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Harvard's Historic Photo Transfer 📷
Ryan Serkes
May 29, 2025
The
Daily Trade
Hey Daily Traders,
In a landmark decision, Harvard University has agreed to transfer historic photographs of enslaved individuals to the International African American Museum, concluding a lengthy legal battle. This settlement, a victory for descendants of enslaved people, underscores the importance of acknowledging historical wrongs and offers a new avenue for educational and cultural dialogue.
Meanwhile, the U.S. electric vehicle industry faces potential setbacks as the GOP-controlled House passes a budget threatening Biden-era tax credits. This could impact the domestic EV supply chain and competitiveness against China, raising concerns about the future of clean energy investments. Additionally, a new conservation bank in Texas aims to protect the Eastern Black Rail, highlighting the critical role of collaboration in preserving biodiversity.
Here's what's happening today:
- 📸 Harvard settles over historic photos of enslaved people
- ⚡ EV tax credits at risk due to GOP bill
- 🐦 First Eastern Black Rail Conservation Bank approved
- 🎁 +10 more business & investing news stories you might like
- 📊 +4 technical analysis results
Question
Do you believe Harvard's decision to transfer historic photographs to the museum marks a meaningful step towards addressing historical injustices?
Reply to this email with your answer
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Real Estate  Harvard University has agreed to transfer 175-year-old photographs of enslaved individuals to the International African American Museum in South Carolina. The settlement concludes a 15-year legal battle with Tamara Lanier, who claims descent from the subjects in the photos. The daguerreotypes, commissioned by Harvard biologist Louis Agassiz, were previously housed in Harvard's Peabody Museum. This resolution is regarded as an unprecedented victory for descendants of enslaved people. Lanier's pursuit of justice highlights the enduring impact of slavery and the importance of acknowledging historical wrongs. The museum plans to work with Lanier on how the images' stories will be presented, marking a significant step in addressing historical injustices. While Harvard has not confirmed Lanier's lineage to the individuals, the transfer of these images allows for broader access and contextual understanding of their significance. Key Takeaway
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Stock Market  The Republican-controlled U.S. House has passed a budget that could significantly impact the growth of the electric vehicle (EV) industry by pulling back on Biden-era tax credits. These credits were designed to boost the domestic supply of critical minerals and battery technologies while encouraging the adoption of zero-emission vehicles. The move has raised concerns among clean energy advocates about the potential stunting of the industry's growth and the broader implications for the global auto market. Critics argue that the rollback of these credits could hamper U.S. competitiveness against China, a major player in the battery minerals sector. The bill's passage could also have political repercussions, particularly in Republican-led states that have benefited from clean vehicle investments. The potential reduction in EV-related credits poses a threat to ongoing investments and projects, challenging the U.S.'s position in the global race for clean energy leadership. Key Takeaway
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Real Estate Conservation Equity Management and Ironwood Resource Advisors have announced the establishment of the first Eastern Black Rail Conservation Bank in the U.S., approved by the U.S. Fish and Wildlife Service. Located in Brazoria County, Texas, the bank aims to restore and conserve 500 acres of coastal prairie habitat critical to the survival of the Eastern Black Rail, a marsh bird listed as Threatened under the Endangered Species Act. This initiative represents a significant step in habitat protection and species recovery. The conservation bank will generate mitigation credits by restoring previously degraded habitats, offering a streamlined compensatory mitigation solution for developers impacting Eastern Black Rail habitats. This project underscores the importance of collaboration between conservationists, government agencies, and private stakeholders in preserving biodiversity and supporting ecosystem stability. The initiative not only aids in the bird's survival but also enhances the long-term resilience of coastal ecosystems. Key Takeaway
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More Business & Investing news
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Today's Technical Analysis
RSI Sell | MFI Sell | WillR Sell | AO Sell |
CCI Sell | BBANDS Sell | ULTOSC Sell | STOCH Sell |
RSI Sell | MFI Sell | WillR Sell | AO Sell |
CCI Sell | BBANDS Sell | ULTOSC Sell | STOCH Hold |
RSI Sell | MFI Sell | WillR Sell | AO Sell |
CCI Sell | BBANDS Hold | ULTOSC Sell | STOCH Sell |
RSI Sell | MFI Sell | WillR Sell | AO Sell |
CCI Sell | BBANDS Sell | ULTOSC Sell | STOCH Hold |
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Technical Indicator Information
Relative Strength Index (RSI) | Period: 14 days | Overvalued threshold: 70 | Undervalued threshold: 30
Money Flow Index (MFI) | Period: 14 days | Overvalued threshold: 80 | Undervalued threshold: 20
Williams Percent Range (WillR) | Period: 14 days | Overvalued threshold: -20 | Undervalued threshold: -80
Aroon Oscillator (AO) | Period: 14 days | Overvalued threshold: 75 | Undervalued threshold: -75
Moving Average Convergence/Divergence (MACD) | Period: 26/12/9 days | Overvalued threshold: MACD crosses below MACD Signal | Undervalued threshold: MACD crosses above MACD Signal
Stochastic Oscillator (STOCH) | Period: 14/3/3 days | Overvalued threshold: %K crosses below %D above 80 | Undervalued threshold: %K crosses above %D below 20
Commodity Channel Index (CCI) | Period: 20 days | Overvalued threshold: 100 | Undervalued threshold: -100
Bollinger Bands (BBANDS) | Period: 20 days | Overvalued threshold: price >= upper band | Undervalued threshold: price <= lower band
Parabolic Stop and Reverse (SAR) | Period: variable 50 - 100 days | Overvalued threshold: SAR crosses above price | Undervalued threshold: SAR crosses below price
Triple Exponential Average (TRIX) | Period: 15 days | Overvalued threshold: TRIX crosses below 0 | Undervalued threshold: TRIX crosses above 0
Ultimate Oscillator (ULTOSC) | Period: 28/14/7 days | Overvalued threshold: 70 | Undervalued threshold: 30
Directional Movement Index (DMI) | Period: 14 days | Overvalued threshold: PlusDI crosses below MinusDI | Undervalued threshold: PlusDI crosses above MinusDI
Average Directional Index (ADX) | Period: variable 14 days | Requirement: >= 25
Analysis is only performed on securities with market caps in excess of $100 million and with daily trade volume in excess of $50 million.
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