Economy

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White House to pay TotalEnergies $1 billion to kill off East Coast wind farm projects

White House to pay TotalEnergies $1 billion to kill off...

The announcement comes as the Iran war disrupts global oil and gas supplies, making...

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Don't be fooled by the UK's pre-war inflation print — a 'brutal' surge could be coming 

Don't be fooled by the UK's pre-war inflation print — a...

The U.K. inflation rate stood firm at 3% in February, according to the latest figures from...

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Recession odds climb on Wall Street as economy shows cracks beneath the surface

Recession odds climb on Wall Street as economy shows cracks...

Economists have pulled up their risk assessments of a contraction amid heightened...

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CEOs are betting AI will augment work rather than displace all workers

CEOs are betting AI will augment work rather than displace...

Panelists at the Semafor World Economy conference said artificial intelligence can...

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Wholesale prices rose 0.5% in March, much less than expected despite war impact

Wholesale prices rose 0.5% in March, much less than expected...

The producer price index was expected to increase 1.1% in March, according to the...

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U.S. payrolls rose by 178,000 in March, more than expected; unemployment at 4.3%

U.S. payrolls rose by 178,000 in March, more than expected;...

Nonfarm payrolls were expected to increase by 59,000 in March, with the unemployment...

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Hormuz blockade could deepen world’s worst energy crisis — and risk a dangerous misstep

Hormuz blockade could deepen world’s worst energy crisis...

The U.S. naval blockade of the Strait of Hormuz threatens to halt more tanker traffic,...

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The March jobs report will be released on Friday. Here's what to expect

The March jobs report will be released on Friday. Here's...

The U.S. economy is projected to show job gains of 59,000 in March, with the unemployment...

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Elizabeth Warren demands answers on costs, economic impact of 'illegal and reckless war'

Elizabeth Warren demands answers on costs, economic impact...

The liberal Democratic firebrand ripped President Donald Trump, whom she said has...

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China suppliers warn of higher prices for Americans due to Strait of Hormuz closure

China suppliers warn of higher prices for Americans due...

The Iran war has stalled shipments of oil and its products through the Strait of...

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Why $4 a gallon gas prices won’t trigger Fed interest rate hikes — and could lead to cuts

Why $4 a gallon gas prices won’t trigger Fed interest rate...

While there's still plenty of uncertainty about where rates are headed, Wall Street...

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Private sector hiring totaled 62,000 in March, better than expected, ADP says

Private sector hiring totaled 62,000 in March, better than...

Private sector employment growth kept pace, but health care and construction continued...

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Consumer prices rose 3.3% in March, as energy prices spiked due to Iran conflict

Consumer prices rose 3.3% in March, as energy prices spiked...

The consumer price index was expected to show a 3.3% year-over-year gain in March,...

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Inflation gauge held sticky at 3% as U.S. headed into war with Iran, key Fed gauge shows

Inflation gauge held sticky at 3% as U.S. headed into war...

The gauge released Thursday offers the Federal Reserve a snapshot of conditions...