US Archives - The Star Bulletin

Dec

08

2022

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By Patsy S. Nielsen

Inflation data from the United States shows that world shares are mixed ahead of US jobs

NewsCOVID-19, economy, inflation, news, Shares, US

Inflation data from the United States shows that world shares are mixed ahead of US jobs Europe and Asia shares were mixed ahead of Friday's release of U.S. inflation and jobless data. U.S. futures rose and oil prices rebounded. Investors are looking for more information about inflation and the Fed's plans to continue fighting high prices. On Thursday, the U.S. will release data about weekly unemployment claims. The Fed has had difficulty taming inflation because of the strong job market. Friday's report by the government on wholesale prices will give more information about how inflation affects businesses. New Aerodynamic Technologies…

Dec

08

2022

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By Debbik S.

New Aerodynamic Technologies to be Applied to US Air Force Mobility Fleet

News#technology, Aerodynamic, Air Force, news, US

New Aerodynamic Technologies to be Applied to US Air Force Mobility Fleet The US Air Force is working on new aerodynamic technologies that will improve the flight capabilities of its mobility fleet. This effort will produce new innovations that address maintenance issues, improve airflow, reduce fuel consumption and increase payload capacity on platforms like the C-17 Globemaster III, C-130 Hercules and KC-135 Stratotanker military transport planes. The US Air Force Research Laboratory, the Air Force Life Cycle Management Center and industry partners are working together to complete the program. Investors weigh rates and economic outlooks as the dollar rises Roberto…

Dec

08

2022

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By Kevin Bonner

Kodiak Robotics awarded $50 million contract by the US Army for autonomous trucks

News#technology, army vehicles, autonomous technology, news, robotics, US

Kodiak Robotics awarded $50 million contract by the US Army for autonomous trucks This support will be for vehicles that are designed to perform surveillance and reconnaissance as well as other high-risk missions. This award was made by DoD's Defense Innovation Unit, DIU on behalf of the Army’s RCV program office. Kodiak will use its commercial self-driving technology to develop, test, and deploy autonomous driverless vehicles that strengthen national security. Kodiak will create autonomous vehicle technology to enable the Army to navigate difficult terrain, different operational conditions, and GPS-challenged areas. The Army can also remotely operate its vehicles when required.…

Dec

05

2022

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By Kevin Bonner

US Naturalizations Reach Highest Level in a Decade

Newschina, COVID-19, naturalization, news, US

US Naturalizations Reach Highest Level in a Decade A new study shows that the number of immigrants who choose to become citizens in America is rising after a decline during the Covid-19 pandemic. According to a Pew research center report, more than 900,000.000 immigrants became U.S citizens in the 2022 fiscal year. This is the highest number of immigrants in a decade. This year's total is the third highest ever recorded and the highest since the 2008 fiscal year, when more that one million immigrants were naturalized. Markets Wait for December Fed Meeting After Blowout November Jobs report The report…

Dec

03

2022

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By Fredric M. Wiseman

Markets Wait for December Fed Meeting After Blowout November Jobs report

Newseconomy, inflation, news, stock markets, US

Markets Wait for December Fed Meeting After Blowout November Jobs report The Fed's policy has been a major driver of the US stock market this year, as the US central banks have taken the most aggressive monetary tightening in decades. What can we expect from the Fed's December meeting following a rousing November jobs report? The November nonfarm payrolls rose by 263,000, which was much higher than the expected 200,000. The Labor Bureau also revised upwards the October nonfarm payrolls, to 284,000. A strong jobs report is usually a positive for stocks. Investors see strong jobs reports as a negative…

Dec

03

2022

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By Helen E. Blake

Musk anticipates that the US regulators will allow brain implant testing in six months

News#technology, billianore, spaceX, tesla, twitter, US

Musk anticipates that the US regulators will allow brain implant testing. Elon Musk, tech billionaire and tech entrepreneur, said that his Neuralink company is looking for permission to use its brain implant in humans soon. Musk stated that his team is currently asking US regulators for permission to test the device in a live streaming presentation. Musk stated that he believes the company should be in a position to place the implant in the human brain in six months as part of a clinical study, but that time frame is not certain. Musk's Neuralink, one of many organizations working to…

Dec

03

2022

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By Kevin Bonner

The US Navy investigates 4 suicides at the same facility in one month

Newsdefence secretary, news, US, US navy

The US Navy investigates 4 suicides at the same facility in one month. According to a Navy official, the US Navy is currently investigating four suicides that occurred at a US Navy shore-based facility over a period of one month. The purpose of the investigation is to determine if the deaths were related and whether sailors received enough mental health care and support. Between October 30 and November 26, suicides occurred among enlisted sailors from the Mid-Atlantic Regional Maintenance Center, Norfolk, Virginia. Navy Capt. Jay Young, the commanding officers of MARMC said in a statement that he could confirm the…

Dec

02

2022

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By Fredric M. Wiseman

Low inflation is a major concern for the global economy: Rajan, ex-RBI chief

Newseconomy, india, inflation, news, Thailand, US

Low inflation is a major concern for the global economy: Rajan, ex-RBI chief. Raghuram Rajan, an ex-governor of India's central banks, stated that the global economy could return to low inflation and that central bankers who pursue restrictive monetary policies should be aware. Foreign Trusts Pose Headaches for US Transferors and Beneficiaries Rajan, who is now a professor of finance in the University of Chicago Booth School of Business, stated that central banks need to ask themselves whether their policies were flexible enough when inflation moved from low to high. He said Friday at a conference hosted by the Bank…

Dec

02

2022

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By Helen E. Blake

Foreign Trusts Pose Headaches for US Transferors and Beneficiaries

Newsforeign trade, revenue code, tax, US

Foreign Trusts Pose Headaches for US Transferors and Beneficiaries Although foreign trusts can provide greater asset protection, they can also create tax problems for US residents, citizens, and entities including corporations and partnerships, according to Jimmy Sexton, Esquire Group's Jimmy Sexton. US clients have been using foreign trusts and foundations as a means of protecting their assets for years. With good reason: foreign asset protection trusts can often offer greater asset protection than domestic asset trusts. Many foreign asset protection trust jurisdictions have firewall provisions that do not recognize foreign judgments and are therefore out of the US court's jurisdiction.…

Dec

02

2022

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By Kevin Bonner

The US has designated Pakistani terrorist organizations as terrorist groups

Newscrime, news, Pakistan, terriorism, US

The US has designated Pakistani terrorist organizations as terrorist groups. The United States has added key Pakistani militant organization and al-Qaida branch of the al-Qaida group to its "global terrorists" list. This triggered sanctions against the groups amid an increase in militant violence within this Islamic nation. The State Department's decision on Thursday comes just days after Tehrik-e-Taliban Pakistan (also known as TTP) ended a month-long ceasefire with Pakistan. It then resumed attacks across Pakistan. TTP threatened Pakistani authorities with further attacks. Security was tightened by the Interior Ministry, which issued orders for extra security outside of worship and other…

Nov

16

2022

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By Helen E. Blake

The weak Pound provides US Dollar buyers firepower in London’s top postcodes

News#networth, economy, pound, rishi sunak, u.s dollar, uk, US

The weak Pound provides US Dollar buyers firepower in London's top postcodes - With the UK budget that the government recently released, and its subsequent weakening of the Pound What effect will the economic outlook for the coming months impact how the London housing market? How could this be an incentive in the international market. In September the former Premier Minister of the United Kingdom, Liz Truss and her team, announced the reduction in stamp duty as well as a number of other tax reduction actions with the intention to boost economic growth. The "permanent" reduction in stamp duty was…

Nov

15

2022

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By Kevin Bonner

Robin Dole Net Worth | Income Source, Career & More

Entertainment#networth, America, entertainment, income, legislator, robin dole, US

Robert Joseph Dole's girl, Robin Dole, She is praised for being the young lady of American legislator and attorney Robert Joseph Dole. Robert is generally called Sway Dole. Her father, Robert, got hitched to her mom, Phyllis Holden, in 1948. Robin Dole was born on October 15, 1954. Additionally, Robin is fairly baffling about her own life.(Robin Dole Net Worth) She is a solitary youngster and has no family. As indicated by the source, she has campaigned for her father since she was 5 years old. Robin's father, Sway, got a regulated gold enrichment three years earlier. Robin is apparently…

Nov

11

2022

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By Kevin Bonner

Oil rises by 3% after China relaxes COVID restrictions

Newschina, covid, oil reserve, US

Oil prices rose by around 3% Friday, after Chinese health officials eased some of their COVID restrictions. Brent crude futures increased by $2.86 or 3.1% to $96.53 per barrel at 1145 GMT. This extends a 1.1% increase in the previous session. Commerzbank stated that the Chinese government had made the first steps to ease regulations. However, this did not mean that oil prices would drop. The Friday milder-than-expected U.S. Inflation data boosted hopes that the Federal Reserve would slow rate increases and increase prices, increasing the chances of a soft landing by the world's largest economy. You can get up…

Nov

11

2022

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By Kevin Bonner

San Bernardino Votes To Secede From California, Form an ‘Empire State’

NewsCalifornia, San Bernardino, US

San Bernardino Votes To Secede From California - A narrow majority of San Bernardino voters voted for a measure that allows county officials to start the process of secession from California. Measure EE asked voters whether San Bernardino County's elected representatives should "study, advocate for all possible options to secure the county's fair portion of state funding," according to the Voter Information Guide San Bernardino County. Jeff Burum, a real-estate mogul, added the possibility of California seceding to the proposal. He said that the state was not doing enough to help the county cope with its growing population. The county…

Nov

10

2022

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By Kevin Bonner

Republicans close to capturing the U.S. House majority

Newsdemocracy, Donald trump, election, Joe Biden, republicans, US

Republicans close to capturing the U.S. House majority - Early on Thursday (10 November), Republicans were closer to securing a majority of the US House of Representatives, while control of the Senate was still in doubt. This is two days after Democrats stopped a Republican "redwave" in midterm elections. Edison Research predicted that Republicans would win at least 210 House seats. This is eight short of 218 required to take the House from Democrats. Although Republicans are still the preferred party, 33 House contests remain undetermined. This includes 21 of 53 most competitive races based on a Reuters analysis by…

Nov

10

2022

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By Kevin Bonner

PH economy expands faster at 7.6% Q3

Newsgdp, inflation, ph economy, US

According to the Philippine Statistics Authority (PSA), the Philippine economy grew faster at 7.6 percent in the third quarter than at 7.5 percent in the second quarter. This is higher than the revised gross national product (GDP). Dennis Mapa, PSA Undersecretary, stated that this was the sixth consecutive quarter of economic growth. The country's GDP growth between July and September 2022 was also higher than that of the 7 percent increase over the same period in 2021. "The third quarter GDP exceeded the median analyst prediction of 6.3 percent," Secretary Arsenio Balsacan, National Economic and Development Authority (NEDA), stated. Balisacan…

Nov

10

2022

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By Kevin Bonner

Inflation data from October in the United States offer little relief.

Newseconomy, inflation, russia, U.S. economy, US

The country's abysmal inflation rate probably remained at a simmering level in October. This gave the Federal Reserve little reason to relax in its efforts to slow price rises by steadily increasing interest rates. According to FactSet's survey of economists, the Labor Department will report on Thursday that consumer prices rose by 8% over 12 months and by 0.6% between September and October. Core inflation, which excludes volatile energy and food costs, is expected to have risen 6.5% over the past year, and 0.5% between September and October. The United States, like many other countries, is having difficulty controlling inflation.…

Nov

04

2022

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By Kevin Bonner

Dollar gets a breathe over China opening hopes, US jobs data in the spotlight

Newschina, dollar, market, US

Dollar gets a breathe over China opening hopes The pound and the euro gained the ground they lost on Friday but they were set to suffer their largest weekly losses since September in advance of U.S. jobs data that could confirm the hawkish tone Fed Chair Jerome Powell delivered this week increasing the dollar. The main reason for the increase was the improved investor mood after reports that China might ease its anti-COVID policies, which led to China's currency strengthening rapidly. The euro closed up 0.24 percent at $0.9772 after trading at 0.54 percent higher. The sterling was trading up…

Nov

04

2022

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By Kevin Bonner

Luria makes a Final Case to Support Democracy, Vies for Black Voters

NewsCalifornia, Christopher Newport University., Donald trump, election, Joe Biden, US, virginia

Luria makes a Final Case to Support Democracy, Vies for Black Voters Democratic Rep. Elaine Luria is spending the last day of her campaign in new areas in Virginia district to garner the backing of Black residents, whose vote could determine whether she is elected to another term. In the final weeks of the campaign Rep. Elaine Luria was seated on a wooden deck in the far reaches of her district that she had just drawn with a microphone in her hand with a 7-year-old Black girl by her side as she made her final argument about the issues that…

Nov

04

2022

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By Kevin Bonner

Biden to help plug the tech bill in California, and campaign in Illinois

NewsCalifornia, congressional leadership fund, Coronavirus pandemic, Joe Biden, US

Vice President Joe Biden is set to visit an southern California communications firm that is expected to profit from his push for legislation to boost American semiconductor manufacturing The president Joe Biden on Friday is scheduled to visit a Southern California communications firm anticipated to gain from his push for legislation to boost American semiconductor manufacturing and he's also taking an unpopular Democratic congressman along with him. Biden will be joined by Rep. Mike Levin for the visit to Carlsbad-headquartered Viasat as he looks to highlight the CHIPS and Science Act, a $280 billion legislative package, ahead of Tuesday's midterm…

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