Archive for September, 2019

If the United States slips into a recession, as many economists fear it will sometime next year, the problems plaguing retail could get far worse. Store closings could accelerate and layoffs in the sector — a major provider of American jobs — could spread.

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<p>Since the start of the new century, companies have moved millions of office jobs to India, the Philippines and other places where they could pay workers less. But those job losses were more than balanced by growth elsewhere in the economy.</p>

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<p>Since the start of the new century, companies have moved millions of office jobs to India, the Philippines and other places where they could pay workers less. But those job losses were more than balanced by growth elsewhere in the economy.</p>

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An analysis by East Lansing-based consultant Anderson Economic Group estimated that the UAW strike was costing GM $25 million a day.

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CNBC calculated the amount you need to earn annually in order to save $1 million and retire at 65 by putting 15% of your earnings into investments.

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The Federal Reserve is likely to face more pressure from President Trump to cut interest rates. But the Fed could find itself with a thornier problem than angry tweets. A slowing economy and rising prices could make the Fed's job a lot more difficult.

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The warning comes two weeks after a drone and missile attack on Saudi Arabia's oil facilities that Riyadh and Washington blame on Iran.

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The U.S. shale boom is slowing, as technology advances that helped unlock record amounts of oil and gas have begun to level off and productivity of even new wells begins to slow.

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The state, home to Airbus and Mercedes and a busy port, would suffer from new tariffs.

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China says companies facing many difficulties due to trade frictions

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A U.S. Treasury official said there are no current plans to stop Chinese companies from listing on U.S. exchanges, a day after a report that the Trump administration is discussing ways to limit U.S. investors’ portfolio flows into China.

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Is the White House’s reported plan to restrict U.S and Chinese investment a negotiating ploy in Trump’s efforts to get a trade deal or a symptom of a multi-year struggle between China as a new superpower and America’s determination to maintain control of the international economic order it helped create after World War Two ?

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One wanted to “elevate the world’s consciousness.” Another aspired to “make a bigger difference around the world.” A third, speaking of climate change, said, “We owe it to our children to find the right answers.”&nbsp;

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A new paper argues that, actually, winning the lottery totally does make you happy.

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Don't let your financial support of your adult kids ruin Your retirement

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