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Trending: Boeing deal with Spirit Aero could close as early as Monday, notice says
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Lower rates would likely eliminate the need for 50-year mortgage, Treasury adviser says

(Refiles to correct story identifier metadata for some readers, no change to content of story) New York, Dec 3 (Reuters) - Lower interest rates would likely eliminate the need for a 50-year mortgage floated by President Donald Trump's administration to boost housing affordability, Joseph ...
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Trump to propose sharp rollback in US vehicle fuel economy rules

WASHINGTON, Dec 3 (Reuters) - The Trump administration on Wednesday will propose a significant rollback of fuel economy standards finalized by former President Joe Biden last year in its latest push to make it easier for automakers to sell gas-powered cars, automakers and sources ...
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US FTC says Boeing must divest Spirit AeroSystems assets to proceed with merger

Dec 3 (Reuters) - The U.S. Federal Trade Commission said on Wednesday it would require Boeing to divest significant Spirit AeroSystems assets to resolve competition concerns around its $8.3 billion acquisition of the airline supplier. (Reporting by Bhargav Acharya and Ryan Patrick Jones in ...
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OpenAI awards $40.5M to a wide range of nonprofits under new foundation structure

OpenAI will award $40.5 million to more than 200 nonprofits before the end of the year, following an open call for applications in September. This is the first wave of donations since the maker of ChatGPT rebranded its nonprofit as the OpenAI Foundation in October. ...
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The PlayStation turns 30: Looking back at the console that gave us Lara Croft and ‘The Last of Us’

NEW YORK (AP) - When Kendrick Lamar began his Super Bowl halftime show earlier this year, he picked a stage design likely familiar to anyone tuning in: a square, triangle, cross and circle. The Grammy-winning rapper - in front of more than 133 million people ...
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Citizens Bank sees resilient consumer finances and spending

By Saeed Azhar NEW YORK, Dec 3 (Reuters) - U.S. consumer finances remain broadly healthy, even though there are some signs of stress for borrowers with lower credit scores, Brendan Coughlin, president of Citizens Financial Group, said on Wednesday. "I don't see any macro signs of ...
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Lockheed Martin opens new hypersonic weapons facility

Dec 3 (Reuters) - Lockheed Martin said on Wednesday it has opened a hypersonics system integration lab at its Huntsville campus as it pushes to develop next-generation weapons. Hypersonic weapons, which can travel at more than five times the speed of sound and evade traditional ...
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Bessent: China is reaching ‘correct cadence’ to complete promised US soybean purchases

NEW YORK, Dec 3 (Reuters) - U.S. Treasury Secretary Bessent said he was very optimistic about the U.S. economy next year, given increased capital investments, but said interest rate cuts were needed given a weakening in certain sectors including housing. Bessent told the New York ...
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American Bitcoin steadies after share lock-up expiry sparks near 40% plunge

Dec 3 (Reuters) - Shares of American Bitcoin, a bitcoin miner backed by two of U.S. President Donald Trump's sons, steadied in premarket trading on Wednesday, a day after slumping nearly 40% following the expiry of a share lock-up. The stock rose 9% to $2.39 ...
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Brazil’s 2025 chicken exports to rise despite bird flu trade bans

By Ana Mano SAO PAULO, Dec 3 (Reuters) - Brazilian chicken exports are expected to rise up to 0.5% this year to 5.32 million metric tons, meat lobby ABPA said on Wednesday, after exporters avoided trade bans triggered by a bird flu outbreak in May, ...
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European Rearmament Bank seeks merger with JPMorgan-backed rival multilateral lender

By Maria Martinez and Iain Withers BERLIN/LONDON, Dec 3 - The European Rearmament Bank (ERB), an initiative to create a state-backed lender for European defence projects, has proposed merging with the Defence, Security and Resilience Bank (DSRB) to consolidate efforts and bolster their appeal to ...
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US import prices unexpectedly flat in September

WASHINGTON, Dec 3 (Reuters) - U.S. import prices were unexpectedly unchanged in September as high costs for consumer goods, excluding motor vehicles, were offset by cheaper energy products. The flat reading in import prices reported by the Labor Department's Bureau of Labor Statistics on Wednesday ...
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