Sen. Tim Scott: ‘President Trump built the most inclusive economy ever’
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Dow falls 1,100 points on disappointing Fed interest rate news
The stock market swooned Wednesday in response to a piece of news that might not seem all that dire on first read: The Federal Reserve could cut interest rates fewer times than experts had predicted, in 2025. The Dow Jones Industrial Average shed 2.6%, or 1,123 points, closing at 42,327. The S&P 500 lost nearly…
For First Time, Streaming Viewing Topped Broadcast and Cable Combined in May
More and more, life is but a stream for us consumers of TV. Nielsen’s latest monthly viewership report, titled The Gauge, shows that for the month of May, TV viewing done via streaming eclipsed broadcast and cable combined for the first time ever. According to The Gauge, streaming represented 44.8% of TV viewership in May…
Japan to be considered for membership in AUKUS military technology pact
April 8 (UPI) — The United States, Australia and Britain indicated Monday they will officially consider Japan’s push to be included in the AUKUS military pact between the three nations. Japan’s possible inclusion in the “pillar” of the pact seeking to bolster defense technology collaboration to counter China’s growing naval presence in the Indo-Pacific region…
U.S. finance faces ESG backlash, more to come in 2023
BOSTON, Dec 27 (Reuters) – A movement by financial firms and activists to challenge companies over their efforts on climate change and social inequality faced organised and growing push-back in 2022, led by Republican U.S. politicians. Focusing on environmental, social or governance-related issues, ESG in industry parlance, could hit returns to investors, critics said. A…
G20 summit agrees on words but struggles on action
NEW DELHI, Sept 11 (Reuters) – The Group of 20 major economies reached a hard-fought compromise over the war in Ukraine and papered over other key differences in a summit declaration at the weekend, presenting few concrete achievements in its core remit of responses to global financial issues. Diplomats and analysts said the surprise consensus…
US Military Says Iran Violated Ceasefire With Missile Attack on Kuwait
Kuwaiti forces successfully intercepted the missile aimed at their territory. The U.S. military said that Kuwait had intercepted missiles launched by Iran late Wednesday night, calling the Iranian attack on one of the U.S. top allies in the Persian Gulf an “egregious ceasefire violation.” Kuwait–which hosts a large U.S. base–had earlier announced an attack on…
