Economic News
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PepsiCo to close Chicago bottling plant, impacting 150 workers
PepsiCo said Monday it’s closing a Chicago bottling plant, a move the Teamsters union says will impact 150 workers
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Autonomous tech is coming to farming. What will it mean for crops and workers who harvest them?
Autonomous tech is coming to farming
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Boeing, in need of cash, looking to raise up to approximately $19B in offering
Boeing is looking to raise up to approximately $19 billion in a stock offering as the aerospace giant, which is dealing with a contentious strike, faces liquidity issues and tries to raise cash
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Spirit Airlines plans to cut jobs and sell some planes amid looming financial struggles
Spirit Airlines is cutting jobs and selling off some jets worth millions of dollars as the budget carrier aims to cut costs amid looming financial struggles and an uncertain future
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Russia's central bank raises interest rate to 21% to fight inflation boosted by military spending
Russia’s central bank has raised its key interest rate by two percentage points to a record-high 21% in an effort to combat growing inflation
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Russian central bank hikes interest rate to record-high 21%, to fight inflation fueled by military spending
Russian central bank hikes interest rate to record-high 21%, to fight inflation fueled by military spending
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Vote to continue strike exposes Boeing workers' anger over lost pensions
Since going on strike last month, Boeing factory workers repeated one theme from their picket lines: They want their pensions back
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CVS workers reach tentative contract agreement after weekend strike
The unions representing more than 7,000 CVS workers in Southern California have reached a tentative agreement on a contract
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IMF chief warns that world risks falling into slow-growth rut and urges China to enact reforms
The world economy, buffeted by conflict and growing geopolitical rivalries, is in danger of getting stuck in a slow-growth, high-debt rut, the head of the International Monetary Fund warned Thursday
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US applications for jobless benefits fall, but continuing claims rise to highest level since 2021
The number of Americans filing for unemployment benefits fell last week, but the total number of those collecting benefits rose to its highest level in almost three years
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