Economic News
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Stocks drift lower and oil prices ease ahead of planned US-Iran talks
Stocks drifted mostly lower on Wall Street and oil prices slipped ahead of planned U.S.-Iran talks following a shaky ceasefire agreement
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War in Iran sends inflation soaring and the mood of American consumers plunging
The largest monthly jump in gas prices in six decades caused a sharp spike in inflation in March, creating major challenges for the inflation-fighters at the Federal Reserve and heightening the political challenges of rising costs for the White House
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Federal court hears new case against Trump's latest global tariffs
The centerpiece of President Donald Trump’s economic policy — sweeping taxes on global imports — is under legal assault again
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Energy prices that spiked due to war in Iran push inflation to the biggest increase in four years
Energy prices that spiked due to war in Iran push inflation to the biggest increase in four years
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Irish fuel protests enter fourth day as government seeks to head off shortages, open blocked roads
Protests over high fuel prices in Ireland have entered a fourth day, sparking concerns about fuel shortages and emergency services as demonstrators clogged roads and blocked access to refining and distribution sites around the country
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China's car exports surge as expectations grow for EV pivot on Iran war energy shock
The China Association of Automobile Manufacturers says Chinese exports of passenger cars have accelerated in March
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USPS to suspend pension contributions, seeks 4-cent stamp price hike
The U.S. Postal Service has decided to temporarily suspend its contributions to Federal Employees Retirement System annuities
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IMF chief warns that Iran war will slow global economic growth
The head of the International Monetary Fund says the war in Iran is darkening the outlook for the world economy, and that's the case whether or not a fragile ceasefire holds
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Key inflation gauge remains elevated in February before Iran war
A key measure of inflation stayed high in February, before the war in Iran spiked gas prices, a sign that everyday costs were elevated even before the conflict began
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US economy grew a sluggish 0.5% in fourth quarter, government says, downgrading previous estimate
The American economy, slowed by last fall’s 43-day government shutdown, grew at a sluggish 0.5% annual pace from October through December, the Commerce Department reported Thursday in downgrade of its previous estimate
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