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Federal Reserve officials at December meeting expected slower pace of rate cuts ahead
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Federal Reserve officials at their meeting Dec. 17-18 expected to dial back the pace of interest rate cuts this year in the face of persistently elevated inflation and the threat of widespread …
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By CHRISTOPHER RUGABER
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1/8/25
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Meta tries letting Facebook Marketplace users view eBay listings as way to resolve EU charges
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Meta says it will allow some Facebook users to view eBay listings on its Marketplace service. It's trying out a possible way to resolve European Union charges of anticompetitive behavior. The social …
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By KELVIN CHAN
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1/8/25
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Ski patrollers reach deal to end strike at Utah's Park City Mountain Resort
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Ski patrollers at the biggest U.S. ski resort say they have reached a deal with Utah’s Park City Mountain Resort to end a strike that put a wrench in operations during the busy holiday season. A …
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1/8/25
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IRS has improved taxpayer services but is slow to resolve ID theft, an independent watchdog says
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An independent watchdog finds the IRS has improved its overall taxpayer service through Democrats' Inflation Reduction Act but still faces delays processing claims from a coronavirus pandemic-era tax …
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By FATIMA HUSSEIN
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1/8/25
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Speaker Mike Johnson says Trump is the coach calling plays. But what if coach changes his mind?
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House Speaker Mike Johnson often says he sees himself as the quarterback and President-elect Donald Trump as the coach calling plays on their legislative priorities. But as Republicans take power in …
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By LISA MASCARO and KEVIN FREKING
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1/8/25
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At last, some welcome news on college costs. Tuition has fallen significantly at many schools
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New research indicates students are paying significantly less to attend public universities than they were a decade ago. And tuition increases at private colleges have finally slowed after years of …
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By NICK PERRY and CHEYANNE MUMPHREY
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1/8/25
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US applications for jobless claims fall to 201,000, lowest level in nearly a year
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U.S. applications for unemployment benefits fell to their lowest level in nearly a year last week, pointing to a still healthy labor market with historically low layoffs. The Labor Department on …
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By MATT OTT
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1/8/25
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Top Fed official backs new rate cuts even if Trump tariffs materialize
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A top policymaker at the US Federal Reserve says that he still supports reducing interest rates this year, despite elevated inflation and the prospect of widespread tariffs. Christopher Waller, an …
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By CHRISTOPHER RUGABER
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1/8/25
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Lawsuit alleges racial and gender discrimination led to an Air Force contractor's death
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The family of a Air Force contractor who was killed when she walked into a rotating drone propeller has filed a lawsuit against her company, Sumaria Systems LLC, claiming her trainer subjected her to …
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By ALEXANDRA OLSON
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1/8/25
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Edmunds: The best used all-wheel-drive cars you can get for under $25,000
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All-wheel drive might not be a must-have, but it adds safety, security and peace of mind if you live in a cold climate. And it’s available at a reasonable price in cars where you might not expect …
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By JOSH JACQUOT
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1/8/25
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ByteDance's Lemon8 gains traction amid TikTok ban threat as creators push the app
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Hearing a lot about Lemon8 lately? You’re not the only one. Amid a looming U.S. ban on TikTok, content creators have been pushing the platform’s sister app. Lemon8 resembles an amalgamation of …
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By HALELUYA HADERO
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1/8/25
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Japan links Chinese hacker MirrorFace to dozens of cyberattacks targeting security and tech data
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Japan has linked more than 200 cyberattacks over the past five years targeting the country’s national security and high technology data to a Chinese hacking group, MirrorFace. They included alleged …
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By MARI YAMAGUCHI
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1/8/25
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Austrian Foreign Minister Alexander Schallenberg to serve as the country's interim leader
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The Austrian president's office says Foreign Minister Alexander Schallenberg will serve as the country’s interim leader while the far-right Freedom Party attempts to put together a new coalition …
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1/8/25
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CNN defamation trial comes at a rough time for legacy media — and for the struggling network
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CNN is on trial for libel this week before a jury in Florida, and it comes at a particularly inopportune time for legacy media. The media is already the frequent target of criticism by …
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By DAVID BAUDER
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1/8/25
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Exxon Mobil Corp. sues California attorney general for defamation over plastic recycling claims
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Exxon Mobil Corp. has filed a federal defamation lawsuit against California Attorney General Rob Bonta and several environmental groups. The filing Monday in the Eastern District of Texas comes …
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1/7/25
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Biden administration withdraws old growth forest plan after getting pushback from industry and GOP
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The Biden administration is dropping its plan to conserve old growth forests after getting pushback from Republicans and the timber industry. The abrupt move was announced Tuesday by U.S. Forest …
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By MATTHEW BROWN
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1/7/25
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Biden administration finalizes clean electricity tax credits, says Trump should keep in place
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Biden administration officials say new tax credits are available for companies that generate clean electricity and it would be a mistake for President-elect Donald Trump to try to undo them. The …
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By JENNIFER McDERMOTT and ISABELLA O'MALLEY
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1/7/25
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US opens another Tesla probe, latest focused on tech that remotely returns car to driver
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U.S. regulators have opened an investigation into 2.6 million Teslas after reports of crashes involving the use of company technology that allows drivers to remotely command their vehicle to return …
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By BERNARD CONDON
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1/7/25
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Elon Musk has expressed interest in buying English soccer club Liverpool, his father says
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Elon Musk’s father says his billionaire son has expressed interest in buying English soccer club Liverpool. The Premier League club is privately owned by Fenway Sports Group, which has not …
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By The Associated Press
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1/7/25
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How removing unpaid medical bills from credit reports could help consumers
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Lenders soon won't be able to consider unpaid medical bills as a credit history factor when they evaluate potential borrowers in the U.S. for mortgages, car loans or business loans. A rule the …
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By CORA LEWIS
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1/7/25
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