If Janet Yellen has her way, the Federal Reserve that she chairs is about to go from the center of the market’s universe to a mere afterthought. Investors might even welcome a boring Fed after a decade of hanging on every word out of the central bank. But for Yellen’s hope to become reality, a […]
Read morePresident Donald Trump wants to blow out the number of apprentices working for U.S. companies — but it doesn’t look like he’ll spend the money to do it. Apprenticeships blend on-the-job work with paid classroom instruction, and they usually last two to six years. The federal government has regulated and certified apprenticeships since 1937, but […]
Read moreThe Trump administration recently pointed to rising coal mining employment as a sign that the president’s “America First Energy Plan” is already bearing fruit. But many of those jobs might not actually exist. Administration officials are citing preliminary estimates of job gains, not hard numbers, as their proof that coal employment is already growing. But […]
Read moreThe competition for housing is heating up along with the summer temperatures and continuing to set new records. The average house sold in May went under contract in just 37 days, that’s the fastest reading since Redfin, a real estate brokerage, began tracking the market seven years ago. The previous record, set in April, was […]
Read moreAS the global financial system was engulfed in crisis in 2008-10, only one set of banks in Europe and North America stayed serene and safe: Canada’s big five lenders. They were largely untouched by the madness south of the border and across the pond and kept churning out profits. After the crisis experts went on […]
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