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US Economy Growing at Weak Rate in Sign of Slowdown Taking Hold

The U.S. economy slowed sharply from January through March, decelerating to just a 1.1% annual pace as higher interest rates hammered the housing market and businesses reduced inventories. Thursday’s estimate from the Commerce Department showed that the nation’s gross domestic product — the broadest gauge of economic output — weakened...

House Republicans Pass US Debt Bill, Push Biden on Spending

WASHINGTON — House Republicans passed sweeping legislation Wednesday that would raise the government's legal debt ceiling by $1.5 trillion in exchange for steep spending restrictions, a tactical victory for Speaker Kevin McCarthy as he challenges President Joe Biden to negotiate and prevent a catastrophic federal default this summer. The bill passed by a razor-thin 217-215...

Taliban Kill Mastermind of Kabul Airport Bombing

A ground assault by the Taliban killed the Islamic State militant who spearheaded the August 2021 suicide bombing at the Kabul airport that left 13 U.S. troops and about 170 Afghans dead during the chaotic U.S. withdrawal from Afghanistan, U.S. officials said. Initially, neither the U.S. nor apparently the Taliban were aware...

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