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Mortgage rates hit 6%, first time since 2008 housing crash
Sep 15, 2022 7:00 am - WASHINGTON (AP) - Average long-term U.S. mortgage rates climbed over 6% this week for the first time since the housing crash of 2008, threatening to sideline even more h...
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Commuters dodge headaches as freight-rail strike averted
Sep 15, 2022 7:00 am - ARLINGTON, Va. (AP) - A deal reached Thursday between freight rail companies and their workers has ensured that commuter rail systems that also would have been affected ...
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Boeing to resell some Max jets ordered by Chinese airlines
Sep 15, 2022 7:00 am - Boeing officials said Thursday they will find new buyers for some Boeing 737 Max jets that were built for Chinese airlines but can't be delivered because China's aviatio...
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EXPLAINER: Ethereum is ditching its 'miners.' Why?
Sep 15, 2022 7:00 am - SAN FRANCISCO (AP) - A complex software change to the cryptocurrency ethereum holds the potential to dramatically reduce its energy consumption - and resulting climate-r...
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Biden order sharpens foreign investment screening process
Sep 15, 2022 7:00 am - WASHINGTON (AP) - President Joe Biden on Thursday signed an executive order that administration officials say aims to sharpen the national security considerations taken ...
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CSX railroad hires Ford executive to replace retiring CEO
Sep 15, 2022 7:00 am - OMAHA, Neb. (AP) - CSX has hired an auto industry executive to lead the railroad after its current CEO retires. Jacksonville, Florida-based CSX Corp. said Thursday that ...
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Fewer Americans file for jobless benefits again last week
Sep 15, 2022 7:00 am - WASHINGTON (AP) - The number of Americans applying for unemployment benefits fell again last week to a four-month low even as the Federal Reserve continues its aggressiv...
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Asian stocks follow Wall St lower amid inflation pressure
Sep 15, 2022 7:00 am - BEIJING (AP) - Asian stock markets followed Wall Street lower on Friday after higher-than-expected U.S. inflation dashed hopes the Federal Reserve might ease off more in...
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FedEx to close stores, put off hiring as demand slumps
Sep 15, 2022 7:00 am - FedEx said Thursday it is shuttering storefronts and corporate offices while putting off new hires in a belt-tightening drive brought on by drop-off in its global packag...
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From carmakers to refiners, industries brace for rail strike
Sep 15, 2022 7:00 am - Car buyers might not get the vehicle they want on time, commuter rail lines could see service disrupted, and shipments from everything from oil to livestock feed could b...