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May 7, 2025: Trump Teases Trade Deal, Plans to Rescind Chip Curbs, More

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Jobless Claims Rise Amid Stock Market Gains

This chapter discusses the recent increase in U.S. jobless claims, driven by factors like federal job cuts and public school furloughs in New York City. It also touches on the positive performance of major stock market indices, concluding with a mention of Bloomberg News Now's updates.

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