User: flenvcenter Topic: Economics and Jobs-National
Category: Economics :: Global Economies
Last updated: Aug 27 2019 01:37 IST RSS 2.0
 
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Fox News Expert: Trump Reacting 'In Anger' to China and Fed Chair 'Unsettled' Stock Markets 27.8.2019 Newsweek Top Stories
"We were bracing for the worst," financial analyst Charles Payne said Monday on the Fox News show "America's Newsroom."
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Retail Sales Outpace Estimates, Stabilizing Markets and Slightly Easing Concerns of Recession 16.8.2019 Newsweek Top Stories
Consumer spending accounts for more than two-thirds of the U.S. economy, and the retail figures indicated that consumers were not yet tightening purse strings despite dire economic predictions spurred by the inverted yield curve.
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Stock markets take a breather after steep drop 15.8.2019 Minnesota Public Radio: Law & Justice
Investors paused to catch their breath Thursday after the stock market suffered its worst drop of the year the day before. Consumer spending is still strong, despite signs of a looming recession.
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#TrumpSlump Trends on Twitter as Stock Markets Fall Amid Escalating China Trade War 15.8.2019 Newsweek Top Stories
As the leading U.S. stock markets dropped and signs pointed to a recession, #TrumpSlump trended on Twitter.
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#TrumpRecession Trends As Dow Drops 800 Points and Americans Blame President for Looming Recession 15.8.2019 Newsweek Top Stories
"You can only ride the #StolenGlory of President Obama's recovery for so long before your own disastrous policies destroy it all," Charles M. Blow tweeted.
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Investors Are Rushing to Gold And Bonds As Stock Market Continue Tumbling 7.8.2019 Newsweek Top Stories
"Gold in particular is often seen as a safe haven investment...but has not held up over the long haul relative to either the stock market or inflation," Greg McBride told Newsweek.
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China's currency falls to lowest exchange rate in 11 years 5.8.2019 Minnesota Public Radio: Law & Justice
The China's central bank appears to have orchestrated the renminbi's fall against the U.S. dollar. A weaker currency makes Chinese goods more competitive on the world market.
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China threatens retaliation for Trump's planned tariff hike 2.8.2019 Minnesota Public Radio: News
China on Friday threatened retaliation if U.S. President Trump's planned tariff hikes go ahead, while the renewed acrimony between the two biggest global economies sent stock markets tumbling.
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This economic theory could be used to pay for the Green New Deal 17.7.2019 Minnesota Public Radio: Law & Justice
Liberal Democrats have embraced an obscure brand of economics — "modern monetary theory" — to make the case for deficit-financed government programs like the Green New Deal for clean energy and jobs.
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What’s for sale at this outdoor market? Cold, hard cash 11.7.2019 LA Times: Commentary

The men stand in a maelstrom of money. There's lots of it: inch-thick wads of crisp Benjamins, 100-euro bills and Turkish liras. Brick-sized blocks of Libyan dinars bulge from suitcases or are spirited away in wheelbarrows.

Here in the cobblestoned pathway of the Musheer market, a few steps away...

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Texas billionaire H. Ross Perot dies at 89 9.7.2019 Minnesota Public Radio: News
Perot, whose 19 percent of the vote in 1992 presidential election stands among the best showings by an independent candidate in the past century, died early Tuesday at his home in Dallas surrounded by his devoted family, family spokesperson James Fuller said.
4th of July: Which Banks and Stock Markets Are Open? Bank of America, Chase, Wells Fargo and More 4.7.2019 Newsweek Top Stories
Banks have a surprisingly intertwined history with the Independence Day.
Why the wealth gap has grown despite a record economic expansion 2.7.2019 LA Times: Business

As it enters its 11th year, America's economic expansion is now the longest on record — a streak that has shrunk unemployment, swelled household wealth, revived the housing market and helped fuel an explosive rise in the stock market.

Yet even after a full decade of uninterrupted economic growth,...

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US Economic Recovery Is Now the Longest Ever. So Why Are Experts So Nervous? 30.6.2019 Newsweek Top Stories
It's been 10 years since the crash. Hope you've enjoyed the expansion—because it's probably going to end soon.
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‘How are you going to pay for it?’ — 2020 candidates wrestle with their costly plans 21.5.2019 Los Angeles Times - Living Green

They keep piling up, sometimes trillions of dollars at a time.

The competition among 2020 Democratic presidential hopefuls to be bold in confronting vexing social and economic challenges has created a mountain of policy promises. The rising price tag has implications the contenders prefer to sidestep.

...
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Federal Government Breaks New Record for Spending Money 15.5.2019 Newsweek Top Stories
Trump’s interim chief of staff Mick Mulvaney said in April that his administration was “spending a bunch of money on stuff we’re not supposed to.”
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Uber IPO: The long ride to profitability 14.5.2019 LA Times: Commentary

Uber has broken a lot of rules in its 10-year history. So why should its debut on Wall Street last Friday — the biggest U.S. tech flotation since Facebook — be any different?

Even by the standards of ambitious, loss-making technology start-ups, burning through $2 billion in cash a year this late...

Trump's threat to raise tariffs on China send markets falling 6.5.2019 Minnesota Public Radio: Business
China and the U.S. are scheduled to continue trade talks in Washington this week, but President Trump's threat to raise tariffs as of Friday has blindsided Beijing, a trade analyst says.
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U.S. Deficit Soars to New Highs Due to Trump Tax Cuts, Spending Bills 3.5.2019 Newsweek Top Stories
If President Donald Trump’s spending and tax policies continue, a new CBO report found, the U.S. national debt will rise from 78 percent to 105 percent of the economy over the next decade.
One-time deficit hawk Mulvaney says soaring U.S. debt isn’t ‘holding us back’ 1.5.2019 LA Times: Commentary

Mick Mulvaney came to the Milken Institute Global Conference Tuesday with a straightforward message: President Trump’s economic strategy is working.

The acting White House chief of staff offered a broad defense of the administration’s tax cuts, trade wars and other policies — claiming the result...

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