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Census Figures Show Economic Gap Narrows with Citizenship

Census Figures Show Economic Gap Narrows with Citizenship

By Mike Schneider | Aug 20
Foreign-born residents had higher rates of full-time employment than those born in the United States last year, and naturalized immigrants were more likely to have advanced degrees than the native-born, according to figures released Monday.

White House Insists 'Fundamentals' of US Economy are Strong

White House Insists 'Fundamentals' of US Economy are Strong

Aug 20
The "fundamentals" of the U.S. economy are solid, the White House asserted, invoking an ill-fated political declaration of a decade ago amid mounting concern that a recession could imperil President Donald Trump's reelection.

Brand-Name Drug Prices Rising at Slower Pace, Lower Amounts

Brand-Name Drug Prices Rising at Slower Pace, Lower Amounts

By Linda A. Johnson, Nicky Forster | Aug 20
Drug companies are still raising prices for brand-name prescription medicines, just not as often or by as much as they used to, according to an Associated Press analysis.

34% of Economists in Survey Expect A U.S. Recession in 2021

34% of Economists in Survey Expect A U.S. Recession in 2021

Aug 19
A number of U.S. business economists appear sufficiently concerned about the risks of some of President Donald Trump's economic policies that they expect a recession in the U.S. by the end of 2021.

Worried About A Recession? Protect Yourself but Don't Panic

Worried About A Recession? Protect Yourself but Don't Panic

By Sarah Skidmoere Sell | Aug 17
If the threat of a recession gives you pause when it comes to your personal finances, remember now is a time to prepare, not panic.

Federal Agency Supports More Condo Mortgages

Federal Agency Supports More Condo Mortgages

By Josh Boak | Aug 17
The Federal Housing Administration is changing regulations to make it easier for more first-time condo buyers to receive mortgages.

Tapestry Offers Downbeat Look as Its Stock Tumbles

Tapestry Offers Downbeat Look as Its Stock Tumbles

Aug 16
Tapestry Inc.'s shares lost nearly a quarter of their value Thursday after the upscale handbag and fashion company said that it would have an unexpected drop in profit and revenue in the current quarter.

Trump Ties U.S. Success to 2nd Term: 'You Have to Vote for Me'

Trump Ties U.S. Success to 2nd Term: 'You Have to Vote for Me'

By Kevin Freking | Aug 16
President Donald Trump on Thursday sought to reassure his supporters about the state of the U.S. economy despite the stock market volatility and told rallygoers in New Hampshire that their financial security depends on his reelection.

Weak Global Growth Likely to Mean U.S. Slowdown, Not Recession

Weak Global Growth Likely to Mean U.S. Slowdown, Not Recession

By Christopher Rugaber, Josh Boak, and Bani Sapra | Aug 16
How fragile is the global economy? The U.S.-China trade war is weakening businesses in both countries, Germany's economy shrank in the second quarter, and Britain appears headed for a disruptive exit from the European Union this fall.

ICE Raids Raise Question: What About the Employers?

ICE Raids Raise Question: What About the Employers?

By Nomaan Merchant | Aug 15
A massive immigration raid in Mississippi revived a longstanding complaint: Unauthorized workers are jailed or deported, while the managers and business owners who profit from their labor often go unprosecuted.

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