Labor economy

House Speaker Paul Ryan of Wis., center, leaves the House Chamber after voting on the Republican tax bill, Tuesday, Dec. 19, 2017, on Capitol Hill in Washington. Republicans muscled the most sweeping rewrite of the nation's tax laws in more than three decades through the House. (AP Photo/Jacquelyn Martin)
December 20, 2017 - 9:56 am
WASHINGTON (AP) — The Latest on Congress and sweeping tax cut legislation (all times local): 9:55 a.m. President Donald Trump says the "Fake News" media is "working overtime" to "only demean" tax cuts he's long said will be the biggest in history. Trump tweeted Wednesday: "The Tax Cuts are so large...
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FILE - In this Nov. 10, 2017, file photo, Dustin Brinkerhoff, owner of Brinkerhoff Custom Construction, walks with boards to put in place as a temporary safety guard rail at a worksite of a future home in Mapleton, Utah. On Monday, Dec. 18, 2017, the National Association of Home Builders/Wells Fargo releases its December index of builder sentiment. (Isaac Hale/The Daily Herald via AP, File)
December 18, 2017 - 10:44 am
WASHINGTON (AP) — U.S. homebuilders are feeling more optimistic than they have in nearly two decades. The National Association of Home Builders/Wells Fargo builder sentiment index released Monday rose five points to 74 this month. That's the highest reading since July of 1999, more than 18 years...
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FILE - In this Aug. 16, 2017, file photo, a construction worker waits to cross an intersection near buildings under construction in the central business district of Beijing. The World Inequality Report 2018 released Friday, Dec. 15, 2017, is based on a massive collection of data compiled by an international team of researchers. It shows inequality has soared since 1980 although the global top “1 percent” saw their share of global income shrink slightly after the global financial crisis. The share of global income going to the bottom 50 percent rose slightly, to just under 10 percent, thanks to gains in populous, fast-growing China and India. (AP Photo/Mark Schiefelbein, File)
December 15, 2017 - 2:52 pm
TOKYO (AP) — Global income inequality has worsened over the past four decades, a report finds, with the wealthiest 1 percent of the world's population capturing twice as much income growth as the bottom half. The world's middle class, made up mostly of people in North America and Europe, has by...
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December 15, 2017 - 1:29 pm
A maker of lithium batteries is promising to provide an economic jolt to the Appalachian region, announcing plans Friday to relocate from California to Kentucky and build a factory employing hundreds of workers in an area reeling from the coal industry's decline. EnerBlu Inc. announced it will...
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December 14, 2017 - 8:46 am
WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell by 11,000 last week to 225,000, the lowest in nearly two months and another sign that U.S. workers are enjoying job security. The Labor Department says the less volatile four-week average also fell by 6,750 to 234,750...
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Federal Reserve Chair Janet Yellen speaks during a news conference following the Federal Open Market Committee meeting in Washington, Wednesday, Dec. 13, 2017. The Fed said Wednesday that it's lifting its short-term rate by a modest quarter-point to a still-low range of 1.25 percent to 1.5 percent. It is also continuing to slowly shrink its bond portfolio. Together, the two steps could lead over time to higher loan rates for consumers and businesses and slightly better returns for savers. (AP Photo/Carolyn Kaster)
December 13, 2017 - 6:02 pm
WASHINGTON (AP) — The Federal Reserve is raising its key interest rate for the third time this year and foresees three additional hikes in 2018, a vote of confidence that the U.S. economy remains on solid footing 8½ years after the end of the Great Recession. The Fed said Wednesday that it's...
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Federal Reserve Chair Janet Yellen speaks during a news conference following the Federal Open Market Committee meeting in Washington, Wednesday, Dec. 13, 2017. The Federal Reserve is raising its key interest rate for the third time this year and foresees three additional hikes in 2018, a vote of confidence that the U.S. economy remains on solid footing 8½ years after the end of the Great Recession. (AP Photo/Carolyn Kaster)
December 13, 2017 - 4:55 pm
WASHINGTON (AP) — The Federal Reserve is raising its key interest rate for the third time this year and foresees three additional hikes in 2018, a vote of confidence that the U.S. economy remains on solid footing 8½ years after the end of the Great Recession. The Fed said Wednesday that it's...
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FILE - In this Wednesday, Nov. 29, 2017, file photo, Federal Reserve Chair Janet Yellen attends a hearing of the Federal Reserve Board Joint Economic Committee, on Capitol Hill in Washington. Investors may not be sure about what the central bank might have in store for 2018, and they’ll look to Yellen’s final news conference as Fed chair Wednesday, Dec. 13, 2017, for clues. (AP Photo/Jacquelyn Martin, File)
December 13, 2017 - 2:43 pm
WASHINGTON (AP) — The Federal Reserve is raising its key interest rate for the third time this year and foresees three additional hikes in 2018, a vote of confidence that the U.S. economy remains on solid footing 8½ years after the end of the Great Recession. The Fed announced Wednesday that it's...
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December 13, 2017 - 4:59 am
LONDON (AP) — Official figures are showing wages in Britain creeping up but still lagging the rise in prices, meaning households continue to experience a real-terms pay cut as they prepare for Christmas. The Office for National Statistics said Wednesday that average weekly earnings in the three...
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A man cycles past in front of an electronic stock indicator of a securities firm in Tokyo, Monday, Dec. 11, 2017. Share prices were higher in Asia early Monday, lifted by encouraging employment data from the U.S. that lifted the Standard & Poor’s 500 index to its third straight weekly gain on Friday despite weakness earlier in the week. (AP Photo/Shizuo Kambayashi)
December 11, 2017 - 2:12 am
TOKYO (AP) — Share prices were higher in Asia on Monday, lifted by encouraging employment data from the U.S. that took the Standard & Poor's 500 index to its third straight weekly gain on Friday despite weakness earlier in the week. KEEPING SCORE: Japan's Nikkei 225 stock index climbed 0.6...
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