Employers added 22,000 jobs in August. Revised data also showed that employment fell by 13,000 jobs in June, the first net loss since December 2020.
Category: live-detached
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Trump Lures Foreign Investment With a Familiar Pitch: Show Me the Money
President Trump is using an “Art of the Deal” approach to get trading partners to hand over cash to lower their tariffs.
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Corporation for Public Broadcasting Will Shut Down
The company is among the first casualties of a vote to strip roughly $500 million in federal funding from NPR, PBS and local stations across the country.
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Trump Turns to Untested Tariffs to Reorder Global Trade
President Trump has long wanted to rework world trade. The tariffs set to go into effect next week will carry out that plan.
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Fed Keeps Rates Steady Despite Internal Divisions and Political Pressure
The central bank kept interest rates steady for a fifth straight meeting, despite badgering from President Trump. It has “made no decisions” on cutting rates at its next meeting, the Fed chair said.
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White House Keeps Pressure on Powell Over Rate Cuts and Renovations
President Trump and his top aides have criticized Jerome H. Powell, the Fed chair, for his management of both the economy and a $2.5 billion revamp of the central bank’s headquarters.