Economy - PRESS AI WORLD
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ECONOMY
Meta Plans Major Layoffs Amid Growing AI Investment Costs

Meta is planning significant layoffs, potentially affecting 20% of its workforce, as it invests billions in AI technology.

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ECONOMY
New photograph emerges of Andrew and Mandelson with Jeffrey Epstein

A new image of Prince Andrew and Peter Mandelson with Jeffrey Epstein raises scrutiny over their connections amid ongoing scandals.

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ECONOMY
US launches Section 301 investigations over forced labor involving 60 countries

The US initiates investigations under Section 301 against 60 countries to tackle forced labor issues affecting American trade.

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ECONOMY
Oil Prices Surge Above $100 Amid Ongoing Conflict in the Middle East

Crude oil prices surpass $100 per barrel as tensions rise in the Middle East and the U.S. temporarily allows purchase of Russian oil stranded at sea.

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ECONOMY
Cathay Pacific and Local Airlines to Raise Fuel Surcharges Amid Rising Oil Prices

Cathay Pacific plans to nearly double fuel surcharges starting March 18 due to surging fuel costs linked to the Iran conflict.

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ECONOMY
U.S. War Against Iran Incurred Over $11 Billion in Initial Costs

The U.S. military campaign against Iran has already incurred over $11 billion in costs with financial implications for the ongoing conflict.

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ECONOMY
US Temporarily Authorizes Purchase of Russian Oil Stuck at Sea

The US has issued a temporary license allowing the purchase of Russian oil previously stranded at sea amid rising oil prices and geopolitical tensions.

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ECONOMY
Disruption in the Strait of Hormuz Raises Concerns Over Global Oil Supply Amid Iran Conflict

Tensions in the Strait of Hormuz cause severe oil supply disruptions, affecting global energy prices and risking inflation worldwide.

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ECONOMY
Senate Advances Bipartisan Housing Bill to Address Affordability Crisis

The Senate has passed a bipartisan housing bill aimed at improving affordability and access to housing across the nation.

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ECONOMY
Oil Prices Surge Amid Rising Tensions and Attacks in the Gulf

Oil prices surge amid increasing tensions and attacks in the Gulf, raising concerns over supply disruptions.

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