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Business
Iraqi state bank accused of processing payments for Houthi terrorists who disrupt Red Sea commerce
EXCLUSIVE: The Iraqi state-owned bank Rafidain faces accusations that it processed payments for the U.S.-designated Yemen-based Houthi terrorist movement at its branch in…
Big Pharma is falling out of love with Britain
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.There may be a good bit of posturing in AstraZeneca chief…
Treasury's Bessent says fixing housing affordability crisis will be one of his 'big projects' this fall
Treasury Secretary Scott Bessent said on Thursday that one of his top priorities is addressing the U.S. housing affordability crisis. "We are really going to work on this…
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Lowe's launches skilled trades academy for military members and spouses
Lowe's, the Lowe’s Foundation and Hiring our Heroes are launching a skilled trades academy focused on helping military members and spouses transition into trades careers. The…
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Treasury Secretary Scott Bessent pushes back on claims he’s pressuring the Fed to slash rates
Treasury Secretary Scott Bessent says he isn't in the business of giving the Fed marching orders, but his view that a neutral interest rate would be 150 basis points below the…
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Producer prices surged more than expected in July, spurring inflation concerns
Wholesale inflation increased much more than expected in July, raising concerns about a resurgence of inflationary pressures in the economy. The Bureau of Labor Statistics on…
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