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Wall Street finishes off record-setting week

NEW YORK — Wall Street tacked on some more gains Friday as it glided to the finish of its latest record-setting week. The S&P 500 rose 0.5% to close out its sixth winning week in the last seven. The Dow Jones Industrial Average added 172 points, or 0.4%, and the Nasdaq composite climbed 0.7%. All three hit all-time highs for a second straight day. They've been rallying on expectations that the Federal Reserve will continue to cut interest rates in order to give the economy a boost after the central bank lowered them for the first time this year on Wednesday. FedEx helped lift the ...

Trump: Murdochs, Dell could be part of TikTok deal

President Donald Trump said prominent billionaires – including media mogul Rupert Murdoch and tech founder Michael Dell – could be part of a deal in which the U.S. will take control of the social video platform TikTok. Trump name-dropped the 94-year-old Murdoch and his son Lachlan ...

Trump's promises to Black voters fall short

WASHINGTON — At one of his final rallies before the 2024 election, then-candidate Donald Trump warned that Black Americans were losing their jobs in droves and that things would get even worse if he did not return to the White House. "You should demand that they give you the numbers of how ...

White House: $100K visa fee not for existing holders

WASHINGTON — President Donald Trump's latest plan to overhaul the American immigration system has left some immigrant workers confused, forcing the White House on Saturday to scramble to clarify that a new $100,000 fee on visas for skilled tech workers only applies to new applicants and not ...