Trump Drops Tariffs on Canada, Mexico Steel Imports to Ease Passage of Trade Deal

The Trump administration has agreed to lift tariffs on steel imports from Canada and Mexico, paving the way for a new trilateral trade deal to go through. President Trump made the announcement in remarks to the National Association of Retailers in Washington, D.C., Friday. “I’m pleased to announce that we’ve just reached an agreement with […]

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Social Media FOMO Causes You to Spend More, Survey Finds

More than a third of Americans say their spending habits are influenced by the spending habits of their social media connections. They say “fear of missing out” on experiences shared by friends on social media causes them to spend more than they can afford. The findings were published by financial services firm Charles Schwab in […]

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China Retaliates with Tariffs on $60 billion of U.S. Goods

China has announced tariffs on $60 billion of U.S. goods in response to $200 billion in tariffs announced by the Trump administration on Chinese goods last week. The economic tit-for-tat has sparked fears of a prolonged trade battle between the two economic powerhouses. The hike in Chinese tariffs came hours after President Trump warned Beijing […]

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Married Men Make More Than Any Other Group, Study Finds

According to a study conducted by the Federal Reserve Bank of St. Louis, married men earn more than married women, unmarried men and unmarried women. The difference can be as much as 80%. The data shows that for workers with a least high school diploma, there are no differences in wages among single workers. Workers […]

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These Industries Can’t Find Workers to Fill Job Vacancies

The U.S. is in the midst of one of the longest economic growth periods in its history. So strong is the job market in fact, that several industries are struggling to fill empty posts. Some of the industries having the toughest time filling openings are listed below. -The construction industry has been facing a labor […]

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July Jobs Report Shows U.S. Economy Continues to Grow

The U.S. economy added 157,000 jobs in July and the unemployment rate ticked down to 3.9% in a jobs report that was below analysts’ expectations but still showed an economy humming along. Experts had expected job gains of 190,000 for the month. Among the sectors adding the most positions were manufacturing with 37,000, health care […]

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President Hails 4.1% GDP Growth as Sign of Strong Economy

President Trump touted the strength of the economy on Friday, pointing to a GDP rate of 4.1% and record-low unemployment. “I am thrilled to announce that, in the second quarter of this year, the United States economy grew at the amazing rate of 4.1 percent. We’re on track to hit the highest annual average growth […]

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U.S. Adds 213,000 in Positive Jobs Report

The U.S. economy added 213,000 jobs in June, details a jobs report that shows an economy that is growing at near-record levels. Construction jobs added 13,000 jobs in the month, health care added 25,000 and professional and businesses services, leading all other industries, added 50,000 new positions. Even manufacturing, seemingly unbothered by the bourgeoning trade […]

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Canadian Developer Gets Approval to Build Largest Mall in U.S.

A Canadian real estate developer has won approval to build what would be the most expensive and largest mall ever built in the U.S. The mall, to be built in the Miami, FL, area would be a massive 6.2 million-square-foot complex and would cost roughly $4 billion. The developer, Triple Five Worldwide Group of Cos. […]

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The Cities Millennials Are Moving to the Most

Seattle, WA, is the top destination for millennials according to the latest report by SmartAsset, a financial technology company that provides financial advice. According to the study, nearly 30,000 millennials moved to city last year, while just over 22,000 moved out, leaving the city with a net influx of 7,300 millennials. The company points out […]

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