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Dollar Slips After Data Disappoints, Trump Calls for Rate Cut

NEW YORK (Reuters) -The dollar fell across the board on Wednesday after weaker-than-expected U.S. private payrolls data highlighted continued easing in the labor market and data showed U.S. services sector contracted for the first time in about a year in May. U.S. private payrolls rose by only 37,000 jobs in...

US Sees No Viable Path for California High-Speed Rail Project, May Rescind $4 Billion

WASHINGTON (Reuters) -The Trump administration said Wednesday there is no viable path forward for California's High-Speed Rail project and warned it may rescind $4 billion in government funding in the coming weeks. The U.S. Transportation Department released a 315-page report from the Federal Railroad Administration that cited missed deadlines, budget...

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