Economic News
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US producer prices rose 0.2% last month on higher energy costs
U.S. wholesale inflation rose last month on higher energy prices
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Canada ready to buy more American products to appease Trump's tariff threat, ambassador says
Canada’s ambassador to Washington says Canada is prepared to buy more from the United States including its next fleet of submarines to appease President-elect Donald Trump's concerns about the U.S.-Canada trade deficit
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Company linked to Alex Jones doubles offer to buy Infowars after failed bankruptcy auction
A company linked to conspiracy theorist Alex Jones is now offering over $7 million to buy his Infowars platforms as part of Jones' bankruptcy
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China's exports in December up 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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