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Israel's attack on Iran sparked the biggest jump in crude oil prices since Russia's invasion of Ukraine more than three years ago. Stocks fell sharply.
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Markets in Asia opened lower early Friday while oil prices surged after Israel attacked Iran's capital amid the ramping up tensions over Tehran's rapidly advancing nuclear program.
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Consumer prices in May were up 2.4% from a year ago, but inflation eased on a monthly basis, according to the latest figures from the Labor Department
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Trump's immigration crackdown is driving some people out of the country and others underground. That poses a challenge for businesses that have relied on workers who are in the U.S. illegally.
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After two days of talks in London, the U.S. and China have agreed in principle on a framework to carry out an agreement they reached on resolving their trade disputes last month, Chinese state media said.
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In order to make its sophisticated products cheaply, Apple sent engineers to China to train workers and paid for expensive specialized equipment at factories there.
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Lima, Peru, is known for some of the world’s wildest traffic.
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For generations, people have looked for small, informal signs that a recession is coming or already here. This phenomenon recently exploded on social media, often in joke form.
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As they process President Trump's chaotic tariffs and other economic policies, some of the country's most powerful CEOs are moving from denial and bargaining to public anger and depression.
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States argue that biological samples, DNA data, health-related traits and medical records are too sensitive to be sold without each person's express, informed consent.
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The annual event for developers focused on a new 'Liquid Glass' interface for Apple products, but did little to follow up on last year's promise of a bold push into artificial intelligence.
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Tariff collections are up sharply in the last two months. Congressional forecasters say tariffs could help reduce the federal debt, but they'll also lead to higher inflation and slower economic growth.