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China’s economy had a pretty great 2017

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China’s economy had its foot on the gas in 2017. Official data published Thursday showed the world’s second largest economy grew 6.9% last year, beating analysts’ earlier expectations. The performance was helped by government stimulus and an ... More »

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Airbus A380: Did Emirates just save the superjumbo?

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Emirates may have just saved the Airbus A380. The Dubai-based carrier announced Thursday that it has ordered 20 of the superjumbo jets, with an option to buy 16 more. The deal is worth a total of $16 billion at list prices. The agreement, which brings the tota... More »

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Trump could clash with China over solar panels

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President Trump has a chance to hurt China on trade this month — but he could end up hurting U.S. jobs, too. Trump is set to decide before the end of January whether to slap punishing tariffs on foreign imports of solar panels, most of which come from Ch... More »

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Apple: We’ll pay $38B in tax on overseas profits

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Apple just made a bunch of big promises to the American economy. The company said Wednesday that it will pay $38 billion in taxes on cash it has been keeping overseas. It also pledged to create 20,000 jobs and invest $30 billion in U.S. facilities over the nex... More »

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Goldman Sachs is Wall Street’s big loser

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Goldman Sachs can’t catch a break. The vaunted Wall Street firm reported a nearly $2 billion quarterly loss Wednesday — its first loss in six years — due to a short-term hit from the new tax law. The lack of market volatility also led to a st... More »

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Red-hot Dow closes above 26,000 for the first time

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The stock market is on fire. The Dow just zoomed another 300 points and closed above 26,000 for the first time. The latest rush to buy stocks left the average up almost 8,000 points since President Trump’s 2016 election. The rally on Wednesday gave the D... More »

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American businesses can’t find workers

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American businesses big and small increasingly have the same problem: They can’t find workers. The job market is so hot that employers are struggling to handle the consequences. A Federal Reserve survey released Wednesday found labor shortages all over t... More »

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Reagan adviser: Stocks are due to fall

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Martin Feldstein, one of the most influential Republican economists of the last 40 years, is warning that the stock market is poised to plunge. That could drag down the U.S. economy, Feldstein warned. In Wall Street Journal column with the headline “Stoc... More »