Breaking News: Economy
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Russian central bank surprises markets by holding key rate at 21%
MOSCOW, Russia: The Russian central bank has cut its key interest rate by 300 basis points for a third time…
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From Nike to Intel, CEO departures at U.S. companies hit a record this year
Clockwise from top: Former Boeing CEO Dave Calhoun (CNBC), Starbucks former CEO Laxman Narasimhan (Getty Images), former Nike CEO John…
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House GOP tees up vote on bill to avert government shutdown; Democrats’ opposition grows
WASHINGTON — House Republicans agreed Thursday to a short-term federal funding deal that if approved would avert a government shutdown…
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The Fed’s rate outlook has rattled markets. Here’s what it means for global central banks
U.S. Federal Reserve Chair Jerome Powell speaks during a press conference where he announced the Fed had cut interest rates…
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Fed cuts by a quarter point, indicates fewer reductions ahead
WASHINGTON – The Federal Reserve on Wednesday lowered its key interest rate by a quarter percentage point, the third consecutive…
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The Fed has a big interest rate decision coming Wednesday. Here’s what to expect
Federal Reserve Chair Jerome Powell speaks during a news conference following the Nov. 6-7, 2024, Federal Open Market Committee meeting…
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Majority of Americans are ready to support Trump and large parts of his agenda, says CNBC survey
President-elect Donald Trump dances after speaking during the Fox Nation’s Patriot Awards at the Tilles Center in Greenvale, New York,…
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Iran faces dual crisis amid currency drop and loss of major regional ally
A briefcase filled with Iranian rial banknotes sits on display at a currency exchange market on Ferdowsi street in Tehran,…
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Why it’s gotten more difficult to get a free first-class upgrade
Passengers deplane through the business class seating area on an American Airlines flight, London Heathrow Airport, Aug. 14, 2018. Jeff…
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10-year Treasury yield hovers above 4.3% as investors focus on the Fed’s rate decision
The benchmark 10-year Treasury yield was mostly flat on Friday as investors look ahead to the Federal Reserve’s final meeting…
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