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Trending: Asian shares advance, yen slips after AI stocks push higher on Wall Street
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US opens Tesla probe after more crashes involving its so-called full self-driving technology

WASHINGTON (AP) — Federal auto safety regulators have opened yet another investigation into Tesla’s so-called full-self driving technology after dozens of incidents in which its vehicles ran red lights or drove on the wrong side of the road, sometimes crashing into other vehicles and ...
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Average long-term US mortgage rate eases to 6.3%, back to its lowest level in about a year

The average rate on a 30-year U.S. mortgage edged lower this week, returning to its lowest level in about a year. The average long-term mortgage rate slipped to 6.3% from 6.34% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged ...
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Gold’s rush above $4,000/oz cements status as global bellwether 

By Anjana Anil and Kavya Balaraman (Reuters) -Gold’s unprecedented ascent this week to the $4,000 an ounce milestone and beyond puts it on course for its best year since the Iranian Revolution in 1979, solidifying its status as a barometer for global geopolitics and the ...
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Copper output from Chile’s Codelco slides 25% in August after deadly mine accident

SANTIAGO (Reuters) -Copper production from Chilean state-run miner Codelco tumbled 25% in August, data from copper commission Cochilco showed on Thursday, after a deadly collapse stunted output from its most-profitable mine. Codelco’s El Teniente mine was forced to halt production after the July 31 accident ...
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Analysis-Fear of missing out trumps other worries as euphoria grips US stock options traders

By Saqib Iqbal Ahmed NEW YORK (Reuters) -At a time when investors could worry about tariffs, growth, and shifting Federal Reserve policy, their biggest fear looks to be missing out on further stock market gains, options data showed. With stocks hitting new highs, traders in the ...
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Canada’s stats agency warns trade data could be delayed by US government shutdown

By Promit Mukherjee OTTAWA (Reuters) -Canada’s federal statistics agency said on Thursday it might have to postpone releasing September international trade data next month if the U.S. government shutdown drags on. The last time this happened was in December 2018, when the U.S. government shutdown lasted ...
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Trump brothers-backed Dominari Holdings cleared to lead IPOs on NYSE

By Ateev Bhandari (Reuters) -Dominari Holdings, a company backed by the sons of U.S. President Donald Trump, said on Thursday its financial advisory business has won approval to be a lead or principal underwriter for initial public offerings on the New York Stock Exchange. The ability ...
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New US sanctions target 50 people, companies and ships for allegedly aiding Iran’s oil and gas trade

WASHINGTON (AP) — The Trump administration on Thursday imposed sanctions on a group of 50 people, companies and ships largely out of the United Arab Emirates, Hong Kong and China, alleging they were facilitating the shipment of Iranian oil and sales of liquefied petroleum ...
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Wall Street subdued at open after Powell offers no rate clues

(Reuters) – Wall Street’s main indexes posted subdued gains at open on Thursday after Federal Reserve Chair Jerome Powell offered no fresh policy signals, leaving investors to rely on older data to shape sentiment. The Dow Jones Industrial Average rose 20.5 ...
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Copper hits $11,000 a ton for first time since May 2024

(Reuters) -Copper prices hit $11,000 per metric ton on Thursday, a level not seen in over 16 months, as widespread disruption at mines sparks fears of a shortage of supply and attracts speculative inflows. Benchmark three-month copper on the London Metal Exchange rose 3.1% to ...
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Shares of rare earths miners rise after China tightens export controls

By Vallari Srivastava (Reuters) -Shares of rare earths miners rose in morning trade on Thursday after China tightened export controls on metals crucial to the weapons and electronics industries, aiming to limit shipments to overseas defense firms and semiconductor users. The announcement follows U.S. lawmakers’ ...
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Brazil inflation rebounds in September despite falling food prices

SAO PAULO (Reuters) -Brazil’s inflation resumed growth in September, despite the continuous easing in food prices, data from statistics agency IBGE showed on Thursday. Consumer prices in Latin America’s largest economy rose 0.48% in September, up from a 0.11% drop in August, the agency said. ...
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