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updated Thu. January 18, 2018

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Tokyo, Jan. 18 (Xinhua) -- The U.S. dollar stayed in the lower 111 yen zone Thursday in Tokyo while rises on optimism over the U.S. economy were capped by the weak Japanese stocks. At 5:00 p.m., the dollar was quoted at 111.23-25 yen compared with 111.22-32 yen in New York and 110.76-77 yen in ...
Apple CEO Tim Cook opened up to ABC News after the company announced earlier today that it will be investing $350 billion in the U.S. economy over the next five years, creating more than 20,000 jobs. In a news release, the company also said it would make a $38 billion tax payment to the U.S. as ...
Apple earlier today said it plans to inject more than $350 billion into the U.S. economy over the next five years by focusing on three specific areas: direct ... Cupertino, California -- Apple today announced a new set of investments to build on its commitment to support the American economy and its workforce ...
The U.S. economy and inflation expanded at a modest-to-moderate pace from late November through the end of 2017, while wages continued to push higher, the Federal Reserve said on Wednesday. "Most districts said that wages increased at a modest pace," the U.S. central bank said in its periodic ...
Apple has announced that it will be contributing $350 billion into the US economy over the next five years, combining both new investments and its existing spending with domestic companies for supply and manufacturing. According to the company's press release, the investments will concentrate on three ...

I don't know what to wear on Crunch Report (It's a hard decision and I suck at dressing myself). If you are a startup and want to me to wear something mail me an XL T-shirt and I'll wear it in an episode. I'm not going to mention the company on the shirt in the episode but it will be there. No offensive stuff, it's ...
The modern wave of immigration to America is one of the great human dramas in our history. New York, Miami, Los Angeles, Minneapolis and other major metropolitan areas have become immigrant capitals. More than 40 million immigrants live in the United States. That's about 13 percent of the total ...
Pulling out of NAFTA would result in a "sharp," short-term shock to the U.S. economy, though the long-term impact would "likely be mild," a new analysis says. "The brunt of the shock would be felt in 2019, with real GDP growing a modest 1.5% (compared to growth of 2.0% in our baseline forecast)," states a ...
But how has the giant US economy performed under President Trump's "protection"? .... he starts to deliver on his protectionist promises over the next few years, he could still do grave damage to the integrity of the liberal global trade system which, again, will ultimately be harmful to the American economy.
Bob Wright on US economy: 2018 will be the most outstanding year since 1996. By Matthew ... The U.S. economy expanded more than 3% during the second and third quarter of 2017, with the Federal Reserve bank of Atlanta's GDPNow model predicting 3.4% growth in the fourth quarter. On top of that, ...
The Motion Picture Association Of America released economic figures today culled from an analysis of data from the Bureau of Labor Statistics 2016 report -- only made available in late 2017 -- which shows that the American film and TV industry accounted for supporting 2.1 million jobs and 400,000 local ...
His uneducated opinion on immigration will hurt the U.S. economy. We need immigrants to meet our workforce needs, according to federal data collated by Houston commentator and mayoral candidate Bill King. U.S. birth rates have plummeted, and the population is getting older, which as Japan has ...
analysts at Nomura explained that they expect fiscal policy, financial conditions, and a firming global outlook to support strong US economic growth of 2.7% in 2018. Key Quotes: "Recent positive supply-side trends suggest that potential growth has increased modestly." "Nonetheless, we expect strong ...
Strong US economy foils Chinese efforts to narrow trade gap. Surplus hits record as consumption-driven ... But these efforts were outweighed by a continued rise in exports as a healthy American economy encouraged consumers to open their wallets. Chinese electronics exports to the U.S. rose 14% in the ...
(CN) - Asthma-related medical expenses, missed school and work and deaths cost the U.S. economy more than $80 billion each year, according to a new study by the U.S. Centers for Disease Control and Prevention. The report, published Friday in the journal Annals of the American Thoracic Society, ...
US economic growth picked up last year and that could continue into 2018 if tax cuts enacted into law last month spur business investment and consumer spending, as many forecasters expect. But Economists who study the long-run outlook -- many of whom gathered at the weekend for the annual meeting ...

The GOP tax cut is about two weeks old, and already we are seeing signs that it's working. Americans for Tax Reform has found 117 companies that have given more than a million employees bonuses because their corporate tax rates have gone from 35 percent to 21 percent. That amounts to the opposite ...
Stocks hit record highs on Monday as investors remained optimistic on the U.S. economy. The major indexes, however, traded little changed for the session. The Dow Jones industrial average traded 8 points higher and hit an intraday record of 25,311.99. The S&P 500 traded 0.1 percent higher after ...
The unemployment rate remained at 4.1 percent. But there is some wage growth, and the stock market has hit record highs. As 2018 gets underway, there isn't a general fear of a slowdown or a recession -- at least not right around the corner. To dig more deeply into where the overall U.S. economy is Jim ...
With tax cuts now a done deal, Republicans are turning to regulatory reform to give economic growth a further boost. There, they may find more bipartisan support. Past reforms of airlines, rail, and trucking regulation were, after all, set in motion by Democrats. Today there is significant Democratic support for ...
Punitive zoning regulations and building codes imposed by liberal mayors to appease urban elites in New York, San Francisco and similarly tony locales have made new home construction too costly and big city rents unaffordable. Meanwhile, lower gas prices and more durable motor vehicles are making ...
For the moment, he can certainly crow about the US economy, even though the momentum that returned to economic growth during 2017 happened regardless of his Administration. Economic growth picked up to a little over 3 per cent per annum in the spring, and stayed there through the summer. By the ...
investment adviser Mark Grywachski is joining us on Good Morning Quad Cities to provide insight on the U.S. economy as we begin in 2018. Click here to watch his segment, "Your money" live on air. Right now Mark says the U.S. is entering into it's 9th straight year of economic growth, though he notes that ...
The Federal Reserve should raise interest rates three times this year given the already strong economy will get a boost from tax cuts, and can tighten more or less aggressively if needed, a key U.S. rate-setter said on Saturday. In an interview, San Francisco Fed President John Williams painted a benign ...
The U.S. economy added 2 million jobs in 2017, another solid year of gains. In December, the economy added 148,000 jobs, according to Labor Department figures released Friday. That was below what Economists expected, but still the 87th straight month of gains -- the longest streak on record. Powered ...
The U.S. economy is looking good heading into 2018. (Spencer Platt/Getty Images). By Andrew Soergel, economy reporter | Dec. 29, 2017, at 6:00 a.m.. The American economy is firing on all cylinders heading into 2018, as employment, stock and consumer confidence numbers look the best they have in years - in some ...
As the following chart shows, the difference between the two-year Treasury yield and the 10-year hit 50 basis points in January. (See "Goldman Sees Crypto, Credit Shadowing Robust 2018 U.S. economy.") The 2/10-spread shrank by more than 80 basis points in 2017. With four Fed rate hikes (most likely ...
Despite the gloomy forecasts of some fiscal analysts in recent years, Warren Buffett predicts Americans will enjoy economic prosperity for generations to come. In an editorial for Time, Buffett outlines an argument for why he believes annual GDP growth of 2 percent, the rough average of recent years, will ...
New York Federal Reserve President William Dudley is worried new tax cuts could risk overheating the U.S. economy in the next few years. Economic prospects in 2018 are looking "reasonably bright," Dudley said in a speech to the Securities and financial markets Association on Thursday. He expects ...
Separately, an analyst at Deutsche Bank aid there was "an elevated probability that the U.S. economy will enter a recession in 2020," citing the risk of slowing revenue and earnings growth, as well as Federal Reserve policy. Morgan Stanley, also citing "decelerating growth," recently wrote that there were ...
The U.S. economy is looking good heading into 2018. (Spencer Platt/Getty Images). By Andrew Soergel, economy reporter | Dec. 29, 2017, at 6:00 a.m.. The American economy is firing on all cylinders heading into 2018, as employment, stock and consumer confidence numbers look the best they have in years - in some ...
Regional manufacturing reports are seeing another strong month for the US economy while hinting at an ISM index above 58.5 points in December. This would be another strong print and a clear indication that growth is here to stay in the near future instead of turning into a fresh growth slowing cycle.
Linette Lopez of Business Insider and Sudeep Reddy of Politico join us to break down this week's economic and business news. We're already seeing the effects of the tax bill the first week after it was passed. We take a look at companies like Goldman Sachs and Citigroup that are taking earnings hits, and ...
Breathe easier, America. This New Year, the economy hits the ground running. This isn't the surge-and-slip recovery we've gotten used to since the Great Recession. We've got low unemployment, low inflation and low interest rates. We've got high growth, high stock prices and high confidence. Economic ...
As China ramps up its military, manufacturing, construction and population, the country is projected to usurp the United States as the world's top economy by 2030. The United States will remain the world's second largest economic powerhouse, followed by India and Japan in the next 15 years, according to ...
The U.S. economy is like an aircraft carrier or supertanker: Once it's steaming in a certain direction, it takes a while to change course. That suggests today's momentum will continue in the coming year, even though the economic expansion already is the third-longest on record. Here are some predictions for ...
We remain optimistic on most all stock markets including the US as global growth is accelerating, inflation remains tame and interest rates are low. The yield curve will steepen in 2018 but stay contained as inflationary expectations stay muted. Global growth and acceleration in earnings will be the key ...
The U.S. economy will be front and center today as the commerce Department unveils its final estimate of third quarter growth. The official GDP report is scheduled for release at 8:30 a.m. ET and is expected to show an unchanged 3.3% annualized rate - the fastest pace of expansion since 2014. consumer ...
In this July 12, 2017, photo, construction workers build a residential complex in Nashville, Tenn. The U.S. economy grew at a 3.2 percent annual rate from July through September, slightly slower than previously estimated but still enough to give the country the best back-to-back quarterly growth rates in ...
In fact, these changes represent some of the most radical technological disruptions we've ever witnessed in the American economy. At Worm capital, we continue to view disruption as the key to opportunity. This is where we have found the greatest potential for asset mispricing, outsized winners and losers, ...
Does America really need another tax cut to boost the economy? President Trump and many Republicans in Congress think so. But if you look at the latest economic data, it looks like consumers are doing just fine. Retail sales rose 0.8% in November, much better than expected. Average Americans clearly ...
The president and CEO of The Perryman Group offered an enthusiastic take on the national economy during an Athens Chamber of Commerce luncheon on Wednesday. "What you hear a lot these days is that they've got all these problems around Europe and that's really messing up the economy," Dr. Ray ...
Josh Cummings, research analyst and consumer Sector Lead, provides an update on the holiday sales season thus far. He explains that sales have been better than expected to-date, even for brick-and-mortar retailers. He also explores the continuing trend toward on-line sales, underscoring the ...
Presidents have limited control over the U.S. economy. Trump says he's cut regulations, and he has named a new chairman to take over the Federal Reserve, among other economic appointments. He is also pushing tax legislation that he says will stimulate growth. Still, the New York Times reported in ...
Negotiations to modernize the North American Free Trade Agreement (NAFTA) are a chance to boost the competitiveness of U.S. companies in Canada and Mexico and solidify the preeminent role U.S. refiners and petrochemicals producers play in enabling global transportation and manufacturing. A smart ...
The survey, which is conducted every two years, shows that Indian companies are not only contributing to the US economy, but also investing in Americans across all 50 states, Washington, DC, and Puerto Rico. One hundred companies with origins in India responded to the survey and collectively reported ...
A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Wednesday, Dec. 6, 2017. Shares in Asia fell Wednesday after another afternoon fizzle for stocks that left the Standard & Poor's 500 index with its third straight loss. (AP Photo/Eugene Hoshiko)more +.
Thomasine F-R. If everyone who reads our reporting, who likes it, helps fund it, our future would be much more secure. For as little as $1, you can support the Guardian - and it only takes a minute. Thank you. Support the Guardian. Paypal and credit card. Topics. Elizabeth Warren · Opinion · US economy ...
Obama pointed out that after his administration took steps to cut carbon emissions and signed on to the Paris climate accord "we saw the U.S. economy grow consistently." "We saw the longest streak of job creation in American history by far," Obama said during his speech at the North American Climate ...


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