Global Shares Mixed as Inflation Worries Set Tone Ahead of Key US Economic Data Releases-US News | The Epoch Times

Global stocks were mixed on Nov. 24, with worries about inflation setting off fears that the Federal Reserve might move faster to raise rates, and as investors turn their focus to a bevy of U.S. economic data releases later in the day, including a key inflation gauge that the Fed relies on heavily to guide its monetary policy decisions. Share markets were nervous in Asia as trading was buffeted by a step-up in U.S. Treasury yields as well as volatile oil prices in the face of a coordinated release of crude reserves by the United States and other countries the day prior, which did little to cool prices. Crude oil prices and gasoline futures rose following Tuesday’s oil release announcement and on Wednesday remained near the prior day’s levels, with investors appearing sceptical about the effectiveness of the U.S.-led release of crude from strategic reserves in a bid to cool …

Tom Ozimek

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Newsom Calls for Looters to be Prosecuted After Series of Brazen Robberies-US News | The Epoch Times

Wed Nov 24 , 2021
California Gov. Gavin Newsom wants to see the looters participating in a series of mass daylight robberies in his state prosecuted. “I have no sympathy, no empathy whatsoever for people smashing and grabbing, stealing people’s items, creating havoc and terror on our streets,” the Democrat, who recently survived a recall […]

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