Economy

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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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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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Do you really, really love your job? Then you're not alone, according to surprising results from this survey

Do you really, really love your job? Then you're not alone,...

Those surveyed showed a 78.9% rate of workers who "reported feeling positive at...

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North Sea oil and renewables: The UK’s next PM faces a defining energy policy decision

North Sea oil and renewables: The UK’s next PM faces a...

Andy Burnham could face an early test over North Sea oil drilling as energy shocks...

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Private payrolls rose by 98,000 in June, less than expected, ADP reports

Private payrolls rose by 98,000 in June, less than expected,...

Companies added slightly fewer workers than forecast, with hiring targeted heavily...

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World Cup could boost the June jobs report by 40,000, Goldman estimates

World Cup could boost the June jobs report by 40,000, Goldman...

Nonfarm payrolls are projected to post a gain of 115,000, according to the Dow Jones...

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Europe wants to rebalance trade with Beijing, but can't quit Chinese air conditioners

Europe wants to rebalance trade with Beijing, but can't...

A historic heat wave has driven unprecedented demand for Chinese-made air conditioners...

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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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Trump claims Iran deal is 'unconditional surrender,' says his power has 'no limits': Axios

Trump claims Iran deal is 'unconditional surrender,' says...

Trump said in an interview with Axios on Thursday evening stateside that he negotiated...

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Hormuz relief may not ease the economic toll that's already 'baked in,' analysts warn

Hormuz relief may not ease the economic toll that's already...

Early signs of reopening of the Strait of Hormuz have lifted the most acute threat...

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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...

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China widens Japan export curbs, targeting drone makers, nuclear firms and defense institutes

China widens Japan export curbs, targeting drone makers,...

China blacklisted four of Japan's government defense research institutes and placed...

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Christine Lagarde leaves door open to early ECB exit, as she mulls French politics

Christine Lagarde leaves door open to early ECB exit, as...

The European Central Bank's Christine Lagarde has declined to rule out an early...

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Three Iranian tankers exit U.S. blockade for first time in months as shipowners eye Hormuz in 'wary disbelief'

Three Iranian tankers exit U.S. blockade for first time...

At least three Iranian tankers carrying nearly five million barrels of crude oil...

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UK inflation holds steady at 2.8% in May

UK inflation holds steady at 2.8% in May

The Bank of England is due to update its monetary policy on Thursday.