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Economic News

The Week AI's Job Reckoning Sank In

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01 March 2026
Layoffs at Block add to growing backlash bubbling up across American companies.
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The $45 Billion Tariff Great Escape

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01 March 2026
Despite sweeping new duties, U.S. companies have found ways to trim billions from their tariff bills — helping explain why higher trade barriers haven't translated into a surge in inflation, The Wall Street Journal reports.
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Hundreds of Ships Drop Anchor in Middle East Gulf, Data Shows

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01 March 2026
At least 150 tankers, including crude and LNG vessels, dropped anchor in open Gulf waters beyond the Strait of Hormuz and dozens more were stationary on the other side of the chokepoint, shipping data showed on Sunday, after U.S. and Israeli strikes on Iran plunged the...
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Trump Asks If Supreme Court Can Rehear Tariff Case

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01 March 2026
President Donald Trump continued his tirade against the Supreme Court's recent decision limiting his tariff authority, publicly questioning Friday whether the case could be reheard.
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World Trade Surged by 4.4% in 2025 Despite Tariffs

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01 March 2026
Global trade volumes climbed sharply in 2025 despite sweeping U.S. tariffs, defying widespread predictions that higher duties would choke off cross-border commerce, The Wall Street Journal reports.
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Are Jack Dorsey's aggressive job cuts the start of an AI jobs apocalypse? Economists weigh in

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27 February 2026
Economists question whether such moves signal a broader shift in the labor market or simply reflect company-specific adjustments.
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  1. Is China Really Dumping US Treasuries?
  2. Fed's Miran Calls for Four Rate Cuts in 2026
  3. Trump's Economic Playbook: Homeownership, Tax Relief
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