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How Restrictive Labor Laws Keep Puerto Rico’s Economy Down

Puerto Rico

by Rachel Greszler   An economic crisis has engulfed Puerto Rico. The Financial Oversight Management Board, a federally-mandated advisory group, has worked to help Puerto Rico deal with its financial crisis and establish policies that will lead to long-run growth. The board says Puerto Rico must reform its labor market to…

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OFF THE RECORD: President Trump Singlehandedly Delivers the Most Eyebrow-Raising G7 Trade Summit Ever

OFF THE RECORD

After years of mundanity surrounding the G7 world trade summit – the once-a-year snore-fest where the six, or seven, (or eight) leaders of the West come together as frenemies to see who can pick each others’ pockets most stealthily – we were treated to perhaps the most entertaining piece of political…

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Tennessee Adds 45,000 Jobs Over Past Year

Tennessee’s unemployment rates remain low and the state added 45,000 jobs the past year, the National Federation of Independent Business said. According to the March 2018 numbers from the Tennessee Department of Labor and Workforce Development, 82 of the state’s 95 counties saw lower unemployment rates that month than they…

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A Record Number Of Small Businesses Are Raising Wages Amid Tight Labor Market

by Will Racke   A greater share of small companies in the U.S. are raising wages than at any time in the past three decades, according to a survey released Thursday from the nation’s biggest independent business association. A seasonally adjusted 35 percent of small business owners reported they have increased…

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Commentary: President Trump Follows Through on Steel and Aluminum Tariff Threat Against Canada, Mexico and Europe

By Robert Romano   He did it. In his continued push for “fair and reciprocal” trade, President Donald Trump has followed through on his promise to impose a 25 percent tariff on steel and 10 percent tariff on aluminum from Canada, Mexico and the European Union. The three had been temporarily excluded from…

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Trump’s Tariffs At Work: Solar Company Plans New Factory In Georgia

by Jason Hopkins   A foreign solar panel company is building a manufacturing facility in the U.S., marking the latest boost in the industry since President Donald Trump imposed tariffs on imported solar equipment. The White House’s recently enacted tariffs on solar panels appears to be working. Hanwha Q Cells Korea Corporation…

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Malware Discovered Pre-Installed On Android Devices Including Chinese Company ZTE

by Kyle Perisic   An anti-virus company has discovered malware comes pre-installed on Android phones, including on ZTE phones — a Chinese phone company with ties to the Chinese government. “Thousands of users are affected” by the ad-related malware, or adware, according to Avast, the Czech anti-virus company, in its…

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