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U.S. inflation eased in May, signalling that an early-year price uptick has passed | CBC News

U.S. inflation eased last month in a hopeful sign that an uptick in prices from earlier this year may have passed. The trend, if it...

Oil slips on dollar’s strength from U.S. jobs data

Oil wells are seen at an oil facility by the Highway 5 near Bakersfield in California, U.S. on Nov. 27, 2022.Tayfun Coskun | Anadolu...

Target latest retailer to start cutting prices for summer, with reductions on 5,000 items

Target announced today that around 5,000 of its frequently shopped items will see prices reduced in the coming weeks. The prices on about 1,500...

U.S. raises tariffs significantly on EVs, other goods from China | CBC News

The U.S. plans to slap new tariffs on Chinese electric vehicles, advanced batteries, solar cells, steel, aluminum and medical equipment — an election-year move...

Argentina’s chainsaw ‘anarcho-capitalist’ leader Javier Milei defies inflation doubters

The plan from Argentina's controversial new leader to tackle runaway inflation may be working. His libertarian-laced austerity 'shock' measures have translated into lower inflation...

U.S. job growth totaled 175,000 in April, much less than expected, while unemployment rose to 3.9%

The U.S. economy added fewer jobs than expected in April while the unemployment rate rose, lifting hopes that the Federal Reserve will be able...

GRAPHIC-Take Five: Surfin USA | Business

Central banks in Australia, Britain and Sweden will meet next week, as markets assess how much leeway the U.S. Federal...

U.S. Federal Reserve holds interest rate, saying it will take ‘longer than expected’ to start cutting | CBC News

The U.S. Federal Reserve held interest rates steady on Wednesday and signaled it is still leaning toward eventual reductions in borrowing costs, but that cuts could...

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