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Oil prices head for weekly fall on surging U.S. dollar, soft China demand

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Oil futures were slightly lower Friday and on track for weekly losses, plagued by a jump in the U.S. dollar and continued worries over demand from China, the world’s largest crude importer.

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Investors are bracing for higher-for-even-longer interest rates

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Friday’s stronger-than-expected economic data, combined with fresh remarks from Federal Reserve Chairman Jerome Powell on Thursday, were adding up to a shift in market participants’ thinking about how much lower interest rates can go starting next year.

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Trump’s Treasury secretary pick: Scott Bessent, Larry Kudlow or Howard Lutnick might get the job

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Support for tariffs looks like a key qualification for this crucial job in the next Trump administration.

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Michelle Obama wants to help older adults looking for love

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Upcoming Netflix docuseries ‘The Later Daters’ showcases six divorcees and widowers on blind dates

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