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Economy

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Oct 01

Watch 5:36
The new U.S.-Mexico-Canada deal offers modest changes. Will it help the economy?

President Trump made renegotiating NAFTA a priority of his administration. What's really in the new United States-Mexico-Canada Agreement and what does it mean for the U.S. economy? Amna Nawaz learns more from Edward Alden of the Council on Foreign Relations.

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Sep 26

Watch 4:00
News Wrap: Fed raises interest rate, warns against drawn-out trade war

In our news wrap Wednesday, the Federal Reserve raised a key short-term interest rate for the third time this year, to 2.25 percent. Fed chairman Jerome Powell also said that "widespread tariffs that remain in place for a long time"…

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Sep 26

Citing strong economy, Fed raises rates for third time this year

By Martin Crutsinger, Associated Press

Many economists worry, though, that Trump's combative trade policies could slow the economy.

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Sep 25

3 things to watch with the Federal Reserve poised to raise interest rates

By Martin Crutsinger, Associated Press

The Federal Reserve is expected to raise interest rates Wednesday, but economists will also be watching for a signal that another hike is likely before the end of the year.

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Sep 13

Watch 8:11
How the 2008 financial crisis crashed the economy and changed the world

By Paul Solman

Ten years ago this week, the collapse of Lehman Brothers became the signal event of the 2008 financial crisis. Its effects and the recession that followed, on income, wealth, disparity and politics are still with us. Economics correspondent Paul Solman…

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Sep 13

The surprises behind this week’s big economic headlines

By Paul Solman

Inflation is rising, according Bureau of Labor Statistics data, but other reports show wages are barely keeping pace.

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Sep 11

AP fact check: Are Trump policies boosting the U.S. economy?

By Christopher Rugaber, Associated Press

White House economic adviser Kevin Hassett on Monday rebutted Obama's claim that his policies put the economy on a growth path that is now benefitting Trump.

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Sep 10

One survey shows jobs added, another fewer Americans employed. How can that be?

By Paul Solman

While one survey showed 201,000 jobs added in August, other government data recorded 423,000 fewer Americans “employed.” How can that be?…

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Sep 10

AP fact check: Has Trump made Medicare and Social Security stronger?

By Hope Yen, Associated Press

Eager to dismiss his critics, President Donald Trump is fabricating the circumstances regarding jobs, the economy and the social safety net. Here's a look at his recent rhetoric and how it compares with reality.

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Sep 07

Why wages are on the rise and other important numbers from the August jobs report

By Gretchen Frazee

The economy added 201,000 jobs in August, and the national unemployment rate remained at 3.9 percent.

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