Financial giants JPMorgan and State Street announced this week that they were leaving the Climate Action 100+ organization, an investors group that pushes ESG initiatives and controls about $68 trillion in assets.
Published: Wednesday, February 28th, 2024 @ 12:52 pm
By: Daily Wire
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In the Pines, a John Locke Foundation-produced short film based on the 1898 insurrection that toppled Wilmington’s elected local government, recently won Best Film and two other awards at the Golden Hour Film Festival in Morganton.
Published: Tuesday, November 21st, 2023 @ 7:30 am
By: Carolina Journal
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Two recent headlines grabbed my attention. The first was the announcement that Toyota, having already announced a major project to build batteries for electric vehicles in Randolph County, has expanded their plans.
Published: Sunday, November 19th, 2023 @ 9:55 am
By: Tom Campbell
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All economies are planned, the conflict is between who gets to make the plans: individuals or a centralized few
Published: Sunday, October 1st, 2023 @ 7:00 am
By: John Locke Foundation
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Chairman of the Federal Reserve Jerome Powell hinted that more interest rate hikes may be coming during a speech in Jackson Hole, Wyoming, on Friday.
Published: Friday, September 22nd, 2023 @ 4:50 pm
By: Daily Wire
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The potentially biggest event in our lifetimes occurred this week. No, it wasn’t the indictment of a former President of the United States by a politically motivated District Attorney.
Published: Thursday, July 20th, 2023 @ 6:06 pm
By: Eastern NC NOW Staff
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Officials at the Federal Reserve announced a 0.25% increase in the target federal funds rate on Wednesday, marking a slowdown from previous rate hikes meant to combat inflation, even as the financial sector contends with the collapse of three medium-sized regional banks.
Published: Friday, May 19th, 2023 @ 12:35 pm
By: Daily Wire
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World’s Largest Food Company Hikes Prices Nearly 10% In Just Three Months Due To Inflation PressuresNestlé, the largest food and drink company in the world, raised prices by a collective 9.8% in the first three months of the year as inflationary pressures increased input costs for the business.
Published: Monday, May 15th, 2023 @ 12:38 pm
By: Daily Wire
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Economists at the Federal Reserve predicted that a mild recession would hit the United States in the second half of 2023.
Published: Sunday, May 14th, 2023 @ 8:38 pm
By: Daily Wire
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PacWest stock plummeted as investors remain worried about the financial sector, a decline which occurred despite Federal Reserve officials assuring market actors hours earlier that the banking system is “sound and resilient.”
Published: Monday, May 8th, 2023 @ 11:21 am
By: Daily Wire
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Federal Reserve Bank of Cleveland President Loretta Mester said on Thursday that she expects policymakers will increase the target federal funds rate beyond 5.0% as inflationary pressures continue to impact the economy.
Published: Friday, May 5th, 2023 @ 8:50 am
By: Daily Wire
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Duke Energy Carolinas wants to increase residential rates for its customers between 16.2 and 16.6% by Sept. 1 and an additional 0.4% by Jan. 1. The utility is also seeking a rate hike for commercial and industrial customers. Rates would increase by 12.1% and 15.2%.
Published: Friday, April 14th, 2023 @ 8:15 pm
By: Carolina Journal
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Stocks slid after officials at the Federal Reserve announced a 0.25% increase in the target federal funds rate on Wednesday, continuing a slowdown from previous rate hikes meant to combat inflation and marking caution from policymakers given recent tumult in the banking sector.
Published: Wednesday, April 5th, 2023 @ 4:44 am
By: Daily Wire
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Federal Reserve Chair Jerome Powell warned lawmakers on Tuesday that the central bank would continue to increase the target federal funds rate as inflationary pressures remain elevated.
Published: Wednesday, March 15th, 2023 @ 12:18 am
By: Daily Wire
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Government subsidies involve policymakers using your money to prop up politically chosen initiatives
Published: Saturday, March 11th, 2023 @ 2:26 pm
By: John Locke Foundation
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Government Spending is the True Tax
Published: Wednesday, March 8th, 2023 @ 12:11 pm
By: John Locke Foundation
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North Carolina continues to make headlines for its economic development incentives
Published: Tuesday, February 21st, 2023 @ 11:09 am
By: John Locke Foundation
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Consumer spending fell 0.2 percent in December, making this the second consecutive month of decline. Covid savings are drying up and high interest rates appear to be cooling the economy.
Published: Tuesday, February 14th, 2023 @ 3:50 am
By: John Locke Foundation
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North Carolina’s decade of economic success deserves celebration. Even more so, however, it is worth applauding the important steps toward reform that state lawmakers have undertaken over the past decade.
Published: Thursday, January 26th, 2023 @ 9:05 am
By: John Locke Foundation
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Americans are now saving the smallest portion of their earnings in nearly two decades, according to data released on Thursday by the Bureau of Economic Analysis.
Published: Wednesday, December 7th, 2022 @ 3:04 am
By: Daily Wire
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Americans expected to pay more for Thanksgiving turkey this year than ever before, but residents of some states are experiencing far higher prices than their counterparts in others as inflation continues to impact the economy.
Published: Sunday, December 4th, 2022 @ 9:34 am
By: Daily Wire
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After two consecutive quarters of negative growth, the U.S. economy saw gains in the third quarter. U.S. gross domestic product (GDP) increased by 0.6% in Q3, according to the advance estimate released today by the Bureau of Economic Analysis.
Published: Saturday, November 19th, 2022 @ 3:09 am
By: John Locke Foundation
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The unemployment rate reached 3.7% in the month of October as payrolls rose by 261,000, according to a Friday report from the Bureau of Labor Statistics.
Published: Saturday, November 12th, 2022 @ 6:22 pm
By: Daily Wire
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The American economy grew at a 2.6% annualized pace in the third quarter of 2022, according to an advance estimate from the Bureau of Economic Analysis released Thursday.
Published: Sunday, November 6th, 2022 @ 2:41 am
By: Daily Wire
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Ocean logistics companies are canceling orders amid declines in worldwide consumer demand, according to a Monday report from CNBC.
Published: Friday, November 4th, 2022 @ 12:16 pm
By: Daily Wire
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Real gross domestic product (GDP) is confirmed to have shrunk at an annualized rate of 0.6% in the second quarter of 2022, according to a Thursday report from the Bureau of Economic Analysis.
Published: Wednesday, November 2nd, 2022 @ 8:40 am
By: Daily Wire
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The International Monetary Fund (IMF) cautioned the British government on Tuesday as officials moved to cut taxes and regulations, arguing that the agenda will worsen inflationary pressures.
Published: Tuesday, November 1st, 2022 @ 10:29 pm
By: Daily Wire
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Steve Forbes, the chair of Forbes Media and editor-in-chief of Forbes Magazine, argued on Monday that monetary policymakers are neglecting currency stabilization as a tool to combat inflation.
Published: Sunday, October 23rd, 2022 @ 11:01 am
By: Daily Wire
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Federal Reserve Vice Chair Lael Brainard said on Monday that the central bank increasing federal funds rate targets will have dramatic effects on economic activity.
Published: Friday, October 14th, 2022 @ 8:24 am
By: Daily Wire
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A key bridge connecting Crimea to mainland Russia was badly damaged in a huge explosion early Saturday, according to Russian media and social media video.
Published: Wednesday, October 12th, 2022 @ 10:36 am
By: Daily Wire
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After the Bank of England announced that it expects the economy of Britain to shrink in the third quarter of 2022, news outlets reported that the country is in a recession — although several American media outlets refused to do the same upon similar news in the United States.
Published: Monday, September 26th, 2022 @ 8:17 am
By: Daily Wire
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The Federal Reserve raised the federal funds rate 0.75% on Wednesday afternoon, sending the Dow Jones falling more than 500 points.
Published: Sunday, September 25th, 2022 @ 7:49 pm
By: Daily Wire
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