The SPDR S&P 500 ETF Trust has faced selling pressure for most of 2022 on continued supply-chain constraints, lingering COVID-19 lockdowns in China, and rising inflation concerns. As the Federal Reserve continues to aggressively fight inflation, search data suggests investors are increasingly anticipating an economic slowdown. What to Know Searches for the term “recession” in…
Google Trends Data Shows ‘Recession’ Searches Have Soared 355 Percent This Year
Angels’ Ohtani Has No-hitter Broken up in 8Th vs Athletics
ANAHEIM, Calif.—Los Angeles Angels phenom Shohei Ohtani took a no-hitter into the eighth inning Thursday night against the Oakland Athletics before Conner Capel singled with two outs to break it up. Capel hit a sharp grounder that deflected off sliding shortstop Livan Soto’s glove and into left-center field. Even if Soto had been able to…
Arkansas Senator Suspended Over Filing Frivolous Complaint
LITTLE ROCK, Ark.—An Arkansas state senator won’t have access to Senate offices and can’t participate in legislative meetings after the Senate on Tuesday ruled he made a frivolous ethics complaint against a fellow lawmaker in retaliation for sanctions he received earlier this year. By a 26–4 vote, the majority-Republican Senate approved its ethics committee’s recommendation…
Space Telescopes Capture Asteroid Slam With Striking Clarity
CAPE CANAVERAL, Fla.—The world now has stunning new photos of this week’s asteroid strike, the first planetary defense test of its kind. NASA on Thursday released pictures of the dramatic event taken by the Hubble and Webb space telescopes. A few hours later, SpaceX joined NASA in announcing that they’re studying the feasibility of sending…
Arizona Sues Biden Admin Over Student Debt Cancellation Plan
The state of Arizona on Thursday filed a federal suit against the Biden administration challenging President Joe Biden’s move to cancel billions in student loan debt. The move comes shortly after six other Republican-led states—Nebraska, Missouri, Arkansas, Iowa, Kansas, and South Carolina—on the same day filed a federal suit against the Biden administration, also against the federal student…
NASA Spacecraft Buzzes Jupiter Moon Europa, Closest in Years
CAPE CANAVERAL, Fla.—NASA’s Juno spacecraft has made the closest approach to Jupiter’s tantalizing, icy moon Europa in more than 20 years. Juno on Thursday zipped within approximately 219 miles (352 kilometers) of Europa, thought to have an ocean flowing beneath its thick frozen crust, raising the possibility of underwater life. Scientists hailed the flyby as…
Former Missouri Charity Executives Plead Guilty in Widespread Fraud Case
Two former Missouri-based non-profit executives pleaded guilty Thursday to their roles in a multimillion-dollar public scheme that involved embezzlement and bribing Arkansas elected officials, according to the Department of Justice (DOJ). Bontiea Bernedette Goss, 63, and her husband, Tommy Ray Goss, 66, received favorable legislative and official actions in return for bribes and kickbacks they, and…
America’s ‘Technical Recession’ Was Really Just the Beginning
Commentary In a matter of months, the future hasn’t just dimmed, it has gone black. Think back to the end of last year, or even the first few months of this year. The U.S. economy’s “technical recession” was a complete surprise. Even though gasoline and food prices had been pushed higher along with those for…
US Pledges $810 Million to Pacific Islands as ‘Enduring Commitment’ to Counter Beijing’s Influence
U.S. President Joe Biden on Sept. 29 announced US$810 million in new funding to Pacific Island nations over the next decade as the U.S. seeks to counter Beijing’s growing influence in the region. The meeting comes after Beijing and the Solomon Islands signed off on a security pact in April, which received strong pushback from…
Queensland Scraps Multi-Jurisdiction Land Tax Proposal
Queensland Premier Annastacia Palaszczuk has shelved a contentious proposal to introduce a nation-first multi-jurisdictional land tax after an apparent lack of support from her state counterparts. The proposal would have seen Queensland charge investors land tax based on the value of all their property holdings across the country, not just within the state, which is…
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