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Apple (AAPL) IPhone Manufacturer Building Multibillion-Dollar Facility in the U.S.

US To Be New Home For Apple, Inc. (AAPL) iPhone Production? One of the primary pieces of Apple’s manufacturing chain is a company out of Taiwan named Foxconn. Foxconn has recently stated that it will open up a new research and development plant which will cost billions. The new plant will be located in Michigan, according to a report done on Sunday by the South China Morning Post. Michigan is a state with large political importance for Donald Trump, as promises of new jobs in the state are now being...

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What’s Employment Like On Wall Street?

Did you ever think about it before? Sure, we look for employment figures each month to get a handle on what the climate is for U.S. employment or unemployment for that matter but have you ever wondered what those figures look like for jobs on Wall Street? Even as the market surges to new highs, and investor sentiment follows suit, layoffs are happening. But it isn’t where you may initially think. According to reports from Johnson Associates, pay for Wall Street employees is down 5 percent...

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Democrats are Asking for a Tax on Outsourced Goods/Services

Some Democrats have called for large punishments on companies that choose to outsource jobs. The Senate Minority Leader Chuck Schumer of New York stated their plan to crackdown on outsourcing last Wednesday with other lawmakers including Sen. Debbie Stabenow of Michigan and Se. Joe Donnelly of Indiana. The program that the three are proposing would establish an American Jobs Security Council, which would effectively review purchases of American companies from foreign corporations to ensure the effect...

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Cheaper Oil Weakens U.S. Bus Services, Rail

A study by researchers at DePaul University reported that inexpensive gasoline is squeezing U.S. bus companies and the Amtrak passenger rail system that wage more consumers would welcome alternatives to driving for trips shorter than 400 miles. The study, released Tuesday, discovered nine metropolitan areas in the United States with populations over 700,000 now have no Amtrak passenger rail service or express bus service. For the last three years, eight of the 50 most traveled routes between...

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U.S. Labor Continues To Tighten, Autos Pressure Manufacturing

The amount of Americans filing for unemployment benefits dropped close to six-month lows last week, directing to a further firming labor market that could encourage the Fed’s plan to start trimming its A weakening automobile sector is, however, adding a dent to an otherwise optimistic economic outlook. On Thursday additional data on showed manufacturing output dropped last month as motor vehicle production declined. Auto manufacturers are reducing production among feeble sales that have created...

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Oil Moves High On Declining U.S. Crude Stocks

On Wednesday, oil prices moved higher, boosted by declining U.S. crude inventories, though markets were still constrained by a supply glut. The focus of the market was shifting to the release of official U.S. Energy Information Administration data on Wednesday for a further update on inventories. Brent crude futures were at $51.14 per barrel, gaining 34 cents, or 0.66 percent, from their previous close. U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $47.82 a barrel increased 27 cents,...

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U.S. Producer Prices See Largest Decline In 11 Months

In July, U.S. producers prices surprisingly dropped, notching in their largest decline in almost a year and directing to further moderation in inflation that could stall a Fed interest rate hike. Additional data on Thursday reported an advance in the amount of Americans filing for unemployment benefits last week. The trend in weekly jobless claims stayed consistent with a firming labor market. The Labor Department reported on Thursday its producer price index for final demand dropped 0.1 percent...

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Poll Results Lead To Japan PM Focusing On Regulatory Reforms

Japan's Prime Minister Shinzo Abe must prioritize regulatory reforms, according to economists in a monthly poll whose predictions show they remain negative on prospects for the rate of inflation to advance in coming years. After shifting his cabinet last week in an effort to save him from declining public support, Abe reported the economy is still at the top of his priority list. He reiterated that he would look to engineer a optimistic cycle of higher corporate profits, wages and prices. The...

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Today’s Top Trending Stocks – August 10, 2017

The Dow lost more than 100 points on Thursday as investors fretted over escalating tensions between the United States and North Korea. At 9:38 a.m. ET (1338 GMT) the Dow Jones Industrial Average .DJI was down 85.43 points, or 0.39 percent, at 21,963.27, the S&P 500 .SPX was down 10.31 points, or 0.42 percent at 2,463.71. Hopefully, it does not affect the performance of Luna Innovations Incorporated (NASDAQ:LUNA), Quorum Health Corp (NYSE:QHC), and Profire Energy, Inc. (NASDAQ:PFIE). Luna Innovations...

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Three Nasdaq Stocks To Watch Under $10

Three Nasdaq Stocks To Watch Under $10 Excitement surrounding the events leading up to troubles with North Korea. The stock market is on high alert after President Trump made comment to what U.S. President Harry S. Truman said before ordering the use of force on a nuclear level against Japan. In light of this, the broader markets took a turn to the red heading into the lunch hour and the CBOE Volatility index, which maps market fear, spiked. Despite this occurring, there were stocks that went...