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Social Media Mocks Fox for Falling for AI Videos
Fox News has come under fire after admitting it mistakenly reported on AI-generated videos that falsely depicted recipients of the federal Supplemental Nutrition Assistance Program complaining about benefits being disrupted during the ongoing government shutdown.
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Resilient Stocks Rally Faces Earnings Wave After AI, Fed Wobbles
A resilient U.S. stocks rally heads into a busy week of corporate results, with investors concerned about the strength of the artificial intelligence trade and about how aggressively the Federal Reserve will cut interest rates.
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Supreme Court Will Consider Trump's Use of Tariffs
President Donald Trump sees tariffs - or the threat of them - as a powerful tool to bend nations to his will. He has used them in an unprecedented way, not only as the underpinning of his economic agenda, but also as the cornerstone of his foreign policy in his second...
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OPEC+ Set to Agree Another Modest Oil Output Increase
OPEC+ is set to agree on Sunday on another modest increase in oil output targets, three sources familiar with the talks said, as the producers' group moderates plans to regain market share due to rising fears of a supply glut.OPEC+ has raised output targets by more than 2.7...
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China's Xi Uses APEC to Challenge US on AI, Trade
Chinese President Xi Jinping took center stage at a meeting of APEC leaders Saturday to push a proposal for a global body to govern artificial intelligence and position China as an alternative to the United States on trade cooperation.
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Trump Makes First 60 Minutes Appearance Since Settling Lawsuit
President Donald Trump is returning to "60 Minutes" this weekend, his first appearance on the show since he settled a lawsuit this summer with CBS News over the newsmagazine's interview with Kamala Harris.
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Walmart Denies Store Closure Rumors Over Govt Shutdown
Walmart has denied speculation circulating online that it plans to close stores in response to potential looting tied to the federal government shutdown and a possible pause in food benefits.
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Trump Trolls Schumer, Seeks SNAP Funding Guidance
President Donald Trump said Friday his administration is seeking immediate court clarification on how to legally fund the Supplemental Nutrition Assistance Program (SNAP) during the ongoing government shutdown.
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Trail Tough, City Smart: The 2026 Toyota RAV4 Woodland Trim
America's favorite SUV is getting a full reboot. For eight consecutive years, the Toyota RAV4 has held the crown as the best-selling SUV in the United States-and in 2024, it became the top-selling vehicle overall.
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EU Leaders Call for a 'Regulatory Reset'
But their harsh criticism of Brussels is merely a power play.
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Democrats: Reopen the Federal Government
In October of 2013, my daughter was completing her master's degree internship at the Smithsonian's National Museum of American History when a government shutdown occurred.
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Nasdaq Ends Higher on Amazon Boost
The Nasdaq ended with more pronounced gains than the S&P 500 and the Dow Friday with a strong boost from Amazon's upbeat earnings forecast, but investor moods were dampened by worries that the Federal Reserve is becoming more cautious about cutting rates.
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McDonald's Rounding Totals to Offset Penny Shortage
McDonald's is among several large companies adjusting to a growing shortage of pennies following the U.S. Mint's decision to stop producing the coin two months ago, according to USA Today.
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Trump: US 'Will Not Restart' Canada Trade Talks
President Donald Trump said Friday that the United States "will not restart" trade discussions with Canada, signaling a fresh freeze in relations between the two longtime allies after months of stalled negotiations, reports Reuters.
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Wall Street Eyes Strong Monthly Gains
U.S. stock indexes rose Friday, putting them on track to close October in the green, after Amazon's upbeat earnings forecast helped ease concerns over Big Tech's heavy spending on artificial intelligence.
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Soybean Farmer: US-China Deal 'Very Encouraging'
An Illinois soybean farmer says the new trade agreement between the United States and China is finally bringing a measure of relief to growers after a long stretch of depressed prices. Chris Gould, who farms near New Lebanon, Illinois, told Newsmax on Friday that the deal...
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Duffy: Expect More Flight Disruptions
U.S. Transportation Secretary Sean Duffy said Friday he expects more flight delays in the coming days as the government shutdown hits its 31st day.
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Fed Hawks Blast Rate Cut, Say US Inflation Is Too High
Two regional Federal Reserve bank presidents Friday aired their disagreement with the U.S. central bank's decision to cut interest rates this week, saying the labor market doesn't need the support and inflation is too high to warrant such a move.
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SpaceX to Secure $2B Pentagon Satellite Deal
SpaceX is set to clinch a $2 billion contract with the War Department to develop a satellite system designed to track missiles and aircraft, people familiar with the matter say. The funding was tucked into the spending bill signed by President Donald Trump in July, though...
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Colgate-Palmolive Cuts Annual Sales Forecast as Consumers Balk at Price Hikes
Colgate-Palmolive cut its annual sales forecast Friday, in a sign that rising economic uncertainty is reducing consumer spending on higher-priced items, even in essential categories such as oral and personal care.
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Lifting Deposit Insurance Limits Is Foolhardy
We don't want to encourage investors to seek safe harbor in risk-free investments. The millionaires and the billionaires are the people we do want to take risks with their fortunes. We want them to discover and seed-invest in the next Microsoft or Google or Walmart.
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Disney Pulls ABC, ESPN, FX From YouTube TV
YouTube TV viewers can no longer see Disney channels including ABC and ESPN after the two sides failed to agree on a new content distribution deal.
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NY Times: JPMorgan Flagged $1B in Shady Epstein Transactions
Weeks after financier Jeffrey Epstein's death in 2019 while awaiting trial on federal sex trafficking charges, JPMorgan Chase filed a report to U.S. regulators detailing more than $1 billion in potentially suspicious transactions tied to Epstein and several prominent Wall...
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Investors Piled Into Equity Funds Ahead of Fed Rate Cut
Global equity funds attracted massive investments in the week to October 29 ahead of an anticipated interest rate cut by the U.S. Federal Reserve and a trade deal between U.S. President Donald Trump and Chinese President Xi Jinping.
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China's Factory Slump Enters 7th Month
China's manufacturing sector is flashing warning signs. Factory activity contracted for a seventh straight month in October, underscoring strain in an economy once powered by relentless industrial growth, The Financial Times reports.