Economic News
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China's economy grows at 5% in first quarter, shrugging off initial impact of Iran war
China’s economy accelerated in the first quarter of this year, expanding 5% from a year earlier as it largely shrugged off impacts from the Iran war so far
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The 'becoming Chinese' meme shows China's soft power moment is here
Young Western social media users are embracing a “very Chinese time” of their lives, and China’s government is keen to use this moment to boost the country’s cultural influence worldwide
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New York City apartment building workers authorize a possible strike as contract talks stall
Thousands of New York City apartment building doorpersons, superintendents and other workers have approved a potential strike in the coming days
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Wall Street hits a record as S&P 500 continues its 2-week rally on hopes for an end to the Iran war
U.S. stocks have hit a record following their big rally over the last two weeks
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BBC will cut up to 2,000 jobs to reduce costs by about 10%
The BBC plans to cut up to 2,000 jobs to save 10% of its annual budget
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BofA's trading desk avoided a single daily loss in Q1 amid market turmoil
Recent market volatility, partly due to the War in Iran, continues to boost Wall Street profits
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Snapchat owner cuts 16% of global staff in latest round of job cuts
Snap Inc., the owner of Snapchat, is cutting about 16% of its global workforce, which means around 1,000 jobs
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Carney suspends Canada's fuel tax in first act after securing a majority government
Canadian Prime Minister Mark Carney has suspended the fuel tax in response to the Iran war
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Wall Street rallies to the edge of its all-time high as oil prices ease
U.S. stocks rallied to the edge of their all-time high, and crude oil prices eased as hopes climbed that the United States and Iran may try again on talks to end their war
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The Walt Disney Co. begins laying off 1,000 employees
The Walt Disney Co. has begun layoffs expected to lead to 1,000 job cuts across the company
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