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| Are the Fed's rate cuts helping? Have a look NEW YORK/WASHINGTON (Reuters) - Ask a Federal Reserve official if the clutch of interest rate cuts it has delivered this year are helping the economy and you will get a swift answer: Yes. FILE PHOTO: Federal Reserve Chair Jerome Powell holds a news ... | |
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| Ford and UAW reach quick deal to avoid a strike New York (CNN Business) There apparently will be no repeat of the painful and expensive six-week strike by General Motors workers at rival automaker Ford. Less than a week after members of the United Auto Workers union returned to work at GM (GM), ... | |
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| Xi Connection Makes China Property Developer a Blockchain Winner As the blockchain frenzy fades in China, one stock continues to rally as investors bank on its connection with President Xi Jinping. Xinhu Zhongbao Co. holds nearly half of a firm whose chairman briefed Xi and other top officials about the technology last week. | |
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| September Quarter's GDP Growth Was Fueled By Auto Output The Bureau of Economic Analysis or BEA released its first estimate for September quarter's GDP growth. While the 1.9% result is a bit better than the 1.6% estimate, it is the second lowest for President Trump's time in office. It is also much lower than the 4% to ... | |
| Agreement Announced for New NJ Transit Rail Station An agreement has been reached to build a new train station along New Jersey Transit's Northeast Corridor Line. Democratic New Jersey Gov. Phil Murphy announced a memorandum of understanding Wednesday between the state and the Middlesex County ... | |
| SoftBank Wires $1.5 Billion to WeWork Before Cash Runs Out WeWork said it received an early payment of $1.5 billion from SoftBank Group Corp., as the co-working company was weeks away from running out of money. As a result, a slate of governance changes went into effect Wednesday, including the replacement of ... | |
| The largest private coal company in America just went broke Murray Energy, the largest private coal company in the U.S., has filed for bankruptcy protection. It is just one of several similar companies to seek these protections this year. Its decline has been years in the making, and is another sign that the market has ... | |
| Mario Draghi's defining moment Mario Draghi formally steps down as head of the European Central Bank on Thursday, handing the reins to Christine Lagarde. Draghi took over in 2011, as Europe was still recovering from the global financial crisis and the eurozone was at risk of breaking up. | |
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| How aeroplane food goes from the kitchen to your flight More than 44,000 flights take off around the world every day, and many of those on-board are hungry. On shorter flights, these passengers may opt for a snack pack; on longer ones, they may get a full-fledged meal. Preparing the latter is no small feat. | |
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