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Paul’s Recent Stories

Economy Dec 09

U.S. job openings stayed level at just below 7.7 million in October

The Job Openings and Labor Turnover Survey (JOLTS) also showed that the layoffs rose and number of people quitting their jobs — a sign of confidence in the labor market — fell in October.

Economy Dec 03

Costco becomes biggest company demanding refunds on Trump tariffs

Costco is joining other companies that aren’t waiting to see whether the Supreme Court strikes down President Donald Trump’s most sweeping import taxes.

Economy Dec 02

Global economy projected to grow 3.2% this year, more than expected despite U.S. trade war

The OECD also raised its forecast for U.S. growth this year – to 2%, up from the 1.6% it had forecast in June.

Economy Nov 20

Delayed jobs report shows U.S. employers added a surprisingly solid number of jobs in September

U.S. employers added 119,000 jobs in September, the government said, issuing a key economic report that had been delayed for seven weeks by the federal government shutdown.

Economy Nov 19

U.S. trade deficit dropped nearly 24% in August as Trump’s tariffs reduce imports

In a report delayed for more than seven weeks by the federal government shutdown, the Commerce Department said Wednesday that the the gap between what the United States buys from other countries and what it sells them fell to $59.6 billion in…

Economy Nov 19

Labor Department won’t release full October jobs report due to 43-day shutdown

The Labor Department said Wednesday that it will not be releasing a full jobs report for October because the 43-day federal government shutdown meant it couldn't calculate the unemployment rate and some other key numbers.

Economy Oct 02

Shutdowns usually don’t do much economic damage, but there are reasons to worry this time

Trump's massive layoff threat and the precarious state of the American economy raise the odds of longer-lasting damage.

Nation Oct 02

Vital economic data, including Friday’s jobs report, cut off in government shutdown

The government shutdown that began Wednesday will deprive policymakers and investors of economic data vital to their decision-making at a time of unusual uncertainty about the direction of the U.S. economy.

Economy Sep 30

U.S. job openings in August were essentially unchanged amid economic uncertainty

Job openings remain at healthy levels but have fallen steadily since peaking at a record 12.1 million in March 2022 as the U.S. economy roared back from COVID-19 lockdowns.

Nation Sep 29

Trump takes tariff war to the movies by announcing 100% tax on foreign-made films

Claiming that movie production “has been stolen’’ from Hollywood and the U.S., Trump posted said he would be imposed the 100% tariff on “any and all movies” made outside of the U.S.

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