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Economy

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Oct 17

‘He lied.’ Ohio voters struggle after Trump promised jobs

By Daniel Bush

Trump’s economic promises helped him carry Ohio in 2016. But as voters in this critical swing state state turn their attention to the 2020 election, many say they’re increasingly frustrated with Trump’s record on economic issues.

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Oct 04

Watch 5:21
News Wrap: U.S. adds 136,000 jobs as unemployment hits new 50-year low

In our news wrap Friday, the Labor Department reports employers added a net 136,000 jobs in September and the unemployment rate fell to 3.5 percent--a new 50-year low. But factories shed 2,000 jobs amid fears the manufacturing sector is now…

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Sep 28

Watch 11:41
Impact of U.S.-China trade war felt in both countries

By Nick Schifrin, Katrina Yu, Dan Sagalyn

For decades, the world's two largest economies — the U.S. and China — have been integrated. But the Trump administration is now trying to undo that, as an escalating trade war impacts consumers and businesses in both countries. NewsHour's Nick…

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Sep 19

Watch 7:55
Why extreme climate scenarios no longer seem so unlikely

By Paul Solman

The United Nations has called climate change the “defining issue of our time.” But new analyses suggest the planet’s temperature will rise by even more than the UN had estimated -- and that warming creates ever-increasing energy consumption due to…

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Sep 18

Watch 7:31
What Fed’s 2nd interest rate cut in 3 months says about the U.S. economy

The Federal Reserve has cut interest rates for the second time in three months in a bid to keep the U.S. economy growing. What indicators are driving the recent rate reductions, and what is the larger influence of economists on…

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Sep 04

New French tax turns Trump and tech giants into strange bedfellows

By Courtney Vinopal

What does French rosé have in common with American software? Both are wrapped up in a brewing trade scuffle between the U.S. and France, which has spawned an unlikely alliance between the Trump administration and major American tech giants.

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Aug 27

U.S. consumer confidence dips slightly in August

By Martin Crutsinger, Associated Press

The Conference Board, a business research group, said Tuesday that its consumer confidence index edged down to 135.1 in August, slightly below a July reading of 135.8, which had been the highest since November.

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Aug 23

2020 Democrats try to criticize Trump without cheering on a recession

By Julie Pace, Associated Press

In town halls and speeches across the country this week, candidates leveled blame on Trump, arguing that his aggressive and unpredictable tariff policies were prompting gloomy economic forecasts.

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Aug 21

U.S. deficit expected to exceed $1 trillion next year

By Kevin Freking, Associated Press

The first projections are the first to take into account the big budget deal that President Donald Trump and Congress reached this summer.

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Jul 11

U.S. budget deficit jumps 23 percent this fiscal year

By Martin Crutsinger, Associated Press

The surge in deficits reflects a variety of factors including a $1.5 trillion tax cut President Donald Trump pushed through Congress in late 2017 and billions of dollars in extra spending Congress approved in early 2018.

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