Economic News
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Meta slashes 8,000 jobs, or 10% of its workforce, as Microsoft offers buyouts
In the latest round of tech industry job cuts, Meta is laying off about 8,000 workers and Microsoft is offering buyouts to a similar number
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Trump unveils deal with Regeneron to lower drug prices as part of most-favored-nation initiative
President Donald Trump has announced a deal with Regeneron to lower the cost of its pharmaceutical products
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Average US long-term mortgage rate slips to 6.23%, its third weekly drop
The average long-term U.S. mortgage rate dropped for the third week in a row, easing borrowing costs for prospective homebuyers as the spring homebuying season rolls on
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US jobless claim filings rise modestly to 214,000 last week, remain at historically healthy levels
The number of Americans filing for unemployment benefits inched up last week but remains within the historically healthy range of recent years
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Trump likes a naval blockade. But Iran presents big differences from Venezuela and Cuba
President Donald Trump has turned to naval blockades to pressure the governments of Venezuela, Cuba and now Iran to meet his demands
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Brazil's VP Alckmin, a negotiator of the Mercosur-EU deal, sees it as relief in a turbulent world
Brazil’s Vice President Geraldo Alckmin says the trade deal between South American bloc Mercosur and the European Union offers some solace at a time when unilateral moves have dominated the geopolitical landscape
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Samsung workers rally in South Korea, demanding higher pay and threatening to strike
Thousands of Samsung Electronics workers rally at its chip complex in Pyeongtaek, South Korea, demanding higher bonuses and threatening to strike
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Chemical leak at a West Virginia plant kills 2 people and sends 30 more to hospitals, officials say
Authorities say a chemical leak at a West Virginia plant has killed two people and sent about 30 others to the hospital, including one person in serious condition
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Canada's prime minister says the US does not get to dictate terms for a trade agreement
Canadian Prime Minister Mark Carney says that Washington cannot dictate the terms of the continental trade deal known as USMCA
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How Wall Street is setting records even with the Iran war still going on
It seems so illogical
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