Economy


Trump to Unveil $1.5 Trillion Infrastructure Plan

President Donald Trump on Monday will unveil his long-awaited infrastructure plan, a $1.5 trillion proposal that fulfills a number of campaign goals but relies heavily on state and local governments…

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U.S. Jobless Claims Drop to Near 45-Year Low

The number of Americans filing for unemployment benefits unexpectedly fell last week, dropping to its lowest level in nearly 45 years as the labor market tightened further, bolstering expectations of…

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Trump to Tout ‘America First’ at Davos Summit

President Donald Trump arrived in Switzerland on Thursday to attend the World Economic Forum where he will push his “America First” agenda and seek more fair, reciprocal trade between the…

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Israeli Gov’t Approves 2019 State Budget

The government approved the 2019 state budget in an early-morning session Friday. The budget will stand at NIS 397.3 billion ($117 billion), and includes numerous social reforms, including a shortened…

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Car Sales Slow in 2017

After six years, the upward trend in Israeli car sales has been reversed. A total of 281,563 vehicles were delivered in 2017, 1.8 percent fewer than in 2016. December, usually…

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Gov’t Again Touts Artificial Islands

The government on Sunday approved the appointment of a committee that will study the feasibility of setting up artificial islands off the coast of Israel. The committee has 180 days…

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