Tag: economic policies

Chaotic Week in Global Central Banking as Recession Forces Itself Into the Conversation

November 8, 2022
Business & MarketsBusiness ColumnistsCentral Bankingeconomic policieseconomyglobal economyinflationOpinionrecessionViewpointsWorld
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Commentary  It began in Australia when its central bank publicly and clearly stated its quandary. Consumer prices are rising too quickly there as elsewhere, yet more and more it appears as if those prices are leading the country, like the rest of the world, into dark recession. What to do as a central banker? The…

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Long Arm of Bureaucracy Causing Trouble For Farmers in the State of Jefferson

November 8, 2022
Business & MarketsCaliforniaconstitutional rightsDefending Americaeconomic policieseconomyEnvironmentFeatured TopicsFederal-State RelationsGavin NewsomGold and CommoditiesMarketsPolicies & ImpactsScienceState of JeffersonUSUS NewsValues and TraditionWater
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If you look carefully, you’ll spot it all over the place in rural Siskiyou County, California—on flags, on banners, and even on bumper stickers. Two ‘Xs’ in a yellow circle symbolize what supporters see as the double-crossing governments of Oregon and California. Words encircle the double-crosses: “The Great Seal of State of Jefferson.” The movement…

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Is the Federal Reserve Going Bankrupt?

November 8, 2022
Business & MarketsBusiness Columnistseconomic policieseconomyFederal Reserveinflationinterest ratesPolicies & ImpactsrecessionUSUS News
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Commentary  How can a bank with the power to create money out of thin air manage to lose money and become insolvent? The Federal Reserve can do it. Here is how. The Fed is losing money at an accelerating rate. Based on generally accepted accounting principles (GAAP), the Fed soon could soon be considered insolvent….

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Midterm Elections Could Bring Higher Taxes In Some States: What Voters Need to Know

November 8, 2022
2022 Midterm ElectionsArizona Proposition 132billionaires taxBusiness & MarketsColorado Proposition 121Colorado Proposition FFeconomic policieseconomyinflationMassachusetts Question 1personal financePolicies & ImpactsPoliticstax policytax the richUS
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As Americans head to polls in one of the highest turnouts for midterm elections, several major issues are on the table, such as tax policy changes that will have a significant impact on Americans’ personal financial situations. Tax policy involves everyone from the average earner to the richest Americans, and accounts for deductions and incentives,…

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Wall Street Opens Higher as Voting in Midterm Election Begins

November 8, 2022
Business & Marketseconomic policieseconomyinflationMarketsrecessionstocksUS
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U.S. stock indexes opened higher on Tuesday as voting began in the crucial midterm election that will determine control of Congress, with investors hoping for a political gridlock that could prevent radical policy changes. The Dow Jones Industrial Average rose 107.56 points, or 0.33 percent, at the open to 32,934.56. The S&P 500 opened higher…

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Americans Already Struggling to Pay Bills Amid Inflation Brace for a Surge in Winter Heating Costs

November 8, 2022
Business & Marketsdifficult wintereconomic policieseconomyenergyheating billshigh inflationHome Heatinginflationpersonal financepublic utilitiesUS
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With the winter season only a few weeks away, Americans are facing the prospect of having to pay high heating costs in order to stay warm, something which many believe will add pressure on people who are already struggling with elevated inflation rates. According to Mark Wolfe from the nonprofit National Energy Assistance Directors Association…

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Dollar Stems Losses as Investors Eye US Midterms

November 8, 2022
Business & Marketscryptocurrencyeconomic policieseconomyForexglobalinflationMarketsrecessionstocks
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SINGAPORE/LONDON—The dollar steadied on Tuesday as traders looked ahead to U.S. midterm elections, and as excitement dimmed around China relaxing coronavirus restrictions, which had been boosting investor sentiment and weighing on the safe haven U.S. currency. A conclusive result to the midterms could take days, but forecasts are for a Republican victory, at least in…

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Oil Prices Dip on China Demand Worries

November 8, 2022
Business & Marketseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsOilrecessionstocks
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LONDON—Oil prices slipped on Tuesday as recession concerns and worsening COVID-19 outbreaks in top crude importer China heightened fears of lower fuel demand. Brent crude fell 84 cents, or 0.9 percent, to $97.08 a barrel by 1006 GMT while U.S. West Texas Intermediate (WTI) crude fell 96 cents, or 1 percent, to $90.83. Both benchmarks…

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Markets in Holding Pattern Ahead of Election, Inflation Data

November 8, 2022
Business & Marketseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsrecessionstocks
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Wall Street is essentially flat before the opening bell Tuesday with Americans heading to the polls to vote in the midterm elections that are being heavily influenced by inflation, with more data on that front arriving this week. Futures for the S&P 500 moved 0.16 percent higher, and the Dow Jones Industrial Average rose 0.13…

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Soaring Inflation and Wobbly Economy Top of Mind for Voters as Election Day Dawns

November 8, 2022
2022 Midterm ElectionsBusiness & Marketseconomic policieseconomyElection DayinflationPoliticsUSUS News
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The midterm elections seem to be coming down to how Americans feel about soaring inflation and a wobbly economy, the latest polls show, defying messaging from President Joe Biden and the Democrats, who have sought to drum up voter interest in issues like abortion rights, threats to democracy, and climate change. The latest survey from…

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