Economy - PRESS AI WORLD
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ECONOMY
41% of Global Companies Plan Downsizing and Implementing AI Technology

A new survey reveals that 41% of companies plan to downsize due to AI, while 77% aim to reskill workers for a tech-focused future.

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ECONOMY
Dick's Sporting Goods Launches Winter Clearance with Discounts up to 75% on Hoka and Nike

Dick's Sporting Goods offers up to 75% off on sneakers and athletic wear during its Winter Clearance Event for fitness enthusiasts.

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ECONOMY
Future of Low Unemployment Amid Trump's Economic Policies

Assessing the sustainability of low unemployment rates in the U.S. economy amid evolving financial conditions under Trump's leadership.

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ECONOMY
US mortgage rates rise for fourth consecutive week, reaching 6.93%

The average US long-term mortgage rate climbs to 6.93%, marking the fourth straight increase amid rising bond yields and home prices.

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ECONOMY
China’s lithium reserves surge, becoming the world’s second-largest holder

China now holds the second-largest lithium reserves globally, nearly tripling its supply, essential for electric vehicle batteries and renewable energy tech.

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ECONOMY
Guide to Preparing for Social Security Benefit Taxes in 2025

Prepare for potential Social Security benefit taxes in 2025 with tips on managing your withdrawals and consulting professionals.

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ECONOMY
Euro zone shows resilience amidst global bond market pressures

Despite rising global bond yields, the euro zone remains stable, influenced by low debt burdens and cautious investor optimism.

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ECONOMY
Spanish Company Acquires Christian Lacroix Brand

Sociedad Textil Lonia has acquired the Christian Lacroix brand, previously owned by Falic Group, marking a new chapter for the iconic fashion label.

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ECONOMY
Bank of Mexico Considers Larger Interest Rate Cuts Amid Easing Inflation

The Bank of Mexico may implement larger interest rate cuts as inflation eases, according to recent minutes from its monetary policy meeting.

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ECONOMY
Survey reveals 41% of companies plan job reductions due to AI advancements

A new survey indicates that 41% of companies plan to reduce their workforce due to advances in AI technology over the next five years.

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