Consumer Spending Up, but Trump Grumbling About Fed Economic Policy Continues

Consumers increased their spending in October at the fastest pace in seven months, the Commerce Department said Thursday. The rosy economic report stand in stark contrast to what President Donald Trump has been saying about the economy in recent days as he continues to lambast his hand-picked Fed chairman.

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McConnell’s Year-End Wish: Getting Congress to Legalize Hemp

Pressed for time and pushed to move quickly on a border wall and criminal justice reform, the Senate’s top leader has his own priority in Congress’ lame-duck session: passing a farm bill that includes a full pardon for hemp, the non-intoxicating cousin of marijuana that’s making a comeback in his home state.

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Border Closure Caused Millions in Economic Losses, Troubling Businesses

A five-hour long closure of the U.S.-Mexico border in both directions Sunday due to mounting tensions over migrants seeking asylum in the U.S. resulted not only in the tear gassing of men, women and children in Mexico by U.S. Customs and Border Protection agents, but also led to millions in economic losses for a binational region with business ties that don’t stop at a border wall.

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