Economic News
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PepsiCo's sales jump after it cuts prices
PepsiCo’s price cuts and some new products improved demand for its snacks in the first quarter
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AP Exclusive: Europe has 'maybe 6 weeks of jet fuel left,' energy agency head warns
The head of the International Energy Agency has warned that Europe has about six weeks of jet fuel left
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Former Meta contractor Sama to lay off more than 1,000 workers in Kenya
More than 1,000 workers in Kenya are facing layoffs after Meta ended its contract with the company Sama
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US jobless claims fall last week as layoffs remain low despite global economic uncertainty
U.S. applications for unemployment benefits fell last week, remaining in the range of the past few years even as the war in Iran continues to threaten the global economy
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Taiwan's chipmaker TSMC reports 58% jump in profit, warns about Iran war impacts
Taiwan’s chipmaker TSMC has reported a 58% jump in profit for the January-March quarter thanks to strong demand driven by the artificial intelligence boom even as the Iran war was driving up costs
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China's economy grows at 5% in first quarter, shrugging off initial impact of Iran war
China’s economy accelerated in the first quarter of this year, expanding 5% from a year earlier as it largely shrugged off impacts from the Iran war so far
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The 'becoming Chinese' meme shows China's soft power moment is here
Young Western social media users are embracing a “very Chinese time” of their lives, and China’s government is keen to use this moment to boost the country’s cultural influence worldwide
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New York City apartment building workers authorize a possible strike as contract talks stall
Thousands of New York City apartment building doorpersons, superintendents and other workers have approved a potential strike in the coming days
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Wall Street hits a record as S&P 500 continues its 2-week rally on hopes for an end to the Iran war
U.S. stocks have hit a record following their big rally over the last two weeks
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BBC will cut up to 2,000 jobs to reduce costs by about 10%
The BBC plans to cut up to 2,000 jobs to save 10% of its annual budget
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