The United States is unaware of the scope of its investment fund in China that is funding possibly harmful Chinese military and civilian technologies, according to Derek Scissors, a senior fellow at the American Enterprise Institute. According to Scissors’s report titled “What to Do About American Investment in China,” almost $800 billion in U.S. investments poured…
US Ignorant of Investment Fund Portfolio in China: Expert
June 6, 2023
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Experiment Drug Touted as Breakthrough for Intractable Brain Cancer
June 6, 2023
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A new experimental drug therapy has shown some promising signs of slowing down the progression of a type of brain cancer by more than 16 months on average. French drug developer Servier Labratories released results of a new medication that may become one of the earliest targeted therapies for a type of brain tumor affecting adults…
Buzzfeed Faces Delisting Threat After Stock Price Collapse
Left-wing outlet Buzzfeed has been threatened with delisting from the NASDAQ exchange after its share prices crashed below $1. On May 31, Buzzfeed received a letter from NASDAQ notifying the firm that for the previous 30 consecutive business days, the bid price for the company’s common stock has closed below the minimum $1 required for…
The Interbank Debt Market: A Warning Sign for the Stock Market’s Future
Commentary Most people look at the stock market as a sign of the health of the economy. If the stock market is moving higher in value, things must be good. The truth of the matter is the stock market isn’t as important as the debt market, specifically the interbank debt market. What goes on in…
Industry Experts Predict Mortgage Rates Below 6 Percent by 2024
Despite the national slump in real estate sales, Lawrence Yun, the chief economist at the National Association of Realtors (NAR), is forecasting that mortgage rates will fall closer to 6.0 percent by the end of 2023 and go below 6.0 percent in 2024. He expects new and existing-home sales to bottom out in 2023 before…
State Pension Funds Defy Anti-ESG Laws When Voting Their Shares, Watchdog Charges
June 1, 2023
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Conservative states working to keep state funds out of the environmental, social, and corporate governance (ESG) movement are finding that, when it comes to state fund managers, you can lead them to water but can’t always make them drink. Despite recent laws in states like Florida and Ohio banning the use of municipal dollars for…
Conservatives’ Boycotts Wipe Off Billions From Target and Bud Light Valuations, More Brand Battles Upcoming
June 1, 2023
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Major brands such as Bud Light and Target, among others, are facing immense backlash from supporting LGBTQ causes, with the market capitalization of the firms crashing by double digits in recent weeks. Stores of Target were boycotted after the retail giant rolled out its Pride collection at the beginning of May, including some items targeted at…
ANALYSIS: Conservatives’ Boycotts Wipe Off Billions From Target and Bud Light Valuations, More Brand Battles Upcoming
June 1, 2023
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Major brands such as Bud Light and Target, among others, are facing immense backlash from supporting LGBTQ causes, with the market capitalization of the firms crashing by double digits in recent weeks. Stores of Target were boycotted after the retail giant rolled out its Pride collection at the beginning of May, including some items targeted at…
Republican Presidential Candidate Vivek Ramaswamy ‘Deeply Concerned’ Over Musk’s China Visit
June 1, 2023
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Republican Presidential candidate Vivek Ramaswamy is “deeply concerned” that Tesla CEO Elon Musk met with China’s foreign minister this week, while reportedly revealing an opposition to economic decoupling between the United States and China. Taking to Twitter on May 31, Ramaswamy said he was breaking an “unspoken rule in the GOP” by sharing his concerns about the billionaire’s…
Nvidia Temporarily Becomes First Chipmaker to Hit $1 Trillion in Value
May 31, 2023
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Nvidia became the first chipmaker to be valued at over a $1 trillion, before falling in trading later in the day. The U.S. chipmaker’s market value rose 3 percent, to $401.15 on May 30, after tripling in value since October, due to its successful investments in Artificial Intelligence, as investors pile on to the firm. The…
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