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Powell Says Fed Could Slow Rate Increases at Next Meeting

Jerome H. Powell, the Federal Reserve chair, signaled on Wednesday that the central bank could slow its rapid pace of interest rate increases at its December meeting while making clear […]




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Some Rail Workers, Seeking Sick Days, Say Biden Betrayed Them

As the legislative representative for his local union, Gabe Christenson, a longtime freight railroad conductor, worked hard to help elect Joe Biden president in 2020. “I have shirts from me […]




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Sam Bankman-Fried Blames ‘Huge Management Failures’ for FTX Collapse

On Wednesday, Treasury Secretary Janet L. Yellen called FTX’s collapse a “Lehman moment” for the cryptocurrency industry, referring to the bankruptcy of the Wall Street bank Lehman Brothers at the […]




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Elon Musk Averts Feud With Apple by Meeting Tim Cook

SAN FRANCISCO — In a series of tweets on Monday, Elon Musk, the owner of Twitter, accused Apple of sabotaging his social media company by cutting back advertising and threatening […]




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Epstein Estate Agrees to Pay U.S. Virgin Islands More Than $105 Million

The estate of Jeffrey Epstein has agreed to pay what could amount to more than $105 million to the U.S. Virgin Islands to settle claims that the disgraced financier used […]