Economic News
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War with Iran chokes flows of oil and natural gas, highlighting energy security risks for Asia
The war with Iran is disrupting oil and LNG shipments through the Strait of Hormuz, a key artery for global energy trade, sending prices higher and threatening global growth
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US issues first commercial construction permit for a nuclear reactor in years to a Wyoming project
The U.S. Nuclear Regulatory Commission has issued its first construction permit for a commercial nuclear reactor in eight years
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Judge rules companies are entitled to refunds for Trump tariffs overturned by the Supreme Court
In a defeat for the Trump administration, a federal judge in New York ruled Wednesday that companies that paid tariffs struck down last month by Supreme Court are due refunds
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Judge rules companies are entitled to refunds for Trump tariffs they paid but that were overturned by the Supreme Court
Judge rules companies are entitled to refunds for Trump tariffs they paid but that were overturned by the Supreme Court
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US stocks rebound after strong economic updates and as oil prices stop spiking
The U.S. stock market rebounded after oil prices stopped spiking and reports gave encouraging updates on the economy
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Spain's government denies cooperating with US operations in Mideast, contradicting White House
Spain’s foreign minister has denied that the government has changed its position on supporting the U.S. military operations against Iran
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China's factory activity contracts for a second month
China says its factory activity contracted for a second straight month in February
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Dow drops 400 after trimming an early plunge of 1,200 as oil prices climb even higher
A sell-off for stocks wrapped around the world and hit Wall Street, while oil prices climbed even higher on worries about the widening war with Iran
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Trial that could lead to the breakup of Ticketmaster's parent company gets underway
A Justice Department lawyer has told a New York jury at the start of an antitrust trial that the concert ticket industry is broken because Ticketmaster and its parent company Live Nation Entertainment have monopolized the market, driving up prices for consumers
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Iran war casts a pall over UK economic update as stocks tank and oil and gas prices surge
Britain’s Treasury chief Rachel Reeves has sought to present a rosy picture of the state of the U.K. economy, even as oil and gas prices soared in the wake of the fast-evolving Iran war that has cast a pall over the global economic outlook
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