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Facing pressure over border crossings, Biden steps up migrant expulsions

By Andrea Shalal and Ted Hesson WASHINGTON (Reuters) -The United States will expand Trump-era restrictions to rapidly expel Cuban, Nicaraguan and Haitian migrants caught illegally crossing the U.S.-Mexico border, President Joe Biden said on Thursday in his first major speech on border security. At the same time, the United States will allow up to 30,000 …

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Wall St drops more than 1% with jobs data feeding fears of more Fed tightening

By Sinéad Carew and Amruta Khandekar (Reuters) – Wall Street’s main indexes lost more than 1% on Thursday, with Nasdaq leading the declines, as evidence of a tight labor market eroded hopes that the Federal Reserve could pause its rating hiking cycle anytime soon as it keeps focused on inflation. Thursday’s ADP National Employment report …

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California lashed by deadly ‘atmospheric river’ storm

By Sharon Bernstein and Kate Fishman SACRAMENTO, Calif. (Reuters) -A massive Pacific storm unleashed high winds, torrential rains and heavy snow across California for a second day on Thursday, knocking out power to tens of thousands of homes and threatening much of the state with flash flooding and mudslides. At least two fatalities have been …

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Masked man walked past Idaho victims’ roommate on night of murders -court document

By Brendan O’Brien and Joseph Ax (Reuters) -A woman who lived at the house where four University of Idaho students were stabbed to death told investigators she heard someone crying in one of the victim’s bedrooms on the night of the murders – and then watched as a masked man walked past her and out …

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Biden says U.S. economy headed to ‘new plateau,’ amid recession fears

By Andrea Shalal WASHINGTON (Reuters) – President Joe Biden said on Thursday the U.S. economy was seeing “really bright spots” after a rough few years, and was headed to a “new plateau,” a new term for the stable, slower growth White House officials see ahead. While investors, many economists and some CEOs have warned recently …

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NIH launches pilot COVID telehealth program

(Reuters) – The U.S. National Institutes of Health (NIH) on Thursday launched a virtual program aimed at making antiviral treatments for COVID-19 available at home for those who test positive. Local and state officials from Berks County in Pennsylvania will be the first to pilot the program, known as Home Test to Treat, later this …

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Utah man massacred family, including five children, after divorce petition

By Daniel Trotta (Reuters) -A 42-year-old Utah man whose wife had filed for divorce just before Christmas shot dead seven members of his family including his five children ranging in age from 4 to 17 and then turned the gun on himself, officials said on Thursday. The massacre on Wednesday has stunned the close-knit community …

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Citadel posts record revenues for hedge fund, securities ops in 2022 – source

(Reuters) – Kenneth Griffin’s Citadel marked record revenues in its hedge fund and electronic-trading businesses for 2022 despite turmoil in global capital markets, a source familiar with the matter said on Thursday. The hedge fund operation made about $28 billion in revenue, while Citadel Securities, one of the world’s biggest electronic-trading firms, brought in $7.5 …

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Factbox-Who are the hardline U.S. House Republicans voting against McCarthy?

By Gram Slattery WASHINGTON (Reuters) – About 20 hardline Republicans in the U.S. House of Representatives have voted against California Republican Kevin McCarthy in his bid to become the next Speaker of the House in successive rounds of voting this week. That has stopped the House from starting their work and exposed the sharp rifts …

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As U.S. House speaker fight drags on, Republican holdout votes for Trump

By Moira Warburton WASHINGTON (Reuters) – A day after Republicans in the U.S. House of Representatives rejected Donald Trump’s plea to support Kevin McCarthy’s campaign for speaker, one of McCarthy’s hardline opponents cast his vote for the former president. Representative Matt Gaetz, one of 20 House hardliners who have rejected McCarthy, cast his ballot for …

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