Tag: economic policies

LIVE NOW: Biden Delivers Remarks on Infrastructure

President Joe Biden delivers remarks on expanding good-paying jobs in broadband, construction, and manufacturing. * Click the “Save” button below the video to access it later on “My List.” Follow EpochTV on social media: Twitter: https://twitter.com/EpochTVus Rumble: https://rumble.com/c/EpochTV Truth Social: https://truthsocial.com/@EpochTV Gettr: https://gettr.com/user/epochtv Facebook: https://www.facebook.com/EpochTVus Gab: https://gab.com/EpochTV Telegram: https://t.me/EpochTV …


Federal Rules, Regulations Surged 45 Percent Under Biden in 2021: Report

A book of federal rules and regulations was expanded by 45 percent in 2021, according to a new report from the Competitive Enterprise Institute (CEI). Last year, the Biden administration added 4,429 new rules (pdf) to the Federal Register, a public record containing regulatory documents for general applicability and legal effect. The last time this…


Wall Street Opens Lower With Focus on Fed Rate Decision

Wall Street’s main indexes opened lower on Wednesday, ahead of an interest rate decision by the Federal Reserve, as a jump in private payrolls fueled fears that the central bank would not temper its aggressive stance on future rate hikes. The Dow Jones Industrial Average fell 76.92 points, or 0.24 percent, at the open to…


Oil Prices Slip Ahead of Fed, US Crude Stockpiles Seen Falling

LONDON—Oil prices slipped on Wednesday ahead of an expected rate hike by the Federal Reserve, but found a floor as market participants eyed falling U.S. crude stockpiles and upcoming European sanctions on Russian barrels. Brent crude dipped 56 cents, or 0.6 percent, to $94.09 a barrel by 1027 GMT, while U.S. West Texas Intermediate (WTI)…


Dollar Falls as Fed Decision Looms, Yen and Real Gain

LONDON/TOKYO—The dollar slipped on Wednesday as investors awaited a Federal Reserve policy decision amid speculation it might indicate a slowdown in future rate hikes. The central bank will release its policy statement at 2 p.m. EDT (1800 GMT), with investors widely expecting a 75 basis points (bps) rate hike, the fourth such increase in a…


Caution Creeps Into World Stocks as Fed Gets Ready to Hike Big Again

LONDON—European shares dipped and U.S. stock futures were mixed on Wednesday as a note of caution crept into world stock markets as the U.S. Federal Reserve looked set to deliver its fourth, 75 basis points interest rate increase. Another aggressive rate hike to contain hot inflation when the Fed concludes its two-day meeting later is…


US Job Openings Rise in September as Fed Plans Another Large Rate Hike

Job openings in the United States continued to expand last month, despite efforts by the Federal Reserve to slow the economy down and lower record high inflation with massive interest rate hikes. There were 10.7 million job openings at the end of September, a rise from August’s reading of 10.1 million, according to the Department…


‘Maternity Leave’ Jettisoned for ‘Birth-Related Leave’ in Queensland, Australia

Queensland employers will no longer be allowed to use the terms “maternity leave” or “her” and will instead be forced to adopt gender-neutral terms “long birth-related leave” and “pregnant employee.”  Criticism has been ongoing for months after the Palaszczuk government introduced several amendments to the state’s Industrial Relations Act 2016. The new provisions aim to promote…


US Treasury Issues New Guidance for Price Caps on Russian Oil

The Department of the Treasury recently issued new guidance for price caps on Russian oil, in order to keep energy markets calm. The announcement by Washington is intended to provide breathing room for energy traders and shipping companies, as it attempts to reassure the markets about its new round of sanctions. The Treasury announced, on Oct. 31,…


Oil Industry Group Slams Biden’s Threats of Windfall Taxes, Restrictions

The industry group representing America’s oil industry slammed President Joe Biden’s recent statements threatening windfall taxes and restrictions on oil companies. Biden attacked major U.S. oil companies at a White House press conference on Oct. 31, instructing them to invest more into boosting domestic oil production and to lower consumer prices—or else face possible restrictions….