Benchmark U.S. crude oil for August delivery rose $2.06 to $73.86 a barrel Friday. Brent crude for September delivery rose $1.95 to $78.47 a barrel. Wholesale gasoline for August delivery rose 5 cents $2.59 a gallon. August heating oil rose 8 cents to $2.56 a gallon. August natural gas fell 3 cents to $2.58 per…
Closing Prices for Crude Oil, Gold, and Other Commodities (July 7)
July 7, 2023
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How Major US Stock Indexes Fared July 7
Wall Street drifted to a mixed close after data suggested the U.S. job market is still warm enough to keep the economy growing but maybe not so hot that it stokes inflation much higher. The S&P 500 gave up a midday gain and ended 0.3 percent lower Friday. The Dow fell 187 points, or 0.6…
[ATL:NOW] ‘China’s Economy Is in Big Trouble’—Miles Yu on Janet Yellen’s Trip to China
July 7, 2023
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American Thought LeadersAsia & PacificAustraliaBarack Obamabiden administrationBusiness & MarketsBusinesses in COVID-19ccp human rights abusesCCP VirusChina Business & EconomyChina Human RightsChina Newschina trade warChina-Australia Relationschina-hong kongChinese Regimeclimate changeClimate PoliciesCompanieseconomyEpochTVEuropeEurope-China RelationsFinance & Business TiesGlobal ExpansionHong KongHudson Institute ，China Center Director， Miles YuIndiaInside CCP OfficialdomINSIDE CHINAInternationalInternational RelationsInvestmentJanet YellenLive VideosMarketsMiles YumilitaryRussia-Ukraine Warsocial controlSouth China Sea & South East AsiaSpecial TopicsTaiwanThreat from Communist ChinaUSUS NewsUS-China relationsVideoWorld
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American Thought LeadersAsia & PacificAustraliaBarack Obamabiden administrationBusiness & MarketsBusinesses in COVID-19ccp human rights abusesCCP VirusChina Business & EconomyChina Human RightsChina Newschina trade warChina-Australia Relationschina-hong kongChinese Regimeclimate changeClimate PoliciesCompaniesEconomyEpochTVEuropeEurope-China RelationsFinance & Business TiesGlobal ExpansionHong KongHudson Institute ，China Center Director， Miles YuIndiaInside CCP OfficialdomINSIDE CHINAInternationalInternational RelationsInvestmentJanet YellenLive VideosMarketsMiles YumilitaryRussia-Ukraine WarSocial ControlSouth China Sea & South East AsiaSpecial TopicsTaiwanThreat from Communist ChinaUSUS NewsUS-China relationsVideoWorld
“China has been playing hard to get for the last several months and they would not talk. Now, they sort of relented. And so, they agreed to talk with American high-level cabinet members on matters that are vital to both nations’ economies. The reason why they relented is because China’s economy is in big trouble,…
More Than Wildfire Risk Causing Insurance Companies to Reconsider California: Experts
July 7, 2023
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Business & MarketsCaliforniaCalifornia Department of Insurancehome insuranceinflationNorthern CaliforniaPolicies & Impactsreal estateRegional & State NewsreinsuranceSouthern CaliforniaState FarmState NewsUSUS Newswildfire
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Property owners across the state have seen their policies dropped by insurance companies due to fire danger, but experts say the state’s regulations are more impactful than the risk posed by natural disasters. After State Farm and Allstate both declared in May they will no longer accept new homeowners’ policies in California, many property owners…
California Insurance Crisis Goes Beyond Wildfire Risk: Experts
July 7, 2023
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Business & MarketsCaliforniaCalifornia Department of Insurancehome insuranceinflationNorthern CaliforniaPolicies & Impactsreal estateRegional & State NewsreinsuranceSouthern CaliforniaState FarmState NewsUSUS Newswildfire
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Property owners across the state have seen their policies dropped by insurance companies due to fire danger, but experts say the state’s regulations are more impactful than the risk posed by natural disasters. After State Farm and Allstate both declared in May they will no longer accept new homeowners’ policies in California, many property owners…
Clear Signs US Jobs Market is Cooling: Analyst
July 7, 2023
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Business & MarketseconomyEpochTVFederal Reserveinflationjobslabor marketMarketsNTD Businessrecession
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The U.S. economy added 209,000 jobs last month. This is the lowest number of jobs added in over 2 years, and comes in below analyst expectations for the first time in 13 months. Is the U.S. economy’s growth slowing? Are the federal reserve’s interest rate hikes finally having an impact? NTD speaks with a labor…
Zuckerberg’s New ‘Threads’ App Already Censoring Speech
July 7, 2023
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Big Tech, Censorship, and SocialismBusiness & MarketscensorshipFeatured TopicsMark ZuckerbergPoliticsThreadsUSUS News
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Mark Zuckerberg’s new Threads app, billed by some as the “Twitter-killer,” has barely launched and it’s already being accused of censoring speech. The Meta CEO’s new platform has racked up 70 million sign-ups within a day of its launch, apparently putting it on track to threaten the dominance of Elon Musk’s Twitter. “70 million sign…
Google Will Record Everything Users Post Online to Train Its AI Products
July 7, 2023
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artificial intelligenceBusiness & MarketsCompaniesdata scrapingGoogleMedia & Big TechprivacySocial MediaTechTech News
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Google will record everything people post online in order to train its artificial intelligence products. On July 1, Google amended its privacy policy to allow it to scrape comments that posters put on the internet, to help it to hone its AI tools. The tech company’s plan to harvest and harness online public data is…
Tucker Carlson Responds to Point-Blank Question About Fox News Exit
Former Fox News host Tucker Carlson said in a new interview that he still doesn’t know why the company announced it was parting ways with him earlier this year. “I don’t know why I was fired. I really don’t. I’m not angry about it. I wish Fox well,” he told podcast host Russell Brand this…
Jobs Prints Lower Than Expected, Core Inflation Remains Stubborn
July 7, 2023
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Business & MarketsBusiness Columnistseconomic policieseconomyenergyFederal ReserveinflationjobsrecessionstagflationUSwages
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Commentary Total nonfarm payroll employment, relased this morning, increased by 209,000 in June, and the unemployment rate changed little at 3.6 percent. Just 149,000 of those jobs were in the private sector; 60,000 were in government. Revisions from April and May resulted in 110,000 fewer jobs than originally reported for those two months. That’s the…
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