Archive for October 6th, 2017

The 83-month-long streak of payroll employment gains appears to have been broken in September.

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President Trumps new CEA chair, Kevin Hassett, walked into the lions den last week with his first official speech. He used the moment to pound the leftist Tax Policy Center (TPC). It was a wonderful sight.
When Hassett wasnt pounding the TPC, he was spanking them. He took them to the woodshed, and disciplined them in public view.
Hassett rightfully accused the TPC for ignoring widely accepted economic literature, for using false assumptions on tax details that have never been published, and for manufacturing income-redistribution (tax cuts for the rich) and deficit numbers that…

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In the fall of 1889, when he was 41 years old, the painter Paul Gauguin was brutally, furiously alone. Famous now for his saturated, almost hallucinatory paintings of life in Tahiti, at the time he was living in Brittany, still two years away from his first visit to French Polynesia. He was penniless and adrift, trying to paint his way through the devastations of his dying marriage, his rejection by the cliques of the Parisian art establishment,…

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Data shows the next recession is 6 to 18 months away. Here's how to decrease the chances you'll be a layoff victim.

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As a housing shortage in the Bay Area drives prices sky-high, homebuyers are looking at a micro-hood — called Serra — located between Google and Apple.

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“They're fighting both real and imaginary enemies.” When Congressional Republicans tried to repeal Obamacare, Mitch McConnell compared the challenge to solving a Rubik’s cube — and he ended up stumped. 

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<p></p><p>U.S. stocks traded mostly lower on Friday after data showed the labor market experienced its first contraction in seven years.</p>

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The downturn wiped out jobs that haven’t come back, a worrying sign for future recessions. But economists aren’t certain even a strong economy will solve the problem.

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The credit reporting bureau collects decades of data on Americans, then sells that information to lenders for billions each year

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The US economy lost 33,000 jobs in September, according to the Bureau of Labor Statistics.

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A group of HSBC Holdings Plc currency traders in London and New York feverishly jumped ahead of a $3.5 billion client order after they were tipped off using the code words "my watch is off," a U.S. prosecutor told a federal judge.

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The Bureau is cracking down on ‘payday debt traps.’

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