Economy
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Blockades of Strait of Hormuz push U.S. exports up in April as trade deficit shrinks
The combined increases in exports and imports resulted in the trade deficit shrinking to $55.9 billion, a dip of 1.2% over the previous month.
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US economy added 172K jobs in May, far exceeding Wall Street expectations
The unemployment rate for May remained at 4.3%.
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SpaceX plans to raise $75 billion in its IPO, which could make Elon Musk world's first trillionaire
A $1.77 trillion valuation of SpaceX would boost Musk's worth to an estimated $1.05 trillion.
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Jobless claims increase slightly, as states, cities tighten coronavirus restrictions on businesses
Before the virus hit the U.S. hard in mid-March, weekly unemployment claims were roughly 225,000.
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RadioShack comeback in the works with new investors targeting online shoppers
The company's new owners believe an online RadioShack will be competitive and successful with a familiar name.
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Bidenomics forecast: Blue skies, or 'cloudy with a chance of Great Depression'?
Biden promises "a plan to create millions of good-paying jobs, make it easier for workers to organize unions and collectively bargain."
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Weekly jobless claims continue to drop even as virus numbers spike
The unemployment rate continues to drop
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EU files antitrust charges against Amazon
EU executive commission charges Amazon systematically uses non-public business data to avoid “the normal risks of competition and to leverage its dominance.”
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Market surges to record numbers Monday as Pfizer announces effective vaccine results
The Dow jumped more than 5% as markets opened Monday
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U.S. adds 638,000 jobs in October, unemployment rate drops to 6.9%, report
The coronavirus has hurt the global economy
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First-time U.S. unemployment claims top 750,000 this week
Jobless figures remain constant as global markets react to U.S. election
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New, third-quarter GDP numbers sign 2020 economic losses could half what expected, White House
The U.S. economy more than doubled the record set in 1950 during the third quarter
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Walmart takes guns, ammunition off U.S. shelves amid looting related to social justice protests
The giant discount retailer will continue to sell the merchandise, despite removing it from shelves.