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US Postal Service will not seek stamp price hike in January

WASHINGTON (Reuters) -The U.S. Postal Service said on Wednesday it will not seek to raise first-class mail stamp prices in January. In July, the money-losing USPS hiked prices to 78 cents from 73 cents, boosting overall mailing services product prices by 7.4%. USPS plans to reconsider ...
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Fed’s Goolsbee says US jobs market steady, cautions against aggressive rate cuts, FT reports

(Reuters) -Federal Reserve Bank of Chicago President Austan Goolsbee said the U.S. jobs market remains “mostly steady and solid” and warned against a series of interest rate cuts, the Financial Times reported on Thursday. Goolsbee told the newspaper he was “uncomfortable with overly frontloading a ...
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23 miners rescued after 43 hours trapped in Colombian gold mine

BOGOTA, Colombia (AP) — Twenty-three workers were rescued Wednesday after spending 43 hours trapped in a collapsed underground gold mine in northern Colombia. The miners were met with applause as they emerged from the La Reliquia mine, located in the Antioquia department. Colombia’s National Mining ...
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Honda to discontinue Acura EV assembled by GM in US

(Reuters) -Japanese automaker Honda is ceasing production of its Acura ZDX electric crossovers assembled by General Motors, the latest automaker to curtail electric-vehicle activity in the U.S. The ZDX electric model was assembled at GM’s Spring Hill assembly plant in Tennessee.    “To better align our product ...
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Aurubis starts production at US copper recycling plant

HAMBURG (Reuters) -Aurubis AG, Europe’s largest copper producer, said on Wednesday it had started production at its newly built U.S. metal recycling plant at Richmond in Georgia. The plant will reduce the need for U.S. metal imports, with production expected to reach full capacity ...
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US ready to support Argentina with $20 billion swap line, Bessent says

By Susan Heavey and Andrea Shalal WASHINGTON (Reuters) -The U.S. is currently in negotiations for a $20 billion swap line with Argentina’s central bank and stands ready to do what is needed to support the South American country, U.S. Treasury Secretary Scott Bessent said on ...
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Capital One $425 million settlement with depositors should be rejected, US states say

By Jonathan Stempel (Reuters) -A bipartisan group of 18 U.S. states told a federal judge that Capital One’s $425 million settlement with depositors who felt cheated out of high interest rates should be rejected, because it lets the bank continue short-changing customers. Led by New York ...
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