Trump once called the jobs report ‘one of the biggest hoaxes in modern politics’ — now he accepts ‘those numbers very proudly’

President Donald Trump said on Wednesday that he has seen the light when it comes to the unemployment and jobs numbers. For years, Trump attacked the Bureau of Labor Statistics’ reports on the US labor market, but now that he is in charge he’s singing a different tune. Here’s what Trump said at a meeting with business leaders at the White House on Wednesday: “And when we got those great reports, I kept saying, you know, those numbers — whether it’s 4.2, 4.3 — I said, for a long time they don’t matter. But now I accept those numbers very proudly. I say they do matter. But we’re doing very… Read More

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Sears is now selling appliances on Amazon (SHLD)

Sears is planning to start selling its Kenmore-branded appliances on Amazon, the company announced Thursday. Sears’ stock price soared more than 7% in premarket trading following the news. The move will lead to the broadest distribution of Kenmore products outside of Sears stores, and should give the company access to new customers. But it also gives shoppers one more reason not to visit Sears.com or Sears’ stores, which have been battling declining traffic for years. The deal will make Sears’ full line of Kenmore appliances available for purchase on Amazon, with Kenmore, Sears Home Services, and Innovel Solutions providing white-glove service for delivery, installation and extended product protection for a… Read More

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Women Are Better at Crowdfunding Than Men Are. This is Why

When it comes to crowdfunding, women take the cake. That’s according to a new report from PricewaterhouseCoopers LLP and The Crowdfunding Center, which found that women across the world are consistently more successful than men in reaching their funding targets. On a global scale, women are 32% more successful than their male counterparts, according to the study, which analyzed more than 450,000 seed crowdfunding campaigns across the globe. Women in Asia typically achieve twice as much success as men there. And North American women have a 23% success rate, compared to a 20% success rate for men. According to the study, crowdfunding helps level the playing field between men and… Read More

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Theresa May is now the most unpopular prime minister ever at this stage in her premiership

LONDON — Theresa May is now more unpopular than any other former British prime minister at this stage in their premiership, according to a new opinion poll released today. The Ipsos Mori /Evening Standard poll finds that May has a net satisfaction rating of minus 25%, which is lower than the pollsters have ever recorded for a prime minister just one month after a general election. May’s ratings are now worse than all of her predecessors at a similar stage in their premiership since the pollsters first started conducting polls in the 1970s. Her ratings are now 24 points lower than Jeremy Corbyn whose own ratings now stand at minus… Read More

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Fire at former ATI plant in Washington County

A former Allegheny Technologies Inc. facility in Washington County was damaged by a fire late Tuesday. The Observer-Reporter reported that the blaze included at least two transformers where electrical work was being done on the ATI facility in Houston, Pa. There also were burning electrical units in the back of the building. No one was hurt in the fire, according to the newspaper. The plant, which made stainless steel, permanently closed in 2002 and at one time employed about 500 people. …read more Source:: Pittsburgh Business News

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