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Bill Gates' 180 on Climate Change: It's Not 'Doomsday'
Billionaire Bill Gates appears to have shifted his stance on the risks posed by climate change.
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ADP: Payrolls Rose Average 14,250 in 4 Weeks to Oct. 11
U.S. private payrolls increased by an average 14,250 jobs in the four weeks ending October 11, the ADP National Employment Report's inaugural weekly preliminary estimate showed Tuesday.
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Trump Slams Fed Chair Powell: 'Incompetent'
U.S. President Donald Trump Tuesday said there was a long list of people who could take over the Federal Reserve, slamming current chairman Jerome Powell as the central bank prepared to meet this week.
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Brokerages Eye Consecutive Fed Rate Cuts for the Rest of 2025
Major brokerages expect the U.S. Federal Reserve to deliver 25-basis-point interest rate cuts at each of its two remaining monetary policy meetings this year, following the widely anticipated quarter-point reduction in September.
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Federal Reserve Likely to Cut Key Rate Wednesday
The Federal Reserve will almost certainly cut its key interest rate Wednesday and could signal it expects another cut in December as the central bank seeks to bolster hiring.
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US to Keep Dominating Global Investment Flows: Finance Execs
The United States will continue to draw the vast majority of investment flows and the risks of a slowdown in the world's largest economy are overblown, the heads of major financial firms said at a conference in Saudi Arabia Tuesday.
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China and ASEAN Sign Expanded Free Trade Pact
China signed an expanded version of a free trade agreement with the Association of Southeast Asian Nations as both face increased protectionism from the United States, and Chinese Premier Li Qiang emphasized his country's close ties with the region."Unity is strength," Li...
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Trump, Japan Agree on Rare Earth, Critical Minerals Supply
President Donald Trump and Japan Prime Minister Sanae Takaichi on Tuesday signed a framework agreement for securing the supply of critical minerals and rare earths through mining and processing, the White House said in a statement.
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Trump WH Narrows Potential Federal Reserve Chairs to 5
Treasury Secretary Scott Bessent on Monday confirmed the names of five candidates to replace Jerome Powell as chair of the powerful Federal Reserve next year.
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Chang: US-China Deal 'Basically a 1-Year Truce'
President Donald Trump is expected to reach a deal with Chinese President Xi Jinping to avert a new 100% U.S. tariff on Chinese goods, which is "basically a one-year truce," China analyst Gordon Chang told Newsmax on Monday.
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Amazon May Cut 30K Corporate Jobs Starting Tuesday
Amazon is planning to cut as many as 30,000 corporate jobs beginning Tuesday as the company works to pare expenses and compensate for overhiring during the peak demand of the pandemic, according to three people familiar with the matter.
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McFarland: China's Economy in Big Trouble
China's economy is "in big trouble," and Beijing's dependence on U.S. markets has left it in a precarious position amid ongoing tensions between Washington and Beijing, former Trump administration official KT McFarland told Newsmax.
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Corporate Concerns Mount Ahead of Trump, Xi Talks
Global companies have a long list of concerns around the U.S.-China trade war. They will closely monitor President Donald Trump and Chinese President Xi Jinping's expected meeting in South Korea Thursday, hoping that the world's two biggest economies begin to resolve their...
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OPEC+ May Increase Oil Output Slightly: Sources
OPEC+, the world's largest grouping of oil-producing nations, is leaning towards a modest output boost in December, four sources familiar with the talks said, as they push on with monthly increases aimed at clawing back market share.
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Time to Address What D.C. Ignores: National Debt
After the president signed the GOP's OBBB into law last July, a government watchdog group warned that "something has to give" as the national debt approaches $39 trillion.
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Mexico, Trump Agree to Extend Trade Deadline
Mexican President Claudia Sheinbaum said Monday she spoke with President Donald Trump on Saturday and that Mexico and the United States will extend a trade deadline for "a few more weeks" to discuss pending issues with Washington.
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California's Fossil Fuel Crisis: Worse Than You Think
California's leaders spent years promising an expedited break from fossil fuels, but the state is discovering a hard truth: gasoline and diesel still underpin day-to-day life, and California will keep relying on oil even as it builds out alternatives.
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Money Supply Growth: A Thesis With a Fatal Flaw
Recently, MarketWatch ran a provocative headline: "When the world's largest asset manager and the Bond King both agree: Run to gold, silver, and bitcoin."
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China Downgrades Germany
Welcome to reality. Germany's dramatic economic collapse is dragging its geopolitical standing down with it.
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US Debt to Overtake Italy, Greece, IMF Report Shows
The U.S. is on course to surpass both Italy and Greece in government debt for the first time this century, according to new projections from the International Monetary Fund - a stark warning about the deteriorating state of America's public finances, The Financial Times...
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The Federal Reserve Should Just Say No to the Political Class
The Congress established the Federal Reserve as a politically independent central bank, and shouldn't enable the political class's profligate spending.Just about everyone, save creditors, likes lower interest rates.
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Presidents Reagan & Trump Share a Common Tariff Policy
Recently, Ontario, Canada, made the questionable decision to air a clip of former President Reagan that misleadingly suggests he was completely anti-tariff.
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Trump Nears Trade Deal With China
The second day of trade talks between the U.S. and China was paving the way for a "productive meeting" between President Donald Trump and President Xi Jinping, Washington's top trade envoy said in Kuala Lumpur on Sunday, raising hopes of a deal between the world's two...
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Canada Pauses Reagan Ad to Permit US Trade Talks to Resume
Ontario will pause the Ronald Reagan ad campaign that prompted U.S. President Donald Trump to call off trade talks with Canada, Ontario Premier Doug Ford said Friday.
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Fed Proposes Bank 'Stress Test' Overhaul
The U.S. Federal Reserve on Friday unveiled an overhaul of its annual "stress tests" of large banks, handing the industry a long-sought win over an exercise they complain is opaque and onerous.