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UK set for cautious budget as borrowing costs climb

UK set for cautious budget as borrowing costs climb

Britain's finance minister John Healey will unveil his first budget Wednesday, as he juggles commitments to defence spending and easing household bills with little financial room to manoeuvre.

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Anthropic's record IPO faces some big questions

Anthropic's record IPO faces some big questions

No startup has ever grown so fast. In five years, Anthropic has become an AI giant valued at $1 trillion, and it is now aiming for a record-breaking stock market debut.

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'They don't care about us': Trump food aid cuts leave Americans struggling and angry

'They don't care about us': Trump food aid cuts leave Americans struggling and angry

Christine, a retired widow in Arizona, placed food staples in her cart at a charity food distribution event -- as she's had to do monthly since the Trump administration slashed federal food assistance programs.

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US Fed expected to hold rates steady ahead of key midterm elections

US Fed expected to hold rates steady ahead of key midterm elections

The US Federal Reserve will announce a decision on setting interest rates on Wednesday, with markets expecting the central bank to hold steady days ahead of crucial midterm elections, despite surging inflation.

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Meta, Snap head to trial in another case about social media's harms

Meta, Snap head to trial in another case about social media's harms

Jury selection is expected to begin on Wednesday in Los Angeles for another landmark trial about the alleged harms of social media on young users, with Meta and, for the first time, Snap as defendants.

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Can this Latin Grammy-winner help Democrats win back Congress?

Can this Latin Grammy-winner help Democrats win back Congress?

Formerly a Democratic stronghold, the predominantly Hispanic region of southern Texas has swung rightward in recent years, helping Republicans to a narrow majority in Congress and highlighting a broader shift in Latino voter sentiment.

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India evacuates tens of thousands as Cyclone Arnab makes landfall

India evacuates tens of thousands as Cyclone Arnab makes landfall

Ferocious winds and torrential rain lashed India's southeastern coast as Cyclone Arnab made landfall on Wednesday, forcing nearly 100,000 people to evacuate their homes in two states, authorities said.

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Palestinian activist Khalil returns to Columbia after US detention

Palestinian activist Khalil returns to Columbia after US detention

Mahmoud Khalil, a figurehead of Gaza war protests in the United States, returned Tuesday to Columbia University for the first time since his 2025 arrest under President Donald Trump's crackdown on pro-Palestinian activists.

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Trump drastically loosens oil and gas methane rules

Trump drastically loosens oil and gas methane rules

US President Donald Trump announced Tuesday a sweeping rollback of rules that stop oil and gas producers from emitting methane, a greenhouse gas super pollutant.

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AI chip giant SK hynix says quarterly operating profit soars 630%

AI chip giant SK hynix says quarterly operating profit soars 630%

South Korean chip giant SK hynix said Wednesday its third-quarter operating profit soared 632 percent on-year, largely driven by the artificial intelligence industry's explosive demand for its advanced memory chips.

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