Economic News
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US will exit 66 international organizations as it further retreats from global cooperation
The Trump administration will withdraw from dozens of international organizations, including the U.N.’s population agency and the U.N. treaty that establishes international climate negotiations
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Farmers drive tractors through Paris and block highways in Greece to protest free trade deal
Dozens of angry farmers have demonstrated in France and Greece, halting traffic and blocking roads with tractors to protest European Union plans to move forward with a free trade deal with five South American nations
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China and Japan, uneasy neighbors in East Asia, are at odds again
They’re at it again
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Slightly more Americans file for jobless benefits in the last week of 2025, but layoffs remain low
U.S. filings for unemployment benefits rose in the last week of 2025 but remain historically low, despite signs that the labor market is weakening
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US applications for jobless benefits rise last week to 208,000, in line with forecasts
US applications for jobless benefits rise last week to 208,000, in line with forecasts
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China to probe Meta's acquisition of artificial intelligence startup Manus
China's commerce ministry says it plans to investigate Meta's acquisition of AI startup Manus
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Trump proposes massive increase in 2027 defense spending to $1.5T, citing 'dangerous times'
President Donald Trump is proposing setting U_S_ military spending at $1_5 trillion in 2027, citing “troubled and dangerous times.”
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Wall Street's strong start to the year slows
Wall Street’s strong start to the year slowed
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EU pushes forward long-discussed free trade deal with South America
The European Union is renewing negotiations for a free trade agreement with five South American nations neighboring Venezuela
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Job openings slide to 2nd lowest level in 5 years as hiring remains sluggish
U.S. employers posted far fewer jobs in November than the previous month, a sign that employers aren’t yet ramping up hiring even as growth has picked up
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