TAG: economy - PRESS AI WORLD
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According to the term you entered "economy": 1027 news found
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ECONOMY
Nike Anticipates $1 Billion Tariff Impact, Plans Production Shift and Price Increases

Nike forecasts a $1 billion increase in costs due to tariffs, prompting a shift in production and planned price hikes.

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ECONOMY
China's Industrial Profits Plummeted 9.1% in May Amid Economic Challenges

China's industrial profits decreased by 9.1% in May, impacted by weak demand and ongoing trade tensions.

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ECONOMY
Global cocaine market surges to record levels, largely due to Colombian production

Cocaine production, seizures, and use reach new highs globally due to increased Colombian coca cultivation, according to UNODC.

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ECONOMY
Oil Prices Stabilize Post Ceasefire but Weekly Declines Loom

Oil prices see slight increases after a ceasefire, but a significant weekly drop is anticipated due to diminished supply risks.

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ECONOMY
Thailand to Initiate Trade Talks with US Amid Tariff Concerns

Thailand's finance minister announces upcoming trade talks with the US to negotiate tariff reductions before a critical deadline in July.

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WORLD NEWS
Kenya Protests Mark Deadly Anniversary with Rising Death Toll and Calls for Justice

Protests in Kenya marking the anniversary of deadly demonstrations have escalated, resulting in multiple deaths and injuries amid calls for justice and government accountability.

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ECONOMY
US Economy Contracts by 0.5% in Early 2025 Amid Tariff Impact

US economy shrank 0.5% in Q1 2025 due to tariff impacts, with sharp declines in consumer spending reported.

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ECONOMY
Nvidia Reaches Record High as Analysts Forecast AI Investment Surge

Nvidia's stock hit a record high, making it the world's most valuable company amid positive forecasts for AI growth.

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ECONOMY
Trump Approves China's Iranian Oil Purchases Amid Ceasefire, Signals Potential Shift in U.S. Policy

Trump endorses China's imports of Iranian oil, suggesting a shift in U.S. sanctions enforcement while pushing for larger U.S. oil purchases.

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ECONOMY
Powell Maintains Stance Against Immediate Rate Cuts Amid Tariff Uncertainty

Fed Chair Jerome Powell signals a cautious approach to interest rate cuts amid inflation concerns related to President Trump's tariffs.

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