Economic News
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Mexico suggests it would impose its own tariffs to retaliate against any Trump tariffs
Mexican President Claudia Sheinbaum has suggested Mexico could retaliate with tariffs of its own, after U.S. President-elect Donald Trump threatened to impose 25% tariffs on Mexican goods if the country doesn’t stop the flow of drugs and migrants across the border
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Stock market today: Wall Street hits records despite tariff talk
U.S. stocks rose to records after Donald Trump’s latest talk about tariffs created only some ripples on Wall Street
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Trump's threat to impose tariffs could raise prices for consumers, colliding with promise for relief
If Donald Trump makes good on his threat to slap 25% tariffs on everything imported from Mexico and Canada, the price increases that could follow will collide with his campaign promise to give American families a break from inflation
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Massive EU-South American free trade pact would reduce tariffs, but some farmers are opposed
The EU and the South American trade bloc Mercosur are working to finalize a trade deal that has been in negotiation for over 20 years
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Small business owners breathe easier over labor costs after decision to strike down overtime rule
Small business owners have had a mostly positive reaction to a judge’s decision to strike down an overtime rule that would have qualified more workers for overtime pay
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Federal Reserve officials signal cautious path for rate cuts amid still-high inflation
With inflation still elevated, Federal Reserve officials expressed caution at their last meeting about cutting interest rates too quickly, adding to uncertainty about their next moves
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Federal Reserve officials signal cautious path for rate cuts amid still-high inflation
Federal Reserve officials signal cautious path for rate cuts amid still-high inflation
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US consumer confidence ticks higher on better outlook for hiring
Americans’ outlook on the economy improved modestly in November, lifted by expectations for lower inflation and more hiring
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Best Buy posts another quarterly sales drop while Kohl's sees slump deepen
Best Buy, the nation’s largest consumer electronics chain, reported another quarterly drop in sales as Americans continued to tighten their purse strings on appliances and gadgets to focus on essentials
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Trump threatens to impose sweeping new tariffs on Mexico, Canada and China on first day in office
President-elect Donald Trump is threatening to impose sweeping new tariffs on Mexico, Canada and China as soon as he takes office as part of his efforts to crack down on illegal immigration and drugs
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