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Economy

US jobless claims fall to 202K, below expectations as layoffs ease

The US labour market showed signs of resilience toward the end of March, with fresh data pointing to subdued layoffs as initial applications

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Economy

Will Globalstar hit new highs following Amazon acquisition speculation?

Shares of Globalstar rallied strongly on April 2, 2026, climbing nearly 14% to $78.10 in premarket trading. The satellite communications company, known for

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Economy

Why Blue Owl stock is sinking around 8% today

Blue Owl said in shareholder letters issued Thursday that its flagship Blue Owl Credit Income Corp. (OCIC), which manages about $36 billion in

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Economy

Dow Jones tumbles 600 points as Trump signals Iran escalation

US stocks opened lower on Thursday, the final session of a holiday-shortened week, after President Donald Trump signaled an escalation in the Iran

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Economy

Tesla stock dives 4% as Q1 deliveries fail to meet expectations

Tesla Inc. reported on Thursday that it manufactured 408,386 vehicles in the first quarter of 2026 but delivered only 358,023, falling short of

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Economy

Ukraine drone strikes hit 40% of Russia Primorsk oil storage: report

Russian oil export infrastructure has suffered significant disruption after Ukrainian drone attacks damaged a substantial portion of storage capacity at key Baltic Sea

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Economy

GM stock falls as Q1 sales slump, high rates and gas weigh demand

Shares of General Motors fell about 4% on Thursday after the company reported a sharp decline in first-quarter sales, highlighting mounting pressure on

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Economy

Google faces pressure as experts urge banning AI videos for young users

Alphabet Inc.’s Google is facing mounting pressure from child development experts to stop AI-generated videos from being shown or recommended to children on

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Economy

US banks raise costs for private credit funds as valuation fears grow: report

US banks are raising borrowing costs for some loans to private credit funds amid growing concerns over valuations, a shift that could pressure

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Economy

Interview: Hormuz shock exposes legacy oil trade’s flaws: Baron Lamarre

As Brent crude prices soar amid escalating tensions in the Gulf, the oil trading landscape faces unprecedented challenges, according to Baron Lamarre, co-founder

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