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January 19, 2017 3:18 AM Trump picks Sonny Perdue for agriculture secretary

Donald Trump has chosen former Georgia governor Sonny Perdue to be his secretary of agriculture, completing a protracted search with implications for how the president-elect plans to deliver on his promises to the army of rural voters widely credited with helping him win the election. A transition official confirmed the pick — the final traditional Cabinet 13

January 18, 2017 8:14 PM YELLEN: The Fed is close to its goals and expects to hike rates 'a few' times this year

Federal Reserve Board Chair Janet Yellen said the Fed is close to meeting its dual goals of full employment and price stability but can't be precise about the timing of interest-rate hikes. In a speech titled "The goals of monetary policy and how we pursue them," Yellen said she and most of her colleagues expect to raise interest rates "a few" times 11

January 17, 2017 7:45 AM Brexit Bulletin: A Clean Break

Prime Minister Theresa May will put Britain on the road out of the European Union’s single market on Tuesday, saying she doesn’t want a relationship that “leaves us half in, half out.” In a blow to businesses and banks, May will use a much-anticipated speech in London to explicitly say she expects to quit the bloc’s single market for goods and services 20

January 16, 2017 2:01 PM Hispanic Dems warn Latinos will be hit hard by ObamaCare repeal

Members of the Congressional Hispanic Caucus (CHC) warn that repealing ObamaCare without an appropriate replacement would disproportionately hurt Latino families. "First and foremost we need to protect and defend healthcare for the American people," Rep. Raul Ruiz (D-Calif.) told The Hill on Thursday. House Republicans on Friday passed a measure to begin 20

January 16, 2017 10:12 AM Trump team struggles for cohesion on tougher China policy

W,ASHINGTON: The incoming U.S. administration's tough talk against China has set the stage for showdowns on everything from security to trade and cyberspace, but contradictory signals are sowing uncertainty over how far President-elect Donald Trump is prepared to go in confronting Beijing. Highlighting the contested South China Sea as a potential flashpoint 12

January 12, 2017 7:58 AM Alphabet says balloons beat drones for internet delivery

The Google parent has shut down its Titan project Alphabet has shut down its Titan unit that was exploring the use of unmanned aerial vehicles for the delivery of internet services. The Google parent is instead focusing on its balloons-based Project Loon to deliver the Internet to remote areas. Google acquired in 2014 Titan Aerospace and the team from the drone 16

January 12, 2017 2:57 AM Sources: Chargers plan to announce move from San Diego to Los Angeles

Almost one year to the day that the Rams moved to Los Angeles, the Chargers now likely intend to do the same. The Chargers plan to announce as early as Thursday that they are moving to Los Angeles, ending a 55-year stint with San Diego and returning to their birthplace, league sources said. The Chargers played their inaugural season in Los Angeles in 1960 before 15

January 6, 2017 10:25 PM Job growth slows in 2016, but wages are rising

The U.S. economy finished 2016 with a slowdown in job growth but a surge in wage gains, a mixed picture that has come to mark President Obama’s stewardship of the nation’s long but relatively weak recovery from the Great Recession. Employers added 156,000 jobs in December — the 75th straight month of job creation and the longest stretch since record-keeping 21

January 6, 2017 9:26 PM U.S. job growth slows, but wages rebound strongly

WASHINGTON U.S. employment increased less than expected in December but a rebound in wages pointed to sustained labor market momentum that sets up the economy for stronger growth and further interest rate increases from the Federal Reserve this year. Nonfarm payrolls rose by 156,000 jobs last month, the Labor Department said on Friday. The gains, however 14

January 3, 2017 10:47 PM Shaming Firms That Export Jobs Has Worked For Trump So Far

Ford CEO Mark Fields addresses employees in Flat Rock, Mich., on Tuesday, about changing plans to build a new factory in Mexico. Ford and General Motors today both reacted to President-elect Donald Trump's continued criticism of U.S. companies manufacturing products in Mexico. Ford announced it would cancel its $1.6 billion plans to build a plant in San Luis Potosi 16