Business
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Fed president says March ‘probably’ too early for rate cut after hot inflation report
"I think the December CPI report just shows there is more work to do and that work is going to take restrictive monetary policy," Cleveland Fed...
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News Corp names Arthur Bochner chief communications officer
News Corp announced Thursday that Arthur Bochner will become its chief communications officer and executive vice president, following the...
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FAA launches probe of Boeing 737 MAX 9 after midair blowout: ‘Cannot happen again’
The FAA has grounded 171 Boeing jets installed with the same panel after the landing, most of which are operated by carriers Alaska Airlines and...
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Ex-China central banker accused of accepting ‘massive’ bribes admits to ‘huge mistake’
A disgraced former Chinese central banker admitting to making a "huge mistake" after being arrested last year on suspicion of bribery.
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Hertz to sell off thousands of EVs due to exorbitant maintenance costs
Popular car rental service Hertz announced it will get rid of 20,000 electric vehicles from its fleet because of the high cost of fixing them.
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Inflation spikes in December, complicating Biden's economic pitch
Inflation accelerated in December, the Labor Department revealed Thursday, complicating President Biden's reelection argument that he has made...
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Tons of trash clogs a river in Bosnia. It's a seasonal problem that activists want an end to
With predictable seasonality, tons of garbage floats down a river at least twice a year and ends up near the eastern Bosnian town of Visegrad...
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$100 million gift from Lilly Endowment to United Negro College Fund will support HBCU endowments
The United Negro College Fund announced a donation of $100 million from the Lilly Endowment Inc., the single largest unrestricted gift to the...
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U.S. applications for jobless benefits fall to lowest level in 12 weeks
The number of Americans applying for unemployment benefits inched down to its lowest level in nearly three months last week as the U.S. labor...
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U.S. inflation edges up, fueled by food and housing prices, but many other costs rise only mildly
Higher rents and food prices boosted overall U.S. inflation in December, a sign that the Federal Reserve's drive to slow inflation to its 2% target...
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A British postal scandal ruined hundreds of lives. The government plans to try to right those wrongs
U.K. Prime Minister Rishi Sunak has said he will introduce measures to reverse the convictions of more than 900 Post Office branch managers wrongly...
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Microsoft allows cloud users to keep personal data within Europe to ease privacy fears
Microsoft said Thursday that it is upgrading its cloud computing service to let customers store all personal data within the European Union instead...