Economy

CHENNAI — A group of Indian port workers' unions has called for a strike from Aug. 28 to demand immediate settlement of pay revisions and pension benefits, according to a note signed by its members. A strike by India's port workers could…
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Washington — Four years after Federal Reserve Chair Jerome Powell made fighting unemployment a bigger priority during the COVID-19 pandemic, he faces a pivotal test of that commitment amid rising joblessness, mounting evidence inflation is…
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NEW YORK — Hopes for an economic soft landing are once again powering U.S. stocks higher, as encouraging data relieve recession worries following a brutal sell-off earlier this month. The S&P 500 .SPX has rebounded more than 6% since…
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Raleigh, North Carolina — Kamala Harris unveiled plans for a federal ban on food and grocery "price gouging," a tax credit that would provide $6,000 per child to families for the first year of a baby's life, and up to $25,000 toward a down…
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WASHINGTON — Kamala Harris is set to unveil plans for a federal ban on food and grocery "price gouging,” a tax credit that would provide $6,000 per child to families for the first year of a baby’s life, and up to $25,000 toward a down…
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Washington — South Asia's youth bulge is a ticking time bomb. A demographic dividend looms, but millions of young people lack the job skills to cash in, choking the region's economic potential. Almost half of South Asia's population of 1.9…
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Washington — Sun Lijun, a 42-year-old semiconductor engineer, says worries about the quality of air and living, childhood education and the overall economic trajectory in China are some of the reasons he and his wife first started talking…
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Washington — The great inflation spike of the past three years is nearly spent — and economists credit American consumers for helping slay it. Some of America's largest companies, from Amazon to Disney to Yum Brands, say their customers are…
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Geneva — Global youth unemployment rates fell to 13% in 2023, a 15-year low. But a new study by the International Labor Organization warns the post-COVID economic recovery is uneven, with some regions seeing an increase in the number of…
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New York — A week of wild market swings has investors looking ahead to inflation data, corporate earnings and presidential polls for signals that could soothe a recent outbreak of turbulence in U.S. stocks. Following months of placid…
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