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2024-09-18 10:18:36

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#note16a0…3z67

2024-09-18 10:18:25

Harris Understands Tackling Climate Change Is Good Business | Opinion
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Kamala Harris debated Donald Trump on September 11, 2024, emphasizing the importance of climate change for the economy; The election outcome will determine America's leadership in clean technology; Harris's plan supports innovation and job creation, while Trump's plan risks economic decline; The Inflation Reduction Act (IRA) allocated nearly $346 billion for climate solutions, creating 330,000 jobs; By 2030, the clean energy market is projected to be worth $650 billion annually, with jobs doubling to 14 million; China is rapidly advancing in clean energy, threatening U.S. competitiveness; The article argues for Harris's vision over Trump's outdated approach.
#KamalaHarris #DonaldTrump #ClimateChange #Economy #CleanEnergy #InflationReductionAct #Innovation #Jobs #China #2024Election
https://www.newsweek.com/kamala-harris-understands-tackling-climate-change-good-business-opinion-1955408

2024-09-18 09:37:55

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#note16wu…xyqp

2024-09-18 09:37:44

2024-09-17 19:51:03

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#note1hry…fzs4

2024-09-17 19:50:51

U.S. retail sales tick up in boost to economy
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Retail sales increased by 0.1% from July to August 2024; this follows a significant surge marking the highest growth in 18 months; online retailers, sporting goods, and home and garden stores reported stronger sales; average wages for lower-income Americans have risen since the pandemic; inflation eased to a three-year low of 2.5%; the Federal Reserve is expected to cut interest rates in upcoming meetings; consumer spending remains robust despite rising credit card debt and decreasing savings; retail sales data shows online sales up by 1.4%, while restaurant spending was flat; gas station sales declined by 1.2%; the U.S. economy grew by 2.5% in Q3 2024 according to the Atlanta Fed; many consumers are shifting to discount retailers due to inflation pressures.
#RetailSales #Economy #Inflation #FederalReserve #ConsumerSpending #InterestRates #Q3Growth #DiscountRetailers #Wages #EconomicPolicy
https://www.newsweek.com/us-retail-sales-economy-federal-reserve-interest-rates-1955161

2024-09-16 19:02:44

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#note1sf0…q3zd

2024-09-16 19:02:44

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#note1sf0…q3zd

2024-09-16 19:02:33

Trump Must Include Truckers in His Plan to Nix Taxes on Overtime | Opinion
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Former President Trump announced a plan to remove income tax on overtime wages at a rally in Tucson, Arizona on September 9, 2024; he emphasized the importance of supporting hardworking citizens; however, truck drivers, who number around 3 million, are excluded from overtime pay due to a 1938 exemption in the Fair Labor Standards Act; the Guaranteeing Overtime for Truckers Act aims to rectify this but is stalled in Congress; truckers typically work 60-70 hours a week and have seen wages stagnate since 1980; the article argues that combining Trump's proposal with the GOT Act would benefit truckers and the economy; Truck Driver Appreciation Week is mentioned as a time to advocate for policy changes.
#Trump #Overtime #TruckDrivers #LaborRights #Economy #FairLaborStandardsAct #GuaranteeingOvertimeForTruckersAct #WorkingClass #Policy #Inflation
https://www.newsweek.com/trumps-proposal-remove-taxes-overtime-almost-perfecthe-just-needs-include-truckers-opinion-1954663

2024-09-16 19:02:33

2024-09-14 20:46:17

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#note1cnk…xw48

2024-09-14 20:46:06

Kamala Harris gets good news from economists: New survey
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Vice President Kamala Harris, the Democratic presidential nominee, received positive feedback from economists regarding her economic agenda in a survey published on September 14, 2024. The survey, conducted by the Financial Times and the University of Chicago Booth School of Business, indicated that 70% of economists believe Donald Trump's economic policies would be more inflationary, while only 3% said the same about Harris. Additionally, 70% of economists predicted larger federal budget deficits under Trump's platform compared to 11% for Harris. Harris aims to expand tax deductions for small businesses, restore the child tax credit, and lower housing costs, funded by raising taxes on the wealthy. Trump plans to continue 2017 tax cuts and impose tariffs on imports. Public opinion is mixed, with a YouGov poll showing 34% of Americans think Harris's tax plan would increase the national deficit more than Trump's, and a Pew Research Center poll indicating 55% of registered voters have confidence in Trump's economic decision-making compared to 45% for Harris.
#KamalaHarris #DonaldTrump #Economy #Inflation #FederalBudget #TaxPolicy #PublicOpinion #2024Election #Economists #Surveys
https://www.newsweek.com/kamala-harris-donald-trump-economic-policies-survey-1953940

2024-09-13 17:10:40

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#note1g7w…zg67

2024-09-13 17:10:29

US Outlook on Economy Improves for Second Straight Month
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Americans' outlook on the U.S. economy improved for the second straight month; University of Michigan's consumer sentiment index rose to 69 in September from 67.9 in August, the highest since May; Joanne Hsu noted improvement in buying conditions for durables; consumer sentiment index peaked at 9.1% inflation in June 2022; index has increased by about 40% since then; uncertainty remains due to the upcoming presidential election between Kamala Harris and Donald Trump; GDP grew at 3% annual pace in April-June quarter; retail sales increased by 1% in July; concerns over rising credit card debt and reduced savings may impact future spending; Federal Reserve expected to cut benchmark rate by a quarter-point next week.
#Economy #ConsumerConfidence #Inflation #Gdp #PresidentialElection #KamalaHarris #DonaldTrump #FederalReserve #RetailSales #DurableGoods
https://www.newsweek.com/consumer-outlook-economy-improves-1953591

2024-09-12 17:42:17

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#note1379…ek7r

2024-09-12 17:42:06

Percentage of Foreign-Born Residents in US Hits Highest Level Since 1910
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In 2023, 14.3% of U.S. residents were foreign-born, the highest since 1910; this is an increase from 13.9% in 2022. The 1910 figure was 14.7%. International migration is a key factor in U.S. population growth, with immigrants accounting for over two-thirds of the increase. Latin Americans comprised 51.2% of the foreign-born population in 2023, up from 50.3% in 2022. Delaware's foreign-born population rose from 9.9% to 11.2%, and Georgia's from 10.7% to 11.6%. The Hispanic population increased to 19.4%, while non-Hispanic whites decreased to 57.1%. The median age of the U.S. population rose to 39.2 years, with 17.7% over age 65. Remote work decreased to 13.8% of employees, and rental costs surged by 3.8%. The Census Bureau did not differentiate between legal and illegal immigrants.
#Immigration #Foreignborn #UsCensus #PopulationGrowth #Hispanic #LatinAmerica #Demographics #RemoteWork #HousingCosts #2023
https://www.newsweek.com/percentage-foreign-born-residents-us-highest-level-1952874

2024-09-10 16:06:30

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#note1sre…c9ew

2024-09-10 16:06:18

Democratic-run states dominate top U.S. economies list
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According to a WalletHub report published earlier in 2024, states with Democratic governors dominated the top 10 best U.S. economies. The top 10 states included Washington, Utah, Massachusetts, Texas, California, Colorado, Florida, North Carolina, Arizona, and Maryland. Washington ranked first, noted for high R&D investment and a strong tech job market. Massachusetts ranked third, with a low unemployment rate of 3% and high shares of tech jobs. The report highlighted that seven of the top 10 states were led by Democratic governors, while three states with Republican governors (Utah, Florida, Texas) also made the list. The economy remains a top concern for Americans, with 47% citing it as a major issue ahead of elections.
#UsEconomy #DemocraticStates #Wallethub #EconomicPerformance #Governors #Technology #R&d #Unemployment #Politics #Innovation
https://www.newsweek.com/democratic-run-states-dominate-top-us-economies-list-1950840

2024-09-08 21:15:39

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#note19ps…ctre

2024-09-08 21:15:27

Kamala Harris New Poll Shows 'Honeymoon Is Officially Over'—Trump Campaign
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A new poll by The New York Times and Siena College from September 3 to 6, 2024, indicates Donald Trump leads Kamala Harris by 48 to 47 percent among likely voters; the poll surveyed 1,695 voters with a margin of error of plus or minus 2.8 percentage points. Trump campaign spokesperson Jason Miller stated, 'the honeymoon is officially over,' reflecting a shift in momentum for Harris, who took over the Democratic nomination from Joe Biden in late July. Despite the poll, other averages show Harris with a narrow lead, including a 2-point lead in The Times' average and a 3.1-point lead in FiveThirtyEight's average. A CBS News/YouGov poll from the same dates shows a tight race in battleground states, with Harris leading Trump by 50 to 49 percent in Michigan. Voter sentiment reveals Trump has an advantage on the economy and immigration, while Harris is favored on democracy protection and abortion rights. The first head-to-head debate is scheduled for September 10, 2024, in Philadelphia.
#KamalaHarris #DonaldTrump #Poll #2024Election #Politics #SienaCollege #NewYorkTimes #BattlegroundStates #VoterSentiment #Debate
https://www.newsweek.com/new-poll-kamala-harris-donald-trump-honeymoon-over-1950534

2024-09-02 07:49:32

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#note12vx…9mlf

2024-09-02 07:49:21

Kamala Harris' Plan to Cut the Cost-of-Living. Can It Work?
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Vice President Kamala Harris unveiled her economic agenda on August 16, 2024, aimed at lowering the cost-of-living, including a proposal to ban price gouging on groceries; a YouGov/Economist survey (August 17-20) showed inflation and prices as top voter concerns (26%); food prices are 21% higher than three years ago; Harris proposed $25,000 down payment help for first-time homebuyers and a $6,000 tax credit for families with newborns; Trump criticized her plan as 'Communist' and unrealistic; economists like William Ruger argue it could lead to shortages and black markets; Marc Goldwein stated neither candidate has a solid plan to fight inflation; Trump promised to lower prices within 100 days of his second term starting November 2024, including ending taxes on Social Security.
#KamalaHarris #DonaldTrump #CostOfLiving #Inflation #Economy #UsPolitics #PriceGouging #TaxCredit #Housing #Surveys
https://www.newsweek.com/kamala-harris-plan-cost-living-1946643

2024-08-28 09:48:01

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#note130p…2kq3

2024-08-28 09:47:50

Resilient Economy 'Feels Very Untrue' to Some Americans
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Christine Maddy, a mother of five from rural Minnesota, struggles to make ends meet despite a combined income of $175,000 as a registered nurse and a union crane operator; she raises chickens to offset food costs; President Biden claimed on August 14, 2024, that the U.S. has beaten inflation, which Maddy disagrees with, stating it feels out of touch; inflation peaked at 9.1% in 2022; average S&P 500 CEO earnings were $17.7 million in 2023, 268 times that of median workers; inflation rate dropped to 2.9% in July 2024; credit card debt reached $1.14 trillion in Q2 2024; Tyler Azure, a mother of ten, spends $600 weekly on groceries and feels financially strained; 32.5% of high earners express concern about finances; Federal Reserve Chair Jerome Powell hinted at potential interest rate cuts in September 2024.
#Economy #Inflation #Biden #MiddleClass #CreditCardDebt #FoodPrices #Housing #JobMarket #FinancialStrain #ConsumerBehavior
https://www.newsweek.com/2024/09/13/joe-biden-us-economy-inflation-interest-rates-1944349.html

2024-08-28 04:58:51

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#note1004…3kx5

2024-08-28 04:58:39

Donald Trump's Interview with Dr. Phil—Fact-Checked
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Donald Trump interviewed by Dr. Phil McGraw on Aug 26, 2024; Trump falsely claims he won the 2020 election against Biden, losing by over 7 million votes; Trump survived an assassination attempt on July 13, 2024; Trump criticizes Kamala Harris, calling her the worst vice president; Harris leads Trump by over 3 percentage points in recent polls; Trump claims to be leading among independents, which is disputed by recent surveys; Trump asserts he will not cut Social Security or Medicare if reelected; Newsweek fact-checked Trump's claims during the interview.
#DonaldTrump #DrPhil #KamalaHarris #2024Election #FactCheck #Politics #SocialSecurity #IndependentVoters #Polling #AssassinationAttempt
https://www.newsweek.com/donald-trump-doctor-phil-interview-fact-check-1945252

2024-08-27 17:15:38

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#note1uka…tdr4

2024-08-27 17:15:27

Consumer Confidence Shows Increased Optimism But Concerns Linger
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Consumer confidence in the U.S. rose to 103.3 in August 2024 from 101.9 in July; Present Situation Index improved to 134.4 from 133.1; Expectations Index increased to 82.5 from 81.1; Report cutoff date was August 21, 2024; Concerns linger about the labor market and future income; Job growth averaged 174,000 per month for the year ending March 2023, down from 242,000; Confidence declined for consumers under 35 and those earning less than $25K; Chief economist Dana M. Peterson noted financial market turmoil and high essential costs affecting confidence.
#ConsumerConfidence #Economy #JobMarket #Inflation #UsDepartmentOfLabor #ConferenceBoard #DanaMPeterson #FinancialMarket #LaborMarket #EconomicOutlook
https://www.newsweek.com/us-economy-consumer-confidence-job-market-concerns-1945015

2024-08-27 16:35:06

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#note1rn7…4fuh

2024-08-27 16:34:55

2024-08-25 17:33:42

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#note1d4d…8k0a

2024-08-25 17:33:31

As Kamala Harris Attacks Grocer Greed, Democrats Rake in Grocer Cash
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Vice President Kamala Harris targets grocery stores for high prices while Democrats receive significant donations from grocer PACs; Harris promises to combat price gouging amid rising inflation, which hit 4-decade highs during her tenure; food prices rose 25% from 2019 to 2023; Walmart donated $441,500 to Democrats, Kroger and Albertsons contributed $185,000; 51 Democrats accepted donations while criticizing the grocery industry; Harris' proposal faces skepticism from within the party; FTC to challenge Kroger's $24.6 billion merger with Albertsons; Trump's criticism likens Harris' plan to Venezuelan price controls; Democrats view Harris' plan as a way to address voter concerns over inflation.
#KamalaHarris #Democrats #GroceryPrices #Inflation #PoliticalDonations #Walmart #Kroger #Albertsons #Ftc #2024Election
https://www.newsweek.com/kamala-harris-democrats-grocery-prices-economy-2024-election-1944065

2024-08-25 09:58:16

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#note18fk…g8tm

2024-08-25 09:58:05

US economy is doing better than Americans think
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President Joe Biden claimed the U.S. economy is 'literally the envy of the world' in March 2024; 46% of Americans believe the economy is worse than in January 2021; 41% rate the economy as bad or very bad; U.S. GDP increased by 2.8% in Q2 2024 compared to Q2 2023; personal income rose by $50.4 billion in June 2024; 36% think the U.S. economy is not doing as well as other major economies; IMF projects U.S. GDP growth of 2.1% annually until 2029; median household income dropped from $78,250 in 2019 to $74,580 in 2022; 45% believe the economy is heading in the wrong direction; partisan divide evident in economic perceptions; Trump supporters largely view the economy negatively compared to Harris supporters; economic views influenced by political affiliation.
#UsEconomy #Biden #Trump #Polling #Gdp #Income #Inflation #PartisanViews #Imf #EconomicGrowth
https://www.newsweek.com/us-economy-better-americans-think-1941732

2024-08-23 09:45:15

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#note1ndy…s3d4

2024-08-23 09:45:03

Will Kamala Harris be judged on Biden's economy? It's complicated
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Almost 50% of Americans believe the U.S. economy is worse now than when Biden took office in January 2021; 41% describe the economy as 'bad' or 'very bad'; 93% of those who view the economy negatively blame Biden, while a significant percentage also hold Harris responsible; 59% of Americans consider economic issues the most important problem; Harris has proposed new economic policies, including a $40 billion innovation fund for affordable housing and a pledge to ban price gouging; economists suggest that despite perceptions, the U.S. economy is performing well compared to other advanced countries; inflation rate was 2.9% as of July 2024, down from 3% previously.
#KamalaHarris #Biden #UsEconomy #Inflation #Polls #Election2024 #EconomicPolicy #PublicOpinion #Housing #CostOfLiving
https://www.newsweek.com/will-kamala-harris-judged-biden-economy-complicated-1941681

2024-08-21 12:51:45

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#note1pfe…lcww

2024-08-21 12:51:34

Barack Obama Calls for Housing Market Revolution
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Barack Obama advocates for reforming outdated housing regulations to increase home construction in the U.S.; He emphasizes the need for new ideas to address current challenges; Kamala Harris supports building 3 million new homes by the end of her first term; As of July 2024, the median home price in the U.S. is $439,170, up 4.1% from the previous year; The U.S. faced a shortage of 4.5 million homes in 2022; Obama spoke at the Democratic National Convention on August 20, 2024, in Chicago; The housing market's affordability crisis affects both buyers and renters.
#BarackObama #KamalaHarris #HousingMarket #Affordability #RealEstate #Dnc #Chicago #HomeConstruction #UsEconomy #HousingShortage
https://www.newsweek.com/barack-obama-calls-housing-market-revolution-increase-supply-homes-1942291

2024-08-20 16:45:59

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#note1zhr…f939

2024-08-20 16:45:48

Social Security Administration scolded by auditors
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The Social Security Administration (SSA) has been criticized by its Office of the Inspector General (OIG) for failing to implement recommendations to stop improper payments, which totaled nearly $72 billion from FY 2015 to FY 2022. The majority of these were overpayments, with an uncollected balance of $23 billion by the end of FY 2023. The SSA's initial response to OIG's 2018 recommendations included a 'comprehensive Debt Management Product,' which was halted in 2024 due to funding issues. Assistant Inspector General Michelle L. Anderson emphasized the need for better data access and systems modernization. As of February 2024, the SSA made over $1.1 billion in incorrect payments to 528,000 recipients, with an average processing time of 698 days for these payments. To alleviate the burden of overpayments, the SSA announced it would now collect only 10% of a beneficiary's monthly payment instead of 100%. Commissioner Martin O'Malley stated the importance of fair recovery policies to prevent undue hardship on beneficiaries.
#SocialSecurity #Auditors #ImproperPayments #Government #Oversight #FinancialManagement #DebtRecovery #Beneficiaries #Oig #Commissioner
https://www.newsweek.com/social-security-scolded-auditors-overpayments-1941856

2024-08-20 14:00:20

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#note16w9…rc5l

2024-08-20 14:00:08

Fed rate cut looming as Jerome Powell prepares major speech
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Federal Reserve expected to cut benchmark interest rate in September; inflation nearing 2 percent target; rising unemployment concerns as hiring slows; Jerome Powell to speak at Jackson Hole conference on August 23, 2024; July jobless rate at 4.3 percent, highest in three years; Wall Street traders anticipate three quarter-point cuts in September, November, and December; Raphael Bostic suggests potential for a half-point cut in September; economists believe steady inflation progress will lead to rate cuts this year.
#FederalReserve #JeromePowell #InterestRates #Inflation #Unemployment #Economy #JacksonHole #LaborMarket #EconomicGrowth #WallStreet
https://www.newsweek.com/fed-rate-cut-inflation-jerome-powell-speech-1941645

2024-08-20 14:00:08

2024-08-18 22:40:33

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#note133x…zvf3

2024-08-18 22:40:22

Democrats confronted with criticism of Kamala Harris' new economic plan
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Kamala Harris announced a new economic policy proposal on August 18, 2024, during a rally in North Carolina, focusing on reducing costs of groceries and housing; her plan includes tax cuts, a federal ban on price gouging, and down payment assistance for first-time homebuyers; critics, including Donald Trump, labeled her proposals as 'Maduro-esque price controls'; Democratic leaders like Gretchen Whitmer and Hakeem Jeffries defended Harris, emphasizing the need to protect consumers; Whitmer described Harris' efforts as aligned with her values, while Beshear explained the legal framework for addressing price gouging; Duckworth supported Harris' plan despite concerns about federal deficit; Trump's economic proposals include extending the 2017 Tax Cuts and Jobs Act.
#KamalaHarris #EconomicPolicy #Democrats #Trump #PriceGouging #NorthCarolina #2024Election #GretchenWhitmer #HakeemJeffries #TammyDuckworth
https://www.newsweek.com/democrats-confronted-criticism-kamala-harris-new-economic-plan-1940894

2024-08-18 22:40:00

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#note1vdg…ckaw

2024-08-18 22:39:48

Donald Trump gets some good signs from new poll amid Kamala Harris surge
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A CBS News/YouGov poll conducted from August 14 to 16, 2024, with 3,258 registered voters, shows a tight presidential race between Donald Trump and Kamala Harris; Trump leads among voters prioritizing the economy, inflation, and border issues; Harris officially entered the race on July 21, 2024, after Joe Biden's exit; Both candidates are tied at 50% in battleground states like Arizona, Georgia, and Pennsylvania; A New York Times/Siena College poll shows Harris leading in North Carolina and Arizona, while Trump leads in Nevada and Georgia; 83% of voters consider the economy a major factor in their decision; 72% believe Trump would reduce border crossings if elected; Nationally, CBS News poll shows Harris leading Trump 51% to 48%; Rasmussen Reports shows Trump leading by 4 points; Polls indicate Harris's economic plan may influence voter perceptions.
#DonaldTrump #KamalaHarris #Polling #2024Election #Economy #BattlegroundStates #VoterPerception #Politics #CbsNews #NewYorkTimes
https://www.newsweek.com/donald-trump-good-signs-new-poll-amid-kamala-harris-surge-1940880

2024-08-16 13:21:47

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#note1mvw…dehj

2024-08-16 13:21:36

Kamala Harris and Donald Trump find common ground on the economy
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Kamala Harris and Donald Trump have key points of difference on multiple economic ideas but in some areas, the two are more aligned on the economy than you might think, specifically when it comes to tariffs and trade, according to economic experts. Both candidates are focused on helping the 'American workers' and are linked to the geopolitical and geo-economic competition that arises from emerging economic powers such as China. Trump's tenure was marked by a robust use of tariffs, particularly against China, as a tool to protect American industries. Harris and Trump would both use tariffs as an international negotiating tool primarily with China, but Harris would likely be less punitive and more selective. Both candidates are in favor of cutting tax on tips and would find a way to extend the Trump tax cuts that expire in 2025. Trump emphasized the importance of increasing manufacturing for U.S. economic and national security, and to create high-paying jobs for American workers. Harris will want to continue the Biden Administration policies of heavy investment in job development in emerging industries, like clean energy, as well as shoring up manufacturing at home. Harris is set to outline her economic agenda in a speech on Friday in North Carolina. Harris is now more trusted on the economy than Trump. Both candidates are leading to an unravelling and re-ordering of the so-called liberal world order and the rules of the game. The U.S. is also readjusting and recalibrating its role as global guarantor and open economy, and looking more inward than before.
#KamalaHarris #DonaldTrump #Economy #Tariffs #Trade #TaxCuts #Manufacturing #Jobs
https://www.newsweek.com/kamala-harris-donald-trump-economic-policies-similarities-1939790

2024-08-15 19:24:31

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#note1azp…m3vp

2024-08-15 19:24:20

Trump Argues Migrants are Stealing Jobs, Experts and Data Disagree
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Donald Trump and the Republican Party claim that immigrants are stealing jobs from American citizens, but experts argue that this is false. Immigration advocates argue that newcomers fill positions Americans no longer want or generate jobs by starting up businesses. The American Immigration Council's data shows that immigrants paid around $579.1 billion in taxes in 2022 and make up around 17 percent of the overall U.S. workforce. Experts warn that plans for mass deportations or more restrictive measures would damage the economy rather than help American workers.
#DonaldTrump #RepublicanParty #Immigration #Jobs #AmericanWorkers #Economy
https://www.newsweek.com/trump-migrants-stealing-jobs-experts-debunk-1939983

2024-08-14 10:13:40

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#note16f9…3gd5

2024-08-14 10:13:29

U.S. economy alarm bells as two signs of recessions emerge
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A cooling labor market and rising unemployment are raising concerns of a recession in the U.S. economy. Data from the U.S. Bureau of Labor Statistics shows that the country's labor force growth has slowed down and unemployment has risen over the past 12 months. The size of the U.S. labor force grew by 1,316,000, while the number of unemployed workers increased by 1,259,000 during that same period. The U.S. unemployment rate rose to 4.3 percent in July, its highest level since October 2021, and the U.S. economy created only 114,000 jobs, the second-lowest monthly gain in over four years. The Federal Reserve's decision to hold interest rates steady and the recent stock market plunge have also contributed to fears of a potential recession. However, some experts believe that the current slowdown in the labor market is in line with a soft landing and not necessarily a deterioration. Morgan Stanley experts project the Fed to cut interest rates three times in 2024, starting in September, and expect a soft landing rather than a recession. On the other hand, financial analyst Gary Shilling predicts a recession in the coming months based on leading indicators indexes, an inverted yield curve, the Fed's reluctance to cut rates, and a slowing labor market.
#UsEconomy #Recession #LaborMarket #Unemployment #FederalReserve #InterestRates #StockMarket
https://www.newsweek.com/us-economy-alarm-bells-two-signs-recessions-emerge-1938939

2024-08-12 09:12:58

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#note1xn7…rc6s

2024-08-12 09:12:46

Kamala Harris more trusted on economy as Donald Trump loses major advantage
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A recent poll conducted for the Financial Times and the University of Michigan Ross School of Business found that 42 percent of Americans trust Kamala Harris more to handle the economy, compared to 41 percent who believe Donald Trump could handle the country's economy better. Trump's advantage over Joe Biden in handling the economy has diminished, with only 35 percent of Americans having more faith in Biden in previous polls. The poll also revealed that economic factors are considered the most important issue by a majority of Americans. However, more Americans believe they would be better off financially as a result of Trump's economic policies (42 percent) than as a result of Harris' policies (33 percent). Despite positive employment figures and strong growth, a majority of Americans (58 percent) disapprove of the way Biden is handling the economy. The unhappiness with the U.S. economy and Biden's handling of it is partly attributed to the rise of inflation following the pandemic.
#KamalaHarris #DonaldTrump #UsEconomy #Poll #Advantage #Trust #JoeBiden #FinancialTimes #UniversityOfMichiganRossSchoolOfBusiness #EconomicPolicies #Employment #Inflation
https://www.newsweek.com/kamala-harris-more-trusted-economy-donald-trump-loses-major-advantage-1937676

2024-08-11 04:09:47

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#note1n4k…aa9y

2024-08-11 04:09:35

Kamala Harris Supports Trump's Plan to Eliminate Taxes on Tips
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Vice President Kamala Harris has endorsed eliminating taxes on tips for hospitality and service workers, echoing a tax proposal originally put forward by former President Donald Trump. Harris made the announcement during a campaign rally in Las Vegas, where she addressed a crowd of thousands, including members of Nevada's culinary workers union. The proposal has garnered significant public support, with 67 percent of Americans believing tips should not be taxed. However, the economic implications of the policy are complex, with estimates suggesting it could reduce federal revenues by $150 billion to $250 billion over 10 years. The political landscape in Nevada, a key battleground state, adds another layer of complexity to the issue as both Harris and Trump vie for support from the service industry workers in the state.
#KamalaHarris #DonaldTrump #Taxes #Tips #HospitalityWorkers #ServiceWorkers
https://www.newsweek.com/kamala-harris-elimination-tax-tips-donald-trump-las-vegas-1937507

2024-08-08 12:33:46

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#note1gw4…8eyz

2024-08-08 12:33:34

Donald Trump's Social Security Plan Could Backfire: Economist
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Donald Trump's plan to remove taxes on Social Security benefits could make the program insolvent; U.S. economy expert Veronique de Rugy warns that reducing Social Security taxes without reforming the program's benefits would cause more problems; About 40% of Social Security recipients currently pay federal income taxes on their benefits; Major shortfalls in the program may lead to insolvency by 2033; Removing taxes on Social Security income would be unfair and worsen income inequality; De Rugy criticizes the proposal as a way for politicians to reward voters; Experts believe Congress should have reformed the program more fundamentally in 1983; Trump's plan is part of his campaign for a second term in the White House against Vice President Kamala Harris
#DonaldTrump #SocialSecurity #Taxes #Insolvency #Benefits #IncomeInequality #Reform #Election
https://www.newsweek.com/donald-trump-social-security-plan-could-backfire-economist-1936299

2024-08-06 14:14:54

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#note13zz…7qf8

2024-08-06 14:14:43

How Carry Trades Contributed to Global Market Chaos
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Stock markets across Asia plunged on Monday following weaker-than-expected U.S. jobs data on Friday; Japan's Nikkei 225 index dropped by 13%, its biggest single-day rout since October 1987; The sell-off was exacerbated by a mass sell-off of U.S. dollars tied to carry trade deals; Carry trades involve borrowing at low interest rates in one currency to invest in higher-yield assets in another currency; Investors have borrowed Japanese yen and invested in U.S. stocks and Treasury bonds; The Bank of Japan raised its primary interest rate, leading to a surge in the Japanese yen against the U.S. dollar; Some traders offloaded higher-risk assets in response to the sudden increase in borrowing costs and declining share values; Financial markets showed signs of stabilizing on Tuesday, with Japan's Nikkei 225 index rising 10.2% and other markets mostly higher
#CarryTrades #StockMarkets #Asia #Japan #Nikkei225 #UsJobsData #InterestRates #BankOfJapan
https://www.newsweek.com/global-stock-markets-carry-trades-economic-outlook-1935217

2024-08-05 11:21:29

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#note1yf7…w35u

2024-08-05 11:21:18

US Jobs Data Triggers Global Stock Market Rout
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Japanese stocks fell sharply following weaker-than-expected US jobs data; Japan's benchmark Nikkei 225 dropped over 12 percent, the biggest drop since 1987; Large exporters like Toyota and Sony saw their shares decline; Other Asian markets, including South Korea, Taiwan, Singapore, Indonesia, and Thailand, also fell; UK's FTSE 100 suffered its biggest drop in over a year; US stock futures fell significantly; The VIX, an index measuring market volatility, was up about 26 percent; The job figures raised concerns of a US recession; US economy is currently growing at a moderate pace.
#UsJobsData #StockMarket #GlobalEconomicOutlook #Japan #Nikkei225 #Exports #Equities #GovernmentBonds #Toyota #Sony #SouthKorea #Taiwan #Singapore #Indonesia #Thailand #Uk #Ftse100 #UsStockFutures #Vix #Recession #UsEconomy
https://www.newsweek.com/us-jobs-global-stock-market-rout-recession-fears-volatility-drop-1934479

2024-07-29 21:39:05

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#note10ew…z8rm

2024-07-29 21:38:54

What's Next for Venezuela After Maduro's Dubious Reelection?
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Nicolás Maduro was declared the winner in a widely seen as rigged vote; Maduro's legitimacy has been questioned since his first election victory in 2013; Millions of Venezuelans have fled the country since Maduro took office; The opposition has pledged to continue its fight for a transparent vote count and the restoration of democracy; International pressure is expected to mount against Maduro's government.
#Venezuela #Election #Maduro #Opposition #Democracy
https://www.newsweek.com/venezuela-election-maduro-machado-rodriguez-scenarios-1931680

2024-07-27 23:26:42

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#note19s2…6w26

2024-07-27 23:26:31

Donald Trump Makes Five Major Pledges to Cryptocurrency Industry
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Former President Donald Trump made five major pledges to the cryptocurrency industry during his speech at the Bitcoin Conference in Nashville, Tennessee. He vowed to fight inflation with crypto-friendly policies, encourage innovation in power plants and the electric vehicle sector, fire Securities and Exchange Commission Chair Gary Gensler, create a bitcoin and crypto presidential advisory council, and ensure U.S. leadership in cryptocurrency. Trump's pledges signal a shift in his stance on digital assets and highlight the growing influence of the crypto voting bloc within his party. The Democratic Party is also showing a potential shift in their approach to crypto-friendly policies, as Vice President Kamala Harris and other lawmakers signed a statement calling for a pivot away from anti-bitcoin policies associated with Senator Elizabeth Warren. Trump's newfound support for the industry has energized the crypto community and led to considerations of supporting him in the upcoming election.
#DonaldTrump #Cryptocurrency #Bitcoin #GaryGensler #Sec #CryptoRegulation #KamalaHarris #DemocraticParty
https://www.newsweek.com/donald-trump-bitcoin-conference-nashville-tennessee-takeaways-1931148

2024-07-19 18:28:25

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#note1raf…y9k2

2024-07-19 18:28:14

Map Shows Happiest U.S. States
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The United States fell eight spots to number 23 in the global rankings of overall happiness between 2023 and 2024, according to the World Happiness Report. Hawaii ranked first for overall happiness, emotional and physical wellbeing, and has the lowest rate of adult depression. Maryland ranked second with the highest median income in the U.S. at $94,991. West Virginia ranked last in overall emotional and physical wellbeing and has the highest prevalence of adult depression. The bottom 10 also includes Louisiana, Arkansas, Kentucky, Alabama, Mississippi, Oklahoma, Tennessee, New Mexico, and Missouri.
#Happiness #UnitedStates #WorldHappinessReport
https://www.newsweek.com/map-shows-happiest-us-states-1927660

2024-07-17 03:37:24

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#note1ppn…q3h5

2024-07-17 03:37:12

How China's Economy Compares to the US's After Latest Results
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China's GDP grew by 5% in the first half of 2024, with a year-on-year growth rate of 4.7% in Q2. The U.S. economy is predicted to stabilize in the second half of 2024, with consumer demand still strong. China's retail sales of consumer goods increased by 3.7% year-on-year, lower than the 7.2% reported in 2023. The gap between China's and the U.S.'s economies widened in 2023, with China's GDP being two-thirds the size of the U.S.'s. China's ongoing property crunch and muted domestic demand continue to weigh on its economy. The U.S. Department of Commerce reported a slower GDP growth rate of 1.4% year-on-year for Q1 2024. Deloitte predicts the U.S. economy will grow by 2.4% in 2024 and slow to 1.1% in 2025. China's economy is no longer on track to surpass the U.S. as the world's largest.
#China #Us #Economy #Gdp #Growth #PropertyCrunch #ConsumerDemand
https://www.newsweek.com/china-us-economies-compared-1925603

2024-07-17 02:57:09

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#note1qtg…vrtw

2024-07-17 02:56:57

2024-07-15 21:03:38

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#note1cu8…ewaj

2024-07-15 21:03:27

Joe Biden Reacts to Trump's Vice President Pick
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Joe Biden responds to the selection of J.D. Vance as Donald Trump's vice presidential pick, criticizing Vance and Trump's economic policies. Biden accuses them of wanting to raise taxes on middle-class families while pushing for tax cuts for the rich. Biden's response comes minutes after Trump's announcement on Truth Social, his social media platform. Vance, a GOP Senator from Ohio, rose to prominence with his bestselling memoir 'Hillbilly Elegy' before winning a U.S. Senate seat in 2022. The selection of Vance is seen as a bid to shore up support in crucial Midwest swing states. Biden's response includes a fundraising push and a link to his campaign site. The Trump campaign is likely to counter with its own economic narrative, potentially highlighting concerns over inflation. Vance's age, 39, presents a generational contrast to the 81-year-old Biden. The selection of Vance could represent a gamble for Trump as it suggests a doubling down on anti-establishment fervor rather than a pivot towards traditional GOP positions.
#JoeBiden #DonaldTrump #JdVance #VicePresident #PresidentialRace #EconomicPolicy #Taxes #MiddleclassFamilies #Rich #Fundraising #Campaign #SwingStates #Inflation #GenerationalGap #Antiestablishment #Gop
https://www.newsweek.com/joe-biden-reaction-jd-vance-donald-trump-vice-president-1925462

2024-07-11 20:22:58

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#note1a4d…fu4u

2024-07-11 20:22:46

Joe Biden timeline shows key turning points in presidency
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Joe Biden's presidency has faced several key turning points that have impacted his reelection campaign. In August 2021, the decision to withdraw U.S. forces from Afghanistan led to chaos and a decline in Biden's approval rating. In June 2022, economic concerns, including high inflation and gas prices, plagued his administration. The 2022 midterms saw the Democrats stave off a red wave but still face challenges. Biden's response to the Israel-Hamas war in October 2023 put him in a problematic position with key Democratic constituencies. The presidential debate in June 2024 revealed concerns about Biden's cognitive ability and led to doubts about his candidacy. These turning points have contributed to a decline in Biden's approval rating and a revolt within his own party.
#JoeBiden #Presidency #ReelectionCampaign #Afghanistan #Withdrawal #ApprovalRating #Economy #Inflation #GasPrices #Midterms #IsraelhamasWar #PresidentialDebate
https://www.newsweek.com/joe-biden-timeline-key-turning-points-presidency-debate-afghanistan-2024-1924001

2024-07-11 14:10:07

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#note107p…rteg

2024-07-11 14:09:56

Over 100,000 Americans Have Lost Their Homes This Year
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Between January and June 2024, 177,431 homes in the United States had foreclosure filings, including default notices, scheduled auctions, or bank repossessions. The number of properties with foreclosure filings remained higher than it had been since the pandemic, with the exception of last year. The states with the most foreclosures in the first quarter of the year were New Jersey and Illinois. South Dakota saw the greatest increase in foreclosure activity compared to a year earlier, up 93 percent. Since the beginning of the year, 130,369 homes in the country have started the foreclosure process. Texas, Florida, and California had the greatest number of foreclosure starts since January. Foreclosure activity across the United States experienced a decline in the first half of 2024 compared to the first half of 2023. U.S. foreclosure starts also decreased by 3 percent in the first six months of 2024. ATTOM's CEO Rob Barber suggests that these shifts could suggest a potential stabilization in the housing market, but monitoring these evolving patterns remains crucial to understanding the full impact on the real estate sector.
#Foreclosures #HousingMarket #RealEstate #UnitedStates
https://www.newsweek.com/americans-lost-homes-2024-foreclosures-1923719

2024-07-09 17:42:36

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#note127z…ltw5

2024-07-09 17:42:25

How a teenage Taylor Swift stepped up for wrestler Jeff Jarrett's family
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Wrestler Jeff Jarrett revealed that Taylor Swift helped his family during a difficult time when his wife was sick with cancer. Swift acted as a big sister to Jarrett's young daughters, spending time with them, baking cookies, and hanging out at their house. Swift never expected to be paid for her support. The Jarrett children appeared in Swift's music video for the song 'Mine' in 2010. Jarrett praised Swift's talent and business acumen, saying she deserves all her success.
#TaylorSwift #JeffJarrett #Family #Cancer #Support #MusicVideo
https://www.newsweek.com/entertainment/celebrity-news/how-teenage-taylor-swift-stepped-wrestler-jeff-jarretts-family-after-wife-died-1922865

2024-07-09 12:11:10

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#note1vsg…dnh2

2024-07-09 12:10:58

Mortgage Forecasters Predict Rates at End of 2024
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Mortgage forecasters predict that mortgage rates will remain above 6.5 percent by the end of 2024. The Federal National Mortgage Association (Fannie Mae) and the National Association of Realtors (NAR) expect the average 30-year mortgage rate to modestly lower to 6.7 percent by the end of the year. The Mortgage Bankers Association predicts it to be 6.6 percent. Freddie Mac forecasts a rate of 6.5 percent by the end of 2024. Mortgage rates have spiked following the Federal Reserve's rate-hiking campaign, leading to home sales plunging to their lowest level since 1995 last year. Despite high mortgage rates, there are still Americans buying homes, particularly those who have waited a long time to buy and believe real estate prices will go up when mortgage rates come down.
https://www.newsweek.com/mortgage-forecasters-predict-rates-end-2024-1922632

2024-06-27 12:26:33

Trump Campaign Slams 'Worthless' Nobel Prize Winning Economists
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The Trump campaign has criticized a group of Nobel Prize winning economists who warned about the risks of a second term for former President Trump. The economists expressed concern that a second Trump term could reignite inflation and have a negative impact on the U.S. economy. The Trump campaign responded by stating that President Trump built the strongest economy in American history and that Americans cannot afford four more years of Bidenomics. The economic policies of Trump include lowering corporate America's tax rate, eliminating taxes on tips for workers in the hospitality and leisure industries, and imposing tariffs on imports and Chinese goods. Biden's economic agenda includes investing in semiconductor manufacturing, modernizing infrastructure, raising corporation tax, and not increasing taxes for households making less than $400,000 a year. The 16 Nobel Prize winning economists believe that Biden's plans would increase productivity and economic growth while lowering inflationary pressures and facilitating the clean energy transition. The economic policies of both candidates are expected to be a focus of the first presidential debate.
#TrumpCampaign #NobelPrize #Economists #JoeBiden #EconomicAgenda #PresidentialElection
https://www.newsweek.com/trump-campaign-slams-nobel-prize-winning-economists-ahead-biden-presidential-debate-1918096

2024-06-24 18:09:10

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#note1tmv…sd5n

2024-06-24 18:08:57

China's Millionaires Are Leaving the Country
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China is expected to lose more wealthy people via emigration than any other country this year, with an anticipated net exit of 15,200 millionaires. The country's stuttering economic recovery, real estate crisis, high levels of local government debt, youth unemployment, and lukewarm consumer demand have contributed to this trend. Chinese President Xi Jinping's crackdown on displays of wealth and tighter grip on the Chinese economy have also impacted wealth accumulation. The U.S. is predicted to be the top likely destination for high-income emigrants this year, followed by the United Arab Emirates and Singapore. China and India are seeing high net outflows due to their success in generating new millionaires, although slowing wealth growth in China could lead to sustained losses. The United Kingdom is forecast to lose 9,500 millionaires this year. China's economy has slowed, leading to a decrease in the number of Chinese billionaires. Credit rating agencies Fitch and Moody's have downgraded China's sovereign credit outlook from stable to negative. The article was published by Newsweek on June 24, 2024.
#China #WealthEmigration #Millionaires #Economy #XiJinping #UnitedStates #UnitedArabEmirates #Singapore #UnitedKingdom
https://www.newsweek.com/china-millionaires-leaving-country-1916427

2024-06-24 18:08:57

2024-06-20 13:46:31

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#note1060…5vwn

2024-06-20 13:46:20

Joe Biden Gets the Breakthrough With Voters He Was Praying For
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A recent survey of 1,095 registered voters showed that Joe Biden is leading his presumptive 2024 opponent, Donald Trump, by two points (50 percent to 48 percent). This is the first time that Biden has led Trump in a survey from the news network since October 2023. The survey also found that more people feel that the United States economy is in excellent or good shape (32 percent) than at any other time of the Biden administration. A record 37 percent now say they approve of Biden's handling of inflation, with 41 percent approving the president's handling of the economy, his highest rate in more than two years. Additionally, 35 percent of voters approve of Biden's handling of immigration, up from 30 percent in a previous Fox News poll in May. The rise in support for immigration arrived as Biden issued an executive order allowing officials to quickly remove migrants who have illegally entered the U.S. without processing their asylum requests once the system has become "overwhelmed." Despite Biden's improvement on the hot-topic issues, Trump is still trusted to do a better job on immigration than Biden by nine points (53 percent to 44 percent) and on the economy by five points (51 percent to 46 percent).
#JoeBiden #DonaldTrump #Poll #Economy #Immigration
https://www.newsweek.com/joe-biden-economy-immigration-poll-1915209

2024-06-13 10:42:08

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#note1grq…etzh

2024-06-13 10:41:57

Beijing Responds as Europe Strikes Blow to China's Economy
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Beijing denounces Europe's decision to increase tariffs on Chinese electric vehicles to as much as 48 percent, calling it a 'naked protectionist act' that will disrupt the international automotive industry. The European Commission determined that China's subsidies give its battery electric vehicle value chain an unfair advantage. China's Ministry of Commerce criticizes the ruling, stating that it lacks factual and legal basis and accuses the EU of exaggerating the threat of Chinese state subsidies. The new duties are scheduled to take effect in early July, and China has already launched anti-dumping inquiries on European brandies and industrial plastics. The move by Europe could further intensify trade tensions, and China vows to take necessary measures to defend the rights and interests of Chinese companies.
#China #Europe #Tariffs #ElectricVehicles #TradeTensions
https://www.newsweek.com/china-responds-european-union-tariffs-1912055

2024-06-10 19:07:29

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#note1t7g…9x2l

2024-06-10 19:07:18

Fact Check: Did Donald Trump Moan About Cheesecake Factory at Vegas Rally?
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During a rally in Las Vegas, Donald Trump made bizarre comments including a hypothetical scenario about being electrocuted or eaten by a shark. A viral social media post claimed that Trump complained about the impact of President Biden's policies on the American economy, specifically mentioning The Cheesecake Factory and the high prices of their menu items. However, transcripts from Trump's speech did not reference The Cheesecake Factory or discuss the price of food. The post was a convincing spoof, using authentic-looking subtitles under a recording of Trump's speech. Trump did mention energy costs and made unrelated comments about being eaten by a shark. The rally was characterized by other strange tangents.
#DonaldTrump #CheesecakeFactory #Rally #LasVegas #Spoof
https://www.newsweek.com/fact-check-did-donald-trump-moan-about-cheesecake-factory-vegas-rally-1910460

2024-06-06 14:34:50

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#note1jd6…0rg4

2024-06-06 14:34:37

Trade Protectionism Helps Nobody—Not Even the Pandas
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The Biden administration recently raised tariffs on Chinese imports, including steel, aluminum, semiconductors, critical minerals, electric vehicles, and solar panel cells. This contradicts their stance on global warming and raises questions about their commitment to combating climate change. The administration argues that tariffs are necessary for America to lead in these fields, but taxing Chinese solar panels will result in fewer of them. Additionally, the administration has damaged the U.S.-China trade relationship through a ban on Chinese telecommunications equipment and the banning of the TikTok app. The author argues that these protectionist measures are offensive and counterproductive. The article also mentions that China's trade stance towards the U.S. is not much better. The author emphasizes the importance of pushing back against protectionism and highlights the benefits of trade for the economy and national security.
#TradeProtectionism #BidenAdministration #China #Tariffs #GlobalWarming #UschinaTradeRelationship
https://www.newsweek.com/trade-protectionism-helps-nobodynot-even-pandas-opinion-1908217

2024-06-03 20:06:55

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#note1qay…e6sw

2024-06-03 20:06:44

When Is a Recession Not a Recession? When Joe Biden Says It Isn't
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A recent poll reported that 56 percent of Americans believe the United States is currently in a recession, despite the fact that the U.S. has experienced consistent GDP growth for at least a year and a half. Americans' perception of a recession is based on their financial struggles and the colloquial meaning of the term, rather than its economic definition. Americans compare their lives before and after the COVID-19 pandemic, noting that prices and expenses have increased, making life less affordable. Many Americans believe that inflation is increasing because they see prices going up, even though the rate of inflation is lower than its peak. The media's coverage of the economy has contributed to the public's skepticism, as they have lost trust in the government and media's portrayal of the economy. Until people feel relief from the financial stress of the pandemic and rapid inflation, they will remain pessimistic about the economy. The article suggests reducing burdensome regulations, focusing on reliable and low-emission energy sources, and lowering taxes as ways to alleviate the cost of living for Americans.
#Recession #JoeBiden #Gdp #Inflation #Media #Economy
https://www.newsweek.com/when-recession-not-recession-when-joe-biden-says-it-isnt-opinion-1907673

2024-05-30 11:45:20

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#note1set…af5q

2024-05-30 11:45:08

Video Shows Celebrations on US MQ-9 Reaper Drone 'Downed By Houthis'
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A video shows Houthi rebels celebrating the downing of a US MQ-9 Reaper drone in Yemen; the drone is the sixth one downed by the Houthis; the video has not been independently verified; the US Air Force has not lost any aircraft operating within US Central Command's area of responsibility; the drone was largely intact, suggesting it was not destroyed by an explosion; the drone was targeted with a surface-to-air missile; the Houthis have accelerated their attacks on shipping in the Red Sea and the Gulf of Aden in response to the Israel-Hamas war; the US may need to reassess its drone operations and consider increased protective measures.
#HouthiRebels #Mq9ReaperDrone #Yemen #UsAirForce #RedSea #GulfOfAden #IsraelhamasWar
https://www.newsweek.com/video-shows-celebrations-us-mq-9-reaper-drone-downed-houthis-1906173

2024-05-23 11:24:19

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#note1zl8…e0ek

2024-05-23 11:24:08

Major US Bank Boss Issues Grim Economic Warning
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JPMorgan Chase CEO Jamie Dimon issued a warning about a potential 'hard landing' for the US economy, citing concerns about stagflation and persistent inflation. Dimon made the comments in an interview with CNBC at the JPMorgan Global China Summit in Shanghai. He noted that while the consumer sector remains relatively strong, consumer confidence is notably low due to persistent inflation. Dimon also pointed out that the extra money from COVID-19 pandemic is fading, particularly among lower-income households. Looking ahead, Dimon suggested that interest rates could still rise slightly as inflation remains more persistent than anticipated.
#UsEconomy #JamieDimon #Inflation #Stagflation #ConsumerConfidence
https://www.newsweek.com/jpmorgan-chase-ceo-jamie-dimon-stagflation-warning-economy-hard-landing-1903927

2024-05-22 18:10:15

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#note1jal…ua6p

2024-05-22 18:10:03

Americans Haven't Been Satisfied With the Country in 20 Years. What's to Blame?
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Recent polling data from Gallup suggests a majority of Americans have not been satisfied with the state of the country since January 2004. The financial crisis of 2008, the rise of social media, and the Covid-19 pandemic are identified as the three factors contributing to America's 20-year-long sour mood. The trend of dissatisfaction began around 2004 and hit its lowest point in October 2008 after the collapse of Lehman Brothers and the start of the global financial crisis. The Great Recession, which affected people across all income levels, led to a long economic downturn. Satisfaction levels briefly rose in 2009 and 2010 but fluctuated until 2016 when the election of Donald Trump temporarily increased satisfaction levels. However, satisfaction levels declined again, reaching a low of 11% in 2020 due to the pandemic, the contested presidential election, and supply chain and labor disruptions. The rise of social media has also played a role in Americans' dissatisfaction, with the algorithms and content segmentation leading to increased polarization. Notably, while Americans express dissatisfaction with the country, they remain generally satisfied with their personal lives. The article suggests that cognitive dissonance may be at play, where people can latch onto economic problems but still find personal satisfaction.
#AmericanSatisfaction #PollingData #Gallup #FinancialCrisis #SocialMedia #Covid19Pandemic #GreatRecession #DonaldTrump #PersonalSatisfaction
https://www.newsweek.com/americans-disatisfied-country-data-gallup-trends-1903166

2024-05-17 09:38:30

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#note1gz4…qkqy