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Job growth falls short of expectations in November: 155,000 payrolls created vs 198,000 estimate

Nonfarm payrolls increased by 155,000 in November, the Labor Department says. Economists surveyed by Dow Jones had been expecting payroll growth of 198,000. The average hourly earnings gain of 0.2 percent fell short of estimates for a 0.3 percent increase. October’s jobs count was revised lower from an initially reported...

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Trump might have renominated Yellen for Fed chair if she wasn’t so… short, report says

Trump slams Fed chair, questions climate change and threatens to cancel Putin meeting in wide-ranging interview with The Post President Trump was considering reappointing Janet Yellen to another term as Federal Reserve chair but was concerned she was too short, according to a Washington Post report. Trump instead chose Jerome...

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Trade war is ‘negative, negative, negative’ for business, investors and consumers, ITC says

The U.S. trade spat with China and others is negative for business, investors and consumers, International Trade Center Executive Director Arancha Gonzalez said. Trump reportedly plans to meet with his trade team to discuss a draft report on tariffs for European autos. Treasury Secretary Steve Mnuchin has reportedly resumed trade...

A man using an angle grinder on a steel piece at a metal fabrication company on August 7, 2018 in Orange County, New York. 0

Wilbur Ross: Leveling the playing field for American workers

“Since the President took office in January 2017, the manufacturing sector has added 348,000 jobs, with year-over-year manufacturing job growth in 2018 increasing at the fastest rate since 1995.” The economy grew at a rate of 4.2 percent last quarter, far higher than most thought possible a few years ago....

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Canada and US reach trade deal to replace NAFTA: USMCA

The United States and Canada have agreed to a deal replacing the North American Free Trade Agreement, according to a senior U.S. administration official. The new deal has been deemed the USMCA — the United States-Mexico-Canada Agreement — the official says. Canada, America’s second largest trading partner, was left out...

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Jamie Dimon says he could beat Trump in an election: ‘I’m smarter than he is’

J.P. Morgan Chase Chief Executive Officer Jamie Dimon took a swipe at President Donald Trump, claiming that he could defeat the president in a head-to-head election. “I think I could beat Trump,” Dimon said Wednesday during an event held at his bank’s Park Avenue headquarters. “Because I’m as tough as he is, I’m...

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Trump told Gary Cohn to ‘print money’ to lower the national debt – Cohn was “astounded at Trump’s lack of basic understanding,” Woodward writes.

“Just run the presses — print money,” Trump said, according to Woodward, during a discussion on the national debt with Gary Cohn, former director of the White House National Economic Council. Cohn was “astounded at Trump’s lack of basic understanding,” Woodward writes. Cohn pushed back on the book’s claims Tuesday,...

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U.S. to move ahead with Mexico trade pact, keep talking to Canada

President Trump notified Congress of his intent to sign a trade agreement with Mexico after talks with Canada broke up with no immediate deal to revamp NAFTA.  Breakingviews: Delaying NAFTA deal is a win  Dispute resolution in focus as NAFTA talks dra Julie Gordon, Sharay Angulo, Allison Martell WASHINGTON/TORONTO (Reuters) – Contentious...

Soybean farmer Raymond Schexnayder Jr. overlooks his farm outside Baton Rouge, in Erwinville, Louisiana, July 9, 2018. 0

Trump is giving farmers a $6 billion bailout so they can weather his trade war: IT IS SOCIALISM!!!

The U.S. Department of Agriculture said Monday that initial aid in its emergency plan to help farmers impacted by retaliatory tariffs will consist of about $4.7 billion in payments. The federal government also said it plans to purchase up to $1.2 billion in certain “commodities unfairly targeted by unjustified retaliation.”...

President Donald Trump tweeted Monday that a new trade deal with Mexico was 'looking good' – and planned to make an immediate announcement on trade Monday. The two sides have been negotiating for months, while talks continued with Canada. The president imposed tariffs on steel and aluminum which angered allies and raised pressure for a new deal. 0

Trump reveals a deal has been reached with Mexico, calling it ‘a big day for trade’ as he puts President Peña Nieto on Oval Office speakerphone – but it won’t be called NAFTA because the name has a ‘bad connotation’ as a ‘rip-off’ for the US

Trump tweeted Monday: ‘A big deal looking good with Mexico!’ The president imposed tariffs on steel and aluminum which angered allies and raised pressure for a new deal The Dow Jones Industrial average immediately jumped 200 points on the news   Trump campaigned on tossing the existing NAFTA agreement and trying...