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AMERICAN NEWS Jul 28, 2022 6:21 PM EST

BREAKING: Biden declares ‘we are not in a recession’ after 2 straight quarters of GDP decline

“Both Chairman Powell and many of the significant banking personnel and economists say we’re not in recession,” Biden said.

Libby EmmonsBrooklyn, NY

July 28, 2022 6:21 PM2 Mins Reading

President Biden spoke on Thursday to address an agreement made in Congress on the Inflation Reduction Act of 2022, a watered-down Build Back Better plan that got Senator Joe Manchin’s vote. Manchin had been a hold-out against the former plan.

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At the end of his remarks, he said “Let me speak to one other issue: the GDP, and whether or not we are in a recession. Both Chairman Powell and many of the significant banking personnel and economists say we’re not in recession.” In this, Biden repeated his Monday claim.https://rumble.com/embed/v1bbqnd/?pub=2n05b

“But let me just give you what the facts are in terms of the state of the economy,” he went on. “Number one, we’ve a record job market of record unemployment of 3.6 percent. Today, we have created 9 million new jobs,” he said, discussing the recently House-passed CHIPS Act, funneling money into the tech sector.

The Biden administration last week changed the definition of a recession to be more dependent on unemployment numbers, an area where the US is currently doing fine. The old definition stated that a recession is underway when two consecutive quarters show declining GDP, as was announced this morning.

The linguistic change was made in advance of the numbers drop, which was broadly anticipated.

The Inflation Reduction Act of 2022, Biden said, “will reduce inflationary pressure on the economy.” He said it also has the “support of climate leaders,” citing Al Gore’s support of the plan. Gore said the bill is “long overdue and a necessary step to ensure the United States takes decisive action on the climate crisis that helps our economy and provides leadership for the world by example.”

The Inflation Reduction Act gives federal health initiatives, such as Medicare and Medicaid, to negotiate prescription drug costs, and locks in health care premiums for the next three years.

As regards “environmental justice,” Biden said, the bill invests $369 billion to “secure energy future and address the climate crisis.” It gives tax credits as well as rebates to buy new appliances that are energy efficient, to weatherize their homes, or install solar. There are also tax credits for those who can buy new electric cars, if those cars are made in the US.

“This investment in environmental justice is real,” Biden said, noting that it increases taxes for corporations, and will “tackle the climate crisis and improve our energy security right away.”

Biden believes this bill will also create 1000s of good-paying jobs, manufacturing jobs and clean energy construction projects solar projects, wind projects, clean hydrogen projects, carbon capture projects, and more by giving tax credits for those who build these projects here in America.”

Speaking to reporters, Biden said, “this bill is going to keep that progress going, Yes, I’ll say it again, this legislation will bring down the deficit, bring down the deficit.”

This is a breaking story and will be updated.

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Personal finance and investing

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Masters Program courses for information technology and financial markets

The securities markets have already changed as a result of new information technologies. Mid-size and bigger businesses have automated much of the order handling processes. When offering and distributing shares as well as communicating with investors, mutual funds use the Internet. Online offers are conducted by corporate issuers of various sizes. Investors are beginning to forgo conventional exchanges and dealer-based trading platforms in favor of dealing with one another directly across electronic networks at a reduced cost. Instead of contacting or going to a live broker, retail buyers are trading stocks online. Without the assistance of the typical market intermediaries, several small issuers have created secondary trading markets on the Internet for normally very illiquid shares.

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Due to the advancement and revolution in technology, applicants can choose from a wide range of IT courses to advance their chances of success in the future. The opportunity to advance one’s knowledge and skills on a particular platform is provided via courses. Taking IT certification classes makes it easier to comprehend the course’s key topics and enables individuals to obtain a unique solution. Therefore, if you’re planning to enroll in an IT course.

Master program for Information technology courses

The following courses have been listed as master program for information technology courses that will be in demand in 2022

Cloud computing

The IT industry’s recruiting practices are altering as a result of cloud computing. IT firms will soon hire specialists in cloud computing in favor of workers with more general abilities. The market for cloud computing specialists will grow significantly as cloud computing usage increases in Indian businesses of all sizes and industry sectors.

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Blockchain

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DevOps

The technology with the highest yearly compensation in the IT sector is DevOps. It is a continuous process that uses several well-known tools, like Puppet, Docker, and Chef, among others. Leading professionals are hired by the major MNCs with skill and proficiency. One may learn about the DevOps lifecycle and other topics by obtaining a DevOps certification.

Artificial intelligence

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Can a computer information systems graduate do a PHD degree in system dynamics?

Before i start with your question information system prepares academic scholars focused on how business technologies are designed, developed, and used to enable and empower individuals, teams, processes, organizations, and society.

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Title: *Masters Program courses for information technology and financial markets*

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“Do not say a little in many words but a great deal in few.”

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Sweet success.

Having the proper mindset, moving outside your comfort zone, developing and maintaining healthy relationships, and staying focused have been key drivers of success for thousands of years.

“Our greatest glory is not in never falling, but in rising every time we fail.”

— Confucius

“Do not say a little in many words but a great deal in few.”

— Pythagoras

You are on the right track.

“Our greatest glory is not in never falling, but in rising every time we fail.”

— Confucius

Getting started can be the hardest part.

Work Hard

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“Good actions give strength to ourselves and inspire good actions in others.”

— Plato

Sometimes the hardest part of finding success is gathering the courage to get started. As long as you’re learning, you’ll never really fail.

Sweet Success. Brilliant.

Having the proper mindset, moving outside your comfort zone, developing and maintaining healthy relationships, and staying focused have been key drivers of success for thousands of years.