He wants to make it easier for them to build plants in the U.S. and create manufacturing jobs, one of his campaign promises.
u.s. economy
Posted inBusiness, Nation & World, News
U.S. economy still flawed, but far better under Obama
He’ll leave office with the second-largest drop in the jobless rate since the New Deal programs in the 1930s.
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Posted inBusiness
U.S. trade deficit widens in October from a nearly 3-year low
Medicine, cellphones and clothing are up, while soybeans, gold and artwork are down.
Posted inBusiness, Nation & World, News
U.S. consumer confidence jumps to highest level in 9 years
In a survey mostly taken before the Nov. 8 election, the strength of the rebound over October’s numbers surprised economists.
Posted inBusiness, Local & State, News
Personal incomes grow in Maine metro areas, but still lag rest of the nation
The Portland region’s estimated total earnings rose 4.2% to nearly $26 billion in 2015, compared with 4.7 percent nationally, and every Maine county saw higher incomes.
Posted inBusiness
Wealthy recovered nicely from Obama’s 2013 tax hikes, study suggests
Research indicates the increases didn’t slow their income growth or the economy, findings that are relevant to the presidential campaign.
Posted inBusiness
U.S. economy strong, but challenges await the next president
Turmoil could come in the form of Brexit disruptions, higher interest rates and an unhappy middle class.
Posted inBusiness
Federal Reserve looks ready to hold line on interest rates
Despite signals that it could order increases this week, the first since December, feeble economic data have led to caution.
Posted inBusiness, News
New U.S. claims for jobless benefits fall despite jolt of EU vote
Last week’s decline, a sign of business confidence, comes as the federal government prepares to release June jobs data.
Posted inBusiness
Higher gasoline prices fueled jump in inflation last month
The consumer price index rose 0.4% in April, a surge that supports a boost in interest rates by the Fed at its June meeting.