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A big pandemic-era IOU is coming due after the U.S. election
Major U.S. companies will need to refinance some $250 billion in low-coupon bonds issued in 2020. Tax policy is up for grabs in the election.Business - MarketWatch - October 29 -
Biden Announces $3 Billion to Cut Carbon Emissions at U.S. Ports
On a visit to Baltimore, the president said federal grants would help upgrade port infrastructure at 55 sites nationwide.Business - Inc. - October 29 -
What to know about recall concerns, U.S food safety
Concerns are growing over food safety in the U.S. after recent food recalls stemming from E. coli and listeria outbreaks. Keith Schneider, a food safety professor at the University of Florida, ...Top stories - CBS News - October 29 -
With Dreams of a Lunar Outpost, China Takes New Risks in Space Race With U.S.
China put its space ambitions on display before dawn on Wednesday as it blasted three astronauts into orbit from a remote desert launch center.World - The Wall Street Journal - October 29 -
U.S. Questions Israel After ‘Horrifying’ Strike in Northern Gaza Kills Dozens
Matt Miller, a U.S. State Department spokesman, said the Biden administration had contacted the Israeli government to ask about what he called a “horrifying incident.” At least 55 people were ...World - The New York Times - October 30 -
Europe prepares for 'America First' push no matter who wins the U.S. election
Trump's first tenure at the White House was a challenging time for some European leaders.Business - CNBC - October 30 -
UBS smashes forecasts with bumper profit, warns of volatility around U.S. elections
The Swiss bank’s profits were boosted by the ongoing integration of wealth management accounts previously run by its main rival Credit SuisseBusiness - MarketWatch - October 30 -
10-, 30-year Treasury yields drop again after GDP data opens door to Q4 slowdown
Yields on long-dated Treasurys closed lower on Wednesday after a weaker-than-expected reading on third-quarter U.S. economic growth gave way to the possibility of another slowdown in the final ...Business - MarketWatch - October 30 -
U.S. election won't be an 'uneventful event' for global markets, UBS chief says
Ermotti forecasts "market movements" will take place in the wake of the upcoming U.S. elections, no matter who wins leadership of the world's largest economy.Business - CNBC - October 30 -
U.K. to lift minimum wage to $15.84 an hour. Here’s how it compares to the U.S.
The U.K.’s chancellor of the exchequer confirmed the government will lift the U.K.’s national minimum wage by 6.7% in April 2025 to hourly rates of £12.21 ($15.84)Business - MarketWatch - October 30 -
U.S. economy grew at a 2.8% pace in the third quarter, less than expected
Gross domestic product was expected to increase at a 3.1% annualized pace in the third quarter.Business - CNBC - October 30 -
U.S. economy grew 2.8% last quarter, powered by consumer spending
Consumer confidence soared in October, signaling that Americans may continue to open their wallets.Top stories - CBS News - October 30