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Following in our footsteps
Some Americans feel guilty going to Wal-Mart and buying cheap products manufactured by children in Asian sweatshops. An economophobic propaganda machine is relentless in its efforts to mislead us to...
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No trade deal in Seoul as G-20 begins
Despite intense efforts, the United States and South Korea failed on Thursday to conclude a long-sought free-trade deal, a setback for President Barack Obama as he confronts tensions on a series of...
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U.S. trade deficit narrows, lowest in nine months
The U.S. trade deficit narrowed to $38.7 billion in October, its lowest level in nine months, Commerce Department officials reported Friday. Exports of services also hit a record of $46.42 billion, The...
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U.S. companies expand goals as Chinese leader arrives
U.S. companies have long demanded that China let its currency rise to make U.S. exports cheaper. But as President Hu Jintao visits Washington this week, U.S. companies are stressing other goals:...
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Obama, Hu hail economic ties, yet differ on human rights
President Barack Obama and Chinese President Hu Jintao vowed closer cooperation on critical issues ranging from increasing trade to fighting terrorism Wednesday, but also stood fast on differences,...
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Hu reaches out to U.S. businesses with ties to China
Chinese President Hu Jintao sought Thursday to assure U.S. business executives with ties to China that his country is not a military threat to the United States but an economic partner ready to help...
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Obama names GE CEO as head of new economic board
On Friday, the president travels to Schenectady, N.Y., birthplace of General Electric, to showcase a new GE deal with India and announce a restructured presidential advisory board to focus on...
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Intel chief to join White House job council
President Barack Obama is naming Intel Corp. CEO Paul Otellino, one of the president’s critics, to an advisory council responsible for finding new ways to promote economic growth and bring jobs to the...
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Bernanke urges nations to help ease trade gaps
Federal Reserve Chairman Ben Bernanke on Friday urged countries with large trade surpluses like China to let their currencies rise in value to help prevent another global financial crisis. He also...
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Donald ‘Herbert Hoover’ Trump
Donald Trump scares me. The real estate mogul, author, television star, and potential Republican presidential candidate has views on economics and foreign trade that could prove to be disastrous if he...
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