Economic News
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Lula’s win in Brazil bucks a regional shift to the right and denies Trump a powerful ally
Brazilian voters have denied Latin America’s resurgent right its ultimate prize
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5 things to watch from the Federal Reserve's next meeting
Federal Reserve policymakers are likely to keep their key interest rate unchanged Wednesday when they finish what may seem like an uneventful meeting
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Carney says Trump moving closer to Canada’s trade demands as midterms loom
Canadian Prime Minister Mark Carney says trade talks with the United States have intensified slightly but Canada is holding firm on its demands, insisting any progress is because Washington is moving closer to Ottawa’s position
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Microsoft offers a quarter of its global workforce voluntary buyouts as AI spending accelerates
Microsoft has offered 60,000 employees, or about 27% of its global workforce, voluntary buyouts as the software giant spends heavily on artificial intelligence
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Trump failed to stop inflation. Now Republicans may pay the price in the midterm elections
One week before midterm elections, President Donald Trump is struggling to deliver on his promise to bring down costs
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Home sellers are lowering their price and helping buyers to make a deal in a stagnant market
A stagnant housing market hampered by surging mortgage rates, years of soaring home prices and an economy undercut by rising inflation has many sellers stuck in limbo as homes go months without an offer
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Trump announces at a Georgia campaign rally that Audi will build a new auto factory in the state
President Donald Trump has announced that Audi will build a new auto factory in Georgia
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First tanker of Russian diesel sets sail for the US in Trump's controversial deal with Putin
The Kremlin says that a first tanker carrying Russian diesel to the United States has set sail under a new import agreement
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Trump, seeking to help Maine Sen. Susan Collins, exempts some Canadian imports from his 50% tariffs
President Donald Trump is exempting some imports — including plywood sheets, packing crates and some machinery — from the 50% tariffs he slapped on $20 billion worth of Canadian products over the summer
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American Express profits rise; company plans to cut workforce by 5%, or about 3,500 employees
American Express profits have risen sharply in the third quarter as it transitions most members to a higher-fee Platinum Card
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