Economic News
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As coal plants shut in Romania, some miners transition to green energy while others are reluctant
As Romania prepares to phase out coal by 2032, some miners are retraining for jobs in renewable energies
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Boeing reports $6 billion quarterly loss ahead of vote by union workers who have crippled production
Boeing reported a massive loss of more than $6 billion in its third quarter, dragged down by a work stoppage and charges tied to its commercial aircraft and defense programs
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Coca-Cola's profit and revenue slip, but are better-than-expected as product price hikes continue in the third quarter
Coca-Cola's profit and revenue slip, but are better-than-expected as product price hikes continue in the third quarter
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IMF's view: The global fight against high inflation is 'almost won'
The global war against inflation has largely been won — and at surprisingly little cost to economic growth, the International Monetary Fund has declared
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Taxpayers will get bigger standard deductions in 2025, but with smaller boosts than recent years
U.S. taxpayers will again see higher standard deductions for 2025, allowing them to shield more of their money from taxation on future returns
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Yellen says isolationism 'made America and the world worse off' in speech to global finance leaders
Treasury Secretary Janet Yellen says the U.S. economy has grown stronger because the Biden administration rejected isolationism, offering a barely veiled criticism of former President Donald Trump’s policies two weeks before the U.S. election
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Kaiser mental health workers go on strike in Southern California over staffing, workloads
More than 2,400 Kaiser Permanente psychologists, therapists, social workers and other mental health workers in Southern California have begun an open-ended strike over increased workloads and staffing shortages
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Public university protests escalate in challenge to Argentina's President Milei
A series of protests are expected to intensify across Argentina this week over a veto by President Javier Milei of a law that passed last month increasing funding for public universities
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Should the minimum wage be lower for workers who get tipped? Two states are set to decide
Voters in Arizona and Massachusetts are set to decide whether employers should be able to continue to pay tipped workers such as servers and bartenders a lower minimum wage than non-tipped workers
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Israel's wars are expensive. Paying the bill could force tough choices
On top of the grievous toll in human life and misery, Israel’s war against the Hamas and Hezbollah militant groups has been expensive
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