Economic News
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Iran threatens to halt Mideast energy exports after US reimposes a blockade and intensifies strikes
The U.S. has reimposed a naval blockade on Iran and intensified its airstrike campaign in retaliation for Tehran’s attacks on ships trying to pass through the Strait of Hormuz
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World shares are mixed and oil prices climb as Iran threatens to block Middle East energy exports
World shares are mixed and oil prices have climbed after Iran threatened to block Middle East energy exports now that the U.S. has resumed its blockade of Iranian ports
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26 Meta employees sue, alleging AI-driven layoff picks hit workers on medical and parental leave
A group of 26 Meta employees has sued the company, claiming it used artificial intelligence systems that disproportionately targeted those on medical or family leave for layoffs
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US reimposes its blockade on Iran after Tehran's attacks on ships in the Strait of Hormuz
The U.S. military has reimposed its blockade of Iranian ports in response to Iran’s attacks on commercial ships in the Strait of Hormuz
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CORRECTS: China says its economy grew 4.3% in the last quarter from a year earlier, slowing from 5% in Jan-March
CORRECTS: China says its economy grew 4.3% in the last quarter from a year earlier, slowing from 5% in Jan-March
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As US reimposes naval blockade, Iran's paramilitary Revolutionary Guard threatens to halt Mideast energy exports
As US reimposes naval blockade, Iran's paramilitary Revolutionary Guard threatens to halt Mideast energy exports
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China says its economy grew 4.3% in the April-July quarter from a year earlier, slowing from the strong 1st quarter
China says its economy grew 4.3% in the April-July quarter from a year earlier, slowing from the strong 1st quarter
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Senators rally to Russia sanctions bill, one of Graham's top priorities
Sen. Lindsey Graham’s pursuit of a Russia sanctions bill has taken on a renewed sense of urgency following his death
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US stocks rise after data shows slowing inflation, even as IBM plunges
Stocks rose after a report showed U.S. inflation was not as bad last month as economists expected
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Banks rake in big profits as both Wall Street and the US consumer stay strong
Five of the biggest U.S. banks reported record profits on Tuesday, boosted by their trading desks and a remarkably resilient American consumer amid persistent global economic uncertainty
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