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Fed’s Collins says ‘likely appropriate’ to keep policy rate on hold

By Ann Saphir (Reuters) -Boston Federal Reserve President Susan Collins, who voted for the Fed's policy-rate reduction last month, said on Wednesday she sees a "relatively high bar" for additional easing in the near term, citing worries about elevated inflation. "Absent evidence of a notable labor ...
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This gift guide for movie lovers ranges from candles and pj’s to books for babies and adults

If you think gifts for movie lovers begin and end with Blu-Rays and cineplex gift cards, think again. There's lots of ways to get creative (and impress) the film fan in your life. You could always splurge on a Sundance Film Festival pass (starting ...
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A flotilla kicks off the People’s Summit for activists at UN climate talks

BELEM, Brazil (AP) - As United Nations climate talks rolled on Wednesday at the elaborate new venues built for the summit, many of the activists eager to shape the talks took to the water. Carried by scores of boats large and small, a vast group ...
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What to know as the US Mint in Philadelphia presses its final penny

The U.S. Mint in Philadelphia on Wednesday pressed its last penny, marking the latest step in the 1-cent coin's demise. President Donald Trump ordered the cancelation of the penny earlier this year, noting that the cost of making them had became more than their ...
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A jar of local flavors can spark memories and add a personal touch to gift-giving

A gift doesn't have to be big or pricy to feel thoughtful. Instead of the usual bottle of wine, give something that makes your recipient feel truly seen: a little edible treasure that nods to their hometown, heritage or favorite trip from years ago. It's ...
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Lawmakers say Paramount Skydance ‘stonewalling’ probe into Trump merger approval

WASHINGTON (Reuters) -The top Democrats on two U.S. House of Representatives committees said Wednesday Paramount Skydance had refused to answer key questions or provide documents tied to the Trump administration's approval of its the company's $8.4 billion merger with the CBS News-parent company. Representatives Jamie ...
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US FTC investigating proxy advisers ISS and Glass Lewis, WSJ reports

(Reuters) -The U.S. Federal Trade Commission is investigating proxy advisory firms Institutional Shareholder Services and Glass Lewis for potential antitrust violations, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.(Reporting by Ateev Bhandari in Bengaluru; ...
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Exclusive-BP in active talks with Stonepeak over Castrol sale, sources say

By Amy-Jo Crowley, David French and Andres Gonzalez LONDON/NEW YORK (Reuters) -BP is in active negotiations with investment firm Stonepeak over the sale of its Castrol lubricants unit, according to two people with knowledge of the situation, in what would be a major step in ...
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White House says some economic data impaired by government shutdown

WASHINGTON (Reuters) -The White House said on Wednesday that October jobs and inflation data reports might never be released as a consequence of the government shutdown. Spokeswoman Karoline Leavitt told reporters at a briefing the shutdown impaired federal statistics collection, leaving Federal Reserve policymakers flying ...
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WeightWatchers to sell Novo Nordisk’s Wegovy pill after 2026 launch

By Bhanvi Satija LONDON (Reuters) -WeightWatchers' CEO said on Wednesday it plans to sell Novo Nordisk's much-anticipated Wegovy in pill form if it is launched next year in the United States, deepening its tie-up with the Danish obesity drugmaker. The collaboration is a potential boost for ...
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OpenAI fights order to turn over millions of ChatGPT conversations

By Blake Brittain (Reuters) -OpenAI asked a federal judge in New York on Wednesday to reverse an order that required it to turn over 20 million anonymized ChatGPT chat logs amid a copyright infringement lawsuit by the New York Times and other news outlets, saying ...
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Record number of subprime borrowers miss car loan payments in October, data shows

By Manya Saini (Reuters) -The share of subprime borrowers at least 60 days behind on their auto loans rose to 6.65% in October, the highest level on record, according to Fitch Ratings data going back to the early 1990s. CONTEXT Subprime borrowing refers to lending to consumers ...
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