June 19, 2026

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Federal Judge Orders Google to Open Its Android App Store to Competition – wbap.com
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SAN FRANCISCO (AP) — A federal judge has ordered Google to tear down the digital walls shielding its Android app store from competition. The order comes as Google’s punishment for maintaining an illegal monopoly that helped expand the company’s internet empire. The injunction issued by U.S. District Judge James Donato on Monday will require Google to make several changes that the Mountain View, California, company had been resisting. Those include a provision that will require its Play Store for Android apps to distribute rival third-party app stores so consumers can download them to their phones, if they so desire.
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China made it clear to the world recently that it is committed to following the ESG standards of the DNC-CCP, with ESG standing for Environmental, Social, and Governance. A recent government propaganda piece signaled China’s involvement in the woke ideology and its commitment to following the standards.

From senecaesg.com: Although China’s ESG framework is still developing, it aligns closely with international standards, ensuring that mainland companies adhere to sustainable practices. This regulatory push is expected to promote widespread ESG awareness and implementation across industries.

China Strengthens ESG Compliance with New Regulatory Framework for Carbon Neutral Strategy – senecaesg.com
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Excerpt:

China has made significant progress in establishing a regulatory framework for Environmental, Social, and Governance (ESG) compliance, evolving over two decades. The first ESG policy, initiated in 2003, laid the groundwork for environmental information disclosure. By 2022, the State Council’s “Opinions on Comprehensively Promoting the Construction of a Beautiful China” emphasized the importance of ESG. This government endorsement advanced China’s focus on ecological governance and green economic development. 

Recent developments, like the Ministry of Finance’s 2023 draft “Corporate Sustainability Disclosure Standards,” marked a milestone in ESG regulations. These guidelines broaden ESG disclosure requirements beyond listed companies to include small and medium-sized enterprises. They focus on governance, strategy, and risk management, requiring timely and transparent reporting. 

Additionally, the Shanghai, Shenzhen, and Beijing stock exchanges have introduced guidelines mandating sustainable development reports for certain companies, emphasizing both financial and environmental impact. These reports must align with the company’s annual reports, fostering regulatory compliance. 

Although China’s ESG framework is still developing, it aligns closely with international standards, ensuring that mainland companies adhere to sustainable practices. This regulatory push is expected to promote widespread ESG awareness and implementation across industries. 

China hits European Union with new anti-dumping tax on mostly French brandy imports – upi.com
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The Chinese government is reportedly considering additional tariffs on other EU imports including cars, pork and dairy products.

Currently, China is seeing a downturn on cognac and brandy imports into the Chinese market. Import volumes for August were down 40% on a year-on-year basis, according to the UBS spirit tracker. File Photo by Stephen Shaver/UPI | License Photo

Oct. 8 (UPI) — The Chinese government on Tuesday announced it will be placing an anti-dumping tax on Brandy produced in the European Union that is imported into China.

China’s Ministry of Commerce said officials on Friday will begin collecting security deposits from companies that sell European-made Brandy. The security deposits would equal more than 30% of the products’ total value.

The announcement came days after the EU decided on Friday to move ahead with tariffs on China-made electric vehicles of up to 45%. The extra tariff could be as high as 35% and would come on top of the existing 10% rate.

“The relevant brandy industry within China has been substantially damaged or threatened,” China’s Commerce Ministry said Tuesday.

A report in the Wall Street Journal claims the U.S. government is aware of a major cyberattack by China. The cyberattack enabled the Chinese Communists to access sensitive, as well as general, American wiretapping assets. Some of these systems include the same systems America’s de facto Star Chamber Courts, the FISA Courts, rely on, the same system that spied on a presidential candidate in 2016.

The report comes from WSJ interviews with informants, from which the publication concluded, “A cyberattack tied to the Chinese government penetrated the networks of a swath of US broadband providers, potentially accessing information from systems the federal government uses for court-authorized network wiretapping requests. For months or longer, the hackers might have held access to network infrastructure used to cooperate with lawful US requests for communications data, according to people familiar with the matter.”

Reports: China hacked Verizon and AT&T, may have accessed US wiretap systems – arstechnica.com
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Chinese government hackers penetrated the networks of several large US-based Internet service providers and may have gained access to systems used for court-authorized wiretaps of communications networks, The Wall Street Journal reported Saturday. “People familiar with the matter” told the WSJ that hackers breached the networks of companies including Verizon, AT&T, and Lumen (also known as CenturyLink)….

The Washington Post reported on the hacking campaign yesterday, describing it as “an audacious espionage operation likely aimed in part at discovering the Chinese targets of American surveillance.” The Post report attributed the information to US government officials and said an investigation by the FBI, other intelligence agencies, and the Department of Homeland Security “is in its early stages.”

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The Guardian is reporting that Melania Trump will claim she is Pro-Unborn-Baby-Murder in her soon-to-be-released memoir in a move that may have been intended to chase pro-life voters away from the Trump ticket. Melania confirmed her position in a video share on X where she wrote “Individual freedom is a fundamental principle that I safeguard. Without a doubt, there is no room for compromise when it comes to this essential right that all women possess from birth: individual freedom. What does my body, my choice really mean?”

While some pro-life voters might now not vote for Trump after this, it is more likely, in this writer’s opinion, this will create far more new Trump voters, suburban white women who would otherwise not vote for Democrats if abortion wasn’t the main issue, than it will cause Trump to lose voters.

Melania Trump confirms support for abortion rights in new video, putting her at odds with husband’s position – Local 3 News
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Former first lady Melania Trump said in a new video posted Thursday that she believes there is “no room for compromise” when it comes to a woman’s “individual freedom,” after The Guardian reported excerpts from her forthcoming book in which she says she supports abortion rights “free from any intervention or pressure from the government.”

“Individual freedom is a fundamental principle that I safeguard. Without a doubt, there is no room for compromise when it comes to this essential right that all women possess from birth: individual freedom. What does my body, my choice really mean?” the former first lady said in a video posted on X.

Her defense of abortion rights puts her at odds with her husband’s position roughly a month from Election Day. Donald Trump regularly takes credit for the overturning of Roe v. Wade, which eliminated federal protections for abortion and led to the enactment of severe restrictions on the procedure in mostly Republican-led states. The former president has said, however, that he would veto a federal abortion ban if he is elected again and that the issue should be left up to the states to legislate.

Melania Trump has been largely absent from the campaign trail amid her husband’s third White House bid and has kept a low profile, except for the release of several videos on social media in recent weeks to promote her book, which is slated to be released next week. The video the former first lady posted Thursday includes a link to pre-order her book.

According to The Guardian, the former first lady writes in her book: “Why should anyone other than the woman herself have the power to determine what she does with her own body? A woman’s fundamental right of individual liberty, to her own life, grants her the authority to terminate her pregnancy if she wishes.”

The former president, meanwhile, has waffled on abortion rights over the course of his campaign, struggling at times to navigate an issue that has been politically fraught for Republicans in the post-Roe era. He said recently that he would not support a ballot measure to expand abortion access in his home state of Florida just 24 hours after suggesting he might. He has also taken to casting himself as a “protector” of women, claiming that American women won’t be “thinking about abortion” if he’s elected.

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After the longshoreman’s strike, Governor Ron DeSantis (R-FL) is moving to assure the ports in Florida stay open, calling up the national guard to step in to keep essential operations flowing. DeSantis said, “At my direction the Florida National Guard and the Florida State Guard will be deployed to critical ports affected to maintain order, and if possible, resume operations that would otherwise be shut down during this interruption.”

Florida’s Ron DeSantis Acts to Protect Voting Access, Re-Open Ports – RedState– redstate.com
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… On Thursday, Florida Governor Ron DeSantis spoke in that state’s Manatee County and described three actions he was taking in the wake of Hurricane Helene and the ongoing longshoreman’s strike.

He listed three executive actions.

The first was on lifting time restrictions on rentals, so residents who need a place to stay while they recover their homes are not limited, for instance, to 30-day periods.

The governor also authorized supervisors of elections in the hardest-hit counties, including Taylor and Manatee, to make appropriate accommodations so people are still able to vote, like how they were after Hurricane Ian.

Then, DeSantis said it was “unacceptable” for the dockworkers’ strike across the East and Gulf coasts to affect residents who need supplies to rebuild homes and businesses.

“At my direction the Florida National Guard and the Florida State Guard will be deployed to critical ports affected to maintain order, and if possible, resume operations that would otherwise be shut down during this interruption,” the governor said.

Internet wags have already responded to Governor DeSantis’ remarks on the port operations, in a bit of apparent wishful thinking. (WARNING: Implied harsh language)

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The FCC has approved the Chevron-Hess merger, but with a catch. The FTC has determined that John Hess will NOT be permitted to serve on the board due to conflicting interests. The merger was approved by a 3-2 vote.

The board issued a statement on their ruling regarding Hess, stating “Mr. Hess’s communications with competitors about global oil output and other dimensions of crude oil market competition disqualify him from serving on Chevron’s Board of Directors. FTC will use all its available enforcement tools to protect competition in this vital market and help ensure American consumers benefit from lower prices at the pump.”

US FTC approves Chevron-Hess merger — with a catch – Upstream Online
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Chevron’s proposed $53 billion merger with Hess has been cleared by the US Federal Trade Commission (FTC), though the regulatory agency is blocking Hess chief executive John Hess from joining the Chevron board over conversations it alleges he had with Opec officials about influencing crude oil prices abroad.

The FTC claimed Hess “communicated publicly and privately” with past and current secretaries general of Opec as well as Saudi Arabia officials, encouraging the oil producing nations to “stabilise production and draw down inventories” in an effort to raise crude prices.

A seat on Chevron’s board would give John Hess “a much larger platform to amplify his supportive messaging to Opec and others about Opec’s market stability goals, increasing the likelihood that Chevron could align its production with Opec’s output decisions to maintain higher oil prices,” an FTC statement said.

The FTC approved the order on a 3-2 vote.

“Mr. Hess’s communications with competitors about global oil output and other dimensions of crude oil market competition disqualify him from serving on Chevron’s Board of Directors,” Henry Liu, director of the FTC’s Bureau of Competition, said in a statement. “The FTC will use all its available enforcement tools to protect competition in this vital market and help ensure American consumers benefit from lower prices at the pump.”

Trump says he would veto a federal abortion ban if elected again – CNN
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Former President Donald Trump said Tuesday he would veto a federal abortion ban if he is elected again.

“Everyone knows I would not support a federal abortion ban, under any circumstances, and would, in fact, veto it, because it is up to the states to decide based on the will of their voters (the will of the people!)” Trump wrote in an all-caps post on his Truth Social platform during the CBS vice presidential debate between his running mate, Ohio Sen. JD Vance, and Minnesota Gov. Tim Walz.

“Like Ronald Reagan before me, I fully support the three exceptions for rape, incest, and the life of the mother,” Trump continued.

The GOP nominee has repeatedly said he would not sign a federal abortion ban, but during last month’s ABC debate with Vice President Kamala Harris, he would not commit to vetoing such a ban and instead argued he “wouldn’t have to.”

When he was asked during that debate about Vance telling NBC News that the former president would veto such legislation, Trump said he hadn’t spoken to Vance about it, saying, “I don’t think he was speaking for me.”

Elon Musk: California governor signs law banning voter ID requirements; ‘Joker is in Charge’, says Elon Musk – Times of India
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Tech billionaire Elon Musk has once again stirred up controversy by criticising California’s recent legislation that prohibits local governments from mandating voter ID requirements. Following governor Gavin Newsom’s signing of the bill into law, Musk took to X (formerly Twitter) to voice his disapproval.

The new law prevents local authorities from requiring residents to present valid identification in order to cast their vote.In his post, he expressed his concerns about election security and voter fraud, stating, “Wow, it is now illegal to require voter ID in California! They just made preventing voter fraud against the law. The Joker is in charge.”

His comment quickly generated a flurry of responses, with some supporting his viewpoint while others criticized his stance.
Users shared their apprehensions about the new legislation. One user wrote, “Democrats don’t even hide stealing elections anymore,” while another questioned, “If you need a driver’s license to drive a car, why wouldn’t you need an ID to vote in an election?”
In support of Musk’s position, a user commented, “The only reason. The only reason that you would ban voter ID is because you want to cheat. Period”.
However, another user countered this argument, saying, “Nah. New Zealand doesn’t require voter identification to vote or to enroll. It’s not “to cheat”. It’s to make voting as accessible as possible. If you call “allowing everyone who is legally able to vote, to vote as easily as they can” a form of ‘cheating’, well…”.

As Dockworkers Go on Strike, Union Negotiator Boldly Threatens to ‘Cripple’ the US Economy – RedState– redstate.com
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In a scene straight out of The Sopranos, video has emerged of Harold Daggett, the chief negotiator for the International Longshoreman’s Association, threatening to “cripple” the U.S. economy.

RedState has been reporting that a strike was looming, and the dockworkers made good on their threats by walking off the job at 12:01 a.m. Eastern time on Tuesday. The union foresaw a time in the not-so-distant future when robotics and AI would take over their profession, so they decided to double down and demand a significant increase in wages.

The ILA is reportedly asking for raises of $5 an hour, per year, which would be an immediate 12.8% pay hike on the current top pay of $39 an hour. Repeating that $5 an hour increase each year would result in raises totaling 77% during the life of the contract.

The union is also seeking a total ban on the use of automation in their industry.

In the video that’s taking the internet by storm now that the strike has begun, the Queens-born Daggett, sporting a gold chain around his neck, lays out in minute detail what will happen to the U.S. economy if the strike is allowed to linger.

When my men hit the streets from Maine to Texas, every single port locked down.

You know what’s going to happen?

I’ll tell you.

First week, be all over the news every night, boom, boom, second week.

Guys who sell cars can’t sell cars, because the cars ain’t coming in off the ships.

They get laid off.

Third week, malls are closing down.

They can’t get the goods from China.

They can’t sell clothes.

They can’t do this.

Everything in the United States comes on a ship.

They go out of business.

Construction workers get laid off because the materials aren’t coming in.

The steel’s not coming in.

The lumber’s not coming in.

They lose their job.

Everybody’s hating the longshoremen now because now they realize how important our jobs are.

He’s not wrong, and he certainly doesn’t hold back when summarizing the lengths to which they will take the strike: “I will cripple you, and you have no idea what that means. Nobody does.

The Longshoremen’s Association has officially gone on strike, meaning over 45,000 members of their union will no longer be working to keep America’s ports flowing with trade. The union is asking for a 77 percent pay increase, in part to compensate them for working during Covid-19 shutdowns, but they’re only being offered a 58 percent pay increase. They also hope to have guarantees to protect them from automation.

In a viral video, the Union President, Harold Dagget, threatened to shut everything down, to “cripple” America if they don’t meet the union demands. The White House has been limited in its response to the strike, with one White House official only saying they were “in talks” with the opposing parties. The last time the union struck was in 1977.

10-07-2024

AMERICA’S DRUGS ABOUT TO BECOME SCARCE IF LONGSHOREMAN’S STRIKE CONTINUES – Thanks to the collusion between “American’ elites with foreign interests, especially China, America’s pharmaceutical institutions have become solely dependent on countries like China that want to destroy our republic. With the Ports shutting down in America thanks to what appears to be a far-left and grifter motivated strike by longshoremen, Americans that need drugs to stay alive may soon be dying after the current supply runs out.

Dr. Pat Basu, managing partner at Varsity Healthcare Partners sounded the alarm on FOX Business, claiming “Patients’ access to critical medications may be threatened in the event of prolonged strikes at ports along the East and Gulf coasts, medical professionals are warning. While manufacturers and wholesale distributors may carry a month or more of certain drugs, as you get closer to the point of patient contact, namely providers and retail pharmacies, they carry a much more limited supply, potentially five to seven days in many cases.”

DESANTIS CALLS UP NATIONAL GUARD TO KEEP FLORIDA PORTS OPEN – After the longshoreman’s strike, Governor Ron DeSantis (R-FL) is moving to assure the ports in Florida stay open, calling up the national guard to step in to keep essential operations flowing. DeSantis said, “At my direction the Florida National Guard and the Florida State Guard will be deployed to critical ports affected to maintain order, and if possible, resume operations that would otherwise be shut down during this interruption.”

..

Below are more links and blurbs as this story unfolds.

US port strike: Over 45,000 dockworkers from Maine to Texas hit picket lines– apnews.com
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PHILADELPHIA (AP) — Dockworkers at ports from Maine to Texas began walking picket lines early Tuesday in a strike over wages and automation that could reignite inflation and cause shortages of goods if it goes on more than a few weeks.

The contract between the ports and about 45,000 members of the International Longshoremen’s Association expired at midnight, and even though progress was reported in talks on Monday, the workers went on strike. The strike affecting 36 ports is the first by the union since 1977.

Workers began picketing at the Port of Philadelphia shortly after midnight, walking in a circle at a rail crossing outside the port and chanting “No work without a fair contract.”

The union had message boards on the side of a truck reading: “Automation Hurts Families: ILA Stands For Job Protection.”

At Port Houston, which is in the Central time zone an hour behind the East Coast, at least 50 workers gathered outside the port with signs saying “No Work Without a Fair Contract.” They appeared poised to begin picketing. Workers showed a statement from the ILA on the strike saying that employers have refused to compensate workers fairly.

“The ILA is fighting for respect, appreciation and fairness in a world in which corporations are dead set on replacing hard-working people with automation,” the statement said. “Robots do not pay taxes and they do not spend money in their communities.”

10-02-24

UNION PRESIDENT

As Dockworkers Go on Strike, Union Negotiator Boldly Threatens to ‘Cripple’ the US Economy – RedState– redstate.com
Source Link
Excerpt:

In a scene straight out of The Sopranos, video has emerged of Harold Daggett, the chief negotiator for the International Longshoreman’s Association, threatening to “cripple” the U.S. economy.

RedState has been reporting that a strike was looming, and the dockworkers made good on their threats by walking off the job at 12:01 a.m. Eastern time on Tuesday. The union foresaw a time in the not-so-distant future when robotics and AI would take over their profession, so they decided to double down and demand a significant increase in wages.

The ILA is reportedly asking for raises of $5 an hour, per year, which would be an immediate 12.8% pay hike on the current top pay of $39 an hour. Repeating that $5 an hour increase each year would result in raises totaling 77% during the life of the contract.

The union is also seeking a total ban on the use of automation in their industry.

In the video that’s taking the internet by storm now that the strike has begun, the Queens-born Daggett, sporting a gold chain around his neck, lays out in minute detail what will happen to the U.S. economy if the strike is allowed to linger.

When my men hit the streets from Maine to Texas, every single port locked down.

You know what’s going to happen?

I’ll tell you.

First week, be all over the news every night, boom, boom, second week.

Guys who sell cars can’t sell cars, because the cars ain’t coming in off the ships.

They get laid off.

Third week, malls are closing down.

They can’t get the goods from China.

They can’t sell clothes.

They can’t do this.

Everything in the United States comes on a ship.

They go out of business.

Construction workers get laid off because the materials aren’t coming in.

The steel’s not coming in.

The lumber’s not coming in.

They lose their job.

Everybody’s hating the longshoremen now because now they realize how important our jobs are.

He’s not wrong, and he certainly doesn’t hold back when summarizing the lengths to which they will take the strike: “I will cripple you, and you have no idea what that means. Nobody does.

 

Microsoft reveals Russian election interference targeting Kamala Harris presidential campaign – Moneycontrol

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Microsoft’s latest Threat Intelligence Report reveals that Russia has been targeting the Harris-Walz campaign. A report shared by Microsoft suggests that there has been a notable shift in Russian influence operations tactics reflecting the changing US political environment. Earlier in August, Microsoft had shared another report which revealed Russia and Iran targeting US presidential elections.

As per Microsoft, a Kremlin-aligned troll farm produced and disseminated two inauthentic videos, each generating millions of views. “One video depicted an attack by alleged Harris supporters on a supposed Trump rally attendee, while another used an on-screen actor to fabricate false claims about Harris’s involvement in a hit-and-run accident,” said Microsoft.

Microsoft also said that there has been a Russian hacking group that has been publishing false videos discrediting Vice President Harris. One of the videos, which was shared on X shortly after it was published to Telegram, depicted a fake New York City billboard advancing false claims about Harris’ policies. The X post received more than 100,000 views in the four hours after it was published on Telegram, said Microsoft.

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Chevron’s proposed acquisition of Hess for $53 billion looks to go through as the Federal Trade Commission (FTC) signals its intentions to approve the deal. Part of the deal will involve the acquisition of Hess’ Guyana holdings, which Exxon and its Chinese partner, Cnooc, are fighting to prevent from happening. Both companies are in partnership with Hess in that Guyana venture.

FTC expected to greenlight Chevron’s proposed Hess deal – Reuters– seekingalpha.com
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The U.S. Federal Trade Commission is expected to approve Chevron’s (CVX) $53B acquisition offer for Hess (NYSE:HES) as soon as this week, Reuters reported Monday, which would leave Exxon Mobil’s (XOM) challenge to the

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The U.S. government has announced plans to ban Chinese software companies from being used in American-sold cars. The move will not only affect China, but it will also affect American vehicle manufacturers like Ford. The government cited national security concerns for the reason behind the decision.

U.S. moves to ban Chinese software, hardware from all vehicles in America– globalnews.ca
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The U.S. government is proposing a ban on key Chinese software and hardware in connected vehicles on American roads due to national security concerns, the White House announced Monday.

The move marks the latest crackdown on China’s automotive industry by the Biden administration and would effectively bar all Chinese cars from entering the U.S. market. It also raises questions about whether Canada will do the same, after matching America’s lead in slapping high tariffs on Chinese electric vehicles and weighing further restrictions.

The planned regulation by the U.S. Commerce Department, which still needs to be finalized, would also force American and other major automakers in the coming years to remove key Chinese software and hardware from vehicles in the U.S.

A fact sheet from the White House says the proposed rule targets technology and components imported from “countries of concern,” which also includes Russia.

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In a move that is sure to help the Kamala Harris election campaign, the Federal Reserve has announced a half point rate cut, the first of its kind in four years, just in time for the 2024 election. Federal Chair Jerome Powell claimed the decision was purely based on economics, not politics.

He claimed, “This is my fourth presidential election at the Fed, and it’s always the same. We’re always going to this meeting in particular and asking what’s the right thing to do for the people we serve. Nothing else is ever discussed… We now see the risks to achieving our employment and inflation goals as roughly in balance, and we are attentive to the risks of both sides of our dual mandate.”

The Fed says its long-awaited rate cut is apolitical, even close to the presidential election – Washington State Standard
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The Federal Reserve’s first key interest rate cut in four years coincides with another major four-year event: the homestretch of the presidential election.

Fed Chair Jerome Powell downplayed the central bank’s role in the race between Vice President Kamala Harris and former President Donald Trump on Wednesday, in announcing the half-percentage point cut in its benchmark rate. But that didn’t stop the candidates’ campaigns from weighing in, and it could prove a key factor for voters.

“This is my fourth presidential election at the Fed, and it’s always the same. We’re always going to this meeting in particular and asking what’s the right thing to do for the people we serve,” Powell said. “Nothing else is ever discussed.”

The decision to cut for the first time during the Biden Administration indicates the Federal Reserve’s Board of Governors believe the economy has beaten the COVID-19 pandemic-induced wave of inflation that has plagued it since mid-2021. The Fed hiked its key rate 11 times between March 2022 and July 2023.

Inflation peaked at 9.1% in June 2022. The Consumer Price Index, a measure of inflation, rose 2.5% over the past year, according to the latest release from the Bureau of Labor Statistics in August. The unemployment rate was 4.2% in August, down from 4.3% in July, but still much higher than 3.5% in July 2023 when the Fed made its last rate hike.

“We now see the risks to achieving our employment and inflation goals as roughly in balance, and we are attentive to the risks of both sides of our dual mandate,” Powell said.

Wednesday’s was the first in what is expected to be a series of key rate cuts. For now, that benchmark rate is 4.75 to 5%

U.S. House Speaker Mike Johnson (R-AR) has announced plans to put forward a CR, a continuing resolution to fund the federal government at current levels, without the Trump-supported amendment called the SAVE Act. The amendment would have assured no state or local government could allow non-citizens to vote no matter what reason they might give.

Trump and other conservatives have urged the Speaker to shut to government down if the SAVE Act isn’t included. The Speaker defended his decision, writing “While this is not the solution any of us prefer, it is the most prudent path forward under the present circumstances. As history has taught and current polling affirms, shutting the government down less than 40 days from a fateful election would be an act of political malpractice.”

Read the Updated Election Law September 2024 Report

House Speaker Johnson axes Trump voting restrictions in new government funding bill – CNBC
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Excerpt:

Republican House Speaker Mike Johnson on Sunday announced a new temporary government funding proposal with key amendments from the original bill he put forward earlier this month, going against former President Donald Trump’s wishes and making some concessions to Democrats.

The new bill would fund the government through Dec. 20 and does not include any part of the SAVE Act, the Trump-backed election security proposal that would require people to show proof of citizenship to register as a voter.

In a letter to colleagues on Sunday, Johnson said, the “very narrow, bare-bones” proposal would include “only the extensions that are absolutely necessary” to avoid a government shutdown.

Congressional Republicans and Democrats have eight days to strike a deal on government funding. If no resolution is reached, the government will go into partial shutdown on Oct. 1 at 12:01 a.m. ET, just over a month away from the November election when party control will be up for grabs in both the White House and Congress.

 

Chinese Electric Vehicles Could Be ‘Weaponised’ by Beijing, Report Warns– www.breitbart.com
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The British government’s open-doors approach to electric vehicles from Communist China threatens to undercut domestic manufacturing and expose the country to national security risks, with a think tank warning that EVs could be “weaponised” by Beijing.

A report from the China Strategic Risks Institute (CSRI) warned that the growing market share of and dependency on Chinese-made electric vehicles in Britain presents both “economic and security risks” to the United Kingdom.

The report noted that the UK’s domestic car industry is responsible for 198,000 manufacturing jobs, representing 2.5 per cent of the country’s entire GDP.

Teamsters Release Presidential Endorsement Polling Data – teamsters.org
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Excerpt:

The International Brotherhood of Teamsters today publicly released six months of membership polling data on the union’s possible endorsement for the next U.S. President, revealing former President Donald Trump and President Joe Biden each edged Vice President Kamala Harris among Teamsters voters in major polls commissioned by the union….

From April 9-July 3, nearly 300 Teamsters local unions nationwide conducted first-of-their-kind Presidential town halls, soliciting endorsement preferences from members via straw polls. The in-person voting was held prior to Biden’s withdrawal from the race. The Teamsters’ polling data shows members backed Biden 44.3 percent to Trump’s 36.3 percent.

Following the Republican National Convention and Biden’s campaign exit, the Teamsters commissioned a national electronic poll of its 1.3 million members, overseen by an independent third party. During a voting window from July 24-Sept. 15, rank-and-file Teamsters voted 59.6 percent for the union to endorse Trump, compared to 34 percent for Harris.

Elon Musk’s Post After Apparent Trump Assassination Attempt Sparks Backlash – Newsweek
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Elon Musk has faced backlash after writing, “No one is even trying to assassinate Biden/Kamala,” following an apparent second assassination attempt on Donald Trump.

On Sunday evening, a shooter attempted to assassinate the Republican presidential candidate at his golf course in West Palm Beach, Florida, the FBI said. No injuries have been reported, according to the Associated Press, which cited a spokesperson for Palm Beach County Sheriff’s Office.

Following the attack, user @cb_doge on X, formerly Twitter, wrote, “Why they want to kill Donald Trump.” Musk, the billionaire owner of the social media site who supports Trump, replied, “And no one is even trying to assassinate Biden/Kamala.”

Details of new US bank capital rules still uncertain with election looming – Reuters
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WASHINGTON, Sept 11 (Reuters) – U.S. bank investors, analysts and executives were trying to figure out on Wednesday how lenders would fare under revised hikes in capital requirements, with considerable uncertainty over what specifics will emerge from the Federal Reserve and other regulators, and the presidential election a looming wild card.

The Fed’s regulatory chief Michael Barr on Tuesday outlined a plan to raise big bank capital by 9%, easing an earlier proposal to hike capital 19%. It was a major concession to Wall Street banks that had lobbied to water down the “Basel” draft.

 

US inflation rate slows as Federal Reserve prepares to lower interest rates – MSN
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The consumer price index, the top measure for inflation in the U.S., slowed in August to 2.5% in the 12-month period ending in August, according to the Bureau of Labor Statistics who released the updated consumer price index on Wednesday.

The new data shows that inflation is now below recent norms. In the last decade, prices generally increase at a rate of 3.2% per year. In the last 20 years, consumer inflation has generally increased 3% annually.

The consumer price index weighs the costs of goods based on their importance. Items like food, shelter and energy tend to be weighted more heavily.

After annual inflation reached 9% in the middle of 2022, the Federal Reserve implemented a series of interest rate hikes in 2022 and 2023 to combat high inflation. Federal Reserve Chair Jerome Powell has stated the Federal Reserve’s goal is to reduce inflation to an annualized rate of 2%.

CEO of World’s Largest Bank Hints at Historic Crash– www.breitbart.com
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Excerpt:

The world’s most powerful CEO just issued a grave warning to Americans: “This may be the most dangerous time the world has seen in decades.”

His comment is especially disturbing because as the CEO of JPMorgan, the world’s largest bank, Jamie Dimon has access to more financial information than anyone. And he didn’t rise to power as a hot-head or doom-and-gloomer. He is calm, calculating, and knows the gravity of his words.

So, if he believes political instability is reaching a boiling point, one that could even hurt the world’s largest bank, smart investors know to take evasive action.

Dimon later got more specific when he said, “The danger is government debt and inflation.”

US appeals court voids $564 million verdict against Bank of Montreal in Ponzi case – MSN
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Excerpt:

Bank of Montreal persuaded a U.S. appeals court on Thursday to throw out a $564 million jury verdict against a subsidiary over its role in an approximately $3.65 billion Ponzi scheme run by convicted Minnesota businessman Tom Petters.

Citing a similar case involving Bernard Madoff, the 8th U.S. Circuit Court of Appeals said a court-appointed trustee for the now-bankrupt Petters Co could not recover on behalf of its creditors because that firm had helped orchestrate the fraud.

The 3-0 decision by the St. Paul, Minnesota-based court overturned a November 2022 jury verdict, and directed that trustee Douglas Kelley’s case against BMO be dismissed.

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US inflation rate slows as Federal Reserve prepares to lower interest rates – MSN
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Excerpt:

The consumer price index, the top measure for inflation in the U.S., slowed in August to 2.5% in the 12-month period ending in August, according to the Bureau of Labor Statistics who released the updated consumer price index on Wednesday.

The new data shows that inflation is now below recent norms. In the last decade, prices generally increase at a rate of 3.2% per year. In the last 20 years, consumer inflation has generally increased 3% annually.

The consumer price index weighs the costs of goods based on their importance. Items like food, shelter and energy tend to be weighted more heavily.

After annual inflation reached 9% in the middle of 2022, the Federal Reserve implemented a series of interest rate hikes in 2022 and 2023 to combat high inflation. Federal Reserve Chair Jerome Powell has stated the Federal Reserve’s goal is to reduce inflation to an annualized rate of 2%.

CEO of World’s Largest Bank Hints at Historic Crash– www.breitbart.com
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Excerpt:

The world’s most powerful CEO just issued a grave warning to Americans: “This may be the most dangerous time the world has seen in decades.”

His comment is especially disturbing because as the CEO of JPMorgan, the world’s largest bank, Jamie Dimon has access to more financial information than anyone. And he didn’t rise to power as a hot-head or doom-and-gloomer. He is calm, calculating, and knows the gravity of his words.

So, if he believes political instability is reaching a boiling point, one that could even hurt the world’s largest bank, smart investors know to take evasive action.

Dimon later got more specific when he said, “The danger is government debt and inflation.”

Boeing Workers Vote to Strike After Rejecting Pay Deal – Republic World
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Boeing workers have voted to go on strike after the members of the aircraft maker’s largest union overwhelmingly rejected a contract offer on Thursday. The vote by machinists, who construct Boeing’s 737, 777, and 767 jets, comes as their current contract is set to expire at midnight Friday local time.

The strike vote is significant because it affects a substantial portion of Boeing’s workforce in the Seattle area, totaling 33,000 machinists. This action could impact the company’s efforts to ramp up production and improve its reputation, which has suffered recently due to quality and safety issues.

Klaus Schwab says world is on ‘the cusp of a profound systemic transformation’– www.lifesitenews.com
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In the introduction to the WEF Annual Report 2023-2024, the WEF founder said that we were living in transformative times and that there were a handful of factors driving this systemic transformation:

We are on the cusp of a profound systemic transformation driven by interconnected shifts in a rapidly changing world

The five “interconnected shifts” include:

  • Transition from the industrial to the intelligent age,
  • Conflictual transition from a unipolar to a multipolar world,
  • Need to transition to a green economy,
  • Demographic shifts from a young to an ageing world,
  • Societal polarization and rise of misinformation.

Biden-Harris Admin Slated To Launch New Tax On American Businesses– americanactionnews.com
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The Biden-Harris administration released new draft rules Thursday that could hike taxes on roughly 100 companies in the White House’s latest push to increase government tax revenues, according to the Washington Post.

The new guideline would establish a 15% minimum tax on profitable companies with more than $1 billion in income in an effort to thwart corporations’ attempts to use accounting techniques to reduce their tax bills, the outlet reported. The policy, referred to as the corporate alternative minimum tax (CAMT), ties taxation to “book income” — the income companies report to their investors on financial statements — rather than taxable income, and is expected to increase taxes by $20 billion in 2025.

Is Labour teetering on the edge of a rental market collapse? – Property Reporter
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Excerpt:

“It seems that our new Labour government is picking up where its predecessors left off within the rental market landscape, driving legislative changes designed to deter landlords from the sector”
– Jonathan Samuels – Octane Capital

With Labour planning a capital gains tax attack on landlords in the Autumn Statement, Octane Capital commissioned a survey of UK landlords to gauge current sentiment within the sector.

The survey found that no less than 66% said they had already reduced the size of their investment portfolio in the last year, with reduced profitability due to previous legislative changes cited as the primary reason for these reductions.

The proposed rental market reform which includes the ban on Section 21 Notices also placed highly along with the inevitable increase in age, as many approach retirement.

52% of those surveyed also stated that when it came to their investment into the rental market, they feel less confident under the new Labour government and as many as 75% said that they are concerned that the current government may equalise capital gains tax in line with current income tax thresholds in the upcoming Autumn Statement.

US appeals court voids $564 million verdict against Bank of Montreal in Ponzi case – MSN
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Excerpt:

Bank of Montreal persuaded a U.S. appeals court on Thursday to throw out a $564 million jury verdict against a subsidiary over its role in an approximately $3.65 billion Ponzi scheme run by convicted Minnesota businessman Tom Petters.

Citing a similar case involving Bernard Madoff, the 8th U.S. Circuit Court of Appeals said a court-appointed trustee for the now-bankrupt Petters Co could not recover on behalf of its creditors because that firm had helped orchestrate the fraud.

The 3-0 decision by the St. Paul, Minnesota-based court overturned a November 2022 jury verdict, and directed that trustee Douglas Kelley’s case against BMO be dismissed.

Details of new US bank capital rules still uncertain with election looming – Reuters
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Excerpt:

WASHINGTON, Sept 11 (Reuters) – U.S. bank investors, analysts and executives were trying to figure out on Wednesday how lenders would fare under revised hikes in capital requirements, with considerable uncertainty over what specifics will emerge from the Federal Reserve and other regulators, and the presidential election a looming wild card.

The Fed’s regulatory chief Michael Barr on Tuesday outlined a plan to raise big bank capital by 9%, easing an earlier proposal to hike capital 19%. It was a major concession to Wall Street banks that had lobbied to water down the “Basel” draft.