Robotics Revolution Rolls On: Amazon Now Using Robots to Pack Shipping Boxes
In busy warehouses serving Seattle, Frankfurt, Milan, Amsterdam, and Manchester, Amazon is taking the tiring work employees were doing and giving it to...
Economy
Despite Trump’s Tariffs, Chinese Trade Official to Visit United States
Despite President Trump's promise of increased tariffs on Chinese imports, China's top trade official will visit the United States. ...
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Fed Fears Rising Corporate Debt, Ignores Rising Federal Debt
For the second time in six months the Federal Reserve has issued a warning about excessive corporate debt. But nothing was said about...
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Labor Department: Job Growth in April Blew Away Expectations at 263,000
The BLS confirmed what the ADP reported on Wednesday: The U.S. economy continues its remarkable rebound, setting records along the way. ...
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U.S. Job Growth Exceeds Estimates: 275,000 New Jobs Created in April
According to ADP and Moody’s, the economy added 275,000 new jobs in April, once again confounding those pessimistic forecasters. ...
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Economy Trips Up Forecasters Again, Grows at 3.2 Percent First Quarter
As recently as March, many were saying that the U.S. economy for all intents and purposes had stalled in the first quarter of...
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Latest Jobs Report Shows Economy at Cruising Altitude and Speed
It has taken two years to return the economy to full throttle, and its beneficiaries are now settling in for the rest of...
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Retail Chains Closing More Stores as Sales Shift to E-commerce
Retail businesses lead all sectors in job cuts; 41,201 employees have lost jobs through February — 92 percent higher than the 21,484 job...
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Negative Impact of USMCA on U.S. Cattle Industry Predicted
When it comes to the beef industry — and the pork industry — USMCA is just NAFTA re-branded, and NAFTA was disastrous to the U.S....
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Repatriation of Overseas Profits Surged in 2018, Bodes Well for Strong 2019
Once again, economic forecasters are embarrassed. The economy is not enjoying a temporary “sugar high” from Trump’s tax reform, but is just beginning...
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Jumps in Durable-goods Orders & Business Investment Confound Forecasters Again
Two measures of the U.S. economy were reported on Wednesday, both of which exceeded forecasters’ expectations. ...
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United States Soon to Pass Saudi Arabia in Oil Exports
Thanks to fracking and an increase in pipeline capacity, United States will surpass Saudi Arabia later this year in exports of oil and...
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U.S. Economy Adds New Jobs for 101 Straight Months
A single new job in the economy has a multiplier or ripple effect. Multiplied by hundreds, thousands, and millions, it's no wonder the...
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Commerce Department: Economy Grew 2.9 Percent Last Year, Likely to Accelerate in 2019
According to the Commerce Department, the U.S. economy grew by 2.9 percent last year. According to some experts, the true economic growth is...
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Consumer Confidence Up, Food Stamp Use Down in Trump Economy
Consumer sentiment exceeds expectations, and food stamp use is down in the Trump economy. ...
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