Economy - PRESS AI WORLD
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ECONOMY
Gold Prices Surge to Record Highs Amid Geopolitical Tensions and Economic Uncertainty

Gold prices soar past $4,400, driven by economic uncertainty and geopolitical factors.

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ECONOMY
China Imposes Provisional Duties on EU Dairy Products Amid Ongoing Trade Tensions

China's new provisional duties of up to 42.7% on EU dairy products reflect escalating trade tensions between the two economic powers.

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ECONOMY
Delaware Supreme Court Restores Elon Musk's $56 Billion Pay Package, Boosting His Net Worth to $700 Billion

Elon Musk wins legal battle as Delaware Supreme Court reinstates his $56 billion pay package, pushing his net worth over $700 billion.

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ECONOMY
US Existing Home Sales Increase Slightly in November Despite High Prices

Despite slight increases in existing home sales, the US housing market faces challenges from high prices and economic uncertainty.

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ECONOMY
Trump announces agreements to lower drug prices with major pharmaceutical companies

Trump announces new agreements with pharmaceutical firms to reduce drug prices in the US, aligned with prices in other developed countries.

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ECONOMY
Bank of Japan Raises Interest Rates to 30-Year High, Signaling Ongoing Policy Shift

The Bank of Japan has raised interest rates to 0.75%, the highest in three decades, as it aims to normalize monetary policy amid rising inflation.

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ECONOMY
US initiates review for Nvidia's H200 chip sales to China

The US is reviewing Nvidia's H200 chip sales to China, sparking debate over national security and economic strategy.

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ECONOMY
US Military Strikes Kill Five More in Ongoing Anti-Drug Operations

US strikes in the Pacific have escalated tensions, resulting in five deaths and raising scrutiny over military actions against drug cartels.

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ECONOMY
Consumer Prices Rise 2.7% in November Amid Mixed Signals on Inflation Relief

November's inflation rate shows a 2.7% rise, revealing slow price changes amid ongoing consumer affordability challenges.

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ECONOMY
Instacart Settles FTC Claims, Paying $60 Million Over Deceptive Marketing Practices

Instacart agrees to pay $60 million in refunds following FTC allegations of deceptive pricing and marketing practices.

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