Economy
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U.S. airline fuel expenses up 78% in April despite using less fuel than last year
Airlines spent nearly $6.5 billion on 1.573 billion gallons of fuel in April, compared with $3.6 billion on 1.575 billion gallons in April 2025.
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Blockades of Strait of Hormuz push U.S. exports up in April as trade deficit shrinks
The combined increases in exports and imports resulted in the trade deficit shrinking to $55.9 billion, a dip of 1.2% over the previous month.
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US economy added 172K jobs in May, far exceeding Wall Street expectations
The unemployment rate for May remained at 4.3%.
