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Isaias weakens to Category 1 hurricane after Florida landfall, NHC says

Isaias weakens to Category 1 hurricane after Florida landfall, NHC says

Oct 9 (Reuters) - Hurricane Isaias weakened to a Category 1 storm on Friday, rapidly lost wind speed after hitting the Florida coast, the US National Hurricane Center said while warning of storm surges and snapped power lines as it moves through the Deep South.

Isaias kills four, about 670,000 without power after landfall

Isaias kills four, about 670,000 without power after landfall

By Rhea Rose Abraham, Rajveer Pardesi and Marianna Parraga Oct 10 (Reuters) - Four people died after Hurricane Isaias made landfall early on Saturday, and about 670,000 residents in Florida, Alabama, Georgia and Mississippi were still without power as the storm weakened to a post-tropical cyclone,

Inside Trump investigation of Wells Fargo's Black homeownership program

Inside Trump investigation of Wells Fargo's Black homeownership program

An investigation into Wells Fargo over accusations of race-based lending signals a sharp escalation of the Trump administration's broadside against DEI programs.

Wall Street set for weekly gains with earnings, inflation data on tap

Wall Street set for weekly gains with earnings, inflation data on tap

By Stephen Culp and Tharuniyaa Lakshmi NEW YORK, Oct 9 (Reuters) - Wall Street gained ground on Friday as investors shifted their focus to next week, with third-quarter earnings season set to start and inflation data expected, which could shed light on the Federal Reserve's next policy decision.

Wall Street posts weekly gains with earnings, inflation data on tap

Wall Street posts weekly gains with earnings, inflation data on tap

By Stephen Culp and Tharuniyaa Lakshmi NEW YORK, Oct 9 (Reuters) - Wall Street ended higher on Friday as investors shifted their focus to next week, with third-quarter earnings season set to start and inflation data expected, which could shed light on the Federal Reserve's next policy decision.

Wall St futures gain as oil slips; telecoms pressured by SpaceX spectrum deal

Wall St futures gain as oil slips; telecoms pressured by SpaceX spectrum deal

Oct 9 (Reuters) - US stock index futures edged higher on Friday as oil prices retreated on easing Middle East supply concerns, though telecom shares remained under pressure after SpaceX's spectrum acquisition raised competitive concerns across the sector.

Wall St climbs as oil slips; SpaceX spectrum deal weighs on telecoms

Wall St climbs as oil slips; SpaceX spectrum deal weighs on telecoms

By Tharuniyaa Lakshmi and Shashwat Chauhan Oct 9 (Reuters) - US stock indexes edged higher on Friday as oil prices retreated on easing Middle East supply concerns, though telecom shares remained under pressure after SpaceX's spectrum acquisition raised competitive concerns across the sector.

Wall St headed for weekly gains as earnings season nears

Wall St headed for weekly gains as earnings season nears

By Tharuniyaa Lakshmi and Shashwat Chauhan Oct 9 (Reuters) - US stock indexes advanced broadly on Friday and were on pace to clock weekly gains, as investors looked forward to the earnings season next week.

Explainer-The skilled foreign tech workers' green card program under attack from Trump

Explainer-The skilled foreign tech workers' green card program under attack from Trump

By Deborah Mary Sophia and Jaspreet Singh Oct 8 (Reuters) - The US government said on Thursday it is suspending some of the world's biggest tech and IT firms including Microsoft, Cognizant and Capgemini from a key green card program that allows skilled foreign workers to gain permanent residency

Explainer-The tech green-card program under attack from Trump

Explainer-The tech green-card program under attack from Trump

By Deborah Mary Sophia and Jaspreet Singh Oct 9 (Reuters) - The US government said on Thursday it is suspending some major global tech and IT firms including Microsoft and Cognizant from a key green card program that allows skilled foreign workers to gain permanent residency through their employment

Trump administration freezes green cards for Microsoft, IT firms, probes universities

Trump administration freezes green cards for Microsoft, IT firms, probes universities

By Akash Sriram and Steve Holland WASHINGTON, Oct 8 (Reuters) - The US suspended Microsoft, major IT outsourcers and software maker Adobe from a key green-card program on Thursday while opening probes into nine top universities, widening a crackdown it says targets fraud and protects American jobs.

Stocks advance ahead of earnings, navigating still-high Treasury yields and oil prices

Stocks advance ahead of earnings, navigating still-high Treasury yields and oil prices

By Lawrence Delevingne and Dhara Ranasinghe BOSTON/LONDON, Oct 9 (Reuters) - World stocks rose on Friday, with government bond yields and oil prices only incrementally higher, ahead of key economic data next week, along with quarterly earnings reports from the largest US banks.