Avie Schneider
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The jobless rate remained the lowest in nearly 50 years last month as employers added fewer jobs than expected. Meanwhile, wages grew 3.1 percent over the past 12 months, the same as in October.
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Bullish stocks, low unemployment, high confidence — from most angles, the economy is strong. But questions linger as the Federal Reserve raises interest rates for the third time in 2018.
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Hours after President Trump announced tariffs on $200 billion in Chinese goods, Beijing responded with its own levies on $60 billion worth of U.S. products.
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After days of negotiations, the U.S. and Canada failed to agree on a deal by a Friday deadline to update the North American Free Trade Agreement. The U.S. and Mexico reached a pact earlier.
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The economy continued to add jobs at a steady pace last month and the unemployment rate remained low. Analysts have been looking for signs that wage growth might pick up, but it held steady, too.
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A key measure of the economy's health showed a dramatic pickup, which President Trump called "amazing." But some analysts doubt the higher growth rate will last.
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Commerce Secretary Wilbur Ross announced a deal with Chinese telecommunications company ZTE — a move that may indicate progress in high-stakes trade talks between the U.S. and China.
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The CFPB's interim chief is moving to disband a board designed to help consumer groups work with the agency to identify problems facing Americans who are being unfairly treated by financial firms.
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U.S. stock indexes surged about 3 percent Monday after fears eased of a trade war with China. The two major trading partners reportedly are negotiating to improve U.S. access to Chinese markets.
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The Dow Jones industrial average tumbled nearly 3 percent Thursday after the Trump administration announced plans to impose tariffs on Chinese imports.