Economy
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Trade deficit fell by a record amount in April as demand dropped for imports
The U.S. deficit with its global trading partners tumbled by the largest amount on record in April as companies and…
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Most companies are already raising prices or plan to because of tariffs, data shows
Johnson & Johnson manufacturing facility in Wilson, North Carolina. Courtesy: Johnson & Johnson Data from the New York Federal Reserve…
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Fed ‘Beige Book’ economic report cites declining growth, rising prices and slow hiring
A store closing sign is displayed as customers shop during the last day of a store closing sale at a…
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Private sector hiring rose by just 37,000 in May, the lowest in more than two years, ADP says
Private sector job creation slowed to a near-standstill in May, hitting its lowest level in more than two years as…
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The euro zone is ready for a new member: Bulgaria
A worker counts Bulgarian Lev banknotes at a store in Sofia, Bulgaria, on Friday, March 29, 2024. Oliver Bunic/Bloomberg via…
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Job openings showed surprising increase to 7.4 million in April
Employers increased job openings more than expected in April while hiring and layoffs also both rose, according to a report…
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U.S. growth forecast cut sharply by OECD as Trump tariffs sour global outlook
Old Navy and Gap retail stores are seen as people walk through Times Square in New York City on April…
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Euro zone inflation falls to cooler-than-expected 1.9% in May, below ECB target
Shoppers buy fresh vegetables, fruit, and herbs at an outdoor produce market under green-striped canopies in Regensburg, Upper Palatinate, Bavaria,…
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People are cooking at home at the highest levels since the start of the pandemic, according to Campbell’s
A worker arranges cans of Campbell’s soup on a supermarket shelf in San Rafael, California. Getty Images Campbell’s has seen…
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Inflation rate slipped to 2.1% in April, lower than expected, Fed’s preferred gauge shows
Inflation barely budged in April as tariffs President Donald Trump implemented in the early part of the month had yet…
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