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A steel worker of ThyssenKrupp walks in front of a blast furnace at a ThyssenKrupp steel factory in Duisburg, western Germany, November 14, 2022. REUTERS/Wolfgang Rattay/File Photo Acquire Licensing Rights BERLIN, Sept 25 (Reuters) – German business morale deteriorated slightly in September, falling for the fifth month in a row, a survey showed on Monday. … Read more
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Sept 22 (Reuters) – U.S. government services would be disrupted and hundreds of thousands of federal workers furloughed without pay if Congress fails to provide funding for the fiscal year starting Oct. 1. Workers deemed “essential” would remain on the job, but without pay. Many government agencies have not updated shutdown plans they have prepared … Read more
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Sunak delays petrol car ban by 5 years Eases targets on heating, insulation Says UK is committed to overall 2050 net zero target Businesses complain over changing targets LONDON, Sept 20 (Reuters) – Prime Minister Rishi Sunak watered down Britain’s plans to tackle climate change on Wednesday, saying he would delay a ban on sales … Read more
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Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 11, 2023. REUTERS/Brendan McDermid/File Photo Acquire Licensing Rights Fed sees 25 bp hike this year, 50 bp cuts in 2024 Fed’s projections see inflation approaching goal at end of 2025 Klaviyo jumps in debut Indexes: Dow up … Read more
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WASHINGTON, Sept 18 (Reuters) – U.S. House of Representatives Speaker Kevin McCarthy plunged forward on Monday into the biggest challenge of his eight months as the top Republican in Congress as he tries to avoid a government shutdown in less than two weeks without losing his speakership. The Republican-controlled House and the Democratic-led Senate have … Read more
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WASHINGTON, Sept 13 (Reuters) – American technology leaders including Tesla (TSLA.O) CEO Elon Musk, Meta Platforms (META.O) CEO Mark Zuckerberg and Alphabet (GOOGL.O) CEO Sundar Pichai met with lawmakers at Capitol Hill on Wednesday for a closed-door forum that focused on regulating artificial intelligence. Lawmakers are grappling with how to mitigate the dangers of the … Read more
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[1/2]A person arranges groceries in El Progreso Market in the Mount Pleasant neighborhood of Washington, D.C., U.S., August 19, 2022. REUTERS/Sarah Silbiger Acquire Licensing Rights Sept 6 (Reuters) – U.S. economic growth was modest amid a cooling labor market and slowing inflation pressures in July and August, a Federal Reserve report published on Wednesday showed, … Read more
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U.S. President Joe Biden leaves following services at St. Edmond’s Catholic Church in Rehoboth Beach, Delaware, U.S. September 3, 2023. REUTERS/Amanda Andrade-Rhoades/File Photo Acquire Licensing Rights REHOBOTH BEACH, Delaware, Sept 4 (Reuters) – President Joe Biden travels to Philadelphia on Monday to mark U.S. Labor Day in a political battleground state where the White House … Read more
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Nonfarm payrolls increase 187,000 in August Unemployment rate rises to 3.8% from 3.5% in July Average hourly earnings gain 0.2%; up 4.3% year-on-year WASHINGTON, Sept 1 (Reuters) – U.S. job growth picked up in August, but the unemployment rate jumped to 3.8% and wage gains moderated, suggesting that labor market conditions were easing and cementing … Read more
Aug 25 (Reuters) – Investment firm Tiger Global Management LLC, known for its early bets on tech firms like Meta (META.O) and Spotify , on Friday told limited partners it has been the target of a series of misinformation attacks by a former employee, according to a letter seen by Reuters. The firm was responding … Read more