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US Economy Sees Robust Jobs Growth in December Jobs growth in the US remained strong last month even as the economy wrestled with the impact of fast-rising prices. Employers added 223,000 positions in December, pushing the jobless rate…
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US Signals Shift to Slower Interest Rate Increases The head of the US central bank has said authorities may start to ease up on interest rate hikes as soon as this month, after racing to raise borrowing costs earlier this year. The…
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US Jobs Growth Signals Tough Inflation Fight Ahead Jobs growth in the US remained robust last month, while wages climbed sharply - signs that the world's largest economy still faces a tough fight as it wrestles to rein in rising prices.…
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US Inflation Rate Slows as Fuel Costs Fall The rapid rise in consumer prices is slowing in the US, as the costs of energy, used cars, medical care and airfare fall. US inflation was 7.1% over the 12 months to the end of November,…
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CPI: US Inflation Falls to Lowest in More Than a Year A sharp drop in energy prices, in particular petrol, is helping to ease cost-of-living pressures in the US. US inflation was 6.5% over the 12 months to the end of December, down from…
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Does Easing US Inflation Point the Way for the World? The US helped spark a global surge in the cost of living. Now that the country's price inflation shows signs of easing, does it point the way for the rest of the world? The US was…
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US Senators Urge Joe Biden Not to Sell ‘Scarce’ Nuclear Submarines to Australia Democrat and Republican lawmakers reportedly warned president that Aukus security pact could stress US submarine industrial base ‘to breaking point’ Two top…
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Australia Almost No Chance to Buy Any Submarine From Current US Building Program, Experts Say Latest report to US Congress reveals the superpower will struggle to meet its own submarine-building targets for decades Australia has close…
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U.S. Approval of Labor Unions at Highest Point Since 1965 STORY HIGHLIGHTS 71% of Americans now approve of labor unions 40% of union members say their membership is "extremely important" Employee engagement higher among nonunion…
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Oil Company Profits Boom as Americans Reel From High Fuel Prices ExxonMobil posts second-quarter profits of $17.85bn – four times last year’s figure – with Chevron making $11.62bn The US’s biggest oil companies pumped out record profits…
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