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ECONOMY
US Revokes TSMC's Fast-Track Export Status for Chip Equipment to China

The US has revoked TSMC's export privileges for China, complicating its chip production operations and reflecting tightening controls.

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ECONOMY
Trump's Proposed 200% Tariffs on Imported Drugs Raise Concerns Over Price Hikes and Shortages

Trump's plan to impose 200% tariffs on imported drugs could lead to higher prices and shortages for consumers.

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ECONOMY
Kraft Heinz to Split into Two Companies Amid Financial Struggles

Kraft Heinz announces a major split into two companies as it seeks to revive growth amid ongoing financial challenges.

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ECONOMY
ECB's Lagarde Warns Trump's Interference with Fed Could Threaten Global Stability

ECB President Christine Lagarde warns that Trump's interference with the Fed could destabilize the global economy.

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ECONOMY
Retail Operations on Labor Day 2025: What's Open and Closed

Discover which stores, including Walmart and Costco, are open or closed on Labor Day 2025.

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ECONOMY
Samsung and SK Hynix Stocks Decline Following US Restrictions on Semiconductor Equipment Exports to China

Samsung and SK Hynix experience stock declines after the US revokes chip manufacturing equipment permits for operations in China.

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ECONOMY
Trump administration pushes forward plans to rename Defense Department to Department of War

The Trump administration is advancing plans to rename the Defense Department to the Department of War, emphasizing a shift in military focus.

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ECONOMY
Norway Partners with UK for £10 Billion Frigate Deal to Enhance Maritime Defense

Norway selects the UK for a £10 billion frigate deal, marking its largest military investment to enhance maritime defense against Russia.

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ECONOMY
EU Debates on Utilization of Frozen Russian Assets for Ukraine Reconstruction

The EU considers using frozen Russian assets for Ukraine's reconstruction amidst differing opinions on legality and risks.

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ECONOMY
Spirit Airlines Files for Bankruptcy Again Amid Ongoing Financial Struggles

Spirit Airlines has filed for bankruptcy for the second time in under a year, facing significant financial challenges and operational changes.

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