Economic News
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Argentine lawmakers approve historic labor reform promoted by President Javier Milei
Argentine President Javier Milei has scored a crucial victory in congress with the approval of a sweeping labor reform aimed at radically altering labor relations in the South American country
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Treasury Department terminates union contracts for IRS and Bureau of the Fiscal Service workers
The Treasury Department says it has ended its collective bargaining agreement with unionized workers employed at the Internal Revenue Service
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Retail customers file lawsuits over tariffs against FedEx and Ray-Bans maker
At least two retail customers have filed proposed class-action lawsuits against companies that have sued in trade court to ensure they receive refunds from tariffs now-deemed illegal
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US stocks sink and oil prices rise as worries about AI, inflation and possible war hit Wall Street
U.S. stocks sank as Wall Street kept punishing companies that could become losers in the AI revolution
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Trump raises the possibility of a ‘friendly takeover of Cuba’ coming out of talks with Havana
President Donald Trump says the United States is talking with Cuba and raised the possibility of a “friendly takeover” of the island without explaining what that means
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Civil Rights agency decides against transgender Army worker who asked to use women's bathroom
A U.S. civil rights agency has determined that the federal government can bar transgender employees from using bathrooms aligned with their gender identity, dismissing an appeal from a transgender woman who worked for the U.S. Army
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Fintech company Block lays off 4,000 of its 10,000 staff, citing gains from AI
Shares in the financial technology company Block have soared more than 20% in after-hours trading after its CEO announced it was laying off more than 4,000 of its 10,000 some employees due to efficiency gains from artificial intelligence
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South Africa starts mass cattle vaccination program to halt foot-and-mouth outbreak
South Africa has launched a mass cattle vaccination drive to stem an outbreak of foot-and-mouth disease that threatens meat, dairy, and export supplies
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US wholesale prices arrive hotter than expected, up 0.5% from December and 2.9% from a year ago
U.S. wholesale prices came in hotter than expected last month
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FedEx says it will return to customers any refunds it gets back from Trump's illegal tariffs
Delivery company FedEx said in a statement on Thursday that it will return any tariff refund it might get to shippers and customers who paid them
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