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Economic News

US Moves to Cut off a Swiss Bank over Alleged Iran and Russia Money Flows

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26 February 2026
The U.S. is moving to sever a small Swiss bank from access to the U.S. financial system for its alleged support for Iranian and Russian actors, as U.S. and Iranian officials hold indirect talks Thursday in Geneva over Tehran's nuclear negotiations.
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Iran to Offer 'Commercial Bonanza' to US Companies

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26 February 2026
Iran is dangling what one person familiar with the negotiations described as a "commercial bonanza" to entice President Donald Trump into a nuclear deal, pitching massive investment opportunities in oil, gas, mining and critical minerals as indirect talks resume Thursday in...
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Jobless Claims Edge Up to 212K, Layoffs Remain Healthy

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26 February 2026
Slightly more Americans applied for unemployment benefits last week as layoffs remain at relatively healthy levels.
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CEO of World Economic Forum Quits After Epstein Ties Scrutinized

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26 February 2026
The president and CEO of the World Economic Forum, Borge Brende, said on Thursday he was stepping down, a few weeks after the forum launched an independent investigation into his relationship with sex offender Jeffrey Epstein.
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Trump insists trade deals safe after Supreme Court ruling upends tariff authority, but partners aren’t so sure

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26 February 2026
The Supreme Court decision to strike down Trump's tariffs has thrown fresh confusion over the raft of trade deals negotiated with global partners, stalling trade talks.
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Top earners are more afraid for their employment than lower income as AI threat increases

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25 February 2026
The prospect of being replaced by artificial intelligence is helping to scare higher-income workers.
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  1. Sen. Husted to Newsmax: Trump's Economic Message Highlights Tax Benefits
  2. CNN Poll: Trump's State of the Union Won Over Viewers
  3. US Trade Chief: Some Nations Face 15% Tariffs
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