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[ad_1] President-elect Donald J. Trump won the White House based partly on his promises to rein in immigration, with targeted policies that range from sending criminals to their home countries to more sweeping ones like mass deportations. During the campaign, Trump pledged to end the Temporary Protected Status that allows workers from select countries to come…
[ad_1] A worker is working at an auto gear manufacturing enterprise in Qingzhou Economic Development Zone, Shandong, March 31, 2024. Future Publishing | Future Publishing | Getty Images China’s manufacturing activity expanded for the first time in six months in March, an official factory survey showed on Sunday, offering relief to policymakers even as a…
[ad_1] People walk along Waterloo Bridge past the City of London skyline, the capital’s financial district, on a sunny and mild day. Sopa Images | Lightrocket | Getty Images LONDON — U.K. gross domestic product grew 0.2% in January, the Office for National Statistics said Wednesday, as construction output jumped unexpectedly. The headline figure was…
[ad_1] A FedEx plane lands at Shanghai Pudong International Airport in Shanghai on April 27, 2023. Vcg | Visual China Group | Getty Images FedEx shares tumbled 8% in after-hours trading Tuesday after the package delivery giant lowered its revenue forecast as weaker demand hit sales. The company said it expects a low-single-digit decline in…
[ad_1] Market optimism over the potential for interest rate cuts next year is dangerously overdone, according to former FDIC Chair Sheila Bair. Bair, who ran the FDIC during the 2008 financial crisis, suggests Federal Reserve Chair Jerome Powell was irresponsibly dovish at last week’s policy meeting by creating “irrational exuberance” among investors. “The focus still…
[ad_1] The S&P 500 headed for a slight weekly decline as a 5-week comeback in the benchmark took a breather despite economic data that backed hopes for an economic soft landing. The Dow Jones Industrial Average gained 89 points, or 0.3%. The S&P 500 added 0.2%, after earlier hitting a high of the session of…
[ad_1] Chinese President Xi Jinping chairs a symposium on advancing the integrated development of the Yangtze River Delta and delivers an important speech in east China’s Shanghai, Nov. 30, 2023. Xinhua News Agency | Xinhua News Agency | Getty Images China’s top decision-making body of the ruling Communist Party on Friday said that the country’s…
[ad_1] Job openings tumbled in October to their lowest in 2½ years, a sign that the historically tight labor market could be loosening. Employment openings totaled a seasonally adjusted 8.73 million for the month, a decline of 617,000, or 6.6%, the Labor Department reported Tuesday. The number was well below the 9.4 million estimate from…
[ad_1] U.S. President Joe Biden speaks about efforts to strengthen United States supply chains that effect economic and national security, during the first meeting of the new White House Council on Supply Chain Resilience, in the Indian Treaty Room of the Eisenhower Executive Office Building at the White House complex in Washington, U.S., November 27,…
[ad_1] US President Joe Biden holds up a copy of the Republican’s FY2024 budget as he delivers remarks on Bidenomics and Republican economic policy during an event at Prince George’s Community College, in Largo, Maryland, United States on September 14, 2023. Kyle Mazza | Anadolu Agency | Getty Images With an economy posting significant GDP…