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China says it’s evaluating U.S. overtures to initiate talks on trade newsthirst.

China is assessing the situation after U.S. officials reached out “through relevant parties multiple times” to seek tariff negotiations, a spokesperson for the commerce ministry said in a statement Friday. In the statement, Chinese authorities reiterated Beijing’s request for the U.S. to “correct its wrongdoings” by removing all unilateral tariffs. Failure to do so would indicate “a lack…

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Amazon CEO Jassy says he’s ‘optimistic’ company could emerge from tariff uncertainty stronger newsthirst.

Amazon CEO Andy Jassy speaks during a keynote address at AWS re:Invent 2024, a conference hosted by Amazon Web Services, at The Venetian Las Vegas on December 3, 2024 in Las Vegas, Nevada. Noah Berger | Getty Images Amazon CEO Andy Jassy looked to reassure investors on the company’s first-quarter earnings call on Thursday, saying…

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Data center boom in world’s largest market not slowing, Dominion says newsthirst.

People walk through the hallways at Equinix Data Center in Ashburn, Virginia, on May 9, 2024. Amanda Andrade-Rhoades | The Washington Post | Getty Images Data center demand is not slowing down in the world’s largest market centered in northern Virginia, executives at Dominion Energy said Thursday. Dominion provides electricity in Loudoun County, nicknamed “Data…

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Weekly jobless claims surge to 241,000, more than expected, in latest sign of economic trouble newsthirst.

Initial unemployment claims posted an unexpected increase last week in a potential trouble sign for the wobbling U.S. economy. First-time filings for unemployment insurance totaled 241,000 for the week ending April 26, up 18,000 from the prior period and higher than the Dow Jones estimate for 225,000, the Labor Department reported Thursday. Continuing claims, which…

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