Economy

Detroit — Had she wanted to, Michelle Chumley could have afforded a pricey new SUV loaded with options. But when it came time to replace her Chevrolet Blazer SUV, for which she'd paid about $40,000 three years ago, Chumley chose something…
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Chicagp — U.S. soybean export premiums are at their highest in 14 months, as grain merchants race to ship out a record-large U.S. harvest ahead of the U.S. presidential election and fears of renewed trade tensions with top importer China,…
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Mel Nichols, a 37-year-old bartender in Phoenix, Arizona, takes home anywhere from $30 to $50 an hour with tips included. But the uncertainty of how much she's going to make on a daily basis is a constant source of stress. “For every good…
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LA RIOJA, Argentina — They look like cash, fit into wallets like cash and the governor promises they'll be treated like cash. But these brightly colored banknotes aren't pesos, the depreciating national currency of Argentina, or U.S.…
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NAIROBI, KENYA — Africa has seen the capacity of its ports grow significantly over the years, but a report from the Africa Finance Corporation says the expansions, upgrades and investments have not led to better inland logistics and supply…
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BANGKOK — Southeast Asia is bearing the mounting brunt of U.S. trade curbs aimed at stemming the forced labor of ethnic minority Uyghurs in China, with billions of dollars in blocked exports, the latest U.S. trade figures show. Economists…
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The European Central Bank, which sets interest rates for the 20 countries that use the euro currency, cut borrowing costs once again on Thursday after figures showed inflation across the bloc falling to its lowest level in more than three…
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Germany plans to introduce measures aimed at boosting its domestic wind industry, the economy ministry said on Thursday, amid concerns from European governments and companies over Chinese firms gaining momentum on the continent. The…
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ZURICH — Unemployment in Gaza has soared to nearly 80% since the Israel-Hamas war erupted, with the devastated enclave's economy in almost total collapse, the International Labour Organization said Thursday. Economic output has shrunk by…
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International oil traders have been anxiously watching for Israel's expected military response to Iran's latest rocket attack, with prices rising and dipping according to the latest guesses on whether Israel will target Iran's oil…
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