Economic News
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Biden has an eye on China as he heads to South Korea, Japan
President Joe Biden's six-day trip to South Korea and Japan aims to build rapport with the Asian nations’ leaders
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World shares sink after inflation driven retreat on Wall St
Shares have declined in Europe and Asia after a broad retreat on Wall Street driven by worries over the impact of persistent high inflation on corporate profits and consumer spending
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New Zealand hands out extra cash to fight 'inflation storm'
New Zealand’s government says it will hand out an extra few hundred dollars to more than 2 million lower-income adults to help them navigate what it describes as “the peak of the global inflation storm.”
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Biden has an eye on China as he heads to South Korea, Japan
President Joe Biden's six-day trip to South Korea and Japan aims to build rapport with the Asian nations’ leaders
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North Korea's suspected COVID-19 caseload nears 2 million
North Korea has reported 262,270 more suspected COVID-19 infections as its pandemic caseload nears 2 million
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Asian shares track Wall Street's inflation-fueled retreat
Shares are sharply lower in Asia after a broad retreat on Wall Street
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Japan records trade deficit as imports surge on energy costs
Japan has recorded a trade deficit in April as imports ballooned 28% as energy prices soared while the yen remained weak
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Consumers shift again, flummoxing big retailers like Target
The pandemic vastly changed the way Americans spend money and now as they return to pre-pandemic behavior, they’re tripping up retailers again
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EXPLAINER: Why is Wall Street close to a bear market?
The bears are rumbling toward Wall Street
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Biden invokes Defense Production Act to boost baby formula production, authorizes flights to bring imports from overseas
Biden invokes Defense Production Act to boost baby formula production, authorizes flights to bring imports from overseas
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