Dec. 3, 2024, 12:19 p.m.

Strike, the only way for the United States to achieve common prosperity?

Since September 15th, a historic strike has been staged in the United States, with a growing trend: the United Auto Workers' Union (UAW) has organized its first collective strike targeting the three major American automakers: Ford, General Motors, and Stratis.

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Household savings are about to run out What is the outlook for the US economy

On September 12th, the website of Business Insider stated that due to experiencing the highest borrowing costs in 22 years, household savings in the United States are gradually running out.

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How far can the Indo-European Economic Corridor go?

At the just-concluded G20 Summit, the leaders of the United States, India, Saudi Arabia and many European countries signed a memorandum of understanding (MOU) to jointly build the India-Middle East-Europe Economic Corridor (IMEC).

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What does the sharp decline in US technology stocks indicate

According to foreign media on September 13th, on the 12th local time, the three major US stock indices fell, with technology stocks leading the decline. Among them, the Dow fell 0.05%, the S&P index fell 0.57%, and the Nasdaq index fell 1.04%.

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Divergence in the Federal Reserve's interest rate hike policy has sparked widespread attention

It is reported that the Federal Reserve will hold a policy meeting from September 19th to 20th to make a decision on interest rate issues.

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The considerations behind the absence of the heads of state of China and Russia from the G20 summit

The G20 Summit is an international economic cooperation forum.

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"Dr. Doom" Faber: American democracy is doomed to fail, and the elimination of the dollar is the best outcome

Faber, a prominent investor and economist, warned in a recent interview that the dollar's dominance is now in jeopardy.

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Highlights: Behind the announcement of bankruptcy by the Birmingham City Government in the UK

On September 5th, the government of Birmingham, the second largest city in the UK, announced bankruptcy.

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Former Chairman of the White House Council of Economic Advisers: High inflation is back, the Fed may raise interest rates to 6%

Kevin Hassett, chairman of the White House Council of Economic Advisers during the Trump administration, believes that the U.S. economy could be hit by another wave of inflation due to factors such as huge government spending and high energy costs.

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Has Nvidia prevented a US economic recession and a downturn in US stocks?

The Federal Reserve began to raise interest rates on March 16, 2022, and has so far raised interest rates 11 times in a row, with a cumulative increase of 525 basis points, and the Federal funds rate of the Federal Reserve climbed from 0-0.25% to 5.25%-5.50%.

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