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Recent reports provide insights into the debates surrounding book challenges and bans in American libraries and schools.

Apr 18, 2024

Reports say thousands of books ‘banned’ or ‘challenged.’ What does that mean?

Are the U.S. seeing a surge in book bans? That depends on where where people get data and what they qualify as a “ban.” The American Library Association (ALA) and PEN American both released reports offering different insights about the ongoing conflict taking place in schools and public libraries. In its annual list of the…

The government wants to subsidize child daycare. Like other demand-side subsidies, this is only going to drive up prices even more.

Apr 18, 2024

Subsidizing demand won’t fix real problems

The Biden administration recently announced an initiative to cap child care copay expenses for approximately 100,000 low-income working families in the United States. Instead of paying set fees, those families will pay 7% of whatever their total income is as a copay for the government-subsidized daycare program. The program also hopes to fully cover all…

Scientists have discovered some of the most deadly bacteria has a taste for blood. The findings could open the door for new treatments for certain inflammatory bowel diseases.

Apr 18, 2024

Study: Bacteria with taste for human blood could lead to IBD breakthrough

Researchers at Washington State University have discovered that some of the deadliest bacteria likes to feed on human blood. Scientists are calling it “bacterial vampirism.” The new study reveals that these organisms are attracted to nutrients in human blood. The learnings from the study could pave the way for medical innovations like curing bloodstream infections.…

China and Russia are both benefiting from a scheme between the two nations that involves passing off copper exports as scrap metal.

Apr 16, 2024

Copper controversy: Russia, China profit from passing the metal off as scrap

A recent report from Reuters has exposed a scheme between Russia and China involving copper, a metal expected to skyrocket in value and hit record highs next year. Once the Russian metal arrives, Chinese companies are shredding these copper rods down to disguise them as scrap. This is because of the difference in tariffs between…

Following Iran's attack on Israel, the world waits for their next steps. For the first time, a former U.S. president faces criminal charges.

Apr 15, 2024

Israeli war cabinet meets after Iran’s direct attack

After Iran’s unprecedented attack on Israel over the weekend, the world awaits the next move by the two countries. For the first time in history, a former U.S. president will stand trial on criminal charges, as Donald Trump’s hush money trial begins. These stories and more highlight The Morning Rundown for Monday, April 15, 2024.…

March's sticky inflation report has thrown into question the timing of the Federal Reserve's anticipated interest rate cuts.

Apr 12, 2024

Inflation ‘out of Fed’s control,’ so what should it do with interest rates?

March’s sticky inflation report has thrown into question the timing of the Federal Reserve’s anticipated interest rate cuts. In fact, some have said Americans can’t rule out the Fed going in the opposite direction and hiking the rate instead. The Federal Reserve penciled in three quarter-percentage point rate cuts in 2024, but that was before…

Public school districts across the country are facing budget deficits as Covid-relief funds dry up, leading to staff cuts.

Apr 10, 2024

Layoffs on the rise: Budget deficits hit US public schools as COVID relief fades

As federal COVID relief funds dwindle, public school districts across the United States are contending with budget deficits, prompting layoffs of teachers and staff. According to David Goldberg, president of the California Teachers Association, approximately 1,600 California educators and school personnel recently received layoff notices — a substantial surge compared to previous years, as reported…

Analysts are scratching their heads trying to figure out why gold is breaking records right now — but it's not the only commodity on a tear.

Apr 09, 2024

Gold isn’t the only commodity surging. It could bring bad news for inflation.

Analysts are scratching their heads trying to figure out why gold is on a tear right now. The commodity hit another record high Tuesday, April 9, ahead of Wednesday’s inflation report and the release of the Federal Reserve meeting minutes, where investors get a behind-the-scenes look at what the Fed is thinking in terms of cutting…

In a year where Americans are anxiously waiting for interest rates to drop, JPMorgan Chase CEO Jamie Dimon warns rates may go even higher.

Apr 08, 2024

Jamie Dimon warns of higher interest rates, recession and AI taking jobs

In a year where Americans are anxiously waiting for interest rates to drop, the CEO of the world’s largest bank warns rates may go even higher than they are today and don’t count out a recession. There are two CEOs in this country whose annual letters to shareholders are more widely anticipated than the rest:…

The U.S. Federal Reserve is not being restrictive enough, and its rhetoric does not match the reality of its actions or policies.

Apr 08, 2024

Federal Reserve policy should be more restrictive

The American economy is booming, with high GDP growth, record-low unemployment, and wage gains for median workers. Over the past few quarters, U.S. economic growth indicators have consistently outperformed official projections. But the U.S. Federal Reserve recently conceded that its policies might be too restrictive, hindering the full potential of the U.S. economy, which the…

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