ECONOMY

Nov 06 2024BUSINESS

Boosting Bank Productivity: How Intellectual Capital Plays a Role

In today's economy, firms' success isn't just about owning buildings or having lots of money. It's also about having smart ideas and skills that others can't copy. Banks, being smart businesses, are looking into something called 'intellectual capital' to improve their productivity. This study checke

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Nov 05 2024POLITICS

The U. S. Election: Global Impact on Key Issues

Every four years, the U. S. presidential election stirs up a lot of talk around the world. This time is no different. Let's break down how the election might affect various regions and issues. Israel, for instance, might not see a big change no matter who wins. Israelis seem to like Trump, but the c

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Nov 05 2024POLITICS

Trump's Final Campaign Day: Mixed Truths and Big Lies

The last full day of ex-President Trump's campaign was packed with rallies and misleading statements. At an event in North Carolina, he repeated false claims about immigration, jobs, and even old feuds. Experts debunked many claims, showing the facts don't line up with Trump's words. For example, he

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Nov 04 2024POLITICS

Pennsylvania's Small Businesses: A Mixed Bag Before Election

Pennsylvania, a crucial swing state in the upcoming election, is seeing mixed results for its small businesses. Economic growth is happening, but prices are also going up. Real GDP in the state rose by 2. 5% this year, which is on par with national averages. However, prices in the Philadelphia area

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Nov 02 2024POLITICS

Job Growth Slows Down Before Election

Last month, the U. S. economy added only 12, 000 jobs, a significant drop from the 223, 000 jobs added in September. The Labor Department's report shows that natural disasters like hurricanes and labor disputes are contributing factors. Despite this, the unemployment rate stayed steady at 4. 1%. Pre

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Nov 02 2024BUSINESS

ASEAN: The Unexpected Winner in U. S. -China Trade Clashes

You might not think of Southeast Asia as a big player in the trade war between the U. S. and China. But the Association of Southeast Asian Nations (ASEAN) has been quietly making gains. The International Monetary Fund (IMF) says ASEAN has been strengthening its trade and investment links with both c

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Nov 01 2024FINANCE

How Will Storms and Strikes Impact the Job Numbers?

Economists are eagerly awaiting the October jobs report, but they're not sure what to expect. Two major hurricanes and several strikes might have thrown a wrench into the usual job numbers. It's so uncertain that some experts even think we might see a drop in jobs! These natural disasters and labor

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Nov 01 2024BUSINESS

Job Growth Slows in October: What's the Story?

October saw the slowest job growth since late 2020, with only 12, 000 new jobs created. That's a big drop from September and way below what experts were expecting. The unemployment rate stayed the same at 4. 1%, but a broader measure that includes people who want jobs but aren't actively looking als

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Nov 01 2024BUSINESS

Inflation, Tariffs, and Small Businesses: A Look at the Impact

Small-business owners aren't thrilled about the idea of more tariffs. With former President Donald Trump hinting at higher tariffs if he returns to office, businesses like Virginia Beer Co. are worried about increased costs. Chris Smith, the co-founder, saw a 5. 5% surcharge on a supplier's bill aft

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Nov 01 2024POLITICS

Is the October Jobs Report a Game Changer?

For months, some Republicans have claimed that the Bureau of Labor Statistics (BLS) job numbers are manipulated to make the economy look better. But the upcoming October jobs report, set to release just before the elections, might challenge these theories. The BLS initially reported that employers a

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