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Economics

How to get hired for the Trump White House

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AFTER DONALD TRUMP won the presidential election in 2016—when he was a former television star rather than a former president—he managed the White House transition as if it were a high-stakes episode of “The Apprentice”. Aspiring cabinet members arrived at his eponymous tower in New York and walked past television cameras for interviews with the president-elect. Kanye West even made an appearance. This time Susie Wiles, Mr Trump’s campaign manager and his future chief of staff, has led an orderly, low-key process. Mr Trump’s deliberations at Mar-a-Lago in Florida are occasionally punctuated by announcements on social media. Applicants are skittish about discussing their job search publicly, but some patterns have emerged. As of November 12th several publications were reporting that Marco Rubio would become secretary of state. How does one go about getting hired by Mr Trump?

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Economics

Back to the 1850s

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Immigrant voters may have won America’s presidential election for the nativist candidate

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Economics

The promise Donald Trump is sure to keep

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Donald Trump’s politics are so elastic that it is impossible to be certain what he means when he promises, as he did on election night, to “govern by a simple motto: promises made, promises kept”. Will he judge himself a failure if he does not end the war in Ukraine before he takes office?

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Economics

Wholesale prices rose 0.2% in October, in line with expectations

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Wholesale prices nudged higher in October, though largely in line with expectations and consistent with the Federal Reserve cutting interest rates again in December, the Bureau of Labor Statistics reported Thursday.

The producer price index, which measures what producers get for their products, increased 0.2% for the month, up one-tenth of a percentage point from September though matching the Dow Jones consensus forecast. On a 12-month basis, headline wholesale inflation was at 2.4%.

Excluding food and energy, core PPI rose 0.3%, also one-tenth more than September and also matching expectations. The 12-month rate was at 3.1%.

This is breaking news. Please check back for updates.

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