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President Donald Trump made it to the White House for a second time largely on promises to lick inflation and rev up the U.S. economy with deregulation, tax cuts and increased business investment. And he has had success. Technology firms are investing billions in software and equipment to further … Source: usnews.com
A record of the April meeting, Jerome H. Powell’s last as chair, underscored the extent to which the war with Iran has upended the economic outlook. Source: nytimes.com
Chile’s lower house of Congress approved the base text of President José Antonio Kast’s flagship economic bill that his administration is counting on to drive growth in coming years. Source: bloomberg.com
Bank of England Governor Andrew Bailey said government controls on food prices are not sustainable in the long run, after reports that the UK Treasury asked supermarkets to cap the cost of essential products. Source: bloomberg.com
The U.K. is the first G7 country to secure a trade agreement with the GCC. Source: cnbc.com
If oil prices remain at or above $93 to $98 a barrel, a recession could set in by July 4 as consumers feel the pain of higher gas prices. Source: businessinsider.com
Oregon’s revenue forecast rose by $345 million after legislative tax changes, despite slower economic growth tied to rising oil prices. Source: katu.com
Democrats want to control the state House, Senate and governorship. Republicans are aiming to deny the DFL another state leadership trifecta, but the Trump administration isn’t making it easy. Source: startribune.com
Source: aljazeera.com
Jamie Metzl and Taylor Riggs discuss concerns about AI’s impact on job opportunities and the economy. They analyze why younger generations fear AI will harm future workforce prospects, especially after an ex-Google CEO was booed at commencement. Source: foxnews.com
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