Economic News
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Carney eyes June deal for Canada to become EU associate member as Trump reshapes alliances
Canadian Prime Minister Mark Carney says he expects to conclude negotiations with the European Union in June on an unprecedented partnership that would make Canada the bloc’s first “associate member.”
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China’s factory activity slips as new export orders weaken
China's factory activity contracted in October, reversing the previous month's reboujnd
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Consensus looks elusive at G20 talks after European objections to Russia cancel group photo
Top diplomats from the Group of 20 largest world economies appeared far apart on critical global security issues as they began meeting in Atlanta
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Europe's economy brushes off energy shock from Iran war, shows moderate growth in Q3
Europe’s economy persevered with moderate growth in the third quarter despite higher oil prices from the US-Iran war, as gross domestic product increased by 0.4% over the quarter before
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Carney, top EU official push Canada associate membership and wider alliance against Trump threats
Canadian Prime Minister Mark Carney and the European Union’s top official pushed to make Canada the bloc’s first “associate member” and build a broader alliance open to other countries, warning that foreign economic pressure threatens their sovereignty as U.S. President Donald Trump wages a trade war against traditional allies
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Polymarket paused international trading after a security issue involving a third-party provider
Polymarket temporarily halted trading on its international platform Thursday due to a security incident involving a third-party provider
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The average 30-year US mortgage rate dips to 7.24%, the lowest level in more than a month.
The average long-term U.S. mortgage rate declined for the second straight week, falling to its lowest level in more than a month
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Strong growth and inflation paints mixed picture of economy days before midterm elections
The U.S. economy posted strong growth in the July-September quarter yet inflation remained stubbornly high last month, government reports showed Thursday, painting a mixed picture less than a week before midterm elections in which the uncomfortably high cost of living has become a central issue
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US economy grows at brisk 3.4% pace in third quarter on strong consumer spending and AI investment
The U.S. economy grew at a healthy 3.4% annual pace from July through September, accelerating from the second quarter on strong consumer spending and investment in artificial intelligence
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US unemployment claims slide to 194,000, the lowest since mid-July
The number of Americans applying for unemployment claims dipped last week to 194,000 — lowest since mid-July — as layoffs remain low and most Americans enjoy job security
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