Economy

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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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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BEIJING — Chinese authorities are chasing unpaid taxes from companies and individuals dating back decades, as the government moves to plug massive budget shortfalls and address a mounting debt crisis. More than a dozen listed Chinese…
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NEW YORK — U.S. stocks rallied Thursday in Wall Street's latest sharp swerve after a better-than-expected report on unemployment eased worries about a slowing economy. The S&P 500 jumped 2.3% for its best day since 2022 and shaved off…
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New York — Stocks closed higher on Wall Street as calm returned to the market a day after its biggest pullback in almost two years. The S&P 500 rose 1% Tuesday, breaking a brutal three-day losing streak. The Dow Jones Industrial Average…
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New York — U.S. stocks are bouncing back, and calm is returning to Wall Street after Japan’s market soared earlier Tuesday to claw back much of the losses from its worst day since 1987. The S&P 500 was rallying by 1.6% in midday trading…
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Bangkok — Japan’s benchmark Nikkei 225 index soared more than 10% on Tuesday, rebounding after a rollercoaster start to the week that sent markets tumbling in Europe and on Wall Street. European markets were mostly lower, with Germany's DAX…
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Islamabad — Pakistan's military revealed Monday that millions of liters of Iranian oil are being smuggled into the country each day, but rejected long-standing allegations that it is also playing a role in the illegal trade. Lt. Gen. Ahmed…
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New York — Stock markets across the globe plunged Monday as investors sold stocks on worries that the U.S. economy, the world’s largest, might be slowing and possibly headed to a recession. In afternoon trading, all three major U.S. indexes…
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