Economic News
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UK nationalizes Chinese-owned British Steel to protect nation's steelmaking capacity
The U.K. government has nationalized British Steel to protect the nation’s steelmaking capacity
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Brazil calls Trump’s 25% tariff unjust and vows to impose reciprocal tariffs
Brazil has criticized a new U.S. tariff on certain Brazilian imports and says it plans to impose reciprocal tariffs
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Trump's pick to lead TSA calls private airport screening program 'pro-worker,' vows to help workers
President Donald Trump’s nominee to lead the Transportation Security Administration addressed a Senate confirmation hearing Thursday
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Average 30-year US mortgage rate climbs to 6.55%, highest level in nearly a year
The average long-term U.S. mortgage rate climbed this week to its highest level in nearly a year, driving up borrowing costs for prospective homebuyers
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Trump administration races the clock to rebuild US tariff wall knocked down by Supreme Court
The U.S. Treasury last year swelled with revenue from President Donald Trump’s double-digit taxes on imports from almost every country on earth
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Taiwan computer chipmaker TSMC pledges another $100 billion to expand US chipmaking capacity
Major Taiwan computer chipmaker TSMC says it plans to spend another $100 billion on expanding its manufacturing capacity in the United States
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Retail sales up just 0.2% in June, but excluding business at the gas pump, shoppers are resilient
Shoppers slowed their spending in June from May, but excluding business at the gas pump, shoppers showed resilience despite economic uncertainty as they bought cars and took advantage of summer sales events
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US weekly unemployment claims fall to 208,000, fewest in 10 weeks
Filings for unemployment benefits fell last week to the lowest level in 10 weeks as U.S. layoffs remain historically low
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The number of Americans filing for jobless benefits falls to 208,000 last week as US layoffs remain historically low
The number of Americans filing for jobless benefits falls to 208,000 last week as US layoffs remain historically low
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Taiwan computer chipmaker TSMC says it will spend another $100 billion on expanding manufacturing capacity in the US
Taiwan computer chipmaker TSMC says it will spend another $100 billion on expanding manufacturing capacity in the US
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