Business Insider
Left-Center Bias
Very Low Reliability
Over the last 3 days in narratives related to Inflation, Business Insider has talked about favorite topics, federal reserve, and economic growth more than any other topics.
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A 31-year market vet shares 2 signals that show a recession is...
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businessinsider.com
federal reserve · reserve bank · federal reserve bank
Jon Wolfenbarger, a 31-year market vet, shares 2 signals that show a recession is still on the way. He says the S&P 500 still has 48% downside as valuations remain near the richest levels in history. The former JPMorgan and Merrill Lynch banker and founder of Bull And Bear Profits warns theres pain ahead for stocks.
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Stocks are 'pretty overvalued' – and a recession is likely to hit...
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markets.businessinsider.com
jeffrey gundlach · risk premium · billionaire investor
Jeffrey Gundlach says stocks are 'pretty overvalued' and a recession is likely to hit in the next 9 months. Government overspending could lead to an inflationary recession or "stagflation," he said. The billionaire investor noted stocks have grown less and less appealing relative to bonds. The risk premium is the lowest in 17 years, by a lot, he added.
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'I don't believe in fairy tales': A veteran economist shares 10 overlooked...
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businessinsider.com
veteran economist · recession calls · training wheels
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Billionaire investor Bill Ackman says the Fed's fight against inflation may never...
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businessinsider.com
gas prices · billionaire investor · long-term inflation
Billionaire investor Bill Ackman says the Fed's fight against inflation may never end due to strikes and soaring gas prices. Ackman: "The long-term inflation rate is not going back to 2% no matter how many times Fed chair Jerome Powell reiterates it as his target" Inflation, as measured by the Consumer Price Index, has risen for two months in a row.
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The inflation threat isn't over yet – and the Fed won't ease...
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businessinsider.com
rate cuts · inflation threat · hedge fund
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'Shark Tank' investor Kevin O'Leary warns of more pain coming for the...
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markets.businessinsider.com
oil prices · shark tank · kevin o'leary
Kevin O'Leary predicts the Fed will push interest rates to 6% in a bid to lower inflation. Rates that high are bound to spark pain for small businesses, he said. Oil prices have stuck close to a 10-month high, with Brent crude the international benchmark, trading around $94 a barrel. Forecasters have warned that oil prices could go even higher through the end of the year.
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The bond market's notorious indicator is correctly signaling a coming recession, and...
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markets.businessinsider.com
yield curve · market's notorious · major mistake
Campbell Harvey, the Duke University finance professor who coined the inverted yield curve as an indicator of a coming downturn in 1995, doubled down on the accuracy of his recession gauge in an interview with CNBC on Thursday. The curve, which measures the difference between the 3-month and 10-year Treasury yields, has correctly predicted every recession since 1968. Harvey believes a recession is imminent due to the Fed's ultra-tight monetary policy, having raised interest rates aggressively over the past year to control inflation.
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Billionaire investor Bill Gross warns of more pain for bond investors with...
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markets.businessinsider.com
investor bill gross · billionaire investor bill · billionaire investor
Billionaire investor Bill Gross warns of more pain for bond investors with fixed-income on track for unprecedented 3-year slump. Gross underscored inflation and a growing national deficit as reasons for his bearishness. Government bond yields surged Thursday after the Federal Reserve kept interest rates unchanged at 5.25%-5.5%.
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US stocks tumble amid surging bond yields and potential government shutdown
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markets.businessinsider.com
bond yields · potential government · government shutdown
The 10-year US Treasury rate jumped to a high of 4.49% on Thursday, representing its highest level since October 2007. A potential government shutdown could be imminent after the House of Representatives went on recess after failing to pass a defense funding bill. Jobless claims fell to 201,000 last week, the lowest reading since January.
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A $10,000 bill from 1934 just sold for a record $480,000
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markets.businessinsider.com
heritage auctions · 1934 just sold · salmon chase
A $10,000 bill issued by the US Treasury in 1934 just sold at auction for a record-breaking $480,000. The sale of the high-denomination bill took place at Heritage Auctions on Friday. The front of the bill features Salmon Chase, who was President Abraham Lincoln's Treasury secretary.
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Nvidia stock is a bubble waiting to burst – and the AI...
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markets.businessinsider.com
nvidia's stock · generative ai · tulip mania
Nvidia's stock price has become a bubble, according to Rebellion Research. The semiconductor giant has soared 180% this year, thanks to the rise of generative AI. The think tank compared the chipmaker's valuation to several high-profile bubbles from the past 400 years. Rebellion Research: Shares could soon crash like tulip mania or dot-com companies.
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Deutsche Bank examined economic data going all the way back to the...
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businessinsider.com
reid wrote · deutsche bank · economic data
Deutsche Bank examined 323 years of economic data going back to 1700s to find out how likely a recession is today. The US economy just triggered the fourth and final warning sign that suggests a recession could hit the US economy. The head of global economics and thematic research at Deutsche Bank says the US will face more recessions more frequently in the years to come.
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Market Watch
High Reliability
Right-Center Bias
Over the last 3 days in narratives related to Inflation, Market Watch has talked about federal reserve, dow jones, and u.s. economy more than any other topics.
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U.S. stocks end lower, S&P 500 drops third straight week as Fed...
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marketwatch.com
dow jones · federal reserve · government shutdown
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Senior Fed officials say more interest-rate hikes still on the table
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marketwatch.com
federal reserve · stay higher · previous projections
Senior Fed officials say more interest-rate hikes still on the table Several Fed officials on Friday said the central bank might not be done raising interest rates and that rates are likely to stay higher, and for longer, than previous projections had suggested.
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U.S. economy loses momentum toward end of summer, S&P surveys show
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marketwatch.com
u.s. economy · sp surveys · care retail
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How to protect your portfolio if you expect the 10-year U.S. Treasury...
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marketwatch.com
federal reserve · u.s. treasury · technology sector
How to protect your portfolio if you expect the 10-year U.S. Treasury yield to jump to 6% Also, housing costs and a possible mistake by the Fed, how long high CD rates might last, and an interview with Palantirs CEO.
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Investors dump equities at the fastest pace since December as ‘higher-for-longer’ rates...
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marketwatch.com
dow jones · u.s. stocks · hard landing
Global equity funds recorded a weekly outflow of $16.9 billion in the week to Wednesday, the fastest weekly pace since December. Fears that interest rates will stay higher for longer darken the outlook for the economy and risk assets. BofA strategists said higher-for-longer rates will result in a hard landing for economy in 2024.
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Households pounce on $25 trillion Treasury market as yields jump
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marketwatch.com
treasury market · federal reserve · u.s. households
Higher yields in the $25 trillion U.S. Treasury market are a hit with households since the Federal Reserve began raising interest rates last year. Their holdings have shot up to about $2.5 trillion from less than $1 trillion when the Fed began raising rates in 2022. The sharp rise of the 10-year Treasury yield BX:TMUBMUSD10Y to almost 4.5% has been a key focus on Wall Street.
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This credit gauge shows investors still have risk appetite, despite recession fears ...
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marketwatch.com
credit spreads · corporate bonds · basis points
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The Fed's got inflation dead wrong. That's why a 2024 recession is...
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marketwatch.com
mortgage rates · duke professor · recession indicator
Campbell Harvey of Duke University says inflation gauge that the Fed uses makes no sense whatsoever, and its totally disconnected from market conditions, he says. Harvey pioneered the idea that an inverted yield curve is a recession indicator, with the yield on three-month Treasurys rising above the rate on the 10-year Treasury note BX:TMUBMUSD10Y. Boston Federal Reserve President Susan Collins said on Friday that the U.S. central bank might not be done raising interest rates and that they are likely to stay higher.
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U.S. mortgage rates could go to 8%
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marketwatch.com
mortgage rates · u.s. mortgage · u.s. federal
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Bowman says Fed needs to raise interest rates higher to curb inflation...
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marketwatch.com
fed officials · senior fed · senior fed officials
Federal Reserve Gov. Michelle Bowman says Fed needs to raise interest rates higher to curb inflation. Bowman said he Fed has seen considerable progress on lowering inflation, but more work needs to be done. Bowman stressed the central bank plans to keep interest rates high for some time.
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Crude oil futures eke out modest weekly gains after Russia bans gas...
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marketwatch.com
oil prices · prices settled · energy prices
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This bank is offering a $25,000 bonus if you move your money...
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marketwatch.com
sign-up bonuses · cash bonus · checking account
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24/7 Wall Street
High Reliability
Least Bias
Over the last 3 days in narratives related to Inflation, 24/7 Wall Street has talked about 24/7 wall st., appeared on zacks, and zacks investment more than any other topics.
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High-Dividend ETFs: Winners Amid Fed’s Higher-for-Longer Rate Cues – 24/7 Wall St.
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247wallst.com
etf research reports · funds rate · rate cuts
High-Dividend ETFs: Winners amid Feds Higher-for-Longer Rate Cues. Fed kept interest rates unchanged at its September meeting but signaled its anticipation of one more rate hike before the end of this year and a reduction in the number of rate cuts forecast for the following year. The Fed anticipates gradually cooling inflation while the labor market remains exceptionally tight.
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How to Maximize Your Retirement Portfolio With These Top-Ranked Dividend Stocks –...
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247wallst.com
dividend stocks · dividend yield · dividend growth
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3 Funds to Strengthen Your Portfolio on Soaring Retail Sales – 24/7...
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247wallst.com
fidelity select · retail sales · fund rank
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4 Big Winners as Oil Prices are on Course to Hit $100...
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247wallst.com
oil prices · company's expected · expected earnings
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5 ETFs That Are Up More Than 40% So Far This Year...
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247wallst.com
sofi social · fidelity blue · blue chip
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Inside the Volley of Good News in Crypto Realm: ETFs in Focus...
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247wallst.com
etf research reports · crypto industry · bitcoin etfs
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3 Stocks Poised to Gain From Rising Oil Prices – 24/7 Wall...
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247wallst.com
oil and gas · oil prices · profire energy
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Bet on Quality ETFs as Fed Keeps Rate Steady, View Hawkish –...
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247wallst.com
msci usa · quality factor · factor etf
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US Steelmakers Paint Tepid Q3 Picture as Steel Prices Retreat – 24/7...
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247wallst.com
u.s. steel · steel prices · free stock
Nucor, Steel Dynamics and U.S. Steel each carries a Zacks Rank #3 (Hold) Steel prices witnessed a significant correction globally in 2022 as the Russia-Ukraine conflict, skyrocketing energy costs in Europe, persistently high inflation, interest rate hikes and the slowdown in China due to new COVID-19 lockdowns dampened demand for steel across key end-use markets. Steel shipments are anticipated to remain steady, excluding the lost volume related to an unplanned outage at Sinton in July, while steel order activity remains strong.
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5 Hot US Equity ETFs of Last Week – 24/7 Wall St.
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247wallst.com
stock market · ishares core · core sp
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5 Top Stocks in the Thriving Construction & Mining Equipment Industry –...
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247wallst.com
manufacturing construction · construction and mining · zacks rank
Zacks Manufacturing Construction and Mining industry poised well to gain from stepped-up infrastructure investment spending in the United States. Caterpillar Inc. CAT, Komatsu KMTUY, Terex Corporation TEX, H&E Equipment Services HEES and Astec Industries, Inc. ASTE are likely to ride on the demand trends. Indications of easing supply-chain issues increase optimism.
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World Socialist Web Site
Left Bias
Medium High Reliability
Over the last 3 days in narratives related to Inflation, World Socialist Web Site has talked about international editorial board, editorial board chairman, and board chairman david more than any other topics.
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Australia: Molycop slashes 250 steelworker jobs in Newcastle
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wsws.org
working class · federal labor · steel industry
Molycop announced this week it will slash 250 jobs, around half of the existing workforce. Primary steel production, including the plants electric arc furnace and bar mill, will be shut down. The union leadership is promoting the conception that nothing can be done in order to allow the plant to run without disruption and ensure the smoothest possible transition of workers onto the scrapheap. This is a devastating blow for workers, amid soaring inflation and interest rates.
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“Highlights” of Unifor’s tentative agreement with Ford Canada underscore why workers must...
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wsws.org
tentative agreement · ford canada · rank-and-file committees
Highlights of Unifors tentative agreement with Ford Canada underscore why workers must vote No. With just one significant front-loaded wage increase and a taxable signing bonus, Unifor is trying to bribe autoworkers into accepting a three-year agreement that will ensure Ford, GM and Stellantis can carry out their electric vehicle transition at workers expense. The proposed agreement perpetuates the hated multi-tier wage system.
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UAW President Fain’s “expanded strikes” will have zero impact on automakers’ production...
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wsws.org
autoworkers rank-and-file · rank-and-file committee · all-out strike
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Secret talks between Writers Guild and studios, networks continue for third day:...
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wsws.org
writers and actors · secret talks · writers guild
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New Zealand medical laboratory workers strike
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wsws.org
laboratory workers · zealand medical · medical laboratory
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3,000 job losses planned at Tata Steel as company receives £500 million...
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wsws.org
tata steel · port talbot · blast furnaces
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Far-right Polish government threatens to halt new arms shipments to Ukraine
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wsws.org
pis government · prime minister · working class
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Strike actions by 75,000 Kaiser Permanente healthcare workers to begin in early...
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wsws.org
healthcare workers · kaiser permanente · strike notice
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Vote “No” to Unifor’s sellout Ford Canada contract! Build rank-and-file committees to...
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wsws.org
rank-and-file committees · ford canada · north america
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“School expenses are unbearable”—Students, parents and teachers denounce Sri Lankan government
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wsws.org
sri lankan · sri lanka · tuition fees
Government cuts and hyperinflation have led to a drastic rundown of education facilities and the increasing inability of parents to pay for the education of their children. Many children are going hungry and are dropping out of school. One in every three school students in Sri Lanka does not get an adequate breakfast. Annual contributions to school development funds have increased in line with rising inflation.
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Why won’t Unifor release the Ford Canada vote totals? Workers should challenge...
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wsws.org
ford canada · canada workers · ratification process
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Autoworkers in Germany voice support for Big Three workers in US: “All...
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wsws.org
temporary workers · ig metall · american colleagues
Autoworkers at Ford, Mercedes, Volkswagen or Stellantis/Opel are taking a lively interest in the struggle of their American colleagues. So far the strike is limited to about 13,000 workers at three factories - one each at GM, Ford and Stellant. WSWS teams have distributed thousands of flyers at the factory gates of Ford in Cologne, VW in Zwickau, Mercedes-Benz in Ludwigsfelde and Opel/Stellantis in Rsselsheim.
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Washington Examiner
Medium High Reliability
Right Bias
Over the last 3 days in narratives related to Inflation, Washington Examiner has talked about inflation reduction act, joe biden, and white house more than any other topics.
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Nikki Haley unveils economic plan, slams 'Bidenomics' ahead of GOP debate
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washingtonexaminer.com
joe biden · social security · security and medicare
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Democrats see media bias against Biden ahead of impeachment inquiry and election...
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washingtonexaminer.com
white house · house republicans · impeachment inquiry
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Manchin slams Biden's 'botched' implementation of Inflation Reduction Act
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washingtonexaminer.com
inflation reduction · inflation reduction act · manchin wrote
Sen. Joe Manchin (D-WV) slams Biden's 'botched' implementation of Inflation Reduction Act. The centrist senator has been a constant thorn in Biden's side and has used the signature law as a cudgel to hammer the president. Manchin was the most important player in the Senate getting the law passed, but he has been regular critic of the way it has been implemented.
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RFK Jr. blasts Biden's immigration plan: 'Last thing we want'
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washingtonexaminer.com
robert f. · f. kennedy · kennedy jr.
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Five things Republicans are preparing to fight as Democrats mount 2024 offensive...
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washingtonexaminer.com
rural voters · white house · supreme court
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Judge is right to rebuke Biden's anti-oil obsession
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washingtonexaminer.com
lease sale · keystone pipeline · millions of acres
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Over 40% of voters believe they're worse off financially under Biden in...
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washingtonexaminer.com
worse off financially · sampling error · adding 187000 jobs
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Writers Guild of America extends bargaining with studios into fourth day
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washingtonexaminer.com
writers guild · picket lines · biden's botched implementation
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House Rules Committee advances rules package with four appropriations bills
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washingtonexaminer.com
appropriations bills · defense appropriations · four appropriations bills
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Hawley gets pushback from banking groups for bill to cap credit card...
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washingtonexaminer.com
card companies · card debt · rates at 18%
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Supreme Court to weigh SEC's use of in-house judges after agency 'tainted'...
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washingtonexaminer.com
supreme court · jury trial · dozens of cases
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CNN
Left Bias
Mixed Reliability
Over the last 3 days in narratives related to Inflation, CNN has talked about government shutdown, white house, and joe biden more than any other topics.
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'We are deeply concerned.' Corporate America is bracing for a lengthy government...
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cnn.com
government shutdown · stock market · phone interview
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GOP shutdown politics rock Washington as Trump and Biden head for a...
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cnn.com
white house · house republicans · spending cuts
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Nikki Haley unveils economic proposal while slamming both parties over government spending...
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cnn.com
joe biden · nikki haley · economic proposal
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5 things to know for Sept. 22: Ukraine, Bus crash, Medical bills,...
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cnn.com
rupert murdoch · medical debt · medical bills
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Trump and Biden's Michigan visits will present competing strategies for winning union...
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cnn.com
electric vehicle · michigan wisconsin · work week
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Opinion: Government isn’t broken. The Republicans are. | CNN
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cnn.com
freedom caucus · republican party · house freedom
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The Fed has a perfect interest rate in mind. Here's what it...
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cnn.com
central bank · economic models · neutral interest rate
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Even the Fed is cutting jobs — for the first time in...
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cnn.com
federal reserve · fed spokesperson · soft landing
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Want to live in London or New York? Good luck if you're...
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cnn.com
real estate · knight frank · uk government
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Sen. Bob Menendez allegedly had a stash of gold bars. That's become...
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cnn.com
gold bars · sen. bob · bob menendez
Bank failures this year led to a surge in demand for gold bars and coins. Demand for gold was already on the rise as people sought ways to hedge their investments against inflation. Since gold is a tangible asset with a limited supply, it offers that stability.
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Kiplinger
High Reliability
Least Bias
Over the last 3 days in narratives related to Inflation, Kiplinger has talked about profit and prosper, personal finance, and better informed investor more than any other topics.
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Inflation and Retirement: Five Ways to Soothe Your Worries
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kiplinger.com
retirement goals · inflationary period · personal finance
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The Fed Holds Interest Rates Steady
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kiplinger.com
economic activity · federal reserve · target range
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You Can Now Get 3 CD Deals For Over 5.6%
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kiplinger.com
cd account · newtek bank · forbright bank
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More People Are Paying This Tax On Investment Income Each Year: Kiplinger...
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kiplinger.com
tax letter · modified agi · kiplinger tax
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Take Advantage of the Lifetime Estate and Gift Tax Exemption While You...
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kiplinger.com
tax letter · kiplinger tax · kiplinger tax letter
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Are Your Hospital Outpatient Department Costs Too High? A Doctor's Office May...
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kiplinger.com
doctor's office · doctor offices · hospital outpatient
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Deep Discounts on New Mercedes Benz Cars
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kiplinger.com
american express · sam's club · bonus cash
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What Happens When Student Loan Payments Resume?
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kiplinger.com
student loan · loan payments · student loan payments
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How to Embrace Your Financial Wellness This Fall
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kiplinger.com
financial wellness · financial stress · physical health
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How A Government Shutdown Could Affect You
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kiplinger.com
government shutdown · social security · personal finance
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Daily Press
High Reliability
Right-Center Bias
Virginia
Over the last 3 days in narratives related to Inflation, Daily Press has talked about party affiliation:, hampton roads, and flooding and resiliency more than any other topics.
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House District 89 candidates: Baxter Ennis and Karen Jenkins
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dailypress.com
baxter ennis · karen jenkins · gas initiative
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Senate District 17 candidates: Emily Brewer and Clint Jenkins
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dailypress.com
hampton roads · regional greenhouse · greenhouse gas
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House District 86 candidates: A.C. Cordoza and Jarris Taylor
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dailypress.com
general assembly · regional greenhouse · greenhouse gas
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House District 97 candidates: Michael Feggans and Karen Greenhalgh
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dailypress.com
michael feggans · karen greenhalgh · veteran-owned businesses
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House District 90 candidates: James ‘Jay’ Leftwich and Jeremy Rodden
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dailypress.com
general assembly · james jay · jeremy rodden
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Majority of James City County supervisor seats up for grabs
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dailypress.com
board of supervisors · political experience: · party affiliation:
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House District 69 candidate: Chad Green
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dailypress.com
chad green · house district · hampton roads
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The most valuable airline miles might surprise you
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dailypress.com
american airlines · airline miles · southwest rapid
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Fortune Magazine
High Reliability
Right-Center Bias
Over the last 3 days in narratives related to Inflation, Fortune Magazine has talked about wall street, federal reserve, and fortune's request more than any other topics.
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JPMorgan's energy guru Malek warns oil prices are headed to $100 per...
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fortune.com
oil prices · oil production · new oil production
Christyan Malek, JPMorgan's head of EMEA energy equity research, fears lower investment in new oil production and production cuts by many producers will lead to higher crude prices for years to come. Oil production cuts have helped push Brent crude prices up some 10% over the past month to roughly $93 per barrel. $100 oil isnt what it used to be because of inflation, Malek said.
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LSEG chief has dismissed criticism that London is losing its allure as...
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fortune.com
stock exchange · financial center · great place
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Fed has low odds of achieving a soft landing because the economy...
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fortune.com
soft landing · central bank · us central bank
Ex-Fed Vice Chair Donald Kohn said the central bank probably needs to raise interest rates a little more, while former Fed Governor Kevin Warsh cautioned against doing so and said rates have likely reached a peak. Kohn, who is now a senior fellow at the Brookings Institution, said he put low odds on the Fed achieving such a perfect soft-landing.
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Google ‘Zooglers’ might be sending housing costs in one European hub higher...
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fortune.com
swiss francs · sending housing · housing costs
More than 5,000 Google employees are working in Zurich, and their expensive tastes might be making the city unlivable for locals. Rental and buying prices in the city are higher than those in New York and London. A study by UBS ranked Zurich as most at risk of bursting housing bubble.
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Bill Gates gets real about climate change: Planting trees is ‘complete nonsense’...
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fortune.com
climate change · palm oil · planting trees
Bill Gates said planting trees would have little effect on climate change. He said it was complete nonsense that planting enough trees would take care of the climate problem. The end of the oil and gas era is finally in sight, he said. Gates said he views climate crisis primarily through the lens of malnutrition.
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CEOs say AI will boost productivity after years of stagnation
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fortune.com
generative ai · managing partner · content team
CEOs expect generative AI to reverse years of stagnant productivity growth. Growth in productivity has been well below historical averages for the past decade. Microsoft-Activision deal set to clear last hurdle for Microsoft to buy Activision Blizzard. Rupert Murdoch's successor steps up Lachlan Murdochs.
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How women and people of color can create a high-impact board résumé...
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fortune.com
board members · board diversity · board document
Creating AI recap...
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Reason
High Reliability
Right-Center Bias
Over the last 3 days in narratives related to Inflation, Reason has talked about president joe biden, inflation reduction act, and biden administration more than any other topics.
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IRS targeting more supposedly 'high-income' Americans than advertised
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reason.com
tax compliance · high-income earners · high-income taxpayers
Creating AI recap...
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CEO: 'I'm the one who paid the tariffs. China did not.'
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reason.com
american companies · tariffs hit · biden administration
Creating AI recap...
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'Bidenomics' is failing everyday Americans
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reason.com
equitable economy · manufacturing boom · lower-income americans
Creating AI recap...
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The case for letting Medicare bureaucrats haggle with drug makers
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reason.com
price control · drug makers · drug prices
Creating AI recap...
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reason.com
essential work · federal reserve · rate-setting committee
Creating AI recap...
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Are we really doing a Trump vs. Biden rematch?
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reason.com
party talks · party talks about · trump vs.
Creating AI recap...
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The hidden failures of social housing in 'Red Vienna'
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reason.com
social housing · red vienna · below-market rents
Creating AI recap...
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