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Shope Wedding

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Austan Shope and Brielle Tilson were united in marriage on July 3 at Meridian St. United Methodist Church. They were married by Reverend Mary...

Europe’s central bank intensifies focus on climate change

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FRANKFORT, Germany — The European Central Bank has adopted a new approach to managing the economy that would allow the bank to tolerate transitory...

Fed officials discuss timing of reducing bond purchases

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WASHINGTON — Federal Reserve officials began debating at their June meeting when and how they would reduce the monthly bond purchases that they have...

San Francisco Fed’s Daly: Healthy economy needs less support

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WASHINGTON — With interest rates ultra-low even as the U.S. economy swiftly improves, Federal Reserve officials are divided over how quickly they should adjust...

Mexican migrants sent home a record $4.5 billion in May

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MEXICO CITY — Mexicans living abroad sent home a record amount of money in May, topping $4.5 billion in a month for the first...

All big banks pass latest Federal Reserve ‘stress tests’

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NEW YORK — All 23 of the nation's biggest banks are healthy enough to withstand a sudden economic catastrophe, the Federal Reserve said Thursday...

Czech central bank raises key rate to 0.5% to tame inflation

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PRAGUE — The Czech Republic’s central bank has increased its key interest rate by a quarter-point to 0.5% in efforts to tame inflation as...

Lebanon raises price of bread amid crippling economic crisis

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BEIRUT — Lebanon’s economy ministry on Tuesday raised the price of subsidized bread for the fifth time in a year amid the tiny country’s...

Fed’s Powell says high inflation temporary, will ‘abate’

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WASHINGTON — Federal Reserve Chair Jerome Powell said Tuesday that he expects recent price spikes will soon subside and reduce inflation to a sustainable...

Inflation ahead? Even a top economist says it’s complicated

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WASHINGTON — Two months of sharply rising prices have raised concerns that record-high government financial aid and the Federal Reserve’s ultra-low interest rate policies...