In economic news:

From December 2017 to March 2018, gross job gains from opening and expanding private-sector establishments were 7.4 million, according to new Bureau of Labor Statistics numbers. Over this period, gross job losses from closing and contracting private-sector establishments were 6.7 million. The difference between the number of gross job gains and the number of gross job losses yielded a net employment gain of 740,000 jobs in the private sector during the first quarter of 2018.

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