Economic News
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IRS did better than expected in tax season after slashing staff, except on the phone, watchdog says
The national taxpayer advocate says the IRS did better than expected in issuing refunds during the 2026 tax season despite massive cuts to its workforce
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Premier says China’s tech advancements an 'opportunity' for the world, not a threat
China’s premier has defended the country's technological advancements as an opportunity for the world, not a threat
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Archaeologists find huge Viking textile production site in Denmark
Archaeologists say they have discovered a huge Viking Age textile production site in Denmark that dates back more than 1,000 years and underlines the sophistication of Viking society
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Trump heads to battleground Pennsylvania but keep focuses on himself ahead of midterm elections
President Donald Trump visited a Mack Trucks facility in Pennsylvania, for a speech meant to focusing on the economy
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Sharp drops in Big Tech companies pull indexes mostly lower on Wall Street
Pullbacks in big technology companies sent indexes lower on Wall Street
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Donors gave U.S. charities $617 billion in 2025, according to the new Giving USA report
Philanthropic donations in the U.S. rose to $617 billion in 2025, marking a 3% increase from the previous year
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The Strait of Hormuz's future is unsettled even as more ships venture through
Ship traffic has picked up in the Strait of Hormuz since Iran and the U.S. signed an interim deal to end a war that's constricted global oil supplies
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Qatar says gas export terminal blast killed 13 as workers tried to resume operations
Qatar’s energy minister says an explosion killed at least 13 people and injured 66 at a key gas export terminal
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Warsh's gamble: A quieter Federal Reserve could mean volatile markets, higher rates
The Federal Reserve has for decades moved steadily from a remote, opaque government agency that shared little about what it did or why to a more transparent institution willing to explain how it makes decisions and what it thinks about the economy
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Britain's economic woes fuel discontent with Brexit a decade after historic vote to leave EU
Simon Boyd’s firm makes prefabricated steel structures on the south coast of England and ships them to customers as far away as Ghana and Barbados
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