User: newstrust Topic: US Economy
Category: Jobs
1 new since Dec 14 2017 07:02 IST RSS 2.0
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Trump hopes tax overhaul will lure back American investment and jobs. Ireland isn’t so sure. 14.12.2017 Washington Post
Irish government officials, accountants and highly skilled workers say the U.S. tax plan poses little threat to Ireland, a preferred European home for the United States’ top tech and pharmaceutical companies. They expect American companies to keep investing unabated in Ireland, with little incentive to move back to the U.S.
Fed raises crucial interest rate for 3rd time 14.12.2017 SFGate: Business & Technology
WASHINGTON — The Federal Reserve is raising its key interest rate for the third time this year and foresees three additional hikes in 2018, a vote of confidence that the U.S. economy remains on solid footing 8½ years after the end of the brutal recession. The Fed announced Wednesday that it’s lifting its short-term rate by a modest quarter-point to a still-low range of 1.25 percent to 1.5 percent. It is also continuing to slowly shrink its bond portfolio. Together, the two steps could lead over time to higher loan rates for consumers and businesses and slightly better returns for savers.
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Fed boosts benchmark rate for third time this year 14.12.2017 Chicago Tribune: Business
The Federal Reserve is raising its benchmark interest rate for the third time this year, signaling its confidence that the U.S. economy remains on solid footing 8½ years after the end of the Great Recession. The Fed is lifting its short-term rate by a modest quarter-point to a still-low range ...
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Federal Reserve raises interest rates as U.S. economy powers ahead 14.12.2017 Washington Post
The central bank lifted its benchmark interest rate by a quarter point to a range of 1.25 to 1.5 percent, a widely expected move that the Fed said is happening because America’s economy continues to improve.
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Fed hikes its key interest rate again and sharply increases next year's economic growth forecast 14.12.2017 LA Times: Nation

Federal Reserve monetary policymakers on Wednesday nudged up their key interest rate again and sharply increased their forecast for the economy's performance in 2018 as Congress neared passage of a large tax cut package.

Fed officials voted 7-2 after a two-day meeting to increase the rate by a...

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Janet Yellen, America’s first female Fed chair, finishes to ‘standing ovation’ 14.12.2017 Washington Post
One of the most powerful women in the world is closing out her tenure with a track record that arguably puts her among the best leaders the Federal Reserve has ever had.
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Maybe now attention can turn to children’s health care 13.12.2017 Minnesota Public Radio: Law & Justice
Lost amid all the focus on sexual harassment, Roy Moore, and the presidential tweets of the day is the fact that the Children's Health Insurance Program will run out of money in February, sooner in some states. The program was created two decades ago to ensure health care for kids whose parents don't have a lot of money, yet make too much money to qualify for Medicaid.
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European Central Bank in no hurry to yank stimulus 13.12.2017 Washington Post: World
Things are looking up for the European Central Bank. The 19-country eurozone economy is gathering speed. Higher oil prices should boost still-sluggish inflation, the bank’s chief concern.
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A question of faith: Evaluating the 'Trump Miracle' 13.12.2017 Washington Post: Politics
In Alabama, Stephen K. Bannon made the case for Trump's new America. Let's evaluate.
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Trump has unprecedented power to remake the world's most powerful economic body 12.12.2017 Washington Post
Trump has unprecedented power to remake the world's most powerful economic body
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Homeless in Rio skyrockets, creating tensions, violence 12.12.2017 Washington Post: World
One night about a year ago, Leandro Mota Generoso was sleeping on a street in downtown Rio de Janeiro when he felt something jagged strike his face.
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Tech executive is latest Democrat to challenge Rep. Dana Rohrabacher 11.12.2017 LA Times: Commentary
Cal Inc.: Fed weighs interest-rate hike to keep economy from overheating 11.12.2017 LA Times: Commentary

Welcome to California Inc., the weekly newsletter of the L.A. Times Business Section.

I'm Business columnist David Lazarus, and here's a rundown of upcoming stories this week and the highlights of last week.

Trading will kick off Monday following another week of gains capped off by a jobs report...

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Alabama’s desire to not be embarrassed may be the best thing going for Doug Jones 11.12.2017 Washington Post
A stark class divide has emerged in the Senate race, as elites worry about Republican Roy Moore’s effect on business. The opinion pages of state newspapers also have been filled with dire warnings about what message a Moore victory might send.
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The Finance 202: Senate to draw a red line on estate levy as part of tax negotiations 11.12.2017 Washington Post
The Finance 202: Senate to draw a red line on estate levy as part of tax negotiations
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Worker shortage will hold back Colorado’s economic growth in 2018, CU economists predict 11.12.2017 Denver Post: Business
An overtaxed infrastructure system and worker shortages will hold back economic growth in Colorado next year, according to the Colorado Business Economic Outlook 2018, which was released Monday.
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Huckabee Sanders: 'Laughable' For Obama To Try To Take Credit For 'Trump Economy' 11.12.2017 Crooks Liars
The gaslighting over at Trump-TV continues unabated. Trump spokesperson Sarah Huckabee Sanders made an appearance on Jesse Watters' show on Fox "News" this weekend and helped the host attack former President Obama for taking credit for the economy Trump inherited : White House Press Secretary Sarah Sanders said it's "laughable" that former President Barack Obama is trying to take credit for the booming economy. During a speech at the North American Climate Summit in Chicago on Tuesday, Obama said “we saw the U.S. economy grow consistently” after he focused on clean energy and carbon pollution regulations. “We saw the longest streak of job creation in American history by far,” Obama said. “A streak that still continues, by the way. ‘Thanks, Obama.’” "I think it's laughable that President Obama thinks he has anything to do with the success of where the economy is right now," Sanders said on "Watters' World." She pointed out that the U.S. gross domestic product growth rate has steadily gone up since ...
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The economy is on a sugar high, and tax cuts won’t help 11.12.2017 Washington Post: Op-Eds
The tax-cut legislation in a conference committee on Capitol Hill exacerbates every important problem it claims to address.
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Henry A. Giroux on Developing a Language of Liberation for Radical Transformation 10.12.2017
At the moment, people in the US are enduring a numbing assault from an authoritarianism brought to full fruition under Donald Trump. However, a galvanizing hope can shape a new vision and activism that will be transformative in the battle against an oppressive capitalism, says author and scholar Henry A. Giroux, who talked to Truthout about his new book, The Public in Peril. Hundreds of University of Wisconsin - Milwaukee students protest a Trump campaign rally on their campus, January 1, 2014. Protests by young people could become illegal in the future, according to Henry A. Giroux. (Image: Joe Brusky / Flickr ) What are the longer-term trends that gave rise to the presidency of Donald Trump? What will be the national and global impacts? And what do we need to do to resist? Henry A. Giroux tackles these questions in The Public in Peril: Trump and the Menace of American Authoritarianism. "This courageous and timely book is the first and best book on Trump's neo-fascism in the making," says Cornel West. ...
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It's official: President Trump just campaigned for Roy Moore 9.12.2017 Washington Post: Politics
At a Florida rally Friday, Trump erased any plausible deniability he may have had about the Alabama Senate race. Trump is all in on Roy Moore.
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