Tag: Breaking News: Economy
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Stocks making the biggest moves midday: Exxon Mobil, GameStop, Palo Alto Networks, Blackstone & more
Here are the companies making headlnes in midday trading.
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Private payrolls grew by 122,000 in May, stronger than expected, ADP reports
Unlike prior months, where job growth was concentrated in healthcare and a few other sectors, gains were more broad-based.
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Treasury yields edge higher as traders monitor Iran war latest and await economic data
U.S. Treasury yields increased Wednesday as traders await new economic data amid ongoing Middle East tensions.
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OECD warns of global slowdown as U.S.-Iran war stymies economic growth prospects
The OECD has cut its global growth outlook, warning of lasting damage caused by the Middle East conflict.
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U.S. proposes fresh tariffs on 60 economies over forced labor trade practices
USTR has proposed a 10% duty rate for economies that have adopted a full or partial prohibition on forced labor trade, and 12.5% for all other economies.
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CNBC Daily Open: Nvidia stars at Computex as markets hit records
AI momentum drove Wall Street to fresh records, even as conflicting U.S.-Iran signals and new tariff threats on Brazil kept geopolitical tensions in focus.
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U.S., Iran intensify attacks as ceasefire frays, peace talks stall
The regional conflict has hardened into a stalemate as the U.S. and Iran failed to turn a fragile ceasefire into a lasting peace deal.
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Fed Chair Warsh makes first hires at central bank, including ‘Project 2025’ author
The new Fed chair has made his first hires. One wrote the Fed chapter in conservative policy blueprint “Project 2025.”
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