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Tag Archives: economy

A vampire called Goldman Sachs

A vampire called Goldman Sachs

The upper class in America, with a dominant role in the economy and government, originated in big companies and major banks such as the Goldman Sachs. The upper-class communities play ...

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Senate GOP tax bill would hurt the poor

Senate GOP tax bill would hurt the poor

Poor Americans would lose billions of dollars worth of federal benefits under the Senate GOP tax bill, according to a new Congressional Budget Office report. This is largely because the ...

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Trump: U.S. economy is booming

Trump: U.S. economy is booming

The US economy is booming, despite the ongoing investigation of the “Russian trace”, US President Donald Trump wrote on his Twitter page on Twitter. “From the first day that I ...

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Economists doubt about Trump’s growth target

Economists doubt about Trump’s growth target

The pace of U.S. economic growth will stay stuck in the low 2% range in 2017 and 2018, far slower than the 3% pace President Trump has been targeting, according ...

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Chinese National Congress meeting will matter for US markets

Chinese National Congress meeting will matter for US markets

The Chinese National Congress is set to meet in mid-October, and some predict the session will have wide-reaching implications for global markets and the economy. Discussions around the growth of ...

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US could end up crippling largest banks in the world as it takes on NK

US could end up crippling largest banks in the world as it takes on NK

As the U.S. mulls its next move against North Korea, some have suggested that sanctioning the major Chinese banks could be the most effective way to pressure the rogue nation into halting its ...

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Trump’s growth problem: jobs boost masks trouble ahead for US economy

Trump, problem, jobs, boost, US, economy

June shone a little brighter for Donald Trump’s plans to Make America Great Again. After several months of disappointing jobs growth, US hiring picked up steam again. But beneath the ...

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Fed raises interest rates again in further sign of confidence in US economy

The US Federal Reserve announced it was raising short-term interest rates by a quarter percentage point on Wednesday as the central bank continued to unwind the huge economic stimulus plan ...

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OECD: outlook for global economy is ‘better, but not good enough’

OECD, outlook, global, economy

Rising inflation and weak wage growth will leave Britain rooted to the bottom of the league table for living standards among the west’s richest countries in 2018, the Organisation for ...

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Austerity has strangled the British economy. Only Labour gets this

The choice facing the voters in this election is clear – between more failed austerity or a Labour party advancing an economic agenda that is right for the UK. To ...

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