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U.S. Treasury to issue licenses for economic rebuilding in Syria

U.S. Treasury to issue licenses for economic rebuilding in Syria

Investing.com -- An official from the Trump administration indicated on Thursday that the U.S. Department of Treasury is expected to issue general licenses that will cover a wide area of the economy vital for reconstruction. This move comes as part of the U.S. government’s approach towards Syria, which has been under sanctions.The licenses will be issued by the Department of Treasury, according ...

2025-05-16 03:53:41
FAA says Denver air traffic briefly lost communications on Monday

FAA says Denver air traffic briefly lost communications on Monday

By David Shepardson (Reuters) - The Federal Aviation Administration said on Thursday that Denver air traffic control lost communications for about two minutes on Monday but was able to maintain contact through an emergency frequency. Franklin McIntosh, the FAA’s deputy head of air traffic control, said during a U.S. House of Representatives hearing that at the Denver Air Route Traffic Control Ce ...

2025-05-16 03:52:40
S&P 500 rises as softer retail sales, weaker inflation data boost rate-cut bets

S&P 500 rises as softer retail sales, weaker inflation data boost rate-cut bets

Investing.com-- S&P 500 rose Thursday, as softer retail sales data signaling a weaker consumer stoked bets on Federal Reserve rate cuts, pushing Treasury yields lower.At 1:02 p.m. ET (17:02 GMT), the Dow Jones Industrial Average rose 193 points, or 0.5%, the S&P 500 index added 0.4%, and the NASDAQ Composite slipped 145 points, or 0.75%. PPI inflation, retail sales slump to amp u ...

2025-05-16 03:51:39
Retailers rush to save US summer shopping season

Retailers rush to save US summer shopping season

By Casey Hall and Siddharth Cavale NEW YORK (Reuters) -U.S. retailers including Walmart (NYSE:WMT) and several clothing brands are racing to secure China-made merchandise for the busy summer shopping season starting in late May after Washington and Beijing agreed to temporarily slash tariffs. The agreement on Monday to lower U.S. tariffs on shipments from China to 30% from 145% for the next three ...

2025-05-16 03:50:32