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US Factory Orders Rebound as Expected in August

WASHINGTON — New orders for U.S.-manufactured goods rebounded in August, though business spending on equipment was not as strong as initially thought. Factory orders increased 1.4% after an unrevised 1.3% decline in July, the Commerce Department's Census Bureau said on Tuesday. The increase was in line with economists' expectations. Orders...

Wall Street Slides as Valuation Concerns, Rate-Cut Jitters Linger

Wall Street's main indexes dropped on Tuesday on concerns over lofty equity valuations and dimming prospects of an interest rate cut from the Federal Reserve, while investors awaited Nvidia's earnings and key government data due later this week. Most heavyweight tech stocks were under pressure, with Amazon.com, down 2.3%. Chip...

Trump Supports Escalated Efforts To Target Cartels in Mexico, Colombia

WASHINGTON — President Donald Trump said Monday he supports aggressive action against drug cartels and narcotics production in Mexico and Colombia, his latest saber-rattling in the region after a series of strikes on small boats in the Caribbean and Pacific. Trump has intensified his campaign against maritime drug trafficking, authorizing...

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