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Economy

United States Treasury Designates China as a Currency Manipulator

The United States Department of the Treasury has designated China as a currency manipulator. Countries are designated as a currency manipulator when they “manipulate...
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Federal Reserve Chairman Jerome Powell Says Economy Remains Strong, Announces Interest Rate Cut

Federal Reserve Chairman Jerome Powell announced today there will be an interest rate cut as they “lower the target range for the federal funds rate”...
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GDP Increased 2.1 Percent in Second Quarter, While Exports Decreased and Imports Increased.

The Bureau of Economic Analysis (BEA) released the second quarter Gross Domestic Product (GDP) numbers estimating the GDP increased 2.1 percent for the period....
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US Adds 224,000 Jobs, Beating Expectations

The Bureau of Labor Statistics announced today the United States added 224,000 jobs in the month of June. Economists initially expected a much fewer...
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Federal Reserve Chairman Jerome Powell Says Economy is “Strong”, Keeps Interest Rates Fixed

Today June 19, 2019 Chairman of the Federal Reserve Jerome Powell gave a speech on the state of the United States economy, and discussed...
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Unemployment Falls to Lowest Levels Since 1969

Today, May 3, 2019 the Bureau of Labor Statistic released the latest unemployment rate numbers, revealing the rate declined to 3.6% (1). This new...
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