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Fed’s Powell Sees Steady Growth, Signals Pause in Rate Cuts

WASHINGTON — Federal Reserve Chairman Jerome Powell indicated Wednesday that the Fed is likely to keep its benchmark short-term interest rate unchanged in the coming months, unless the economy shows signs of worsening. “Looking ahead, my colleagues and I se...

Newsom Signs Pact to Boost Trade with Armenia

Trade opportunities between California and Armenia are getting a boost following the signing of an economic cooperation agreement by Gov. Gavin Newson and Armenia's foreign minister Tuesday in New York. The agreement establishes a Trade and Services Desk in...
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July US Jobs Report Shows Solid Gains Amid Trade Frictions

WASHINGTON — U.S. employers slowed their hiring in July but still added a solid 164,000 jobs to an economy that appears poised to extend its decade-long expansion. "This report is a sigh of relief. It had good solid numbers and was largely in line with expe...
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More Bad News for Almond Growers: India Enacts 70% Tariff

India is on President Donald Trump's trade war hit list and that's bad news for California's almond growers. India has struck back against the United States by imposing tariffs on 28 products. Among them: almonds, apples, lentils, and walnuts. The 70% ta...