Economy

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Inflation hits 3.2% in the euro zone as Iran war pushes energy costs higher

Inflation hits 3.2% in the euro zone as Iran war pushes...

Energy costs in the region surged by an annual rate of 10.9% in May.

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Job openings in April surged to 7.6 million, the highest in nearly two years

Job openings in April surged to 7.6 million, the highest...

The Bureau of Labor Statistics reported that available employment hit 7.6 million...

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U.S., Iran intensify attacks as ceasefire frays, peace talks stall

U.S., Iran intensify attacks as ceasefire frays, peace...

Iran's IRGC reportedly denied responsibility for the Kuwait airport attack, the...

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U.S. proposes fresh tariffs on 60 economies over forced labor trade practices

U.S. proposes fresh tariffs on 60 economies over forced...

USTR has proposed a 10% duty rate for economies that have adopted a full or partial...

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Private payrolls grew by 122,000 in May, stronger than expected, ADP reports

Private payrolls grew by 122,000 in May, stronger than...

Unlike prior months, where job growth was concentrated in healthcare and a few other...

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Factory job cuts in June neared financial crisis and Covid levels, S&P says

Factory job cuts in June neared financial crisis and Covid...

Though the firm's manufacturing index ran better than expected for June, it came...

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U.S. issues sweeping Iran oil sanctions waivers, unlocking billions in revenue for Tehran

U.S. issues sweeping Iran oil sanctions waivers, unlocking...

The U.S. issued a sweeping rollback of sanctions on Iranian oil, offering Tehran...

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Household worries over finances hit highest level since July 2022, New York Fed survey shows

Household worries over finances hit highest level since...

While the central bank's monthly survey showed the inflation outlook mostly unchanged,...

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The May inflation numbers are due out Wednesday morning. Here's what to expect

The May inflation numbers are due out Wednesday morning....

If the Wall Street consensus is correct, the consumer price index is expected to...

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Energy prices take center stage as the ECB prepares to decide on rates

Energy prices take center stage as the ECB prepares to...

The ECB is expected to raise rates by 25 basis points as higher energy prices drive...

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Consumer prices rose 4.2% annually in May, highest in three years

Consumer prices rose 4.2% annually in May, highest in three...

The consumer price index was expected to show a 4.2% gain from a year ago, according...

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ECB hikes interest rates for first time since 2023 as Iran war ramps up energy costs

ECB hikes interest rates for first time since 2023 as Iran...

The European Central Bank also raised its inflation forecasts and cut its growth...

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Wholesale prices rose 1.1% in May, more than expected, on surge in energy

Wholesale prices rose 1.1% in May, more than expected,...

The producer price index was expected to increase 0.7% in May, according to the...

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A Chinese start-up's unfolding dilemma exposes cracks in Beijing's tech funding machine

A Chinese start-up's unfolding dilemma exposes cracks in...

While the U.S. channels support to tech winners indirectly via incentives, Chinese...

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UK economy shrank 0.1% in April as Iran conflict weighed on growth

UK economy shrank 0.1% in April as Iran conflict weighed...

U.K. GDP fell 0.1% in April as services activity declined and companies cited pressure...

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Struggling to find a job? Try looking in Nevada

Struggling to find a job? Try looking in Nevada

The sparsely populated state known for its world-class casinos and dry climate has...