Economy
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U.S. inflation rises 0.1% in May from prior month, less than expected
Consumer prices rose less than expected in May as President Donald Trump’s tariffs had yet to show significant impact on…
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World Bank sharply cuts global growth outlook on trade turbulence
Cargo shipping containers are loaded with cranes on container ships at the Burchardkai container terminal at the harbour of Hamburg,…
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Bulgaria is set to join the euro zone. But its citizens aren’t convinced
A person beats a drum with the euro logo crossed out in red on the drumhead during a demonstration against…
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CEO recession expectations decline from April scare, survey says
Alexander Spatari | Moment | Getty Images Business leaders are walking back recessionary expectations for the U.S. that initially spiked…
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Inflation fears receded in May as Trump eased some tariff threats, New York Fed survey shows
Fruit and vegetables are seen at a Walmart supermarket in Houston, Texas, on May 15, 2025. Ronaldo Schemidt | Afp…
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U.S. payrolls increased 139,000 in May, more than expected; unemployment at 4.2%
Hiring decreased just slightly in May even as consumers and companies braced against tariffs and a potentially slowing economy, the…
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Russia lowers interest rates to 20% in first cut since 2022 as inflation pressures ease
A Moscow shopping mall pictured earlier this year. Anadolu | Anadolu | Getty Images Russia’s central bank on Friday cut…
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The world could be facing another ‘China shock,’ but it comes with a silver-lining: Cooler inflation
Singapore-based online grocery retailer Webuy staff is offloading containers filled with goods shipped from China. SINGAPORE — Vincent Xue runs…
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Friday’s jobs report likely will show hiring cooled in May. Here’s what to expect
A “We’re Hiring” sign at a NC Department of Adult Correction booth at a job and resource fair hosted by…
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Corporate layoffs have ramped up in recent weeks. Here are the companies making cuts
Layoffs are illustrated by an oversized pair of scissors, that looms over seven workers sitting in office chairs suspended by…
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