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OPEC+

OPEC+ Reiterates Original Guidance

Posted: January 6, 2022 at 2:32 pm   /   Article, Business, WORLD

Crude oil prices are on the rise in the first two trading days of 2022. An OPEC+ press release was released on January 4, 2022, with oil production guidance for the start of the new year. Many believed leading up to the press release that the guidance would remain the same and there would be […]

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Inflation

The Consumer Index heading Higher As Inflation Surges

Posted: December 17, 2021 at 11:36 am   /   Article, Business, Finance

Traditional markets have been reacting to Federal Reserve data, but not in the way expected. Over the last several months, the stock market continued to rally higher despite alarming market conditions. The U.S. Dollar Index (DXY) went on a multi-month downtrend in the spring before gradually reversing. The U.S. dollar decreasing in value was not surprising […]

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Donald Trump

Trump Lashes Out at Twitter With Executive Order on Social Media

Posted: May 29, 2020 at 4:07 pm   /   Article, Business, FEATURED STORIES, news, Politics, Technology, TRENDING

On Thursday, President Trump signed an executive order aiming to remove some protections online platforms currently have under the Communications Decency Act. The legality of the order is contested but, if upheld, it would make it easier for users to bring civil lawsuits against companies for censorship based on political views. The executive order comes […]

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US Economy

With the US Economy in Shambles, 18 States Begin Process of Reopening

Posted: May 2, 2020 at 4:33 pm   /   Article, Business, FEATURED STORIES, Finance, news, Politics, TRENDING, U.S.

On Friday, over a third of the nation began the process of reopening shuttered economies. The May 1 reopenings may be coming too early, experts say, putting both lives and the economy at further risk.  States Lift Stay at Home Orders The eighteen states that started the process of reopening last week are: Alaska, Idaho, […]

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Subway

Study Suggests NYC Subways Were Major Factor in Coronavirus Spread

Posted: April 21, 2020 at 2:53 pm   /   Article, Business, FEATURED STORIES, news, TRENDING, U.S.

A working paper released last week by Dr. Jeffrey Harris from the National Bureau of Economic Research suggests that the New York City subway system was a major spreader of the coronavirus. The paper examines ridership rates compared to confirmed COVID-19 cases in New York City’s five boroughs. Using mostly corollary and circumstantial data, the […]

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HanesBrands And Other Companies To Make Masks Needed To Combat COVID-19

Posted: March 23, 2020 at 3:27 am   /   Business, FEATURED STORIES, TRENDING, U.S.

During a press conference on Saturday, United States President Donald Trump announced the HanesBrands clothing company would be retrofitting factories to make masks for medical officials combating COVID-19 (Coronavirus, 2019). “By way of example, Hanes … is retrofitting manufacturing capabilities in large sections of the plants to produce masks and they’re in the process right […]

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Four Senators

Four Senators Sold Stocks Before Market Crashes After Private Coronavirus Briefing

Posted: March 20, 2020 at 1:40 pm   /   Business, FEATURED STORIES, Finance, news, Politics, TRENDING, U.S.

Four Senators are accused of selling individual stocks in companies that plummeted during the recent market crash caused by COVID-19. The Senators received a private briefing on January 24 about the novel coronavirus, prior to the sales taking place. The four Senators are Richard Burr (RNC), Diane Feinstein (D-CA), James Inhofe (R-OK), and Kelly Loeffler […]

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Detained Huawei Executive Receives Bail

Posted: December 12, 2018 at 12:41 pm   /   Article, Business, Technology, WORLD

Meng Wanzhou who was arrested in Canada at the Vancouver International Airport on December 1st. Wanzhou is the Chief Financial Officer (CFO) of the Chinese company Huawei. Her detention came at the request of the United States who claims she used her position in Huawei to filter business deals with Iran through shell company Skycom […]

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Stock

US Stock Market: The Fall Of 2018

Posted: December 5, 2018 at 6:29 am   /   Article, Business, U.S.

For investors and middle-class workers watching their 401(k), the last few months have been a tailspin of unfulfilled returns and dropping stock prices. These huge losses on the market come off the heels of investors who were riding high on the early to mid-2018 bull market. In October alone the S&P 500 dropped 6.9 percent, […]

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HQ2

Amazon’s HQ2 And What It May Mean For New York

Posted: November 29, 2018 at 12:51 pm   /   Business, FEATURED STORIES, Lifestyle, WORLD

This November the city of New York reached a deal with e-commerce behemoth Amazon that will see them build a second headquarters, “HQ2,” in the Long Island City area of Queens. It’s the largest economic development project in the history of the state and was hard won against the likes of New Jersey and others, […]

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