User: newstrust Topic: US Economy
Category: Jobs
Last updated: Aug 18 2017 13:53 IST RSS 2.0
 
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The Trump administration's claim that the U.S. government 'certified' 700,000 jobs lost by NAFTA 18.8.2017 Washington Post: Politics
The U.S. Trade Representative is echoing Trumpian rhetoric on NAFTA job loss. But it is fanciful spin.
Skeptics dismiss Bannon's call for economic war with China 18.8.2017 AP Business
WASHINGTON (AP) -- White House adviser Steve Bannon isn't alone in pondering America's possibly generation-defining question about China's emerging superpower status - but his call for an "economic war" puts him far outside the mainstream....
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The Latest: Wisconsin Assembly passes $3B Foxconn bill 18.8.2017 AP Business
MADISON, Wis. (AP) -- The Latest on the Wisconsin state Assembly debate of the $3 billion Foxconn bill (all times local):...
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'Maniacal' focus on China puts Trump aide out of mainstream 18.8.2017 AP Politics
WASHINGTON (AP) -- White House adviser Steve Bannon isn't alone in pondering America's possibly generation-defining question about China's emerging superpower status - but his call for an "economic war" puts him far outside the mainstream....
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The Latest: At least 1 Wisconsin Democrat backs Foxconn 18.8.2017 AP Business
MADISON, Wis. (AP) -- The Latest on the Wisconsin state Assembly debate of the $3 billion Foxconn bill (all times local):...
Velshi And Ruhle Smash Trump Talking Points: 'You Can't Just Lie On TV!' 17.8.2017 Crooks Liars
It's getting tougher out there for a Trump surrogate. It's almost enough to feel bad for Trumper Brad Thomas, who is on to desperately pivot away from the fact that he's been championing a Nazi-apologizing white supremacist by claiming credit for all manner of economic good done by the Orangey McSmallHands. Almost. But Ali Velshi and Stephanie Ruhle aren't having it on their show. When you spend your morning rage-tweeting about "beautiful" confederate statues and history , maybe that's not the time to send out surrogates to insist that you're working hard for the American people. Even when Thomas tries to "conservative"splain how the economy is strong, thanks to Donald Trump, Velshi points out that he's taking credit for economic growth that has steadily been climbing due to Obama policies to pull us back from the brink of economic collapse in 2009. "This market started going up on March 9th, 2009," Velshi retorts, "and if you have a ruler, it's a pretty much straight line from there to now. There is ...
Trump's Manufacturing Council went belly up. That signals more struggles ahead. 17.8.2017 Washington Post: Op-Eds
Trump's Manufacturing Council went belly up. That signals more struggles ahead.
What you need to know about NAFTA as it goes through a quarter-life crisis 17.8.2017 Washington Post: World
Political stakes are high as NAFTA gets an overdue renegotiation.
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Capitalist Economies Create Waste, Not Social Value 17.8.2017 Truthout.com
More production means more waste: more waste means more production. Waste is a sign of capitalism's success. In this excerpt from Creating an Ecological Society, Fred Magdoff and Chris Williams show the immense levels of waste created by capitalism today, including the prison-industrial complex, food system and housing in the United States -- not to mention the horrendous expensive and wasteful US military. (Photo: hroe / iStock / Getty Images Plus) What would a truly just, equal and ecologically sustainable future look like? Why would it require a change in our economic system, namely the end of capitalism? Fred Magdoff and Chris Williams answer these questions in Creating an Ecological Society: Toward a Revolutionary Transformation. Suffused with radical hope, this book can be yours with a donation to Truthout! In this excerpt, Magdoff and Williams show the immense levels of waste created by capitalism today, including the prison-industrial complex, food system and housing in the United States -- not ...
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Fallout grows from Trump’s statements as CEO exodus leads to disbanding of advisory groups 17.8.2017 Washington Post
Condemnations from business leaders, representing all corners of American industry, were striking for the ways they personally critiqued the president for failing to attempt to unify the country in the wake of the violence in Charlottesville.
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Fed minutes show split on timing of asset reduction 16.8.2017 LA Times: Nation

Several Federal Reserve monetary policymakers wanted to announce last month exactly when they would start reducing the central bank's trillions of dollars in assets, but most preferred to wait to see how the economy and financial markets were doing over the summer, according to an account of the...

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Neo-Nazi Emboldenment and the Rise of Illiberal Democracy 16.8.2017 Truthout - All Articles
Police with binoculars and a rifle position themselves on a roof across the street from the Charlottesville City Hall before Jason Kessler, a white nationalist organizer, tried to speak outside the Charlottesville City Hall on August 13, 2017, in Charlottesville, Virginia. The police often stood by as white supremacists escalated violence against anti-racist counter-protesters. (Photo: Win McNamee / Getty Images) If the neo-Nazis feel especially emboldened to come out of the shadows now, it's because elements of their neo-fascist ideology have found a comfortable place at the highest levels of the current administration, including with Trump himself. Such normalization of hate and bigotry is usually the first step to authoritarianism. Police with binoculars and a rifle position themselves on a roof across the street from the Charlottesville City Hall before Jason Kessler, a white nationalist organizer, tried to speak outside the Charlottesville City Hall on August 13, 2017, in Charlottesville, Virginia. ...
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Trump's solution to racism is 'jobs.' It's not that simple. 16.8.2017 Washington Post
Trump's solution to racism is 'jobs.' It's not that simple.
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Americans' views of trade aren't just about economics. They're also about race. 16.8.2017 Washington Post
Americans' views of trade aren't just about economics. They're also about race.
Squeeze on UK living standards eases as wages pick up 16.8.2017 Washington Post: World
The squeeze on living standards in Britain since last year’s Brexit vote appears to be abating, a development that should, if sustained in the months to come, shore up the economy as it gears up for its exit from the European Union.
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Young Afghans see opportunities dwindle as security worsens 16.8.2017 AP Top News
KABUL, Afghanistan (AP) -- Sultan Hossaini sent three of his children from their rural home to the capital, Kabul, hoping they would gain degrees and employment in the new Afghanistan that was promised after the overthrow of the Taliban....
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Cuba struggling to keep professionals from leaving 16.8.2017 AP Business
PINAR DEL RIO, Cuba (AP) -- Calle Marti is a modest half-mile boulevard split by a simple winding flagstone path that's bracketed by green grass, pine trees and curving blue cement benches....
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At Carrier and beyond, workers are quitting manufacturing jobs in droves 16.8.2017 Washington Post
At a time when the Trump administration argues that creating manufacturing jobs is a critical national goal, many factory workers are making a surprising decision: They’re giving up their jobs.
Retail sales see big jump in July 16.8.2017 SFGate: Business & Technology
Consumer spending accounts for around 70 percent of economic activity, so the latest result is a good sign for overall economic growth. Michael Pearce, U.S. economist at Capital Economics, said the strong gain in July sales showed that consumer spending was off to a good start for the third quarter. “With the labor market still adding jobs at a rapid pace, consumption growth looks set to remain strong for at least the rest of this year,” Pearce said. The sporting goods chain said that athletic apparel sales were weak and that it plans to do more marketing and cut prices as it tries to keep its market share. The company and its competitors are facing weakening demand because car sales are slowing down from their recent record pace as competition from online retailers is growing. Luxury retailer Coach tumbled after its fourth-quarter sales and its profit forecast for the current fiscal year came up short of analyst estimates. The overall economy, as measured by the gross domestic product, grew at a ...
The Fix: Trump’s off-the-rails news conference on Charlottesville and the ‘alt-left,’ annotated 16.8.2017 Washington Post
The Fix: Trump’s off-the-rails news conference on Charlottesville and the ‘alt-left,’ annotated
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