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Chip Maker SK Hynix Slashes Capital Spending
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Chip Maker SK Hynix Slashes Capital Spending

South Korea’s SK Hynix, one of the world’s biggest chip makers by revenue, halved its planned investments for next year due to deteriorating market conditions, as the semiconductor industry’s downturn continues.#Chip #Maker #Hynix #Slashes #Capital #Spending Source link

US Fed is losing billions, wiping out profits that funded spending
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US Fed is losing billions, wiping out profits that funded spending

Profits and losses aren’t usually thought of as a consideration for central banks, but rapidly mounting red ink at the Federal Reserve and many peers risks becoming more than just an accounting oddity. The bond market is enduring its worst selloff in a generation, triggered by high inflation and the aggressive interest-rate...

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Labor overhauls Australia’s climate spending in budget and sounds warning on future costs | Australian budget 2022

Labor has revamped Australia’s response to climate change and environmental degradation, redirecting nearly $750m in Coalition commitments, including some spending on gas and carbon capture and storage. As revealed by Guardian Australia, the first Albanese government budget scrapped a Scott Morrison-era electricity generation underwriting scheme that was promised, but failed, to build up to five...

Politics Podcast: Increased Ad Spending Won’t Save Democrats
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Politics Podcast: Increased Ad Spending Won’t Save Democrats

There are just two weeks until Election Day and according to the FiveThirtyEight midterm forecast the race for the Senate has been a “dead heat.” In this installment of the FiveThirtyEight Politics podcast, the crew discusses whether the airtime reservations for each parties’ Senate campaign ads are impacting the forecast’s shift. Then, Equis Research co-founder...

Biden admin spending $1M to research how ‘misinformation’ affects confidence in vaccines
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Biden admin spending $1M to research how ‘misinformation’ affects confidence in vaccines

The Biden administration is handing out $1 million in grant funding for research into how “vaccine misinformation” found on social media can affect people’s confidence in vaccines. The Department of Health and Human Services announced the grant opportunity, “Developing a Public Health Tool to Predict the Virality of Vaccine Misinformation Narratives,” on Thursday and will...