Business News
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US military says it's reimposed blockade of Iranian ports in response to Iran’s attacks on ships in the Strait of Hormuz
US military says it's reimposed blockade of Iranian ports in response to Iran’s attacks on ships in the Strait of Hormuz
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New York won't build big data centers for a year as it weighs energy and climate risks
New York is blocking new large data centers that fuel artificial intelligence for up to a year to protect the environment and energy grid
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Subaru issues recall for 541,000 SUVs over label with incorrect weight rating
Subaru of America is recalling over 541,000 Crosstrek, Forester and Ascent vehicles in the U.S. due to an inaccurate label
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Buffett omits gift to Bill Gates' foundation after Microsoft cofounder's Epstein ties disclosed
Billionaire Warren Buffett omitted Bill Gates′ foundation from his annual donations this year after disclosures of the Microsoft co-founder’s ties to convicted sex offender Jeffrey Epstein
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Banks rake in big profits as both Wall Street and the US consumer stay strong
Five of the biggest U.S. banks reported record profits on Tuesday, boosted by their trading desks and a remarkably resilient American consumer amid persistent global economic uncertainty
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Inflation cools more than expected in June as gas costs fall, underlying prices ease
U.S. inflation cooled last month as the cost of gas, clothes, and used cars fell, providing some relief to consumers, while underlying price pressures also slowed more than expected
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US is launching additional strikes on Iran ahead of threatened blockade in the Strait of Hormuz, US official says
US is launching additional strikes on Iran ahead of threatened blockade in the Strait of Hormuz, US official says
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Warsh says Fed has 'no tolerance' for high inflation but provides no hints on next move
Federal Reserve Chair Kevin Warsh pledged to make high inflation “a thing of the past” in his first congressional testimony Tuesday, yet provided no signal about the central bank’s next steps
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Bahrain warns people to seek shelter as air raid sirens sound
Bahrain warns people to seek shelter as air raid sirens sound
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Earthquake aid keeps flowing from Florida to Venezuela, as volunteers unite to help recovery
Eighteen-year-old Alessandra Izaguirre is part of a massive grassroots effort to help Venezuela after devastating earthquakes
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