Business News
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US House clears a largely bipartisan package of bills to counter China
The U.S. House this week approved a sweeping package of bills to counter China’s influence
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American Airlines flight attendants ratify contract that ends their threats to go on strike
Flight attendants at American Airlines have approved a new contract after years of negotiations
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A strike would add to turbulent times at Boeing
A strike by the 33,000 factory workers who assemble some of Boeing’s best-selling planes would come as another blow to a company whose bottom line and reputation have taken plenty of hits this year
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Betting on control of Congress begins minutes after judge clears way for bets on US Elections
Betting on control of Congress begins minutes after judge clears way for bets on US Elections
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US consumer watchdog moves to permanently ban Navient from federal student loan servicing
The U.S. Consumer Finance Protection Bureau has filed a proposed order to permanently ban Navient from directly servicing federal student loans, which the agency says will end years of abusive lending practices
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Tech billionaire pulls off first private spacewalk high above Earth
A tech billionaire has performed the first private spacewalk hundreds of miles above Earth
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Senate committee to vote to hold Steward Health Care CEO in contempt
Members of a Senate committee looking into the Steward Health Care bankruptcy said they plan to vote next week to adopt two resolutions to hold Steward CEO Ralph de la Torre in contempt after he refused to attend a hearing Thursday despite being issued a subpoena
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Inflation's down and the European Central Bank has cut rates, again. Next up: The Fed
With inflation subsiding, the European Central Bank is cutting its benchmark interest rate to prop up tepid growth with lower borrowing costs for companies and home buyers
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Freddie Mac says the average rate on a 30-year mortgage fell to 6.20% this week, its lowest level since February 2023.
Freddie Mac says the average rate on a 30-year mortgage fell to 6.20% this week, its lowest level since February 2023.
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Norfolk Southern sets salary and bonus for newly promoted CEO after firing Alan Shaw
Norfolk Southern said Thursday that its new CEO’s salary will jump to $1 million now that Mark George has been promoted from chief financial officer, and he will be eligible for a $2.25 million bonus and significant stock awards for performance
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