Economic News
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Trump White House says it's losing $19B-$26B a year in revenue as countries dodge tariffs
The Trump White House reports that countries are routing exports through third nations to avoid U.S. tariffs, causing tax revenue losses of $19 billion to $26 billion annually
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Wholesale price inflation slows last month as gas, food costs fall
Wholesale inflation dropped last month as gas prices reversed some of their Iran war spike and other costs also cooled, a sign that consumer inflation could grind lower in the months ahead
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Producer price inflation slowed last month in latest sign of cooling price pressures
Producer price inflation slowed last month in latest sign of cooling price pressures
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US applications for unemployment benefits rose to 209,000 last week but layoffs remain at historically healthy levels
US applications for unemployment benefits rose to 209,000 last week but layoffs remain at historically healthy levels
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Ex-Chinese Premier Zhu Rongji, who drove economic reforms and led China into the WTO, dies at 97
Former Chinese Premier Zhu Rongji has died, according to state media
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Wall Street rises near a record as AI stocks climb and worries about inflation ease a bit
Wall Street finished just shy of a record after several AI stocks reported better growth for the spring than analysts expected, while a report showed inflation across the United States was slightly less bad last month
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Inflation slows but prices remain elevated as Iran war and spending on AI push up prices
U.S. inflation slowed last month and a measure of underlying price pressures also cooled, suggesting higher oil and gas prices from the Iran war are only having a limited impact on broader costs in the economy
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Inflation cooled last month as gas prices fell, though costs remain elevated
Inflation cooled last month as gas prices fell, though costs remain elevated
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Former Chinese Premier Zhu Rongji, who led country into WTO and helped ignite economic boom, has died at 98
Former Chinese Premier Zhu Rongji, who led country into WTO and helped ignite economic boom, has died at 98
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Britain's Andy Green sets another speed record, this time in a hydrogen-powered car
The only person to break the sound barrier in a car has earned another world record, this time in a show of force for hydrogen power
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