Category: Economy
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Trump Imposes 25% Tariff on Steel and Aluminum. Canada and Europe Retaliate. Brazil Wants to Negotiate
A 25% tariff imposed by Donald Trump on all steel and aluminum imports to the United States took effect on Wednesday (12). It is the latest blow in Trump’s multifaceted tariff plan aimed at correcting trade imbalances and reviving the domestic industry. However, it risks triggering a global trade war, as the European Union retaliated…
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Trump Imposes 25% Tariffs on Steel and Aluminum. Canada and Europe Retaliate. Brazil Wants to Negotiate
The 25% tariff imposed by Donald Trump on all imported steel and aluminum to the United States came into effect on Wednesday (12). It is the latest salvo in Trump’s multifaceted tariff plan aimed at correcting trade imbalances and reigniting domestic industry. However, it risks triggering a global trade war, as the European Union retaliated…
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Trump Fires Half of Education Department
The U.S. Department of Education announced on Tuesday (11) that more than 1,300 employees would be laid off, significantly reducing the operations of the agency that manages federal college loans, tracks student performance, and enforces civil rights laws in schools. The layoffs mean that the department, which started the year with 4,133 employees, will now…
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Is the American Economy Heading for a Recession?
The nearly five-year economic growth of the United States is losing momentum. Cracks are forming in the foundation of the economy: layoffs are increasing, hiring is decreasing, consumer confidence is deteriorating, and inflation is accelerating. Signs of a possible recession ahead? All of this could be happening anyway under any other administration. However, the uncertainty…
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Daylight Saving Time Has Started. See How to Adjust
It’s not always easy to continue functioning normally in the first days after we adjust our clocks for daylight saving time in the United States. In fact, most researchers and sleep experts say that the time change is bad for our health. In the days following the time change, the country sees a higher incidence…
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Trump Spoke to Congress. What Did He Say?
After six incendiary weeks in the White House, President Trump delivered a speech at a joint session of Congress on Tuesday night (4). In nearly 100 minutes – the longest speech of its kind in modern U.S. history – he witnessed a Democratic member of Congress being expelled, several other Democrats walking out, and a…
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Which Industries Employ the Most Immigrant Workers in the U.S.?
In 2023, about one-fifth of the American workforce was made up of immigrants: of the 160.2 million workers in the U.S., around 29.7 million were immigrants. This represents an increase from 2010, when immigrants accounted for 15.6% of the workforce. Immigrants are employed in various industries, with concentrations in education, health, and professional services.Which industries…
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Which Industries Employ the Most Immigrant Workers in the U.S.?
In 2023, nearly one-fifth of the workforce was born abroad: of the 160.2 million people in the U.S. workforce, about 29.7 million were immigrants. This represents an increase from 2010, when immigrants made up 15.6% of the workforce. Immigrants are employed in various industries, with concentrations in education, health, and professional services.Which industries employ the…
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Trump Tariffs Take Effect. What Will Cost You More?
Donald Trump announced a month ago new tariffs on imported products from China, Canada, and Mexico, the three main trading partners of the U.S. This Tuesday, March 4, the new rates take effect: an additional 10% on imports from China and 25% on most imports from Canada and Mexico. The three countries decided to retaliate.…
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Smart Ways to Spend Your Tax Refund
Received a tax refund this year? While it may be tempting to spend impulsively, if you really want to treat yourself, financial professionals recommend using the payment for practical expenses. According to certified financial planning professionals, here are smart ways to spend your tax refund that will improve your life: 1. Build an emergency fund:…