Category: Business & Economy

Reserve Bank of Australia Hints at First Interest Rate Hike in Over a Decade

April 19, 2022
AustraliaAustralian Cash rateAustralian inflationBusiness & Economyeconomic policiesinflationRBAWorld
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The Reserve Bank of Australia (RBA) is no longer reiterating its willingness “to be patient,” a line that previously replaced its guidance that the cash rate would not rise before 2024, meaning an interest rate hike may be on the horizon. In the RBA board minutes for April, it was noted that both inflation and…

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Supply Chain Woes to Worsen in Summer Months: Trucking Company

April 19, 2022
Business & EconomyCCP VirusChinaChina Business & EconomyCompanieseconomyEditor's PicksINSIDE CHINAJ.B. Huntshanghai lockdownsupply chainUSUS News
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The United States may experience much worse supply chain pains in the coming summer months because of the massive lockdowns ongoing in China, a large trucking company warned. “We do forecast that to get a lot worse as we come into the summer months, particularly with what’s happening in the supply chain from an ocean…

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US Home Prices Rise in March, Building Permits Increase Due to Housing Shortage

April 19, 2022
Business & Economyeconomyhousing developmenthousing marketInvestmentMarketsreal estateu.s. real estateUSUS Real Estate
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Home construction in the United States rose in March 2022, but starts for single-family housing fell amid rising mortgage rates across the country, with residential construction marked by a severe shortage of houses. Housing starts—an indicator of the number of private homes in a given period of time on which construction has begun—increased by 0.3 percent…

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EXCLUSIVE: Google Censors Watch Company’s Ad Proclaiming ‘Womanhood Is a Birthright’: Labels Video as ‘Election Advertising’

April 19, 2022
Big Tech, Censorship, and SocialismBusiness & Economycancel cultureCompaniesFeatured TopicsMedia & Big Technon-binaryPoliticsSocial IssuestransgenderUSUS News
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According to a watch company CEO who has created videos supporting police, rejecting the idea of toxic masculinity, and proclaiming “womanhood is a birthright,” Google is actively censoring his ads by labeling them as “election advertising.” Ilan Muallem Srulovicz is the CEO and Founder of Égard Watch Company, a Florida-based high-end timepiece and jewelry firm. Srulovicz…

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EXCLUSIVE: Google Censors Ad Proclaiming ‘Womanhood Is a Birthright,’ Labels It ‘Election Advertising’

April 19, 2022
Big Tech, Censorship, and SocialismBusiness & Economycancel cultureCompaniesFeatured TopicsMedia & Big Technon-binaryPoliticsSocial IssuestransgenderUSUS News
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According to a watch company CEO who has created videos supporting police, rejecting the idea of toxic masculinity, and proclaiming “womanhood is a birthright,” Google is actively censoring his ads by labeling them as “election advertising.” Ilan Muallem Srulovicz is the CEO and Founder of Égard Watch Company, a Florida-based high-end timepiece and jewelry firm. Srulovicz…

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Yellen Highlights Ukraine War’s Impact on Food Insecurity During Summit With IMF, World Bank

April 19, 2022
Business & Economyeconomyfood shortage crisisGroup of Twenty (G20)hunger alleviationSecretary of Treasury Janet YellenWorld
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Russia’s attack on Ukraine is creating a global food crisis, U.S. Treasury Secretary Janet Yellen said during a meeting on food insecurity with representatives from the International Monetary Fund (IMF), the International Fund for Agricultural Development (IFAD), and the World Bank. Even before the Russia–Ukraine war, more than 800 million people, representing 10 percent of…

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Jen Psaki Must Be Investigated for ‘Conflict of Interest’: Watchdog

April 19, 2022
Business & EconomyCompaniesDemocratsExecutive BranchJen PsakiMedia & Big TechMSNBCPoliticsUSUS News
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A watchdog group has demanded that the federal government investigate whether White House press secretary Jen Psaki violated ethical obligations as she was reportedly being tapped to work at MSNBC. Psaki and the White House have declined to confirm reports that she signed a contract to join the left-wing cable news network after she departs…

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China’s Alibaba Tightens Grip on Southeast Asia

April 19, 2022
2C2PAlibabaAlipayAnt GroupBusiness & EconomyBusiness ColumnistsChinaChina Business & EconomyOpinionThinking About China
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News Analysis China’s biggest e-commerce provider, Alibaba Group, is extending its digital payments—and information gathering—into southeast Asia. With a planned majority ownership of the 2C2P payments network, Alibaba’s Ant Group will increase its global payments reach, particularly in Singapore, Thailand, and Malaysia. That’s a threat to America, because China’s financial services expansion in southeast Asia…

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Federal Reserve May Raise Interest Rate by 75 Points, Says Official

April 19, 2022
75 basis pointsBusiness & Economyeconomic policieseconomyhigh inflationinflationU.S. Federal ReserveUSUS News
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The U.S. central bank may hike interest rates by up to 75 points due to the high rate of inflation, according to James Bullard, president of the St. Louis Federal Reserve Bank who also added that he does not expect such an increase to occur right away. Bullard pointed to Fed’s 75-point interest rate hike…

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Elon Musk Snapping Up Twitter: Free Speech Revival or Socialist Expansion?

April 19, 2022
Big Tech, Censorship, and SocialismBusiness & EconomyCompaniesElon MuskFeatured TopicsMedia & Big TechUSUS News
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While some feel that tech mogul Elon Musk’s recent 9.2 percent Twitter stock purchase and his offer to buy Twitter outright is a sign that the restoration of free speech could return to the platform, to others, Musk is a threat to the left’s control of the platform. Speaking at a TED event in Vancouver, Canada, on April…

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