Economic News
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US filings for jobless aid jump to 219,00 last week but remain within stable range of past few years
U.S. applications for unemployment benefits rose last week before Iran, Israel and the U.S. announced a two-week ceasefire deal that injected a degree of optimism into a still-clouded global economic picture
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More Federal Reserve officials see possible rate hikes this year, minutes show
More Federal Reserve policymakers were willing to consider an interest rate hike this year at their March meeting than in January, as higher gas prices stemming from the Iran war threatened to worsen inflation in the coming months
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Southwest Airlines, once known for its free bags perk, hikes fees amid higher jet fuel costs
Southwest Airlines said Wednesday it is raising its checked baggage fees by $10 less than a year after ending its famous “bags fly free” policy
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Mexico’s president weighs fracking to curb reliance on US natural gas
Mexican President Claudia Sheinbaum has announced plans to tap into unconventional natural gas deposits to reduce reliance on foreign energy
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In an uncertain environment for corporate giving, Liberty Mutual Foundation launches $600M endowment
Tariff-driven uncertainty, rising costs and tax law changes have prompted many companies to reconsider their strategies
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Inside a huge compound on Thailand-Cambodia border where 10,000 workers scammed people globally
Scam compounds have mushroomed across Southeast Asia since the pandemic
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Delta joins the growing list of US airlines raising checked bag fees as jet fuel costs soar
Delta Air lines is joining a growing list of U.S. carriers raising checked bag fees
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Vietnam elects Communist Party chief as president, echoing China's power structure
Vietnam has unanimously elected Communist Party leader To Lam as president, consolidating his control over both party and state
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Key Fed official sees possible rate hike amid higher gas prices, inflation concerns
A top Federal Reserve official said Monday that an interest rate hike could be appropriate if inflation remains persistently above the central bank’s 2% target, the latest sign that some policymakers are moving away from a bias toward reducing borrowing costs
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JPMorgan CEO Dimon: Iran war could reignite inflation and keep Fed rates higher for longer
JPMorgan Chase CEO Jamie Dimon warns that a resilient U.S. economy could face renewed inflation pressures if the war in Iran disrupts global energy markets
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