Economic News
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US employers scaled back hiring in April. How that could let the Fed cut interest rates
The nation’s employers pulled back on their hiring in April but still added a decent 175,000 jobs in a sign that persistently high interest rates may be starting to slow the robust U.S. job market
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E-waste is overflowing landfills. At one sprawling Vietnam market, workers recycle some of it
The world is producing more electronic waste than ever — 62 million metric tons in 2022
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Apple's quarterly iPhone sales plunge 10%, but stock price surges on dividend, stock buyback news
Apple has posted its steepest quarterly decline in iPhone sales since the pandemic’s outset
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The Fed indicated rates will remain higher for longer. What does that mean for you?
The Federal Reserve’s decision Wednesday to keep its benchmark rate at a two-decade high should have ripple effects across the economy
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Number of Americans applying for jobless claims remains historically low
The number of Americans applying for unemployment benefits was unchanged last week and remains historically low as the labor market continues to show resiliency in the face of high interest rates and elevated inflation
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Czech central bank cuts a key interest rate again with inflation down and the economy on the mend
The Czech Republic’s central bank has cut its key interest rate for the fourth straight time as inflation dropped and the economy has shown signs of recovery
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Stock market today: Asian markets follow Wall Street swings after Fed keeps interest rates high
Asian markets are wobbling in early trading after U.S. stocks swung to a mixed finish with the Federal Reserve delaying cuts to interest rates
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Pro-Palestinian banners. Blazing Olympic rings. Workers' May Day rallies confront turbulent times
Workers and activists around the world are marking May Day with largely peaceful rallies against rising prices and calling for greater rights
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Federal Reserve says interest rates will stay at two-decade high until inflation further cools
The Federal Reserve emphasized that inflation has remained stubbornly high and said it doesn’t plan to cut interest rates until it has “greater confidence” that price increases are slowing sustainably to its 2% target
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DoorDash posts better-than-expected Q1 sales but shares fall on cost concerns
DoorDash reported higher-than-expected revenue in the first quarter as strong growth in U.S. grocery orders helped make up for slowing restaurant demand
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