A panel of federal judges ruled Thursday that US President Donald Trump’s sweeping 10% tariffs on most imports are unlawful, another major legal blow to the centerpiece of the Republican president’s economic agenda — which has failed to produce the manufacturing boom he repeatedly promised on the campaign trail. The Court of International Trade (CIT) found in a 2-to-1 ruling that Trump…
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If it had not been stopped at an Israeli military checkpoint in the West Bank, the garbage truck carrying more than 70 Palestinian laborers seeking work would likely have been able to enter Israel without incident. But on April 13, the driver was held outside the Israeli settlement of Ariel for failure to carry a license fit for the vehicle, and upon further inspection…
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As workers around the world celebrate and recognize their efforts on May 1 — known globally as May Day or International Workers’ Day and celebrated in Palestine as Labor Day — this day passes in Palestine under a harsh economic reality that reflects a deepening crisis in the labor market and unprecedented levels of unemployment. According to data from the Palestinian Central Bureau of…
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On a February morning in 2024, a little-known agency in Rockland County held a public hearing on a proposed subsidy for the expansion of a JPMorganChase data center in Orangeburg, near the New Jersey border. In return for nearly $77 million in tax breaks, the project promised to create exactly one permanent job. No one showed up. After 20 minutes of silence, an agency official called the…
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A new monthly jobs report from the Bureau of Labor Statistics (BLS) points to troubling signs for the so-called “Trump Economy.” According to the agency’s February jobs report, which was released late last week, the total number of jobs in the U.S. dropped by 92,000 for the month. The BLS report also included updates for the previous two months, showing downward revisions of 65,000…
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President Donald Trump is boasting about the economy one year into his term. He claims that inflation has been defeated, growth is unprecedented, incomes are rising, and his tariffs are generating hundreds of billions for the U.S. economy. This is all hogwash, according to progressive economist Gerald Epstein, a leading global authority on macroeconomic policy and finance.
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