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WASHINGTON — The Federal Reserve's preferred inflation gauge eased further in December, and consumer spending fell — the latest evidence that the Fed's series of interest rate hikes are slowing the economy. Friday’s report from the Commerce Department showed that…
ADVENTDALEN, Norway — Kneeling by his crew as they drilled steel bolts into the low roof of a tunnel miles-deep into an Arctic mountain, Geir Strand reflected on the impact of their coal mine’s impending closure. “It’s true coal is…
NEW YORK — American Express saw its fourth-quarter profits fall by 9%, as the credit card giant had to set aside significantly more money to cover potentially bad loans. The company saw charge offs and delinquencies rise, a troubling sign…
BEIRUT — Drones attacked a convoy of trucks in eastern Syria Sunday night shortly after it crossed into the country from Iraq, Syrian opposition activists and a pro-government radio station said. There was no immediate word on casualties. The strike…
MOGADISHU, Somalia — The first U.S. Cabinet member to visit Somalia since 2015 urged the world’s distracted donors Sunday to give immediate help to a country facing deadly famine, which she calls “the ultimate failure of the international community.” The…
