Economic News
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US applications for jobless benefits highest since October 2021
The number of Americans applying for unemployment benefits last week rose to its highest level since October 2021, but the labor market remains one of the healthiest parts of the U.S. economy
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Stock market today: Asian shares slip following technology selloff on Wall Street
Asian shares have fallen after heavy selling of big-name tech stocks pushed benchmarks lower on Wall Street
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The pause on student loan payments is ending. Can borrowers find room in their budgets?
After a payment pause that has lasted more than three years, more than 40 million student loan borrowers will be on the hook for payments starting in late August
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Is it a 'skip' or a 'pause'? Federal Reserve won't likely raise rates next week but maybe next month
Don’t call it a “pause.”
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Persistent inflation, higher interest rates will weigh on global economy, OECD predicts
The global economy is bouncing back from an an energy price spike fed by Russia's invasion of Ukraine
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China trade tumbles in May, adding to signs economic recovery is slowing
China’s exports fell 7.5% from a year earlier in May and imports were down 4.5%, adding to signs an economic recovery is slowing
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Stock market today: Asian stocks mixed as Wall St inches toward bull market
Shares are mixed in Asia after a listless day on Wall Street amid a vacuum of market-moving data
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Saudi Arabia is slashing oil supply. It could mean higher gas prices for US drivers
Saudi Arabia says it will reduce how much oil it sends to the global economy
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World Bank offers dim outlook for the global economy in face of higher interest rates
The global economy is likely slowing sharply this year, hobbled by high interest rates, the repercussions of Russia’s invasion of Ukraine and the lingering effects of the coronavirus pandemic
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German factory orders dipped again as 2nd quarter started
Official figures show that German factory orders, an important indicator for Europe’s biggest economy, dipped in April after a big drop in March
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