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Steve P. Void

434 Posts
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New round of Chinese tariffs on American goods announced

With the intensification of the trade conflict between the United States and China, China has unveiled a fresh series of retaliatory duties on US products, scheduled to be enforced on Monday. These actions are a reaction to the recent tariffs imposed by the US and highlight the ongoing tension between the globe's two largest economies. In contrast, President Donald Trump has proposed the idea of extending tariffs to additional nations, potentially altering global trade relationships even more.China's recent decision came to light soon after the US imposed a 10% tariff on all goods from China earlier this month. Beijing's retaliatory…
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US economy shows resilience and growth

During the last quarter of 2024, the economy of the United States grew at an annualized pace of 2.3%, according to the Bureau of Economic Analysis. This expansion rate was below the expected 2.6% and signaled a slowdown compared to the 3.1% increase noted in the previous quarter.In the fourth quarter of 2024, the United States economy expanded at an annualized rate of 2.3%, as reported by the Bureau of Economic Analysis. This growth rate fell short of the anticipated 2.6% and marked a deceleration from the 3.1% growth observed in the third quarter.Growth in the fourth quarter was mainly…
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Impressive year for the US economy

During the last quarter of 2024, the economy of the United States grew at an annualized pace of 2.3%, according to the Bureau of Economic Analysis. This expansion rate was below the expected 2.6% and signaled a slowdown compared to the 3.1% increase noted in the previous quarter.Primary Factors of Economic ExpansionGrowth in the fourth quarter was mainly fueled by a rise in consumer spending and government outlays. As a major factor of the Gross Domestic Product (GDP), consumer spending stayed strong, indicating continued household consumption. Government outlays also played a positive role, with significant boosts in federal and state…
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https://i.cbc.ca/1.6228441.1706197264!/fileImage/httpImage/image.JPG_gen/derivatives/original_1180/usa-economy-gdp.JPG?im=

Impressive year for the US economy

During the last quarter of 2024, the economy of the United States grew at an annualized pace of 2.3%, according to the Bureau of Economic Analysis. This expansion rate was below the expected 2.6% and signaled a slowdown compared to the 3.1% increase noted in the previous quarter.Primary Factors of Economic ExpansionGrowth in the fourth quarter was mainly fueled by a rise in consumer spending and government outlays. As a major factor of the Gross Domestic Product (GDP), consumer spending stayed strong, indicating continued household consumption. Government outlays also played a positive role, with significant boosts in federal and state…
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Trump’s vision for new tariffs

At the end of January 2025, the U.S. government revealed its intentions to impose tariffs on imported pharmaceuticals, steel, and computer chips. This action seeks to strengthen local manufacturing and tackle trade imbalances. Yet, these steps might profoundly impact global trade relations, especially influencing major U.S. partners in Asia.In late January 2025, the U.S. administration announced plans to implement tariffs on imported computer chips, pharmaceuticals, and steel. This initiative aims to bolster domestic manufacturing and address trade imbalances. However, such measures could have significant implications for international trade dynamics, particularly affecting key U.S. allies in Asia.The semiconductor industry is set…
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Another successful year for the US economy

During the last quarter of 2024, the economy of the United States grew at an annualized pace of 2.3%, according to the Bureau of Economic Analysis. This expansion rate was below the expected 2.6% and signaled a slowdown compared to the 3.1% increase noted in the previous quarter.In the fourth quarter of 2024, the United States economy expanded at an annualized rate of 2.3%, as reported by the Bureau of Economic Analysis. This growth rate fell short of the anticipated 2.6% and marked a deceleration from the 3.1% growth observed in the third quarter.Growth in the fourth quarter was mainly…
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https://cached.imagescaler.hbpl.co.uk/resize/scaleHeight/815/cached.offlinehbpl.hbpl.co.uk/news/OMC/ThinkstockPhotos-672450320_edited-1-201805010914584451-20200331093556905.jpg

Another successful year for the US economy

During the last quarter of 2024, the economy of the United States grew at an annualized pace of 2.3%, according to the Bureau of Economic Analysis. This expansion rate was below the expected 2.6% and signaled a slowdown compared to the 3.1% increase noted in the previous quarter.In the fourth quarter of 2024, the United States economy expanded at an annualized rate of 2.3%, as reported by the Bureau of Economic Analysis. This growth rate fell short of the anticipated 2.6% and marked a deceleration from the 3.1% growth observed in the third quarter.Growth in the fourth quarter was mainly…
Read More
https://cached.imagescaler.hbpl.co.uk/resize/scaleHeight/815/cached.offlinehbpl.hbpl.co.uk/news/OMC/ThinkstockPhotos-672450320_edited-1-201805010914584451-20200331093556905.jpg

Another successful year for the US economy

During the last quarter of 2024, the economy of the United States grew at an annualized pace of 2.3%, according to the Bureau of Economic Analysis. This expansion rate was below the expected 2.6% and signaled a slowdown compared to the 3.1% increase noted in the previous quarter.In the fourth quarter of 2024, the United States economy expanded at an annualized rate of 2.3%, as reported by the Bureau of Economic Analysis. This growth rate fell short of the anticipated 2.6% and marked a deceleration from the 3.1% growth observed in the third quarter.Growth in the fourth quarter was mainly…
Read More
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Unemployment Challenges for Today’s College Graduates

Lately, the job market for those who have just finished college has become more difficult. Although the country's unemployment rate remains stable at 4.1%, new graduates are facing considerable obstacles as they move from school into their careers.Worries of Employers and Perceived ReadinessUna encuesta realizada en diciembre reveló que cerca del 58% de los encargados de contratación piensan que los recién graduados universitarios no están listos para enfrentar las exigencias del mercado laboral. Las críticas frecuentemente se centran en supuestas carencias en motivación, habilidades de comunicación y profesionalismo entre los nuevos ingresantes. Algunos empleadores atribuyen estas deficiencias a un sistema…
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US home sales plummet in 2024, lowest in years

En 2024, el mercado inmobiliario de Estados Unidos sufrió una notoria caída, con las ventas de viviendas existentes disminuyendo a niveles que no se veían desde 1995. La Asociación Nacional de Agentes Inmobiliarios informó que solo se vendieron 4.06 millones de casas durante el año, lo que representa una disminución del 0.7% respecto a 2023. Esta reducción resalta las dificultades que enfrentan tanto compradores como vendedores en la situación económica actual.Elementos que Contribuyen a la CaídaFactors Contributing to the DeclineAltas Tasas de Hipotecas: Durante 2024, la tasa promedio para una hipoteca fija a 30 años varió entre el 6% y…
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