The United States remains a global leader in innovation and business. With business hubs like Silicon Valley and New York City, the country has become a launchpad for millions of aspiring founders. According to the U.S. Census Bureau, there were 457,544 business applications in December 2024 alone. And this surge…
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April Jobs Report Beats Expectations Despite Economic Uncertainty Under Trump Policies
WASHINGTON — American employers added a better-than-expected 177,000 jobs in April as the job market showed resilience in the face of President Trump’s trade wars. Hiring was down slightly from a revised 185,000 in March and came in above economists’ expectations for a modest 135,000. The unemployment rate remained at…
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Trump’s Tariff Blitz Shakes U.S. Economy as GDP Turns Negative
The U.S. economy just had its worst quarter since 2022 as President Donald Trump’s significant policy changes unnerved consumers and businesses. Gross domestic product, which measures all the goods and services produced in the economy, registered at an annualized rate of -0.3% in the first quarter, the Commerce Department said…
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Stock Futures Up Ahead of Jobs Report Amid Trade Developments
As of May 2, 2025, stock futures are trending upward as investors prepare for today’s key nonfarm payrolls report. The April employment data is expected to provide an early look at the economic effects of President Trump’s “Liberation Day” tariffs, which were implemented recently. The report follows an early readout…
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The Recent-Grad Gap: Why Young, Educated Workers Are Struggling in Today’s Economy
Something strange, and potentially alarming, is happening to the job market for young, educated workers. According to the New York Federal Reserve, labor conditions for recent college graduates have “deteriorated noticeably” in the past few months, and the unemployment rate now stands at an unusually high 5.8 percent. Even newly…