Economy

NEW YORK — U.S. stocks slumped Friday amid worries about higher inflation and tariffs, while a closely watched report gave a mixed picture of the U.S. job market. The S&P 500 was down almost 1%, and the Dow Jones Industrial Average fell…
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U.S. President Donald Trump says he wants to make the United States the cryptocurrency capital of the world. He is putting his plan into place in the early weeks of his second presidential term. VOA's Michelle Quinn has the story.
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washington — The U.S. Postal Service announced Tuesday that it was suspending acceptance of inbound packages from China and Hong Kong, then reversed that decision Wednesday. The postal service "will continue accepting all international…
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HONG KONG/SEOUL/SHANGHAI — The U.S. Postal Service said on Wednesday it would accept parcels from China and Hong Kong, in a U-turn after a suspension following President Donald Trump ending a trade provision used by retailers including…
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The latest outbreak of bird flu is wiping out chicken flocks and driving higher prices for eggs in the United States. While retailers and consumers are feeling the pinch, but at least one small farmer sees an opportunity – if he can get his…
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U.S. President Donald Trump and Chinese leader Xi Jinping are set soon to hold a high-stakes phone call on the tit-for-tat tariffs each has imposed on the other country’s exports. Trump’s new 10% tariff on Chinese goods took effect at…
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Gaborone, Botswana — The government of Botswana and South African diamond firm De Beers say they have reached a new, 10-year sales agreement following talks that had dragged on since 2019. Analysts say the diamond industry is sure to…
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New Delhi — With trade likely to emerge as the most contentious issue between India and the United States, New Delhi has signaled that it is moving to allay concerns of U.S. President Donald Trump, who has named India among countries that…
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U.S. President Donald Trump said Sunday that Americans may face economic “pain” because of new tariffs he is imposing on the country’s three biggest trading partners —Canada, China and Mexico — but contended that it would be “worth the…
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More ships than ever are being abandoned around the world by their owners, according to the United Nations’ labor and maritime organizations, leaving thousands of workers stuck on board without pay or the means to travel home to their…
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