Tag: economic policies

Democrats Back Corporations as GOP Punishes Them

March 2, 2023
Business & MarketsCharles Schumereconomic policieseconomyenergyESGGov. Ron DeSantispension plansPolicies & ImpactsPoliticsretirement savingsUSUS News
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News Analysis The ideological clash about how much control government should have over private companies was encapsulated yesterday in two Wall Street Journal op-ed pieces that many readers might find surprisingly contradictory. The first, written by Senate Majority Leader Chuck Schumer (D-N.Y.), rails against government intervention in corporate affairs; the second, by Republican Florida Gov….

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S&P 500, Nasdaq Fall as Yields Rally

March 2, 2023
Business & MarketsCompanieseconomic policieseconomyinflationMarketsrecessionstocksUS
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The S&P 500 and the Nasdaq opened lower on Thursday as the 10-year Treasury yield surged above 4 percent on bets of tighter monetary policy for a longer period, while Tesla fell after it gave few details on its affordable electric vehicle. The Dow Jones Industrial Average rose 119.13 points, or 0.36 percent, at the…

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Majority of American Taxpayers Are Anxious About Their IRS Refunds

March 2, 2023
Business & Marketseconomic policieseconomyinflationIRSpersonal financePolicies & Impactstax rebatetax seasonUSUS News
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A majority of American taxpayers are anxious about their Internal Revenue Service (IRS) refunds this year, as they expect to see lower amounts. As tax season quickly approaches, millions of American are stressed out about their filings this year, as the economy is in the period of high inflation. At least 69 percent of those…

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Eurozone Inflation Eases in February but Core Prices Surge

March 2, 2023
Business & Marketseconomic policieseconomyenergyEuropeeurozoneGold and CommoditiesinflationMarketsWorld
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FRANKFURT—Eurozone inflation fell less than expected last month and underlying price growth surged, reinforcing the case for the European Central Bank to keep raising interest rates at a brisk pace, data from Eurostat showed on Thursday. Consumer price inflation in the 20 countries sharing the euro currency eased to 8.5 percent in February from 8.6…

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Euro Falls Against the Dollar After Eurozone Inflation Data

March 2, 2023
Business & Marketscryptocurrencyeconomic policieseconomyForexglobalinflationMarketsrecessionstocks
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LONDON—The euro fell against the dollar on Thursday after data showed inflation in the eurozone was not as high as investors had feared based on national readings in recent days. Eurozone inflation eased to 8.5 percent in February from 8.6 percent a month earlier on lower energy prices, but still came in above a predicted…

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Oil Gains on China Growth, but European Inflation Weighs

March 2, 2023
Business & Marketseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsOilrecessionstocks
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LONDON—Oil edged higher on Thursday, though gains made on signs of a strong economic rebound in top crude importer China were kept in check by fears over the impact of potential increases to European interest rates. Brent crude futures rose 43 cents, or 0.51 percent, to $84.74 a barrel by 1017 GMT. U.S. West Texas…

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Global Stocks Lower After Inflation Fuels Rate Fears

March 2, 2023
Business & MarketsCompanieseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsrecessionstocks
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BEIJING—Global stock markets declined Thursday after signs of enduring upward pressure on U.S. and European prices raised expectations that interest rates will stay higher for longer. London, Shanghai, Frankfurt, and Tokyo retreated. Oil prices fell. Wall Street futures were lower after a survey showed prices paid by U.S. manufacturers rose in February for the first…

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Biden Wants His Record Out There as 2024 Approaches

March 2, 2023
20242024 electionbidenBusiness & MarketsDemocratseconomic policieseconomyExecutive BranchKevin McCarthyPolicies & ImpactsPoliticsUSUS News
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As Democrats quietly speculate about the upcoming presidential race, President Joe Biden on March 1 stressed unity and his party’s legislative record during the past Congress–but he didn’t come closer to stating his intentions for 2024. “If we did nothing–nothing–but implement what we’ve already passed, and let the people know who did it for them,…

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Senate Budget Committee Mulls Climate Risk to US Coastline Communities and Regions

March 1, 2023
Business & Marketsclimate changecoastlinecongressDemocratseconomic policieseconomyenergyEnvironmentfloodPolicies & ImpactsPoliticsRepublicansScienceSenateUSUS FeaturesUS News
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The Senate Budget Committee on March 1 heard testimony on the costs U.S. coastal communities may be facing because of shifts in the Earth’s climate. “Coastal communities will become harder places to live and work, and real estate values and local tax bases will decline,” predicted Sen. Sheldon Whitehouse (D-R.I.), who now chairs the committee,…

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PREMIERING 3/2 at 7:30PM ET: Jeffrey Tucker: $6 Trillion Created Unprecedented Inflation, All to Feed the ‘Lockdown Machine’

March 1, 2023
American Thought LeadersbidenBiden adminbiden administrationBiden Inflationbrownstone instituteBusiness & MarketsBusinesses in COVID-19CCP VirusCompaniesCoronavirus In-DepthCOVID Economycritical race theoryeconomic policieseconomicseconomyEducation & Family NewsenergyEpochTVFederal Reserveinflationjeffrey tuckerJoe BidenLive VideosMarketsMedia & Big Techpersonal financePolicies & ImpactsrecessionUSVaccines & SafetyVideo
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“While we slept—while we thought the world was just fine—what was actually happening was a tremendous distortion of the production structures.” I sit down with Jeffrey Tucker, senior economics columnist for The Epoch Times and founder and president of The Brownstone Institute. Tucker says labor supply problems are approaching catastrophic levels with historically low worker-to-population…

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