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In Oregon’s Democratic primaries, progressive and establishment wings battle for US House seats
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Thursday, May 16
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SRN News
Anglo American has sought fertiliser partners for months, says CEO
By Clara Denina and Felix Njini LONDON (Reuters) – Anglo American has been looking for partners for its fertiliser project in North Yorkshire for around six months, Chief Executive Duncan Wanblad told Reuters, reiterating the business will be one ...
Thursday, May 16
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SRN News
United Airlines says it has regained some privileges that were suspended after problem flights
CHICAGO (AP) — United Airlines says federal regulators are letting it resume adding new routes and planes after a series of incidents, including an engine fire and a tire falling off a plane after takeoff, led them to suspend the airline’s authority to make ...
Thursday, May 16
by
SRN News
Long-term mortgage rates retreat for second straight week, US average at 7.02%
The average rate on a 30-year mortgage in the U.S. fell for the second straight week, giving some relief to home shoppers already facing sky-high prices and a shortage of supply. The average 30-year rate fell to 7.02% from 7.09% last week, mortgage buyer Freddie ...
Thursday, May 16
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SRN News
FDIC chair is grilled on Capitol Hill after report outlines agency’s toxic workplace culture
WASHINGTON (AP) — Federal Deposit Insurance Corp. Chairman Martin Gruenberg sat for a second day of grilling Thursday on Capitol Hill, this time at the Senate Banking Committee, after a damning report about the agency’s toxic workplace culture was released last week. The hearing ...
Thursday, May 16
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SRN News
Fed’s Mester seeks more evidence inflation pressures are easing
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Cleveland President Loretta Mester said on Thursday holding U.S. central bank policy at current levels will help get still-high inflation back to the 2% target. “Monetary policy is well ...
Thursday, May 16
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SRN News
LATAM Airlines expands frequency of Brazil international flights; Air France adds route
By Gabriel Araujo SAO PAULO (Reuters) – LATAM Airlines will increase the frequency of seven of its international routes connecting Brazil to the United States and countries in Europe and Africa, it said on Thursday. The move by Chile-based LATAM, whose local ...
Thursday, May 16
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SRN News
White House’s Brainard says China’s exports can undermine investments in US
WASHINGTON (Reuters) – White House National Economic Adviser Lael Brainard said on Thursday China’s industrial capacity and exports in certain sectors are so large, they can undermine the viability of investments in the United States. “China is now simply too big ...
Thursday, May 16
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SRN News
US Supreme Court upholds consumer finance watchdog agency’s funding mechanism
By John Kruzel WASHINGTON (Reuters) -The U.S. Supreme Court on Thursday upheld the Consumer Financial Protection Bureau’s funding mechanism in a challenge brought by the payday loan industry, handing a victory to President Joe Biden’s administration and a setback to the agency’s conservative critics. The 7-2 ...
Thursday, May 16
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ABC News
Dow Jones Industrial Average hits 40,000 for the 1st time
(NEW YORK) -- The Dow Jones Industrial Average crossed 40,000 for the first time in history on Thursday.This is a significant and symbolic milestone for the index that tracks 30 of the most valuable publicly traded companies in the U.S.The Dow is now up ...
Thursday, May 16
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SRN News
EA Sports College Football 25 comes out on July 19. Edwards, Ewers, Hunter are on standard cover
EA Sports revealed a release date of the College Football 25 video game on Thursday and a cover image that features Michigan running back Donovan Edwards, Texas quarterback Quinn Ewers and Colorado two-way player Travis Hunter. The game will launch July 19 for PlayStation 5 ...
Thursday, May 16
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SRN News
Ampere Computing pairs with Qualcomm on AI, unveils new chip
By Stephen Nellis and Max A. Cherney (Reuters) – Ampere Computing on Thursday said it was pairing its chips with those from Qualcomm in a new offering aimed at lowering the power bills from operating artificial intelligence chips. Founded by Renee ...
Thursday, May 16
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SRN News
Dow hits 40,000 on earnings boost, rate cut bets: Instant View
NEW YORK (Reuters – The Dow Jones Industrial Average surpassed 40,000 points for the first time on Thursday, the blue-chip index’s fastest 10,000 point-climb, powered by strong quarterly results and rising bets of interest rate cuts by the Federal ...
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