ECONOMY

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Dec 16 2024POLITICS

Trump's Balancing Act: Unions vs. Tax Cuts

President-elect Donald Trump, known for his blue-collar appeal, faces a tricky task ahead: how to govern with a broad coalition that includes both business elites and union workers. Two main challenges are already on the table. The first is tax reform, with Congress planning to cut taxes even furthe

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Dec 15 2024POLITICS

China's Friendship Offer Ahead of Trump's Inauguration

This week, President Xi Jinping of China indicated that Beijing is ready to work with the incoming U. S. President, Donald Trump, to resolve trade disputes. In a letter to a U. S. -China business council, Xi underlined the importance of choosing dialogue over conflicts and cooperation over competiti

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Dec 14 2024POLITICS

Elon Musk: A Fresh Voice in Trump's Populism

Elon Musk, a dynamic businessman, has become a key adviser to President Trump, despite it being a side project for him. Unlike most of us, who have hobbies, Musk is influencing the future of the U. S. government. This isn't trivial; it's significant. His involvement brings a unique perspective to Tr

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Dec 14 2024BUSINESS

China's Sports Boom: More Than Just Games

Sports are a big deal worldwide, and China is no exception. Its sports industry is growing fast, with predictions it'll reach an astonishing $776 billion by 2025. What's driving this growth? Well, the Chinese government is investing heavily in sports infrastructure. They're building stadiums and tra

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Dec 13 2024POLITICS

Holiday Spending: A Mirror of Economic Hopes and Fears

This holiday season, Americans are not just buying gifts—they're casting votes on the economy with their wallets. The University of Michigan's Surveys of Consumers, directed by economist Joanne Hsu, has been tracking consumer sentiment for over 75 years. This trusted index shows that how people feel

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Dec 12 2024BUSINESS

Nissan's Big Shakeup: New Faces, New Strategies

Japanese car maker Nissan has given its management team a big shakeup. Jeremie Papin, who was in charge of Nissan's U. S. operations, is now the new chief financial officer. This change comes after Nissan had a tough quarter, losing money and seeing sales drop. Papin has a lot of experience, which N

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Dec 11 2024POLITICS

Why Trump's Trade and Immigration Policies Might Spoil Your Avocado Toast

Ever thought about what would happen if your favorite avocado toast became a luxury item? It's not just a far-fetched idea anymore. President Trump's trade and immigration policies could make that a reality. Back in 2018, when the U. S. slapped tariffs on several countries, they hit back. This raise

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Dec 09 2024BUSINESS

California's Top Counties Power the US Economy

Did you know that ten counties in California generate more economic activity than some entire countries? A recent report shows that these counties are no joke when it comes to business. Los Angeles leads the pack, producing goods and services worth about the same as Switzerland's entire economy. Tha

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Dec 07 2024BUSINESS

Texas Tech Firms Score Big in Semiconductor Investments

Lately, two North Texas tech companies have managed to secure a substantial amount of funding. They've bagged over $80 million collectively, thanks to the CHIPS and Science Act. This act aims to boost the semiconductor industry, which is crucial for national security and economy. The funding comes j

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Dec 07 2024BUSINESS

November Job Report: A Mixed Bag for Workers and Economists

In November, the job market bounced back with 227, 000 new jobs outside the farming sector, a big leap from the revised October figure of 36, 000. This rebound was driven by a drop in labor strikes and severe weather in the Southeast. Healthcare, leisure and hospitality, and government jobs led the

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