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Economic News

Poll: 68% of Americans' Finances Good or Improving

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05 May 2026
Americans are feeling more prosperous - even as concerns about the economy, markets, and politics remain elevated.More than 8 in 10 Americans say their prosperity is the same or better than six months ago, according to Northwestern Mutual's inaugural Personal Prosperity...
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AI Boom Sparks Surge in Electrician Jobs

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05 May 2026
The breakneck pace of the artificial-intelligence boom is now straining America's skilled electricity workforce, creating a new choke point for Big Tech's massive infrastructure push, Barron's reports.
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US Trade Deficit Widens, But Petroleum Exports Rise

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05 May 2026
The U.S. trade deficit widened in March as an artificial intelligence investment boom pulled in imports, more than offsetting an increase in exports, which were partly boosted by petroleum shipments amid the Middle East conflict.The ​trade gap increased 4.4% to $60.3...
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Gas Hits $4.48 as Oil Nears 4-Year High

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05 May 2026
The surge in oil prices is already filtering through to consumers, with the U.S. national average for gasoline climbing to $4.48 per gallon, according to AAA data for May 5.
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China's Commerce Ministry Blocks US Sanctions Against 5 Refineries

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04 May 2026
China's Ministry of Commerce said on Saturday it had issued an injunction to block U.S. sanctions imposed on five Chinese refiners accused of buying Iranian oil, according to state news agency Xinhua. The ministry named the five as Hengli Petrochemical (Dalian) Refinery,...
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Democrats Lack Affordability Crisis Solutions

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04 May 2026
Affordability will be a big club for Democrats in the midterm elections.Voters are angry about high prices for essentials like gasoline, insurance, groceries, housing, and childcare.
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More Articles …

  1. China's Alternative to US SWIFT System Soars
  2. Federal Govt to Blame for Spirit Shutdown
  3. Oil Shock: Why the Global Economy Is Holding Up
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