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Kevin M. Warsh, at his confirmation hearing to lead the Federal Reserve, sought to dispel doubts that he would yield to President Trump's demand for lower rates.
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The attacks come shortly after President Donald Trump said the U.S. would extend the ceasefire with Iran to allow peace talks to continue.
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Hours after President Trump extended a cease-fire, Tehran appeared to be exerting its authority in the contested waters near the strait.
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The Trump administration is preparing to rescue ailing budget carrier Spirit Airlines.
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