Tag: week
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Voting begins for Alaska’s Fat Bear Week after one contestant was killed in an attack
Voting in Katmai National Park’s famed Fat Bear Week was underway Wednesday after a bear killed one of this year’s competitors and delayed the bracket reveal by a day. Bear #469 attacked and killed bear #402 Monday morning at Brooks River in the Alaska park, the National Park Service said in a release, pushing Monday’s…
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China stocks see best week since 2008 on stimulus impact as most Asia markets rise
Chinese markets clocked their best week in almost 16 years as the mainland’s CSI 300 rallied 15.7% this week, buoyed by several economic stimulus measures by the central bank. The last time the index saw a bigger weekly gain was the week ending Nov. 14, 2008. Hong Kong’s Hang Seng index recorded a weekly gain of 12.75%,…
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The Fed slashed interest rates last week, but Treasury yields are rising. What’s going on?
With its larger-than-normal cut last week, the Federal Reserve sent a clear message that interest rates are heading considerably lower in the future. The Treasury market, though, hasn’t been paying attention. Despite the Fed approving a half percentage point reduction in its baseline short-term borrowing rate, Treasury yields instead have been moving higher, particularly at the long…
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Kamala Harris may have locked down her first electoral vote this week
The war for the first battleground electoral vote may have been decided this week before a single ballot was cast. The weapons of choice: private polls. The likely winner: Vice President Kamala Harris. In a wild election season that has featured Democrats substituting Harris for President Joe Biden at the top of their ticket —…
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Boeing sweetens offer as strike enters second week
Boeing on Monday sweetened its contract offer and said it was its “best and final” proposal for its more than 30,000 machinists as their strike, which has halted most of the aerospace giant’s aircraft production, entered its second week. The new offer raised pay, reinstated annual bonuses and increased a bonus that would be given upon the contract’s ratification,…
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Putin was joking about election support for Harris, Kremlin says; Zelenskyy hopes to meet with Trump next week
Russian President Vladimir Putin was joking when he said Moscow was supporting Democratic candidate Kamala Harris in November’s presidential election, Foreign Minister Sergei Lavrov said in an interview with Sky News Arabia. Putin said earlier this month that Russia wanted Harris to win the contest in a teasing comment that cited her “infectious” laugh as a reason to prefer…
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Trump Media closes at a new 52-week low, as Dow finishes week at record high
Shares of Trump Media fell to a new 52-week low Friday, closing down 7.82%, at $13.55 per share, just one day after “lockup” restrictions expired, which had previously prevented its majority shareholder, former President Donald Trump, and other early investors from selling their shares. Trading volume was heavier than average on Friday, with nearly 20 million shares changing hands before…
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North Korea fires short-range ballistic missiles for second time in a week
North Korea fired multiple short-range ballistic missiles on Wednesday toward its east coast, South Korea and Japan said, days after Pyongyang unveiled a uranium enrichment facility and vowed to beef up its nuclear arsenal. The missiles lifted off from Kaechon, north of the capital, Pyongyang, around 6:50 a.m. (5:50 p.m. Tuesday ET) in a northeast…
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Trump says he will meet with Indian Prime Minister Narendra Modi next week
Republican presidential nominee Donald Trump said Tuesday that he will meet Indian Prime Minister Narendra Modi next week. Speaking at his first public appearance following Sunday’s apparent assassination attempt, Trump said Modi is “fantastic” but also called India a “very big abuser” as he criticized several countries for their trade policies with the U.S. “So when…