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ECONOMY
Trump expresses reluctance but acknowledges the need for potential extension of ACA subsidies

Trump shares hesitance on extending ACA subsidies but concedes some form of extension may be necessary ahead of enrollment deadline.

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ECONOMY
US consumer confidence falls to lowest level since April amid economic concerns

US consumer confidence drops to a seven-month low of 88.7 in November, raising concerns about spending amid economic challenges.

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ECONOMY
Amazon Plans $50 Billion Investment in AI Infrastructure for US Government

Amazon announces a $50 billion initiative to enhance AI capabilities for US government customers, reinforcing its role in cloud infrastructure.

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ECONOMY
Canada and India Restart Trade Negotiations with Ambitious Goals

Canada and India have agreed to restart trade talks aiming to double trade to $50 billion by 2030.

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ECONOMY
COP30 Concludes With Focus on Climate Finance, Sidesteps Fossil Fuel Commitments

COP30 ends with a deal to triple adaptation funds while failing to establish a fossil fuel phase-out roadmap, highlighting ongoing challenges in climate negotiations.

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ECONOMY
US Government Weighs Allowing Nvidia to Sell H200 AI Chips to China

The US is considering easing export restrictions on Nvidia's H200 AI chips to China, impacting trade dynamics and technology competition.

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ECONOMY
US Scraps October CPI and Jobs Reports Following Historic Government Shutdown

US cancels October CPI and jobs reports due to a government shutdown, raising economic uncertainty ahead of the Federal Reserve's policy meeting.

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ECONOMY
Red Cross to Cut 2,900 Jobs and Slash Budget as Donors Shift Focus

The Red Cross announces cuts of 2,900 jobs and a reduced budget due to changing donor priorities and economic pressures.

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ECONOMY
Bitcoin and Ethereum Prices Plummet Amidst Broader Market Selloff

Bitcoin and Ethereum face sharp declines, reflecting a broader market risk aversion as traders react to technological market pressures.

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ECONOMY
Trump Eliminates 40% Tariffs on Brazilian Food Imports Including Beef and Coffee

Trump's removal of tariffs on Brazilian food products aims to reduce consumer costs amid rising inflation.

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