Economic News
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China's exports in December grew 10.7%, beating estimates as higher US tariffs loom
China’s exports in December grew at a faster pace than expected, as factories rushed to fill orders to beat higher tariffs that U.S. President-elect Donald Trump has threatened to impose once he takes office
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Surging job market could prove costly for households, businesses as odds of quick rate cuts fade
U.S. hiring picked up unexpectedly in December as employers added 256,000 jobs, another sign of the economy’s resilience in the face of high interest rates
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Stock market today: Wall Street recoils after good news on the economy raises inflation worries
U.S. stocks dropped on worries that good news on the job market may prove to be bad for Wall Street by keeping inflation and interest rates high
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U.S. economy added a strong 256,000 jobs in December and the unemployment rate dipped to 4.1%
U.S. economy added a strong 256,000 jobs in December and the unemployment rate dipped to 4.1%
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UN predicts world economic growth at subdued 2.8% in 2025
The United Nations says the world economy resisted battering by conflicts and inflation last year and is expected to grow a subdued 2.8% in 2025
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Striking ski patrollers at the biggest US resort return to work claiming victory
Two hundred Utah ski patrollers have ended a nearly two-week strike and returned to work at the biggest ski resort in the U.S. The union representing Park City Mountain Resort ski patrollers is claiming victory after voting Wednesday to accept a deal negotiated with Vail Resorts, the Colorado-based owner
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Longshoremen reach tentative agreement with ports, shippers, averting a potential strike
U.S. longshoremen have reached a contract agreement with ports and shippers, averting a potential strike that could have damaged the American economy
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Service workers union rejoins AFL-CIO after 20 years just ahead of Trump's inauguration
The Service Employees International Union is rejoining the AFL-CIO after 20 years
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Puerto Rico's new governor appoints an energy czar to tackle the island's power crisis
Puerto Rico’s new Gov. Jenniffer González Colón has appointed an energy czar to help pull the U.S. territory out of a power crisis as chronic outages persist
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Stock market today: Wall Street holds firmer following Tuesday's slide
U.S. stock indexes held firmer and finished mixed a day after strong reports on the economy stirred up worries that inflation and interest rates may remain higher than expected
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