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Vice President Kamala Harris promotes Inflation Reduction Act

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U.S. Vice President Kamala Harris has spent the day promoting the Inflation Reduction Act.

President Joe Biden signed the $750 million health care, tax and climate bill into law last month. It’s all in a bid to reduce the cost of living for Americans.

However, despite its very name aiming to reduce inflation, many experts say the bill is having an opposite effect on the cost of living.

As the midterms approach, inflation is at an all time high right across America.

Vice President Kamala Harris has promised the administration’s bill will help.

“I am here to thank you all, for one, helping to inform all the work we’ve done so far but then to make it real,” she said.

“It’s not about sitting around here and patting ourselves on the back when a bill gets passed. It’s not just about a press conference, it’s about making sure that people feel it,” Harris added.

The bill falls short of what progressive Democrats and climate activists were hoping for. But regardless, it’s still the largest federal clean energy investment in the nation’s history.

It is aimed at boosting solar panel manufacturing and wind turbines, as well as providing tax credits for electric vehicles.

Meanwhile, the government is now able to negotiate prices of certain prescription drugs and enforces a 15 per cent corporations tax for those companies earning $1 billion or more.

“Life shouldn’t be too expensive for working people. People work hard,” Harris said.

The Vice President continued, adding “they should be able to afford to pay their bills and feed their children and take a vacation from time to time.”

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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Wall Street wobbles as RBA and Tesla face tests

Global markets are unsettled by Wall Street’s downturn, inflation in Australia, and key U.S. tariff decisions.

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Global markets are unsettled by Wall Street’s downturn, inflation in Australia, and key U.S. tariff decisions.


Global markets are jittery amid a Wall Street sell-off, renewed inflation pressure in Australia, and high-stakes decisions on U.S. tariffs and Elon Musk’s Tesla pay deal.

Capital.com’s Kyle Rodda breaks down the risks and reactions shaping the week ahead.

#Markets #WallStreet #RBA #Tesla #ElonMusk #Inflation #Trade #Finance #Economy #CapitalCom


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Bitcoin crash shakes global markets

Bitcoin’s drop below $100K triggers $45B in long-term selling, affecting global markets; insights from David Scutt on future trends.

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Bitcoin’s drop below $100K triggers $45B in long-term selling, affecting global markets; insights from David Scutt on future trends.


Bitcoin’s slide below $100,000 has sent shockwaves through global markets, with $45 billion in long-term holdings sold and risk assets tumbling.

David Scutt from StoneX breaks down what’s driving the sell-off — and where markets go next.

#Bitcoin #CryptoCrash #Markets #RiskAssets #CryptoNews #FedPolicy


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Putin and Xi tighten alliance amid Western pressure

Russia and China solidify ties with a new investment deal, increasing energy and tech cooperation amid U.S. sanctions.

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Russia and China solidify ties with a new investment deal, increasing energy and tech cooperation amid U.S. sanctions.


Russia and China have deepened their strategic partnership, signing a new investment protection deal and expanding cooperation across energy and technology.

The move comes as U.S. sanctions on Moscow intensify.

#Russia #China #Putin #XiJinping #Trade #Sanctions #Geopolitics #Energy #Diplomacy #WorldNews


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