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Employers posted 6.87 million jobs in March, compared to 6.92 million in February, the Labor Department reported Tuesday. Source: pbs.org
Bank of America says there are two pillars of the US economy: AI and consumer spending. They warn that the Iran war threatens both. Source: businessinsider.com
The potential savings estimated would be substantial as Americans spent $467 billion on prescription drugs in 2024, according to the most recent government data available. Source: ibj.com
Michele Bullock drops her usual caution to spell out the threat of higher prices and lower growth Source: theguardian.com
Source: cbsnews.com
Howard Marks, co-founder of Oaktree Management, joins ‘Money Movers’ to discuss the state of the U.S. economy, concerns around an AI bubble, and more. Source: cnbc.com
Democratic lawmakers have been doubtful about the savings claimed by Trump. Source: baltimoresun.com
Canada for March recorded a merchandise-trade surplus of C$1.78 billion, the equivalent of about US$1.31 billion, Statistics Canada said. Source: wsj.com
Last month, credit agencies warned Washington to fix its budget imbalance or face a credit downgrade. That’s adding still more pressure on lawmakers next year Source: seattletimes.com
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