Economic News
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A boost for Moscow in the shadow of Iran war: US allows India to buy Russian oil for a month
The U.S. Treasury Department’s decision to allow India to buy Russian oil for 30 days underscores a boost for Moscow's fortunes against the backdrop of the Iran war as Russia's oil export earnings help pay for its own war against Ukraine
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Maine's catch of lobster declines again as high costs and climate change impact industry
Maine’s catch of lobsters has declined for the fourth straight year as the industry continued to grapple with soaring business costs, inflation and a changing ocean
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Employers unexpectedly cut 92,000 jobs last month and unemployment edges up to 4.4% with labor market under pressure
Employers unexpectedly cut 92,000 jobs last month and unemployment edges up to 4.4% with labor market under pressure
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Power slowly being restored in western Cuba as crews work at damaged plant
Swaths of Cuba remain without power nearly a day after a massive blackout hit the western part of the island in the latest outage blamed on a fragile electric grid and a lack of fuel
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Demand for minerals to power technology could triple by 2030, UN political chief says
The United Nations political chief says demand for critical minerals that power technology from smartphones to missiles could triple by 2030 and quadruple by 2040
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Stocks drop after oil spikes to its highest price since the summer of 2024
U.S. stocks sank after the price of oil spiked to its highest level since 2024
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More than 20 states sue over new global tariffs Trump imposed after his stinging Supreme Court loss
Some two dozen states are challenging President Donald Trump’s new global tariffs in court
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PWHL Players Association strengthens voice by affiliating with AFL-CIO and its 15 million workers
Women’s hockey players have taken the next major step to strengthen their voice in shaping the Professional Women’s Hockey League’s future by affiliating with the AFL-CIO
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More than 20 states sue over new global tariffs Trump imposed after Supreme Court loss
More than 20 states sue over new global tariffs Trump imposed after Supreme Court loss
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US jobless claims filings unchanged from previous week at 213,000 as layoffs remain low
The number of Americans applying for unemployment benefits last week was unchanged from the week before, a sign that layoffs remain at historically low levels
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