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Economy

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Feb 07

Watch 6:37
Chicago Fed president on what the new jobs report says about the economy

By Amna Nawaz, Jackson Hudgins

The new jobs report shows the pace of hiring slowed slightly in January with the economy adding 143,000 jobs. The report also revised down jobs numbers between April 2023 and March of 2024 by nearly 600,000, the largest annual revision…

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Feb 07

U.S. jobless rate dips to 4 percent as employers add 143,000 positions last month

By Paul Wiseman, Associated Press

The first job report of Donald Trump's second presidency on Friday suggested that he inherited a labor market that is solid but unspectacular.

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Feb 03

What to know about Trump’s tariffs, the 30-day pause and possible fallout

By Bill Barrow, Associated Press

On Monday, President Donald Trump and the leaders of Mexico and Canada announced deals to forestall a potential trade war for 30 days as both U.S. neighbors agreed to placate the American president by boosting efforts to boost border security…

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Feb 02

Watch 6:56
Canadian ambassador to U.S. hopes for ‘off-ramp’ to trade war after Trump tariffs

By John Yang, Kaisha Young

President Trump said Sunday that Americans may feel “some pain” as a result of the North American trade war that’s emerging after he imposed sweeping tariffs on Mexico and Canada. Retaliatory tariffs were quickly announced by Mexico, Canada and China,…

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Feb 02

Watch 6:35
Why a deadly strain of bird flu is making egg prices soar nationwide

By John Yang, Harry Zahn

During 2024, the average price of a dozen large, Grade A eggs jumped 65 percent. The USDA predicts prices will go up another 20 percent this year. A big reason for these sky-high prices: the bird flu outbreak that started…

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Jan 31

Watch 3:24
What we know about Trump’s plan to slap tariffs on Mexico, Canada and China

By Laura Barrón-López, Shrai Popat

President Trump moved forward with his plans to slap tariffs on three major U.S. trading partners. He confirmed 25 percent tariffs on goods from Mexico and Canada and 10 percent on those coming from China. The president also said that…

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Jan 28

U.S. consumer confidence dips again to start the year

By Matt Ott, Associated Press

U.S. consumer confidence dipped for the second consecutive month in January. The Conference Board said Tuesday that its consumer confidence index retreated in January to 104.1 from 109.5 in December.

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Jan 10

U.S. added 256,000 jobs in December as unemployment rate dipped

By Paul Wiseman, Associated Press

U.S. hiring picked up unexpectedly in December as employers added 256,000 jobs, another sign of the economy's resilience in the face of high interest rates.

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Dec 30

The retail trends, winners and losers of 2024

By Anne D'Innocenzio, Dee-Ann Durbin, Associated Press

Value was in vogue in 2024. Shoppers and restaurant patrons in the U.S. were choosy about where and how to spend their money as they wrestled with high housing and food prices.

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Dec 30

The message voters around the world sent to leaders in 2024: ‘You’re fired’

By Jill Lawless, Associated Press

Some 70 countries that are home to half the world’s population held elections this year, and in many incumbents were punished.

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