NEW YORK—U.S. stocks drifted higher Tuesday amid a vacuum of market-moving data, nudging Wall Street closer to the edge of what’s called a bull market. The S&P 500 rose 10.06 points, or 0.2 percent, to 4,283.85. It’s just 0.2 percent away from finishing a day 20 percent above where it was in mid-October, as a…
Stock Market Today: Wall Street Inches Higher Toward Edge of Bull Market
Closing Prices for Crude Oil, Gold, and Other Commodities (June 6)
June 6, 2023
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Benchmark U.S. crude oil for July delivery fell 41 cents to $71.74 a barrel Tuesday. Brent crude for August delivery fell 42 cents to $76.29 a barrel. Wholesale gasoline for July delivery rose 4 cents $2.56 a gallon. July heating oil fell 1 cent to $2.37 a gallon. July natural gas rose 1 cent to…
How Major US Stock Indexes Fared June 6
Stocks drifted on Wall Street amid a vacuum of market-moving data. The S&P 500 rose 0.2 percent Tuesday. The Dow Jones Industrial Average closed up 10 points while the Nasdaq added 0.4 percent. Banks were some of the bigger gainers, recovering from their struggles earlier this year after high interest rates helped cause several high-profile…
Merck Sues Biden Administration Over ‘Sham’ Drug Price Negotiation Program
Merck & Co. filed a lawsuit against the U.S. government on June 6, saying that Medicare’s new program, established under the Inflation Reduction Act (IRA), is a “sham” that violates the First and Fifth Amendments of the U.S. Constitution. President Joe Biden signed the IRA into law in August of last year, allowing Medicare to…
[PREMIERING 7:30PM ET] David Stockman: Debt Default, the ‘Doomsday Budget Machine,’ and Failed Fiscal Restraint Explained
June 6, 2023
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American Thought LeadersbidenBusiness & MarketsBusinesses in COVID-19CCP VirusCompaniesDavid Stockmandebt ceilingdebt crisisDebt Limit BillDemocratsDonald Trumpeconomic policieseconomyEpochTVExecutive BranchFederal Reservehigh inflationHouse Majority Leader Kevin McCarthyinflationinterest ratesLive VideosMarketsMedia & Big Techpersonal financePolicies & ImpactsPoliticspublic debtRepublicansUSUS NewsVideo
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American Thought LeadersbidenBusiness & MarketsBusinesses in COVID-19CCP VirusCompaniesDavid Stockmandebt ceilingdebt crisisDebt Limit BillDemocratsDonald Trumpeconomic policiesEconomyEpochTVExecutive BranchFederal Reservehigh inflationHouse Majority Leader Kevin McCarthyinflationinterest ratesLive VideosMarketsMedia & Big Techpersonal financePolicies & ImpactsPoliticspublic debtRepublicansUSUS NewsVideo
“For capitalism to work, you have to have effectively functioning, solid capital markets. And in order to do that, you need savings—real savings, not money printed by a central bank, but real savings from businesses and households,” says David Stockman, who served as budget director for President Ronald Reagan. “Back then, the public debt was 30-40…
[PREMIERING NOW] David Stockman: Debt Default, the ‘Doomsday Budget Machine,’ and Failed Fiscal Restraint Explained
June 6, 2023
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American Thought LeadersbidenBusiness & MarketsBusinesses in COVID-19CCP VirusCompaniesDavid Stockmandebt ceilingdebt crisisDebt Limit BillDemocratsDonald Trumpeconomic policieseconomyEpochTVExecutive BranchFederal Reservehigh inflationHouse Majority Leader Kevin McCarthyinflationinterest ratesLive VideosMarketsMedia & Big Techpersonal financePolicies & ImpactsPoliticspublic debtRepublicansUSUS NewsVideo
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American Thought LeadersbidenBusiness & MarketsBusinesses in COVID-19CCP VirusCompaniesDavid Stockmandebt ceilingdebt crisisDebt Limit BillDemocratsDonald Trumpeconomic policiesEconomyEpochTVExecutive BranchFederal Reservehigh inflationHouse Majority Leader Kevin McCarthyinflationinterest ratesLive VideosMarketsMedia & Big Techpersonal financePolicies & ImpactsPoliticspublic debtRepublicansUSUS NewsVideo
“For capitalism to work, you have to have effectively functioning, solid capital markets. And in order to do that, you need savings—real savings, not money printed by a central bank, but real savings from businesses and households,” says David Stockman, who served as budget director for President Ronald Reagan. “Back then, the public debt was 30-40…
David Stockman: Debt Default, the ‘Doomsday Budget Machine,’ and Failed Fiscal Restraint Explained
June 6, 2023
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American Thought LeadersbidenBusiness & MarketsBusinesses in COVID-19CCP VirusCompaniesDavid Stockmandebt ceilingdebt crisisDebt Limit BillDemocratsDonald Trumpeconomic policieseconomyEpochTVExecutive BranchFederal Reservehigh inflationHouse Majority Leader Kevin McCarthyinflationinterest ratesLive VideosMarketsMedia & Big Techpersonal financePolicies & ImpactsPoliticspublic debtRepublicansUSUS NewsVideo
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American Thought LeadersbidenBusiness & MarketsBusinesses in COVID-19CCP VirusCompaniesDavid Stockmandebt ceilingdebt crisisDebt Limit BillDemocratsDonald Trumpeconomic policiesEconomyEpochTVExecutive BranchFederal Reservehigh inflationHouse Majority Leader Kevin McCarthyinflationinterest ratesLive VideosMarketsMedia & Big Techpersonal financePolicies & ImpactsPoliticspublic debtRepublicansUSUS NewsVideo
“For capitalism to work, you have to have effectively functioning, solid capital markets. And in order to do that, you need savings—real savings, not money printed by a central bank, but real savings from businesses and households,” says David Stockman, who served as budget director for President Ronald Reagan. “Back then, the public debt was 30-40…
Chicago Walgreens Restricts Unlocked Aisles to Two Due to Crime
June 6, 2023
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Business & MarketsChicagoCompaniesCrime & Public SafetyCrime and Incidentseconomic policieseconomyIllinoisInvestmentMarketsRegional & State NewsShopliftingSocial IssuesState NewsUSUS NewsWalgreens
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A Walgreens in Chicago redesigned a store that would allow customers to browse only two aisles of products because of crime. Customers can only access those shelfs after they pass through anti-theft detectors. “Non-essential” items can only be ordered digitally from kiosks and later picked up at a counter as part of a pilot program, according…
Legacy Media Illegally Colluded With Big Tech to Censor News Publishers: Lawsuit
Some of the oldest media organizations in the world illegally colluded with Big Tech companies to censor news publishers, according to a new lawsuit. Reuters, the Associated Press, the BBC, and the other organizations violated U.S. law with the collusion, which was done after forming a new coalition called the Trusted News Initiative (TNI), the…
Congress Bill Wants AI Content to Be Labeled
June 6, 2023
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AIartificial intelligenceBusiness & MarketsCompaniescongressEUMedia & Big TechPoliticsregulationTechUS
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Content created by Artificial intelligence (AI) could soon be labeled as such, as a bill has been prepared in Congress for its regulation. Rep. Ritchie Torres (D-N.Y.) is planning to introduce a bill that will require any content produced by AI—whether it be text, image, or video—to have a disclaimer attached to it informing that…
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