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08.05.26 - 14:45
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US added 115K jobs in April, beating expectations (The Hill)
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The U.S. economy added 115,000 new jobs in April, according to data released Friday by the Labor Department, beating the expectations of economists. The jobless rate held firm at 4.3 percent last month. Economists expected the U.S. to have added roughly 67,000 jobs in April, according to consensus estimates. The April jobs numbers may be......
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08.05.26 - 00:30
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Trade court strikes down Trump global tariffs imposed after Supreme Court loss (The Hill)
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A federal trade court on Thursday struck down tariffs President Trump imposed to replace import taxes that the Supreme Court struck down earlier this year. A three-judge panel of the International Court of Appeals imposed a permanent injunction on the 10 percent tariff Trump imposed on nearly all U.S. imports in February. Judges Mark A.......
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07.05.26 - 19:15
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Rubio unveils new Cuba sanctions (The Hill)
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Secretary of State Marco Rubio unveiled a fresh batch of sanctions against one person and two Cuban entities on Thursday, solidifying a recent executive order that sought to exert greater pressure on the island's government. The new sanctions target Grupo de Administración Empresarial S.A (GAESA), an umbrella enterprise controlled by the Cuban military that Rubio......
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07.05.26 - 18:01
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Anthropic adding computing capacity from Musk′s SpaceX (The Hill)
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Elon Musk's SpaceX has signed a deal to provide computing capability for Anthropic as the demand ramps up for the artificial intelligence firm's products. In an announcement Wednesday, the companies said Musk's firm will allow Anthropic to use all of the compute power through its Colossus 1 data center, which houses over 220,000 Nvidia GPUs.......
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07.05.26 - 16:01
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Airline trade group CEO: ′There will be a price increase on your ticket′ (The Hill)
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Former New Jersey Gov. Chris Sununu (R), the CEO of Airlines for America, said Wednesday that airline ticket prices will increase as jet fuel costs rise. Sununu told host Blake Burman on NewsNation's “The Hill” that the cost of jet fuel has doubled since the U.S. and Israel launched the war with Iran. In response......
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06.05.26 - 23:31
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Airline fuel costs jumped 56 percent in March: Transportation Department (The Hill)
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Airline fuel costs went up 56 percent in March, according to the Department of Transportation (DOT) — a sharp spike in the first full month after the outbreak of the Iran war. In a Wednesday release, the DOT's Bureau of Transportation Statistics (BTS) said that U.S. scheduled service airlines' total fuel expenditure was $5.06 billion......
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06.05.26 - 18:01
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Oil prices plunge amid reported progress in US, Iran talks (The Hill)
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Oil prices plunged around midday Wednesday as reports emerged that the U.S. and Iran are nearing an agreement on a one-page memorandum that could result in the reopening of the Strait of Hormuz. The international benchmark, Brent crude oil, reached $101.75 at 11 a.m. EDT while West Texas Intermediate hit $95.60, according to Reuters. Stock......
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06.05.26 - 17:01
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Gasoline price climbs 31 cents in past week, crossing $4.50 a gallon (The Hill)
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The average price of gasoline in the U.S. reached $4.53 a gallon on Wednesday, according to AAA, an increase of 31 cents in a week and 50 percent since the U.S. and Israel began their war against Iran. Iran has responded by closing the Strait of Hormuz, a crucial oil and energy waterway, with the......
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06.05.26 - 16:31
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Obama says president ′shouldn′t have a bunch of side hustles′ (The Hill)
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Former President Obama on Tuesday said the president “shouldn't have a bunch of side hustles” signaling there should be a clear ethical standard for those occupying the Oval Office. “A good policy that I'd like to see followed is that the President of the United States shouldn't have a bunch of side hustles that those......
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05.05.26 - 21:46
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Delta cutting free snacks, drinks on hundreds of flights (The Hill)
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Delta Air Lines will soon end its free snack and drink service for most passengers on flights under 350 miles. The change comes amid growing cost pressures on the airline industry amid the war in Iran, which has spurred rising airfares and increased fees for checked bags and other services. But a spokesperson for Delta......
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05.05.26 - 21:01
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Ken Griffin: Democrats taking House ′almost a certainty′ (The Hill)
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Billionaire investor Ken Griffin on Monday predicted that Democrats will take back the House in November. “It's almost a certainty the Democrats will take the House. That's the nature of almost every midterm election cycle, is the House seats swing in the favor of the opposing party,” Griffin, a supporter of President Trump, told host......
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05.05.26 - 20:01
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First Trump tariff refunds now expected on May 12 (The Hill)
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The first wave of tariff refunds is expected to be issued electronically starting on May 12, just under three months after the Supreme Court invalidated the cornerstone of President Trump's trade agenda. U.S. Customs and Border Protection (CBP) shared the updated timeline in a message to shippers on Monday with information on how to monitor......
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