Economic News
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Hit by scandal, Japan's top automaker Toyota reports lower profits
Toyota’s July-September profit has sunk to less than half of what it was in the same period the previous year, as a production stoppage that followed a certification scandal and recalls dented vehicle sales
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Stock market today: Wall Street rallies on Election Day as economy remains solid
U.S. stocks rallied as voters headed to the polls on the last day of the presidential election and as more data piled up to show the economy remains solid
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AP VoteCast: Harris voters motivated by democracy, Trump supporters by inflation and immigration
AP VoteCast: Harris voters motivated by democracy, Trump supporters by inflation and immigration
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Boeing's machinists strike is over but the troubled aerospace giant still faces many challenges
Factory workers at Boeing have voted to accept a contract offer and end their strike after more than seven weeks
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Strike at Boeing was part of a new era of labor activism long in decline at US work places
Aircraft assembly workers at Boeing factories near Seattle and elsewhere ended a seven-week strike overnight
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Saudi oil giant Aramco posts third-quarter profits of $27.5 billion, down 15% from a year earlier
Saudi Arabian oil giant Aramco has reported third-quarter profits of $27.5 billion, down about 15% from last year as low oil prices ate into its revenues
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Boeing machinists hold contract vote that could end their 7-week strike
The voting has closed for unionized factory workers at Boeing who were deciding whether to accept a contract offer or to extend their strike
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US agency ends investigation into Ford engine failures after recall and warranty extension
U.S. auto safety regulators have ended an investigation into Ford engine failures after the company replaced engines or extended the warranty on some vehicles
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Federal Reserve is set to cut rates again while facing a hazy post-election outlook
No one knows how Tuesday’s presidential election will turn out, but the Federal Reserve’s move two days later is much easier to predict: With inflation continuing to cool, the Fed is set to cut interest rates for a second time this year
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TGI Fridays files for bankruptcy protection as sit-down restaurant struggles continue
Restaurant chain TGI Fridays says it has filed for bankruptcy protection as it looks for ways to “ensure the long-term viability” of the casual dining brand
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