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US likely to make final interest rate hike: Economy news
This weekly round-up brings you the latest stories from the world of economics and finance. Top economy stories: US Fed could make final interest rate hike of 2023 in May; China’s economy gathers speed but global risks raise challenges to outlook; Britain is only large developed nation with double-digit inflation. 1. US Fed likely to deliver 25-basis-point interest rate hike then pause for rest of year The US Federal Reserve will deliver a final 25-basis-point interest rate increase in May and then hold rates steady for the rest of 2023, according to a Reuters poll of economists. The poll also showed that a short and shallow US recession is likely…
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March Madness 2023: San Diego State makes Final Four after ‘devastating’ cancellation of 2020 NCAA Tournament
HOUSTON – Aguek Arop tucked his 6-foot-6 frame into the seat for his flight back home after an abrupt and gut-wrenching end to San Diego State’s 2019-20 season. Then, he pulled up a video on his phone that brought the pain into focus. It was a compilation made by SDSU director of basketball operations Matt Soria of footage from the season for the Aztecs, who were 30-2 and projected as a No. 2 seed for the NCAA Tournament before the event’s cancellation amid the onset of the COVID-19 pandemic. “It was all of his favorite moments from throughout the year,” Arop said. “And that’s when it hit me. I watched…
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NFL Week 15 Power Rankings: Lions, Jaguars among improbable playoff hopefuls entering final stretch of season
It’s December, a time for contenders to emerge and pretenders to fade away. So go ahead and try explain what happened this past Sunday in the NFL. The Detroit Lions beat the Minnesota Vikings, who came in at 10-2. The Jacksonville Jaguars beat the division-leading Tennessee Titans and the Carolina Panthers went on the road to beat the Seattle Seahawks, a team that appeared to be surging to the postseason. Detroit, Jacksonville and Carolina are all alive in the playoff chase. In December? Can it be? The Lions have won five of six to get to 6-7 and get within a game and a half of being in the playoff…
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