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Bloomberg (August 28)

2025/ 08/ 30 by jd in Global News

“US companies are planning to buy back shares at a historic pace, a sign of Corporate America’s confidence in the economy.” In July, “announced share repurchases totaled $166 billion, the highest dollar value on record.” Subsequently, these went on to surpass “$1 trillion on Aug. 20, marking the shortest amount of time needed to reach that level.”

 

CNN (October 30)

2024/ 10/ 31 by jd in Global News

“The US economy seems to have pulled off a remarkable and historic achievement.” James Bullard, the former president of the Federal Reserve Bank of St. Louis, is among the “economists and officials who told CNN the economy has finally pulled off” a soft landing. “That scenario, in which inflation is tamed without a recession” would mark “an exceptionally rare achievement.”

 

Seeking Alpha (September 21)

2024/ 09/ 24 by jd in Global News

“It was a historic week for Wall Street, with the benchmark S&P 500… closing above the 5,700 points level for the first time ever. Meanwhile, the blue-chip Dow (DJI) surpassed and ended above the 42,000 points mark for the first time ever. The advance was driven by what was undoubtedly the most important event of the week:” the Fed’s half-point interest rate cut.

 

Wall Street Journal (May 30)

2024/ 06/ 01 by jd in Global News

“Donald Trump became the first former president ever convicted of a crime, with a Manhattan jury finding him guilty Thursday of 34 felonies for falsifying records to cover up hush money paid to a porn star. The historic verdict… could threaten his 2024 bid to return to the White House.”

 

USA Today (June 12)

2022/ 06/ 14 by jd in Global News

“A historic heat wave in the West was forecast to roll eastward this week after Phoenix, Las Vegas and Denver joined a plethora of cities and towns posting record temperatures and more than 50 million Americans sweltered under heat advisories.” Across a large swathe of the country, temperatures are “ranging from 10 to 30 degrees above normal for this time of year.”

 

Houston Chronicle (July 15)

2021/ 07/ 16 by jd in Global News

“The $3.5 trillion budget proposed by top Democrats represents the biggest move yet by President Joe Biden to attack climate change, including provisions such as clean energy standards for power grids, fees on methane emissions from oil and gas drilling, and increased incentives for electric cars.” If enacted, the legislation, “would set in motion a historic shift from fossil fuels and deliver a blow to the oil and gas producing regions across Texas, which have powered the nation’s economy for a century.”

 

CBC News (June 29)

2021/ 06/ 30 by jd in Global News

“Lytton, B.C., has broken the record for the hottest temperature ever recorded in Canada for a third straight day, hitting a scorching 49.6 C on Tuesday. The latest record was broken as a historic heat wave continues to scorch Western Canada, leading to a spike in sudden deaths in B.C. and dangerous wildfire conditions.”

 

Bloomberg (February 12)

2021/ 02/ 13 by jd in Global News

“GameStop is only the most public manifestation of a trend that radically departs from all precedents. Some of the potential consequences are worrying…. The most heavily shorted stocks have been doing well ever since the recovery from the initial shock of the pandemic got under way last March.” This has created “a historic ‘black swan’ disaster for short sellers.”

 

US News & World Report (November 4)

2020/ 11/ 06 by jd in Global News

“Joe Biden has broken former President Barack Obama’s record for total votes set in the historic 2008 election.” The 70 million votes Biden has already racked already exceed “Obama’s record of more than 69 million votes, with millions of ballots still being counted in several battleground states….” The former Vice President’s “record-breaking performance is shocking considering the voter enthusiasm – especially among young people – his former boss had in 2008.”

 

LA Times (April 6)

2020/ 04/ 07 by jd in Global News

“There has never been a time when it was more important to stand as one, together, across all differences, to keep our hearts beating. And yet in this historic moment the free world is led by a man who lacks basic civility, a man who is rolling back clean air standards in the middle of a deadly plague of respiratory disease, and whose greatest talent is to divide, mock, insult, alienate.”

 

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