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Saddle comb burn: Power line investigated as possible ignition point

Roberto Delgado and his wife Ninoschka Perez finished their nocturnal rosary prayer on Thursday when Perez screamed. Startled, Delgado looked out of the second-floor window and saw a flame spot near the foot of a tall electric mast on the steep hill behind her house on Saddle Ridge Road. The couple Sylmar hurried down the stairs and started to spray …

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Dow futures point to weak production data

US. Stock index futures were in the red on Wednesday morning. At 5:30 ET, Dow futures pointed to a negative open of nearly 200 points. Futures on the S & P 500 and Nasdaq also fell sharply. Wall Street ended lower Tuesday due to disappointing production data that triggered fears of a slowdown. According to President Trump, a strong dollar …

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Dow futures point to a higher open on Wall Street

US. Stock index futures traded higher on Tuesday morning. At 5:15 ET, Dow futures pointed to a positive open of more than 90 points. Futures on the S & P 500 and Nasdaq were also higher. Wall Street ended Monday on renewed optimism in trade talks between the US and China. A spokeswoman for the US Treasury Department said the …

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House democrats are nearing the turning point of impeachment as Pelosi faces a crucial week

The reason: The content of the complaint is not yet clear. And it's still unclear how the Trump administration will react. Several Democratic sources have told CNN that if the White House completely stonewalled the Democrats for the information, it will ease the calculus for continuing the impeachment process. But if the White House provides a transcript or tries to …

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The Fed cuts interest rates by another quarter point

WASHINGTON – The US Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday, its second step since the end of July, to protect the US economy against rising political risks and the consequences of a global slowdown. [19659002] An increasing number of Fed officials are expecting a further cut this year, based on post-meeting economic …

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Fed Preview: The Dollar may be at a turning point when Powell surrenders

The US Federal Reserve is expected to see a second consecutive rate cut in the still technically significant mid-cycle Powell adjustment. The big question for market participants is whether the Fed will make further cuts. The bond market is still crying for further cuts, with 10-year government bond yields still well below the Fed funds target. – Optimism for Powell …

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