Stock market today: Dow Jones Industrial Average inches up to another record high in mixed trading – The Associated Press
Wall Street hit new record highs on Tuesday, even as major stock indexes were little changed after a lackluster day of trading. The Dow Jones Industrial Average rose 9 points, or less than 0.1%, to hit its second all-time high in two days. The index has risen for eight consecutive days. The benchmark S&P 500 […]
Italy, China announce 3-year industrial cooperation plan as EU-China trade war fears loom
Italian Prime Minister Giorgia Meloni visited Beijing and announced that Italy and China had signed a three-year action plan to implement past agreements and experiment with new forms of cooperation. Meloni is seeking to improve relations between the two countries after withdrawing from China’s Belt and Road Initiative amid growing fears of a trade war […]
Restoring America’s military industrial base
Determined to subjugate Taiwan under Chinese Communist Party rule, China is building warships and weapons at a vast pace and scale. Our military — and economy — simply is not ready. If Taiwan falls, the American alliance structure in the Pacific will suffer a potentially deadly blow. China will be able to compel the political […]
Treasury Secy Yellen Warns Of China’s Industrial Strategy To Flood Excess Goods
U.S. Treasury Secretary Janet Yellen presides over and speaks at a meeting of the Treasury Department’s Financial Stability Oversight Council in Washington, DC, May 10, 2024. (Photo by Kent Nishimura/Getty Images) OAN’s Stephanie Meyers5:20pm – Tuesday, May 21, 2024 Treasury Secretary Janet Yellen stressed the need for the United States and Europe to respond to […]
JD Vance claims Biden’s focus on green energy hurts the ‘industrial heartland’ states central to November
Sen. J.D. Vance (R-OH) criticized the Biden administration’s focus on green energy, arguing that this attention is coming at the cost of the United States’s “industrial heartland.” The administration announced last week that it would place tariffs on $18 billion of imports from China in an effort to protect American workers and businesses. Vance, who […]
Dow Jones Industrial Average passes 40,000 as Wall Street cheers slowing inflation
On Thursday, the Dow Jones Industrial Average topped 40,000 points for the first time in history as Wall Street cheered the prospect of slower inflation and lower interest rates. The iconic stock index rose about 111 points to about 40,020 points just before 11 a.m. Thursday. The Dow was founded in 1895 and includes the […]
Extreme weather in Guangzhou kills five and brings destruction to China’s industrial heartland | China
A tornado struck the Chinese city of Guangzhou over the weekend, killing at least five people and injuring 33 others, state media reported. In the latest episode of extreme weather to hit the country’s industrial heartland. China’s official Xinhua news agency said a tornado struck the capital of the country’s southern Guangdong province on Saturday. […]
Conservatives are misguided in embracing big government industrial policy
Conservative arguments against big government manufacturing policies are similar to and contradictory to vegetarian arguments about eating meat. Despite constant push from Democrats and Republicans for big government, conservatives have long supported the idea that the economy works best when government power is not used to impose its will on the people. Unfortunately, a few […]
Industrial Revolution began in 17th not 18th century, say academics | History
The Industrial Revolution began more than 100 years earlier than previously thought, with Britons already transitioning from agriculture to manufacturing in the 1600s, according to new research. Seventeenth-century England can be understood as the beginning of the Industrial Revolution, laying the foundations for the transition from a society based on agriculture and handicrafts to a […]
Marco Rubio Outlines Dire Need for American Industrial Policy to Counter Globalism, China
Sen. Marco Rubio (R-Florida) said Tuesday that we need an industrial policy that promotes the domestic industrial base to the benefit of the working class while combating globalism and Communist China’s economic penetration. outlined in the speech. washington post editorial. Mr. Rubio’s call to action is a counterpoint to the Biden administration’s economic policies. believe […]