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YELLEN-CHINA — Treasury Secretary Janet Yellen will strike a conciliatory tone when she talks about U.S.-China relations on Thursday, calling for “cooperation on the pressing world challenges of our day” whereas supporting financial restrictions on China to advance U.S nationwide safety pursuits. By Fatime Hussein. SENT: 490 phrases, pictures.
JAPAN-US TRADE — Washington is just not searching for to decouple the American economic system from China’s, U.S. Commerce Consultant Katherine Tai mentioned Thursday whereas on a go to to Tokyo. By Mari Yamaguchi. SENT: 770 phrases, pictures.
STARSHIP TEST FLIGHT — SpaceX’s big new rocket exploded minutes after blasting off on it first check flight and crashed into the Gulf of Mexico.By Marcia Dunne. SENT: 410 phrases, pictures.
FINANCIAL MARKETS — Wall Avenue is slipping Thursday following combined earnings studies from large corporations and extra indicators the U.S. economic system could also be slowing. By Stan Choe. SENT: 540 phrases, pictures. UPCOMING: About 800 phrases by 4:30 p.m., photograph.
HOME SALES — Gross sales of beforehand occupied U.S. houses fell in March and costs edged decrease for the second month in a row, a tepid begin to the spring homebuying season as patrons take care of sharply increased mortgage charges and a close to record-low variety of properties available on the market. By Alex Veiga. SENT: 300 phrases, pictures.
UNEMPLOYMENT BENEFITS — The variety of Individuals making use of for unemployment advantages rose final week however stays low by historic requirements. By Paul Wiseman. SENT: 310 phrases, pictures.
MORTGAGE RATES — Freddie Mac studies on this week’s common U.S. mortgage charges. By Paul Wiseman. UPCOMING: 250 phrases after midday launch.
OFF THE CHARTS-EASING INFLATION — Inflation’s grip on companies loosened tremendously in March, elevating hopes that corporations and customers will undergo much less from excessive costs as 2023 rolls on. By Damian Troise. SENT: 410 phrases, pictures.
CONGRESS-LABOR SECRETARY — President Joe Biden’s nominee to be the following labor secretary, Julie Su, is testifying to the Senate. However key Democrats are unwilling to voice help for Su’s affirmation, creating uncertainty about her prospects within the narrowly divided Senate. By Stephen Groves. SENT: 500 phrases, pictures.
EARNS-UNION PACIFIC — Union Pacific railroad delivered flat revenue within the first quarter as climate slowed trains throughout the western United States and inflation drove prices up, however executives are optimistic about their skill to deal with all the products corporations wish to ship the remainder of the 12 months as extra new staff are finishing coaching. By Josh Funk. SENT: 340 phrases, pictures.
EARNS-AMERICAN EXPRESS — American Specific mentioned its first-quarter earnings fell by 13% from a 12 months in the past regardless of file quarterly income because the bank card firm needed to put aside greater than $1 billion for doubtlessly dangerous loans. By Ken Candy. SENT: 450 phrases, pictures.
EARNS-CSX — CSX railroad will launch it is first-quarter earnings report Thursday afternoon. The report comes as traders fear concerning the well being of the economic system and regulators scrutinize railroad security. By Josh Funk. UPCOMING: 500 phrases, photograph growing from Thursday afternoon report.
TESLA TUMBLES — Tesla shares are sliding after the corporate felt the sting of quite a few value cuts it made throughout its mannequin line up this 12 months in hopes of energizing gross sales. By Tom Krisher. SENT: 550 phrases, pictures.
TRAFFIC DEATHS — The variety of folks killed on U.S. roadways decreased barely final 12 months, however authorities officers mentioned the 42,795 individuals who died continues to be a nationwide disaster. Estimates by the Nationwide Freeway Visitors Security Administration confirmed that the variety of fatalities dropped 0.3% from the 42,939 killed in 2021. By Tom Krisher. SENT: 330 phrases, pictures.
AMAZON HQ2 INCENTIVES — Amazon is asking Virginia for practically $153 million in state incentive funds, what can be the primary tranche of funds to be paid out after the tech big agreed in 2018 to construct a second headquarters complicated within the state. UPCOMING: 400 phrases.
NERDWALLET-PARENT PLUS RELIEF — Federal guardian PLUS loans have turn into a final resort for a lot of lower-income households paying for a child’s school schooling. Nonetheless, policymakers usually overlook these loans on the subject of federal aid and forgiveness, together with for a brand new reimbursement plan, which guarantees to chop undergraduate pupil mortgage funds by half or extra for different federal debtors. SENT: 810 phrases, photograph.
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