Economic News
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Judge blocks Trump from placing thousands of USAID workers on leave and giving them 30-day deadline
A federal judge has dealt President Donald Trump and billionaire ally Elon Musk their first big setback in their dismantling of the U.S. Agency for International Development, ordering a temporary halt to plans to pull thousands of agency staffers off the job
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A federal judge won't immediately block DOGE access to the US Labor Department
A federal judge won't immediately block Elon Musk’s team from accessing systems at the Labor Department
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US employers added 143,000 jobs in unspectacular January hiring and jobless rate fell to 4%
U.S. employers added just 143,000 jobs last month, but the jobless rate fell to 4% to start 2025
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Veterans Affairs deems more than 130 occupations ineligible for Trump's deferred resignation plan
Most nurses, doctors and other staff caring for military veterans through the Department of Veterans Affairs are not eligible for the Trump administration’s deferred resignation offer
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Trump pauses tariffs on millions of low-value packages from China
President Donald Trump has paused the imposition of tariffs on small-value packages arriving from China
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Battery firm abandons plan for a $2.6 billion plant in Georgia
A clean energy company is abandoning a plan to build a giant electric battery factory in Atlanta’s suburbs after it shifted to buy a solar panel plant in Texas
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Stock market today: Wall Street slumps as worries worsen about inflation and tariffs
U.S. stocks slumped as worries flared again on Wall Street about tariffs and inflation
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Amazon's Whole Foods asks agency to set aside the results of a union win at a Philadelphia store
Amazon-owned Whole Foods is asking the National Labor Relations Board to set aside the results of a union election that led to a labor win
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Trump administration orders federal agencies to provide lists of underperforming employees
President Donald Trump's administration has ordered all federal departments and agencies to provide lists of employees who are underperforming
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How the slash-and-burn tactics Musk brought to Washington backfired at Twitter
When Elon Musk bought Twitter in 2022, he laid off thousands of employees, stopped paying rent and auctioned off coffee makers and office chairs in hopes of a big turnaround
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