POLICY

Oct 17 2024POLITICS

Janet Yellen Warns: Tariffs Boost Inflation, Hurt Businesses

Treasury Secretary Janet Yellen is going to speak up against the idea of widespread tariffs, labeling them as a bad move. She'll be talking at the Council on Foreign Relations in New York City tomorrow afternoon. Just a few weeks before the election, voters care a lot about the economy. Trump's been

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Oct 17 2024FINANCE

Can Inflation Be Tamed with ECB Rate Cuts?

Today, the European Central Bank (ECB) made a significant move to tackle inflation. They lowered their key interest rates by a quarter of a percent. This includes the deposit facility rate, which steers their monetary policy. Why this decision? The ECB thinks inflation is slowing down, but it's stil

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Oct 17 2024BUSINESS

Meta Firings: When $25 Credits Go to Wine Glasses

Meta, the company behind Facebook and Instagram, recently gave the boot to over 20 employees in Los Angeles. Why? They were caught red-handed using food credits meant for meals to buy stuff like toothpaste and wine glasses. These credits were supposed to be used for food delivery services like Uber

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Oct 16 2024FINANCE

Why Britain's Lower Inflation is Making Waves in Global Markets

Stock markets around the world had a mixed day on Wednesday. This happened after U.S. stocks lost some of their recent gains, especially in tech and energy companies. Britain reported that its inflation rate dropped to 1.7% in September, the lowest in over three years. This good news boosted the FTS

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Oct 16 2024HEALTH

Tarrant County: New Rules for Unclaimed Bodies

For years, Tarrant County in Texas had been sending unclaimed bodies to the University of North Texas Health Science Center without family consent. This changed recently when the county commissioners unanimously voted for a new policy. Now, these bodies will be cremated or buried, but only after exh

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Oct 16 2024POLITICS

Will Biden's Legacy Hurt Harris' Chance at the White House?

President Joe Biden's unpopularity is a big deal. His policies, like the border situation and the economy, haven't been well-received. Even though he's not on the ballot, his shadow looms large. His vice president, Kamala Harris, is trying to win the election, but Biden's low approval rating is maki

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Oct 15 2024BUSINESS

Kamala Harris: A Champion for Small Business Owners

As former President Donald Trump continues to promote his business skills, Vice President Kamala Harris emerges as a better choice for small businesses. Her plans address the challenges entrepreneurs face today. One key proposal is to increase the tax deduction for new small businesses from $5,000 t

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Oct 14 2024FINANCE

China's Finance Ministry Prioritizes Local Debt Over Economic Boost

China's Ministry of Finance recently held a press briefing, highlighting its focus on resolving local government debt issues rather than providing the economic stimulus markets were hoping for. Finance Minister Lan Fo'an outlined four key measures to support local governments in managing debt risks.

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Oct 13 2024POLITICS

Trump Supporters' Group Hit by Cyberattack

The America First Policy Institute, a group advising future Trump administrations, has reported a recent cybersecurity breach. This is the second known incident targeting Trump's supporters. The breach was discovered last week, but the group hasn't disclosed what was compromised. Marc Lotter, the or

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Oct 12 2024HEALTH

Tragic Loss: Parents Seek Change After Daughter’s Overdose in Homeless Camp

Lance Charles and Sarah Macdonald recently shared their heartbreaking story with the federal Standing Committee on Health in Ottawa. Their 13-year-old daughter, Brianna, died from an overdose in a homeless camp in Abbotsford, B.C., on August 23. Brianna struggled with mental health issues that led h

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