User: newstrust Topic: US Economy
Category: Jobs
Last updated: Oct 21 2017 07:58 IST RSS 2.0
 
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Yellen says Fed's extraordinary policies may be needed again 21.10.2017 AP Business
WASHINGTON (AP) -- Federal Reserve Chair Janet Yellen on Friday defended the central bank's extraordinary efforts to fight the Great Recession and said they might be needed again....
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California's economy strengthened in September, adding 52,200 jobs 21.10.2017 LA Times: Commentary
California added 52,200 net new jobs in September, and the unemployment rate remained unchanged from a month earlier at 5.1%.
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Trump could upend decades of stability at Federal Reserve as he decides on its next leader 21.10.2017 Washington Post
The president is considering two fierce critics of current Fed Chair Janet Yellen. Both candidates have spent years attacking the Fed's approach to keeping interest rates low in hopes of stimulating the economy.
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Ralph Northam’s ‘Sell Out’ Stretch 21.10.2017 FactCheck
A TV ad from Democrat Ralph Northam strains to portray Republican Ed Gillespie as a lobbyist who sold out workers by fighting "to give billions to Wall Street ...
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California employers boosted payrolls last month 20.10.2017 LA Times: Business
California added 52,200 net new jobs in September, and the unemployment rate remained unchanged from a month earlier at 5.1%.
What would happen if Amazon brought 50,000 workers to your city? Ask Seattle. 20.10.2017 Chicago Tribune: Business
Amazon.com has driven an economic boom in Seattle, bestowing more than 40,000 jobs upon a city known for Starbucks coffee and Seahawks fandom. Its growth remade a neglected industrial swath north of downtown into a hub of young workers and fixed the region, along with Microsoft before it, as ...
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U.S. unemployment claims fall to the lowest in 44 years 20.10.2017 LA Times: Business

The number of Americans collecting unemployment benefits fell last week to the lowest level since Richard Nixon was president.

The Labor Department said Thursday that claims for jobless aid dropped by 22,000 to 222,000, the fewest since March 1973. The less volatile four-week average slid by 9,500...

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Former President Obama steps back onto the campaign stage to spur voters 20.10.2017 LA Times: Nation

Returning to the campaign trail nine months after he left the presidency, Barack Obama laced into Donald Trump’s presidency as dismantling the gains of his two terms in office and taking America backward.

Obama did not utter Trump’s name during his speech at a rally in Newark for Phil Murphy, the...

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Driven by unrest and violence, Venezuelans are fleeing their country by the thousands 20.10.2017 L.A. Times - World News
As many as 500,000 Venezuelans have fled their country in the last two years - an exodus triggered by social unrest, violence and corruption.
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What would happen if Amazon brought 50,000 workers to your city? Ask Seattle. 19.10.2017 Washington Post
When Amazon made a surprise announcement last month that it planned to open a second headquarters with even more jobs, it set off an unprecedented race among cities to lure the tech giant their way. Amazon said it ultimately would need 8 million square feet in a second region, making it the biggest economic development target experts can remember in decades.
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US unemployment claims fall to 222,000, lowest in 44 years 19.10.2017 AP Business
WASHINGTON (AP) -- The number of Americans collecting unemployment benefits fell last week to the lowest level since Richard Nixon was president....
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‘I’ve never had a year so bad’: How Modi’s big economic changes have hit India’s small businesses 19.10.2017 Washington Post: World
As promises of prosperity falter, shoppers are spending less ahead of Diwali.
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Abe offers stability — and in Japan, that’s sufficient 19.10.2017 Washington Post
Abe offers stability — and in Japan, that’s sufficient
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China's conflicted goals: Freer markets, more party control 19.10.2017 AP Business
BEIJING (AP) -- China's ruling Communist Party is expanding its role in business even as it promises freer markets and support for entrepreneurs on the eve of President Xi Jinping's second five-year term as leader....
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“Let another city ‘win'”: Some locals are saying no thanks to an Amazon headquarters in Denver 19.10.2017 Denver Post: All Political News
The threat of increased traffic congestion, the rise in unaffordable housing, the burden on the city's infrastructure and the impact on lower-income citizens rise to the top of those who aren't so rah-rah on Amazon's HQ2 moving to Denver.
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What Kinds Of Businesses Get Helped By The Republican Tax Plan? 19.10.2017 Crooks Liars
Republicans have officially stopped caring about the deficit they bemoaned constantly for the eight years Barack Obama was president. And in the face of all kinds of non-partisan analysis, some of them even are admitting that yes, the enormous tax cuts they propose are mostly benefitting very rich people. However, the GOP insists that increasing the deficit in service to the bottom line of the top 1% is worth the tradeoff because it will trigger an explosion in economic growth, wage increases, and new jobs. Oh, and they also have a bridge in Brooklyn they want to sell you. The “small businesses” that will be helped most by the Republican tax plan are so-called pass-through businesses. I will get a tax cut because I am a consultant. Law firms will get a tax cut. Private equity and hedge fund companies will see a rather large tax cut -- for many of them it will be in the millions of dollars. Real estate companies such as -- to pick one completely random example -- the Trump Organization will get tax cuts. ...
Janet Yellen deserves a second term as Fed chair 18.10.2017 Washington Post: Op-Eds
She has a proven track record of competence and care in the conduct of the nation’s monetary policy.
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Trump officials’ hard-line negotiating tactics lead to a trade talks standoff 18.10.2017 Washington Post
Trump officials’ hard-line negotiating tactics lead to a trade talks standoff
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Why tax cuts won't generate as much economic growth as Trump hopes 18.10.2017 LA Times: Nation

President Trump and congressional Republicans talk about their tax overhaul plan as if it’s a sure-fire bet for the economy.

Far from it. There’s little historical evidence that tax cuts actually pay off in boosting economic growth long-term.

And today’s combination of high federal debt and a tight...

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High-end Brazilian job recruitment marketplace Revelo raises $4.6 million 18.10.2017 TechCrunch
 Revelo, a job marketplace that puts the responsibility on companies to contact candidates, has raised $4.6 million in its latest financing. The company, unlike traditional job boards, puts high-end, high-profile Brazilian job seekers at the center of the search, and makes companies reach out to them. Its latest round was led by Valor Capital, the Latin American-focused venture capital fund,… Read ...
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