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Economy

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Labor market remains strong despite economic uncertainties

The economy of the United States saw an increase of 151,000 jobs in February, as per the newest employment data released by the Bureau of Labor Statistics. Although this rise indicates ongoing strength in the job market, it missed economists' expectations of 160,000 jobs for that month. This represents another phase in the significant growth of employment, yet indications of upcoming difficulties are starting to show.The United States economy added 151,000 jobs in February, according to the latest employment report from the Bureau of Labor Statistics. While the gain demonstrates continued resilience in the labor market, it falls slightly below…
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Despite challenges, DEI might endure in the US with new strategies

In Union County, South Carolina, the formerly prosperous cotton mills that once employed numerous residents have vanished. Today, the county is labeled a "food desert," indicating that a significant portion of its inhabitants reside at a distance from the closest supermarket. Addressing this challenge, community non-profit leader Elise Ashby initiated efforts in 2016, working alongside farmers to deliver affordable boxes of fresh fruits and vegetables across the county, where roughly 30% of the citizens are Black and nearly 25% experience poverty.Initially, Ms. Ashby funded the initiative with her personal savings and small grants. However, in 2023, her efforts received a…
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Trump’s leadership questioned amid inflation issues

El presidente Donald Trump, tras un mes en su segundo mandato, enfrenta un creciente descontento de los estadounidenses por el aumento de precios. A lo largo de su campaña, Trump prometió repetidamente reducir la inflación de inmediato, asegurando que el alivio empezaría "el primer día". No obstante, los precios al consumidor han seguido subiendo, lo que lleva a muchos ciudadanos a cuestionar su capacidad para cumplir con sus ambiciosas promesas económicas.Los datos recientes indican que los precios al consumidor aumentaron un 0.5% en enero respecto a diciembre, representando el incremento mensual más rápido desde agosto de 2023. Este ascenso en…
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Economic frustrations mount with Trump in office

El presidente Donald Trump, tras un mes en su segundo mandato, enfrenta un creciente descontento de los estadounidenses por el aumento de precios. A lo largo de su campaña, Trump prometió repetidamente reducir la inflación de inmediato, asegurando que el alivio empezaría "el primer día". No obstante, los precios al consumidor han seguido subiendo, lo que lleva a muchos ciudadanos a cuestionar su capacidad para cumplir con sus ambiciosas promesas económicas.Los datos recientes indican que los precios al consumidor aumentaron un 0.5% en enero respecto a diciembre, representando el incremento mensual más rápido desde agosto de 2023. Este ascenso en…
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What the Fed’s Hold on Interest Rates Means for the Economy

La Reserva Federal comunicó su decisión de mantener la tasa de fondos federales en el rango objetivo de 4.25% a 4.50%. Esta resolución se toma en medio de evaluaciones continuas de indicadores económicos y factores externos que impactan en la economía estadounidense.the Federal Reserve announced its decision to maintain the federal funds rate within the target range of 4.25% to 4.50%. This decision comes amid ongoing evaluations of economic indicators and external factors influencing the U.S. economy. Economic Indicators and Labor Market ConditionsRecent data indicates that economic activity in the United States has continued to expand at a solid pace.…
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The US economy just had another robust year

During the last quarter of 2024, the US economy grew at an annual rate of 2.3%, according to the Bureau of Economic Analysis. This expansion was below the expected 2.6% and represented a slowdown from the 3.1% increase seen in the previous quarter.Main Factors Contributing to Economic ExpansionGrowth in the fourth quarter was mainly fueled by a rise in consumer spending and government outlays. As a major factor of the Gross Domestic Product (GDP), consumer spending stayed strong, indicating continued household consumption. Government outlays also played a positive role, with significant boosts in federal and state spending.Analysis Compared to Earlier…
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The US economy just had another robust year

During the last quarter of 2024, the US economy grew at an annual rate of 2.3%, according to the Bureau of Economic Analysis. This expansion was below the expected 2.6% and represented a slowdown from the 3.1% increase seen in the previous quarter.Main Factors Contributing to Economic ExpansionGrowth in the fourth quarter was mainly fueled by a rise in consumer spending and government outlays. As a major factor of the Gross Domestic Product (GDP), consumer spending stayed strong, indicating continued household consumption. Government outlays also played a positive role, with significant boosts in federal and state spending.Analysis Compared to Earlier…
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https://i.cbc.ca/1.6228441.1706197264!/fileImage/httpImage/image.JPG_gen/derivatives/original_1180/usa-economy-gdp.JPG?im=

The US economy just had another robust year

During the last quarter of 2024, the US economy grew at an annual rate of 2.3%, according to the Bureau of Economic Analysis. This expansion was below the expected 2.6% and represented a slowdown from the 3.1% increase seen in the previous quarter.Main Factors Contributing to Economic ExpansionGrowth in the fourth quarter was mainly fueled by a rise in consumer spending and government outlays. As a major factor of the Gross Domestic Product (GDP), consumer spending stayed strong, indicating continued household consumption. Government outlays also played a positive role, with significant boosts in federal and state spending.Analysis Compared to Earlier…
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US home sales in 2024 reached lowest point since mid-90s

En 2024, el mercado inmobiliario de Estados Unidos vivió una notable caída, con las ventas de viviendas existentes desplomándose a cifras no vistas desde 1995. La Asociación Nacional de Agentes Inmobiliarios informó que solo se vendieron 4.06 millones de viviendas durante el año, marcando una disminución del 0.7% respecto a 2023. Esta bajada resalta las dificultades que enfrentan tanto compradores como vendedores en la economía actual.Causas del DescensoSe han señalado varios factores importantes como contribuyentes a esta desaceleración:Altas Tasas Hipotecarias: A lo largo de 2024, la tasa promedio para una hipoteca fija a 30 años osciló entre el 6% y…
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Understanding Trump’s tariff proposals

At the end of January 2025, the U.S. government revealed its intentions to impose tariffs on imported pharmaceuticals, steel, and computer chips. This action seeks to strengthen local manufacturing and tackle trade imbalances. Yet, these steps might profoundly impact global trade relations, especially influencing major U.S. partners in Asia.Effect on Semiconductor SectorImpact on Semiconductor IndustryIssues in the Pharmaceutical IndustryThe pharmaceutical industry is also a key target of the proposed tariffs. Japanese pharmaceutical enterprises, such as Takeda, Astellas, Daiichi Sankyo, and Eisai, hold considerable interests in the U.S. market. For instance, Takeda noted that more than half of its revenue in…
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