The economic landscape has presented an array of challenges that will profoundly affect the business community this year.
Category: 11 March 2025
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WHEN THE ECONOMY FALLS, JOBS GO WITH IT
The U.S. economy added 151,000 jobs in February, the U.S. Bureau of Labor Statistics reported on Friday. Employment was up in health care, financial activities, transportation and warehousing, and social assistance.
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ETHICAL CONCERNS MOUNT OVER TRUMP’S CRYPTO VENTURE
Donald Trump is facing a “fierce backlash” since he and his wife, Melania, each launched a meme coin days before he returned to the Oval Office. The venture has since brought in a $350-million windfall to the owners of the venture, chiefly Trump and his family members.
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PLAN FOR U.S. CRYPTO RESERVE DISAPPOINTS ENTHUSIASTS
Donald Trump’s executive order calling for the establishment of a U.S. strategic cryptocurrency reserve said the reserve would hold only digital assets forfeited to U.S. law enforcement agencies.
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NEW YORK OFFICE REAL ESTATE MARKET PERKS UP AS WORKERS RETURN
As New York City’s office workers acquiesce to companies’ demands that they return to central offices, Blackstone and other investors are prospecting for bargains in the city’s reviving office real estate market.
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THE U.S., LIKE CHINA, RIGGING ITS ECONOMIC NUMBERS
In a 2 March Fox interview, Commerce Secretary Howard Lutnick said he plans to remove government spending as a component of statistics about the U.S. gross domestic product.
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AI BRIEFS
The European Center for Medium-Range Weather Forecasts is considered to be the world’s best source of weather prognoses. Now those forecasts are even better.
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IN JANUARY, U.S. TRADE DEFICIT SET ANOTHER RECORD
January’s trade deficit soared 34 percent from December as American businesses stockpiled goods from other countries ahead of Donald Trump’s promised wave of stiff tariffs on all goods coming into the U.S.
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AI INVENTS A MATERIAL AS STRONG AS STEEL, LIGHT AS STYROFOAM
An AI at the University of Toronto has invented a lattice-structured nanomaterial that shows the strength of carbon steel but is as airy as Styrofoam.
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DEEPSEEK CLAIMS DAILY COST-PROFIT RATIO OF 545 PERCENT
DeepSeek, the Chinese AI start-up that shocked the industry in January by claiming a world-class AI was built for a sliver of what Western developers have spent, now says its V3 and R1 models show a cost-profit ratio as high as 545 percent every day.
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