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Italy’s pasta exporters say import and antidumping duties totaling 107% on their pasta brands will make doing business in America too costly and are preparing to pull out of U.S. stores as soon as January.

The longest government shutdown in US history has deprived investors of almost all of the country’s most important economic data — including two of the monthly jobs reports that set the tone for markets and the Federal Reserve. Now they need to prepare for a deluge.

The US and China suspended port fees on each other’s ships for one year and paused probes into maritime practices, in another sign of easing tensions between the world’s two largest economies. https://buff.ly/1U7MuJX

China’s deflation is deeper than official data suggests, with prices for many everyday goods dropping over the past two years, Bloomberg analysis shows. The resulting deflationary spiral—marked by weak demand, falling wages, and shrinking corporate margins—is hurting consumers and businesses alike. And it will have global effects. https://buff.ly/7Hz9EmV

Trump has been in office long enough for Americans to expect at least glimmers of the economic golden age he promised—but many say the economy isn’t working for them.

The price of electricity has increased 40% since February 2020, according to the Bureau of Labor Statistics. The increase is driven by multiple factors including changes in final demand and the rising cost of natural gas. https://buff.ly/XmGvLTz