattan Institute's Nick Ohnell Fellow, Rafael Mangual, discusses these executive orders on The Will Cain Show. The Trump administration has intervened and is reversing course on the prosecutions, but it is an illustration of the broader DEI phenomenon in government that still needs to be addressed.
