A new law in Hong Kong could pave the way for digital currencies tied to China.
Category: Trump, Donald J
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Second Weak Jobs Report Undercuts Trump’s Claims of a Booming Economy
After a bad employment report in August, President Trump fired the official in charge of the numbers. This month’s data was just as disappointing.
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American Eagle Sales Fall Slightly After Sydney Sweeney Ad
The second quarter ended nine days after the ad was released, leaving little time to see the full impact of the campaign.
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Labor Market Stalled This Summer, With August Data Adding to Slowdown
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.
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Billionaire Crypto Investor Hits Out at Trump Family’s Firm
Justin Sun, a major investor in World Liberty Financial’s cryptocurrency, said that his coins had been “unreasonably frozen.”
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Weak Jobs Report Strengthens Case for Fed to Cut Interest Rates
A reduction at the Federal Reserve’s next meeting this month looks all but assured after August’s labor market data.
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Is Jobs Data Still Reliable? Why Economists Say Yes.
President Trump’s decision to fire the head of the Bureau of Labor Statistics has prompted questions about political interference.
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U.S. Imports Rose in July Following Months of Trade Turmoil
Data released Thursday morning showed trade rebounding slightly after President Trump’s sweeping global tariffs discouraged foreign countries from doing business with the United States.
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Wall Street’s Bet Against the Trump Tariffs
Investors are offering to buy importers’ rights to any refunds of the administration’s levies. It’s a longshot wager that courts will overturn the tariffs.
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Health Care Costs for Workers Begin to Climb
A survey shows employers expect a sharp increase in benefit costs for next year, and many will want workers to shoulder more of the burden.
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In Tariff Standoff With Trump, China Boycotts American Soybeans
U.S. farmers need to sell their incoming crop, and China needs to buy it in case its main alternative, Brazil, has a flood or drought. But their trade war prevents a deal.