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Interest rate jump - Abortions increase - Russia-China cooperation

LGBT executive order • Automated driver assistance risks • Interest rate jump • China-Russia cooperation • Abortions increase •
16 JUN 2022
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The Factual

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TRENDING TOPICS
Interest rate jump • LGBT executive order • China-Russia cooperation • Automated driver assistance risks • Abortions increase

FEATURED UNDER-REPORTED STORIES
Brain's "low-power mode" • Fighting malware • The Queen's seabed ownership


TRENDING TOPICS, MOST CREDIBLE STORIES
#1 in U.S. News • 51 articles
How will the Federal Reserve's interest rate hike impact the economy?
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  1. Highly-rated - last 48 hrs
    Federal Reserve announces biggest interest rate hike since 1994.
    The Guardian (Moderate Left) • Factual Grade 85% • 3 min read

    Until this week the Fed had been expected to announce a smaller increase. The Fed chair, Jerome Powell, said the central bank decided that a larger hike was needed after recent economic news, including last week’s announcement that inflation had risen to a 40-year high.
    ...
    Powell acknowledged that the Fed’s attempt to cool spending is likely to lead to job losses. The Fed expects unemployment to rise to 4.1% from the current rate of 3.6% as it attempts to bring inflation back down to its target rate of 2%. “We never seek to put people out of work,” Powell said. But, he added: “You really cannot have the kind of labor market we want without price stability.”
    ...
    Nearly 70% of the academic economists now believe the US economy will tip into a recession next year. Many parts of the economy remain strong and the Fed is aiming for a “soft landing” – hoping it can tame inflation without sharply increasing unemployment – but some risks, including the war in Ukraine, are beyond the influence of the Fed.
  1. Different political viewpoint
    Fed pushed to get more aggressive with interest rates – the ‘Beveridge curve’ should give it courage to do so.
    The Conversation (Center) • Factual Grade 72% • 4 min read
  1. Selected long-read
    When central bank saviors are the problem.
    Naked Capitalism (Moderate Left) • Factual Grade 81% • 6 min read

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#2 in U.S. News • 11 articles
What does President Biden's executive order on LGBT issues do?


    [The executive order] will charge the Department of Health and Human Services with releasing sample policies for states detailing how to expand access to heal...

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SPECIAL COVERAGE: UKRAINE

#1 in World News • 22 articles
What was discussed in the first call between Vladimir Putin and Xi Jinping in months?


    Xi told Putin on Wednesday “all parties should responsibly push for a proper settlement of the Ukraine crisis.” While offering its tacit support for Russia’s...

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TODAY'S POLL

Which is a bigger threat to global peace, Russia or China?

All votes are anonymous. This poll closes at: 9:00 PDT



YESTERDAY'S POLL

Should the US do prisoner swaps to free Americans wrongfully detained abroad?

244 votes, 30 comments

Context: Pre-trial detention of WNBA star in Russia extended.

HIGHLIGHTED COMMENTS

“ Yes - There is no real point in trying to take an ethical high ground "we don't negotiate w/ ....." when dealing with these bad actors. The argument that it only encourages them to do more would be relevant if the country were just starting to be a bad actor, but with Russia and most of those places on the map in the story, they have a long history of bad acting. If we have prisoners that we can trade without doing us harm, then trade them.”


“ No - What a dangerous proposition. Basically tell every sketchy country to find and detain a US citizen to get one of your citizens out of their country. Maybe we 1. S...”



“ Maybe - While I agree that we should work for the return of "wrongly" imprisoned Americans, many "wrongly" imprisoned Americans have been detained because they violated a vali...”



#1 in Business News • 22 articles
What does a federal report say about the safety of driver-assist software?


    Automakers reported [392] crashes over a 10-month period involving vehicles with partially automated driver-assist systems. Six people were killed. Tesla’s crashes accounted for nearly 70% of the 392 reported...

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#1 in Health News • 20 articles
Why did abortions increase for the first time in decades?


    After hitting a post-Roe low in 2017, abortions reached 930,160 in 2020 for a three-year increase of 8%, according to the pro-choice Guttmacher Institute. From 2017-20, t...

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Instead of helping Americans battle rising prices, President Biden escalates the oil price blame game.

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