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The Gazette in Medina, Ohio

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

The Gazette

Location

Medina, Ohio, United States of America

Date

Oct 07, 2022

Page

9

Biden touts IBM 20B hudson valley investment edge vs China

President Biden highlighted IBM’s 20 billion dollar Hudson Valley expansion as part of a broader CHIPS and Science Act driven manufacturing boom. He cited national security and U.S. leadership in advanced chips while noting Micron and Intel/WolfSpeed investments. Reps Maloney and Ryan joined the visit in Poughkeepsie.

Poughkeepsie N.Y Joe Biden IBM New York Hudson River Valley United States China Biden Chinese Communist Party Sean Patrick Maloney Pat Ryan Kathy Hochul Stewart Air National Guard Base POTUS Hudson Valley Maloney Arvind Krishna Micron Intel Ohio WolfSpeed North Carolina

Walker faces abortion denial in Georgia Senate race

Georgia Republican Herschel Walker clings to denial after The Daily Beast reports alleging he funded and encouraged a 2009 abortion and later fathered a child with the same woman. The saga, shared amid a tight race against Sen. Raphael Warnock, tests party support and Walker's campaign narrative.

Wadley Georgia Senate Herschel Walker The Daily Beast Walker Donald Trump White House Raphael Warnock Joe Biden Washington Martha Zoller North

Stocks Slip But Week Solid Ahead of Jobs Data

Stocks closed lower on Thursday with the S&P 500 down 1 percent, Dow at 29,926.94 and Nasdaq down 0.7 percent, ending a choppy session that followed a strong weekly rally. Treasuries moved higher as investors awaited new jobless claims and monthly payroll data, while cannabis stocks surged after Biden announced clemency for simple possession. Tilray Brands MedMen Caraleaf and Trulieve led gains in the sector.

Wall Street Treasury Dow White House Biden Secretary of Health and Human Services U.S

Fed official urges ongoing hikes to curb inflation

Fed Governor Lisa Cook, at the Peterson Institute, said further rate increases are needed as inflation remains above the 2 percent goal. She noted inflation is persistently high and that policy should stay restrictive until price stability returns, echoing hawkish remarks from Neel Kashkari and Raphael Bostic this week.

Washington Federal Reserve Lisa Cook Cook Fed Peterson Institute For International Eco Neel Kashkari Federal Reserve Bank of Minneapolis Raphael Bostic Atlanta Fed Fedspeak Wall Street U.S Kashkari Bostic Bremer Financial Corp

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