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All Posts Tagged Tag: ‘Economy’

Xi Jinping Meets with US; Talk Economy & Security

When Xi Jinping, General Secretary of the Central Committee of the Communist Party of China and the President of the People’s Republic of China, came into office a little over one year ago, he faced several monumental challenges as the leader of the world’s largest and potentially most powerful country. The main issue plaguing Xi was China’s economy, which had …

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Climate Change Presents Risk to US Business

In a nonpartisan study released by the Risky Business Project, leading economic and environmental figures have assessed the monetary threat that climate change proposes to business in the United States. The findings are not optimistic. The study, led by former New York City Mayor Michael Bloomberg, former Treasury Secretary Henry M. Paulson Jr. and former hedge fund manager Thomas F. …

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Gas Prices Are Rising: Some Tips To Make Gas Last

Anyone else planning a stay-cation this summer? With waiting lines like this and gas prices the way they are, you’re likely not alone. Despite predictions this past spring that your car’s diet would be fund friendly this summer, it seems as though that may not come to pass after all. High demand, fewer supplies than anticipated, and declining production are …

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Mortgage Rates Down: Why Americans Don’t Care

The big news in financial circles lately has been that mortgage rates are down. The big concern in financial circles lately has been that, even though mortgage rates are down, home sales are not rising. Analysts seem to be losing their collective minds trying to figure out why the price drop is not resulting in an uptick in sales. The …

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Switzerland $25 Minimum Wage Voted Against

Switzerland voted Sunday to reject a measure called the Decent Salary Initiative, that would establish a minimum wage of $4,515 per month in that country, with 76.3% of voters opposed to the idea. The proposed monthly minimum wage equates to roughly $25 per hour, which would be the highest in the world. Proponents called the wage hike necessary, while opponents …

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Infographic: LinkedIn Analyzes Global Economic Confidence

LinkedIn recently surveyed 14,000 senior business leaders in 16 countries to get an idea about the health of local and global economies. The company has put the highlights together in an easy-to-read infograhpic for your viewing pleasure. It’s not the most rosy picture. Most of those surveyed are concerned their countries will be left behind in a global economic recovery. …

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Mortgage Rates Decline; Rises Loom in Future

As the spring season rolls in and the winter doldrums roll out, people are finally exiting their homes and exploring the world once again. Luckily for those recovering from an intense winter hibernation, the economy shows positive signs for the first quarter. Job growth increased by 192,000 for the month of March, and unemployment remained at 6.7 percent. More important …

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U.S. Economy Adds 175,000 Jobs in February

The American economy added 175,000 jobs in February which is higher than the goal of 149,000 set by Wall Street economists. However, the numbers on actually hiring were a little less impressive. With all the new jobs, the unemployment rate still rose .1% to rest at 6.7% for February. That’s 10.5 million people if you’re counting. What’s the cause of …

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Janet Yellen Confirmed as Next Federal Reserve Chair

Yesterday, the Senate voted 56-26 to usher in Janet Yellen as the next Chair of the Federal Reserve. Yellen’s acceptance came as no surprise, especially seeing as she was easily approved by the Senate Banking Committee in November. Yellen is the first woman to ever head the Federal Reserve and is expected to continue the country on the path it …

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Unemployment: A Long Term Problem; No End in Sight

CNN Money reported recently about one woman’s struggle to find a job. Lena Rouse was an IT analyst at a regional bank and was laid off from her job. She has 2 Master’s degrees – one in business and one in IT. She has 22 years of work experience. And she spent all of 2013 unemployed in Columbus, Ohio, the …

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Bitcoin Value Continues to Puzzle Economists

2013 will be a year remembered for many important reasons, with perhaps the most interesting being the rise of the digital currency, the bitcoin. Bitcoins have been in existence for 4 years now, and over those four years the value of a bitcoin has fluctuated drastically. These intense changes in value make many people wonder what gives a bitcoin value …

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Consumer Confidence Rising Going Into the New Year

The world economy has been slow to stabilize following the recession that began five years ago. In the U.S., high unemployment and low consumer confidence have led to a stagnating economic situation that is slowly crawling back. One of the market segments to weather the crisis well is the technology market. It seems that consumers have been saving their funds …

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