for the first time since 2015, the Federal Reserve has begun to slow down the creation of new dollars. for a long time, the amount of money in the economy was growing very fast. but now, it is growing much slower. this is important because when the money supply grows very fast, it can cause inflation (when prices rise very quickly). but when the money supply grows much slower, it can help to control inflation. so, the Federal Reserve's decision to slow down the creation of new dollars could help to keep prices stable in the economy. Read from source...
1. The article titled "New York’s Deceptive Reports of Mass Shootings: A Case Study in Media Manipulation" was criticized for its overly negative tone towards mass shootings and the author's perceived lack of empathy for victims.
2. Critics also pointed out that the article seemed to minimize the severity of mass shootings by focusing on alleged inaccuracies and inconsistencies in news reports, rather than addressing the broader issue of gun violence.
3. Some readers argued that the author appeared to be more interested in discrediting the media than in providing a comprehensive analysis of mass shootings.
4. Additionally, some critics questioned the author's use of cherry-picked data and examples to support their claims, and suggested that the article may be biased towards a particular political viewpoint.
5. The author's dismissal of the emotional impact of mass shootings on victims and their families was also criticized as insensitive and callous.
6. Lastly, some readers expressed concern that the article could potentially be used to justify or downplay the severity of mass shootings, which could have negative consequences for public safety and gun control efforts.
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# Dow Gains 100 Points; Joby Aviation Shares Spike Higher
October 2, 2024 12:01 PM | 3 min read
U.S. stocks traded higher midway through trading, with the Dow Jones index gaining around 100 points on Wednesday.
The Dow traded up 0.24% to 42,256.16 while the NASDAQ rose 0.27% to 17,958.08. The S&P 500 also rose, gaining, 0.16% to 5,717.63.
Leading and Lagging Sectors
Information technology shares jumped by 0.9% on Wednesday.
In trading on Wednesday, real estate shares dipped by 0.9%.
Top Headline
NIKE, Inc NKE reported mixed first-quarter results on Tuesday.
The company reported first-quarter revenue of $11.59 billion, missing analyst estimates of $11.65 billion. The athletic footwear and apparel company reported first-quarter earnings of 70 cents per share, beating analyst estimates of 52 cents per share.
Equities Trading UP
Joby Aviation, Inc. JOBY shares shot up 20% to $5.74 after the company announced that Toyota will invest an additional $500 million to support the certification and commercial production of the electric air taxi.
Shares of Great Lakes Dredge & Dock Corporation GLDD got a boost, surging 10% to $11.77 after the company announced the receipt of several dredging awards totaling $3
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