Archive | Economic News

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N.Y. Times star reporter suspended over sex-harassment claims

(THE HILL) New York Times journalist Glenn Thrush has been suspended following sexual misconduct allegations in a story published Monday on Vox. The Times confirmed on Monday that Thrush, who was hired in January to cover the Trump administration, had been suspended while the publication investigates. “The behavior attributed to Glenn in this Vox story […]

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Disaster claims soar in year of calamities

(WASHINGTON POST) — SANTA ROSA, Calif. — The number of Americans registered for federal disaster aid jumped tenfold this year, costing billions of dollars in additional emergency funding as the nation nears the end of a historically calamitous year. More than 4.7 million Americans – or about 1.4 percent of the population – have registered […]

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Strangers can talk to your kids through ‘connected’ toys

(THE GUARDIAN) — A consumer group is urging major retailers to withdraw a number of “connected” or “intelligent” toys likely to be popular at Christmas, after finding security failures that it warns could put children’s safety at risk. Tests carried out by Which? with the German consumer group Stiftung Warentest, and other security research experts, […]

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Goldman Sachs: 2018 to be great new year

(CNBC) — This has been a good year for the global economy, and 2018 will follow that trend, analysts at Goldman Sachs said. Economic growth around the world has picked up steam this year. Germany — Europe’s largest economy — grew an unexpectedly strong 0.8 percent in the third quarter. In Japan, the economy has […]

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Trump does impossible: Debt/GDP ratio down 1% in 1st year

(Gateway Pundit) President Trump’s policies have decreased the Debt to GDP ratio by 1% while at the same time the Atlanta Fed announced yesterday that the 4th Quarter GDP estimates have increased by 0.2% to 3.4%. Since his inauguration President Trump has focused his efforts on the security of the country and on the prosperity […]

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Dow, S&P post 1st 2-week losing streak since August

(CNBC) U.S. stocks fell on Friday as worries about tax reform lingered on Wall Street. The Dow Jones industrial average declined 100 points, with Wal-Mart leading decliners on the 30-stock index. The retailer’s stock rallied to an all-time high on Thursday on strong quarterly results. On Friday, it fell more than 2 percent. The S&P […]

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Monica Lewinsky: Public shaming of sex-abuse victims ‘blood sport’

(WASHINGTON EXAMINER) Former White House intern Monica Lewinsky says social media platforms have become “online coliseums” that have turned shaming victims of sexual harassment and abuse into a “blood sport.” Lewinsky reflected on the current environment in an interview with the Evening Standard published Thursday, nearly 20 years after her relationship with former President Bill […]

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Fox News bans Kiss frontman Gene Simmons for life

(NY POST) Kiss frontman Gene Simmons reportedly was banned from Fox News after harassing employees and making crude statements during a promotional appearance at the network Thursday. Simmons had just completed an interview with Fox Business about his new book when he arrived for an entertainment feature on the 14th floor and began acting inappropriately, […]

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