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The Federal Reserve chose to pause rate cuts, even as it faces relentless attacks from President Trump for not cutting borrowing costs fast enough.
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Amazon's $35 Million ‘Melania' Promotion Has Critics Questioning Its Motives The New York TimesSouth Africa Cancels Release of ‘Melania' Documentary The New York Times‘Chaos': Behind the Scenes of Amazon's Melania Trump Doc Rolling StoneNobody Asked For The "Melania" Movie, But The Jokes Are Absolutely Delivering YahooMelania documentary struggles in UK
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Southwest's five-decade era of open seating ended on Tuesday.
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The Federal Reserve on Wednesday released its decision on interest rates.
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Trump's National Guard deployments could cost over $1 billion this year, CBO projects NPRThe American taxpayer spent nearly half a billion dollars deploying federal troops to U.S. cities in 2025, CBO finds FortuneEstimating the Costs of Troop Deployments to U.S. Cities Congressional Budget Office (.gov)Trump's deployment of National Guard costs taxpayers nearly $500 million, CBO says The Hill
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Seagate says prices could go higher for its storage products as supply remains tight due to AI.
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Google confirms ‘Take a Message' microphone bug, disabling on old Pixel phones 9to5GoogleHow to Stop This New Pixel Bug From Leaking Your Audio to Incoming Callers LifehackerStrange Pixel bug allows callers to overhear conversations not meant to be heard PhoneArenaThe Eavesdropping Effect: How a Voicemail Bug on Google's Pixel Phones Is Broadcasting Private Conversations WebProNewsGoogle confirms the Pixel 4 and 5 are leaking audio to callers Android Police
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What it's like each day in Minneapolis CNNMinnesota educators say ICE activity is causing problems in the classroom CBS NewsMinnesota schools report rising student anxiety amid immigration enforcement crackdown kare11.comThe ICE surge is fueling fear and anxiety among Twin Cities children NPRHow daily life in Minnea
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Starbucks Says Turnaround ‘Ahead of Schedule' as Sales Rebound The New York TimesStarbucks turnaround shows progress as U.S. traffic grows under CEO Brian Niccol AxiosStarbucks Corp (SBUX) Q1 2026 Earnings Call Highlights: Revenue Growth Amidst Profitability ... Yahoo FinanceStarbucks' Big Sales Beat Stokes Confidence in Turnaround Bloomberg
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Families hope the nearly year-long probe by the National Transportation Safety Board will promote aviation safety changes.
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Wednesday's selling carried into Thursday as investors continued to take a risk-off approach to markets following the Federal Reserve's latest policy announcement.
The central bank issued its third jumbo-sized rate increase yesterday and set expectations that it will continue to hike rates over its next few meetings. However, the Fed is not alone in its aggressive stance. Several global central banks have increased their benchmark rates this week in an ongoing effort to tame inflation, including the Bank of England and Switzerland's National Bank, which earlier today issued 50 basis point and 75 basis point rate hikes, respectively. (A basis point is one one-hundredth of a percentage point.)
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"Global equities are struggling as the world anticipates surging rates will trigger a much sooner and possibly severe global recession," says Edward Moya, senior market strategist at currency data provider OANDA. "Most of these rate hikes around the world are not done yet which means the race to restrictive territory won't be over until closer to the end of the year."
The reaction here at home was a selloff in bond prices, which sent yields on government notes spiking. The 10-year Treasury yield surged 19.2 basis points to 3.704% - its highest level since early 2011 - while the 2-year Treasury yield spiked 12.1 basis points to 4.116%, its loftiest perch since late 2007.
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As for stocks, the tech-heavy Nasdaq Composite
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AMONG conservative Americans, a school of conventional wisdom holds that Christianity in Europe is rapidly heading for extinction, as the historic faith is supplanted by secularism, Islam or just a lazy-minded lack of concern for all things metaphysical. Yet a new survey by Pew Research, a polling organisation based in Washington, DC, suggests that Christianity still matters to a plurality of west Europeans, as a marker of identity and a shaper of attitudes, even if active churchgoers and committed believers are a small minority.
After an investigation including 24,000 telephone interviews in a total of 15 countries, Pew concluded that:
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