ECONOMY

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Feb 17 2025BUSINESS

Germany's Economy: Time for a Fresh Start

Germany is at a crossroads. Once a powerhouse of industry, the country now faces a stagnant economy. The old ways, relying on cheap Russian gas and big exports to China, are no longer working. The next government, which will be chosen in an election, has a big job ahead: fixing the economy.

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Feb 14 2025POLITICS

A High-Stakes Showdown Over Government Data

Imagine this: A judge steps in and blocks access to crucial financial data. This isn't just a minor hiccup; it's a big deal that could shake up the entire global economy. The standoff involves President Trump's administration and a group of 19 states leaning towards the Democratic party. These state

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Feb 14 2025POLITICS

Trump's Trade War: A New Twist

Trump has a new plan to shake up global trade. He wants to hit back at countries that charge high tariffs on American goods. This means countries like Brazil, India, Japan, Canada, and the EU could face extra taxes on their exports to the US. Trump's idea is to make tariffs fair by matching what oth

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Feb 13 2025FINANCE

UK Economy Shows Surprising Growth in Late 2024

In late 2024, the UK economy showed a small but surprising growth of 0. 1% in the fourth quarter. This news came as a pleasant surprise, as experts had predicted a slight contraction of 0. 1%. The services and construction sectors were the stars of the show, with growth rates of 0. 2% and 0. 5% resp

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Feb 13 2025FINANCE

Texas Welcomes a New Financial Player

Texas is becoming a major hub for financial services. The New York Stock Exchange (NYSE) has big plans for the state. They are moving their Chicago operations to Dallas. This move could change the game for Texas's economy. The NYSE Chicago, originally known as the Chicago Stock Exchange, was founde

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Feb 13 2025BUSINESS

Tech Giants Dive Into Health and Inflation Bites

Tech companies are jumping into the health game. Apple is launching a new study to see how technology can boost our well-being. This isn't just about fitness trackers; it's about using tech to improve both our physical and mental health. Imagine your phone helping you manage stress or suggesting hea

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Feb 13 2025BUSINESS

Inflation: Why Your Groceries and Gas Cost More

Inflation is on the rise, and it's hitting your wallet where it hurts the most. Prices for groceries, gasoline, and rents have all gone up, making life tougher for families and businesses. This news comes from the latest report from the government, which shows that prices have increased by 3% in Jan

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Feb 12 2025FINANCE

Inflation Surge: What's Behind the January Jump?

In January, inflation rates unexpectedly rose, causing a stir in the financial world. The consumer price index, which tracks the cost of goods and services across the U. S. , jumped by 0. 5% for the month. This put the annual inflation rate at 3%, according to the Bureau of Labor Statistics. Experts

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Feb 12 2025BUSINESS

The Cost of Protectionism

In the heart of Denver, Sandra Payne, the brain behind Denver Concrete Vibrator, is worried. Her business depends on steel and other raw materials from China, Canada, and Mexico. But now, President Trump's new tariffs are making her life harder. Her company makes tools for concrete and other indust

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Feb 11 2025FINANCE

Bad News for People Traveling with Credit Card Costs: Powell Just said Yes!

First things first, you might think that paying less for travel would be something people would want. Think again. President Donald Trump has recently taken steps to make the economy more unpredictable. Yet, the Federal Reserve’s top boss Jerome Powell, announced that they are not in a hurry to cut

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