Economic News
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US stocks lose ground as war with Iran keeps pressure on oil prices
Wall Street’s losses deepened as the ongoing fallout from the war in Iran keeps pushing oil prices higher, ratcheting up inflationary pressure on the global economy
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Cracks emerged in a resilient US economy before war in Iran sent oil prices rocketing
Newly released data shows the U.S. economy was already showing signs of strain even before the launch of the Iran war, underscoring the risks that rising energy prices could pose
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Key inflation gauge worsened in January, before Iran war lifted gas prices
An inflation gauge closely monitored by the Federal Reserve moved higher in January in the latest sign that prices were persistently elevated even before the Iran war caused spikes in oil and gas costs
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US job openings rise to a better-than-expected 7 million despite sluggish labor market
U.S. job openings rose to nearly 7 million in January, better than expected at a time when the American labor market has looked sluggish
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Key inflation gauge worsened in January, before Iran war lifted gas prices
Key inflation gauge worsened in January, before Iran war lifted gas prices
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The US economy advanced at a sluggish 0.7% pace in Q4 of 2025, the government says in a big downgrade of first estimate
The US economy advanced at a sluggish 0.7% pace in Q4 of 2025, the government says in a big downgrade of first estimate
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Bessent will meet China's vice premier in Paris ahead of Trump's visit to Beijing
Treasury Secretary Scott Bessent will meet Chinese Vice Premier He Lifeng in Paris for trade talks that set the stage for President Donald Trump’s visit to Beijing
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Oil jumps to $100 per barrel and stocks sink worldwide with no clear end in sight for the Iran war
Worries about the war with Iran sent oil prices back to $100 per barrel and stocks sinking worldwide
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US applications for unemployment benefits inch down to 213,000 as layoffs remain stable
U.S. applications for unemployment benefits inched down modestly last week as layoffs remain at historically healthy levels despite a weakening job market
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US applications for unemployment benefits inched down to 213,000 last week as layoffs remain stable
US applications for unemployment benefits inched down to 213,000 last week as layoffs remain stable
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