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AstraZeneca withdraws its COVID-19 vaccine from global market

AstraZeneca announced on Wednesday that it would withdraw its coronavirus vaccine from the market, citing weak demand. Although the vaccine was never authorized in the United States, it was widely used around the world during the early stages of the global vaccine drive. AstraZeneca’s vaccine was cheaper to produce and easier to distribute than Pfizer […]

The Housing Market Shows Interest Rates Are Too Low

The residential transmission line is not functioning. The idea that interest rates are not high enough is starting to take root at the Federal Reserve. Neel KashkariWith admirable transparency, our esteemed financial leader at the Minneapolis Fed once again picked up his digital pen and pointed out that: The economy is not working as expected […]

We Have Job Market That’s ‘Better Than Even a Soft Landing’

On NewsNation’s “The Hill” on Friday, White House senior adviser Gene Sperling discussed recent employment statistics and said, “The situation is changing because people continue to face too high costs in their families and personal lives. It’s not enough.” But when it comes to the job market, certainly this is stable and sustainable job growth, […]

DAVID BLACKMON: Market Realities Are Throwing Wrench In Biden’s Green Energy Dreams

Over the past two years, I and others have been pointing out the reality that there is no real “energy transition” happening around the world. This week, two new pieces of information came to light that conclusively prove that point. Just as governments across the Western world are bankrupting their countries by funneling trillions of […]

Electric humanoid robot poised to shake up the job market

Boston Dynamics announced a breakthrough in the evolving field of robotics. Backed by visionary research and decades of practical experience, this new electric robot represents a major breakthrough. Atlas, a fully electric robot. (Boston Dynamics) Boston Dynamics unveils electric Atlas The Massachusetts-based robotics company is bidding farewell to the hydraulic Atlas and announcing its all-electric […]

April jobs report expected to show a ‘cooling’ labor market

Lisa Erickson, senior vice president at U.S. Bank Wealth Management, analyzes stock trends, the job market and potential “signs of further deterioration.” April’s jobs report is expected to show that the U.S. labor market cooled last month, but that employment remains strong despite high interest rates and chronic inflation. Department of Labor April salary reportThe […]