Economy

Would China Really Embargo Exports of Rare Earth Metals From US Manufacturers?

Earlier this week, Chinese President Xi Jinping's visit to a factory in Jiangxi Province that makes magnets from rare earth elements led many observers to view the walk-through as a ...
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IMF States the Obvious: US Importers to Bear Weight of Tariffs

As most economists and observers have said since the first Trump tariffs were imposed last August, the International Monetary Fund (IMF) repeated in a Thursday blog post: "Consumers in the ...
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This Is the Fastest Growing City in America

The U.S. Census Bureau has issued its new populations of cities and towns data, which covers the period that ended in the middle of last year. The report also shows ...
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Five of the Largest Cities in America Are in Just One State – And It’s Not California

New Census data released Thursday shows that New York is still America's largest city, but among the biggest cities in the United States, five are in Texas. Two of these ...
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Where Does the US Go to Manufacture Goods After China?

China has by far the largest manufacturing economy in the world. It is followed by the United States. For companies that want to flee China because of tariff wars, the ...
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Employees in These Cities to Take the Most Vacation Days This Summer

With Memorial Day coming at the end of this week, and the official start of summer a month away, American workers have begun to make vacation plans, if they have ...
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US Businesses Paid Less Than 8% of Federal Income Tax Collections Last Year

The U.S. Internal Revenue Service (IRS) on Monday released its fiscal year 2018 Data Book (October 1, 2017, through September 30, 2018). U.S. taxpayers paid a total of $3.465 trillion ...
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Fed Index Points to Slower Growth in April

Investors overlook the monthly Chicago Fed National Activity Index (CFNAI) readings because it is one of the reports prepared by one regional branch of the Federal Reserve, but it is ...
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China Says the US Did Not Drive Its Growth

Many economists who analyze global GDP trends would argue strongly that the U.S. is largely responsible for China's growth in recent decades. America has turned to China's massive and inexpensive ...
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Consumer Sentiment Rises Strongly Ahead of Tariff Fears

If you listened to certain factions of mainstream media, the tariffs against China might have you fearing that a full-blown recession is coming on the back of an all-out trade ...
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China Lowering US Treasury Debt Holdings Brings More Risk to China Than US

The belief has become widespread that trade wars, particularly deep and long-lasting ones, result in no winners. The United States and China are now involved in the beginnings of a trade ...
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Weak Retail Sales May Sour GDP Growth Targets for the Second Quarter of 2019

Retail sales are often volatile on a monthly reporting basis, and the markets are getting to deal with a fresh round of negative news when it comes to the consumer ...
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Parrots Escape Humans, Live in the Wild in 23 States

Domesticated parrots are escaping their owners. The trend is so widespread that parrots live in the wild in many parts of the United States. A researcher at the University of ...
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Small Business Optimism Perks Up Strong US Economy

The National Federation of Independent Business (NFIB) Tuesday morning reported that its small business optimism index increased from 101.8 in March to 103.5 in April. Last August, the index reading ...
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These Are the States With Most to Lose in China Trade War

How big is the trade war between China and the United States? The Washington Post reports the current tariffs, along with those the White House has mentioned as being imposed ...
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