5 things to know before the stock market opens Wednesday, June 22

Here are the top news, trends and analysis that investors need to start their trading day: 1. Wall Street is poised to give up many of its gains on Tuesday Traders on the floor of the New York Stock Exchange, June 16, 2022. Source: NYSE US stock futures It fell on Wednesday, pointing to an … Read more

Russia and Lithuania, a NATO member, are clashing over Kaliningrad

A sign reading “Kaliningrad” stands on top of the southern railway station in the main city. Kaliningrad is a small Russian enclave on the Baltic Sea located between Lithuania and Poland. It has become the center of contention between Russia and Lithuania, a NATO member. Harry Engels | Getty Images Sport | Getty Images A … Read more

Biden, Chevron’s chief of commerce sharp words on gas prices

Washington (AFP) – In a back-and-forth signal, Chevron’s chief complained on Tuesday that President Joe Biden had denigrated energy companies at a time when gasoline prices were near record levels and the president responded that the oil company’s CEO was a “moderate” sensitive. “ The president in recent weeks has criticized oil producers and refiners … Read more

Former US ambassador says raising tariffs on China can lower inflation

Former US ambassador David Adelman said removing tariffs on imported Chinese goods would strip 1% of US inflation over time and restore confidence in the economy, which could help President Joe Biden at the ballot box. “Inflation will be the number one issue in the November US midterm elections,” Adelman told CNBC’s “Squawk Box” on … Read more

Indigenous activists in Brazil talk about their struggle for the survival of the planet

Over ten days in April, members of indigenous communities from across Brazil descend on Brasilia, the nation’s capital, for the Acampamento Terra Livre (ATL) – the largest mobilization of indigenous peoples the country has ever seen. Featuring representatives of the 305 indigenous peoples living in Brazil, they have come together to protest the grave existential … Read more

Analysis: America is on edge, and that’s bad news for the White House

CNN – If the Americans are “really really ,” as such President Joe Biden suggests, not surprisingly. Many key aspects of economic, social and national life that were previously seen as running smoothly are now becoming unshared. The covid-19 pandemicAlthough she loosened her deadly grip, she left a complex legacy of challenges that continue to … Read more

The economy is heading for a hard landing. Larry Summers on Inflation, Recession, and the Federal Reserve.

Economist Lawrence Summers never joined the Transitory team, or the economists, investment strategists, and Federal Reserve members who believed that inflation It will be a temporary phenomenon. Instead, he warned early and often that the massive fiscal and monetary stimulus launched in response to the impact of the Covid pandemic Leads to overheating of the … Read more

Happy Father’s Day, Dr. Cronin

When I was three, I would sometimes walk beside my father while my mother was busy with my eight brothers and sisters. I was young and my dad was too tall and stout to hold a small child by the hand, let alone carry it with me. Instead, he was holding his elegant index finger. … Read more

5 things to know before the stock market opens Thursday, June 16

Here are the top news, trends and analysis that investors need to start their trading day: 1. Wall Street braces for a dip as Fed rate hike fades A screen displays a Federal Reserve rate announcement as a trader works (inside a post) on the floor of the New York Stock Exchange (NYSE) in New … Read more

Biden admits inflation is ‘weakening the power of a lot of families’ as economists prepare for the Federal Reserve to raise interest rates

CNN – President Joe Biden spoke to a friendly crowd of union supporters Tuesday, hoping to put something positive on his economic record amid inflation he hasn’t seen in decades and blames Republicans for derailing his domestic agenda. Speaking to the AFL-CIO Conference in Philadelphia, Biden sought To reassure the American people which deal with … Read more