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Fed discussed pulling back on bond purchases later this year

Federal Reserve officials last month discussed the idea of beginning to dial back their extraordinary support for the U.S. economy later this year, though they stopped short of a firm […]

Some customers’ personal data exposed in T-Mobile breach

The names, Social Security numbers and information from driver’s licenses or other identification of just over 40 million former and prospective customers that applied for T-Mobile credit were exposed in […]

Housing construction slumps 7% in July to 1.53 million units

Home construction fell a sharp 7% in July as home builders struggled to cope with a variety of headwinds. The decline in July put home construction at a seasonally adjusted […]

European stock markets slip, Asian markets advance

European stock markets opened lower Wednesday while Asia advanced as investors awaited an update from the Federal Reserve on possible plans to reduce U.S. stimulus. Wall Street futures also declined […]

Taliban destroy statue of foe, stoking fear over their rule

The Taliban have blown up the statue of a Shiite militia leader who fought against them during Afghanistan’s civil war in the 1990s, according to photos circulating on Wednesday, sowing […]

Kansas City Southern delays vote on $33.6B rail takeover bid

Kansas City Southern decided Tuesday to will delay this week’s planned shareholder vote on Canadian National’s $33.6 billion offer to buy the railroad because regulators haven’t yet ruled on a […]

South African activists slam J&J for exporting vaccines

Health activists in Africa have slammed Johnson & Johnson for exporting vaccines produced in South Africa to countries in Europe, which have already immunized large numbers of their people and […]

TSA extends into January mask rule for airline passengers

Federal officials are extending into January a requirement that people on airline flights and public transportation wear face masks, a rule intended to limit the spread of COVID-19. The Transportation […]

Fed’s Powell: There’s no returning to pre-pandemic economy

Federal Reserve Chairman Jerome Powell said Tuesday that the U.S. economy has been permanently changed by the COVID pandemic and it is important that the central bank adapt to those […]

Japan’s imports, exports grow on overseas economic rebound

Japan’s exports in July jumped 37% from a year ago, the government said Wednesday, highlighting an overseas recovery from the coronavirus pandemic. Imports also grew, rising 28.5%, according to Finance […]