Tag: economic policies

Famous Scholars Call for End to Academic Censorship

November 8, 2022
Business & Marketscancel culturecensorshipeconomic policiesEducation & Family NewsFeatured TopicsJohn CochranePolicies & ImpactsSocial IssuesStanford UniversityUS
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Palo Alto, California, known as the “birthplace of Silicon Valley,” hosted on Nov. 4 to 5 a conference in favor of free speech. This comes in response to what some prominent professors are calling a “loss of academic freedom” that is underway at many Western universities. A Canadian professor, Patrick Provost, was suspended in June for…

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Consumer Confidence in US Housing Market Plunges to Record Low, Says Fannie Mae

November 7, 2022
Business & Marketsconsumer confidenceeconomic policieseconomyFannie Maehousing marketinflationMarketsmortgage ratesreal estaterecessionUSUS NewsUS Real Estate
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Consumer confidence in the American housing market plunged to record low last month, according to a new survey. Growing mortgage rates, higher home prices, and economic instability have led to increased pessimism in the housing market nationwide. Only 16 percent of consumers surveyed said that they would consider buying a home in October, according to…

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Federal Agencies Become ESG Activists

November 7, 2022
Anti-ESGBiden administration's climate agendaBusiness & Marketseconomic policiesenergyESGESG (environmentalinflationMarketsUSUS News
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News Analysis House Republicans produced a 1,000-page report on Nov. 4 detailing how the Department of Justice and the Federal Bureau of Investigation have shifted their focus toward targeting conservative Americans who protest at abortion clinics and parents who protest at school board meetings. But the politicization of federal law enforcement is just the tip…

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Europe Blames Washington of WTO Violation Following Incentives on Green Energy

November 7, 2022
Business & Marketseconomic policieseconomyenergyEuropegreen energyinflationInternationalPolicies & ImpactsUSWashingtonWorldWTO
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The European Union (EU) has sent its first formal response against the U.S. Inflation Reduction Act (IRA) due to the billions of dollars worth of tax credits and subsidies set aside for local manufacturers. The IRA provides $369 billion in funds to climate and green energy policies, including tax credits to electric cars made in…

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Europe Blames Washington of WTO Violation Over Green Energy Incentives

November 7, 2022
Business & Marketseconomic policieseconomyenergyEuropegreen energyinflationInternationalPolicies & ImpactsUSWashingtonWorldWTO
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The European Union (EU) has sent its first formal response against the U.S. Inflation Reduction Act (IRA) due to the billions of dollars worth of tax credits and subsidies set aside for local manufacturers. The IRA provides $369 billion in funds to climate and green energy policies, including tax credits to electric cars made in…

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Elon Musk Says He’s Committed to Free Speech Even at Risk of ‘Direct Personal Safety’

November 7, 2022
Business & MarketsCompanieseconomic policiesElon Muskfree speechMedia & Big TechSocial MediaTechTwitterUSUS News
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Elon Musk said late Sunday that Twitter’s mission is to become the most accurate source of information about the world, while reiterating his commitment to free speech even if it comes at “personal safety risk” to himself. Musk, a self-described free speech “absolutist,” took to Twitter on late Sunday to reiterate his pledge for open discourse…

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Wall Street Opens Higher With Focus on Midterm Elections

November 7, 2022
Business & Marketseconomic policieseconomyinflationMarketsrecessionstocksUS
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Wall Street’s main indexes opened higher on Monday following a rollercoaster week, with investor focus shifting to Tuesday’s midterm elections that will determine control of Congress. The Dow Jones Industrial Average rose 50.88 points, or 0.16 percent, at the open to 32,454.10. The S&P 500 opened higher by 10.16 points, or 0.27 percent, at 3,780.71,…

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Dollar Sinks, Sterling Jumps as Market Turns to Risk Assets

November 7, 2022
Business & Marketseconomic policieseconomyForexglobalinflationMarketsrecessionstocks
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LONDON/SINGAPORE—The U.S. dollar sank on Monday against the euro and sterling supported by a risk on sentiment and a rally in the European stocks market. A survey showed on Monday that investor morale in the eurozone improved in November, the first time it rose in three months, reflecting hopes that recent warmer temperatures and falling…

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Oil Stable Below $100/bbl as Market Balances Chinese Data

November 7, 2022
Business & Marketseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsOilrecessionstocks
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LONDON—Oil prices were stable on Monday, hovering close to $100 a barrel as support from a weaker dollar and recovering Chinese crude imports met renewed demand concerns linked to China’s stringent COVID-19 containment approach. Brent crude futures rose by 6 cents, or 0.06 percent to $98.63 a barrel at 1026 GMT. U.S. West Texas Intermediate…

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Global Benchmarks Advance as Markets Watch China, Inflation

November 7, 2022
Business & Marketseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsrecessionstocks
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TOKYO—Global stocks mostly advanced Monday as investors weighed uncertainties such as the U.S. midterm elections. Oil prices fell and U.S. futures edged lower. France’s CAC 40 lost 0.4 percent to 6,391.90 in early trading, while Germany’s DAX edged up nearly 0.1 percent to 13,470.68. Britain’s FTSE 100 rose nearly 0.1 percent to 7,340.85. The future…

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