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Citigroup profits soar due to fewer bad loans

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NEW YORK — Citigroup profits jumped more than five fold from a year earlier, helped by an improving economy that resulted in fewer bad...

Powell says inflation, though elevated, will likely moderate

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WASHINGTON — Federal Reserve Chair Jerome Powell suggested Wednesday that inflation, which has been surging as the recovery strengthens, “will likely remain elevated in...

French official warns Lebanese leaders of upcoming sanctions

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BEIRUT — A French Cabinet minister criticized Lebanese leaders on Tuesday, warning them of upcoming sanctions from Paris that will target Lebanese officials blocking...

EU nations approve a dozen pandemic recovery plans

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BRUSSELS — In what European Union nations hope will be a tipping point in economic recovery from the pandemic, finance ministers from the the...

Putin hosts leader of Belarus for talks on closer ties

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MOSCOW — Russian President Vladimir Putin on Tuesday hosted the authoritarian leader of Belarus, who has increasingly relied on Moscow's support amid increasing tensions...

JPMorgan’s 2Q profits more than double, beating expectations

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NEW YORK — JPMorgan Chase said its second quarter profits more than doubled from a year ago — a reflection of the improving global...

Bank of England ditches dividend limits on UK banks

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LONDON — The Bank of England on Tuesday ditched limits on banks to pay dividends to their shareholders that were first introduced at the...

US deficit for current budget year climbs to $2.24 trillion

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WASHINGTON — The U.S. government's deficit for the first nine months of this budget year hit $2.24 trillion, keeping the country on track for...

Sports Calendar – July 13

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Spectator sportsSPORTS ON TVMen’s basketballArgentina vs. United States, 6 p.m. (NBCSN)MLBMLB All-Star Game: American League at National League, 8 p.m. (Fox)Men’s soccerCONCACAF Gold Cup:...

Cuban leaders beef up police patrols after rare protests

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HAVANA — Cuban police are out in force on the country's streets as the president is accusing Cuban Americans of using social media to...