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Wall Street climbed sharply after fresh inflation data came in below expectations, easing fears that the Federal Reserve may need to raise rates again in October. The softer reading on the Personal Consumption Expenditures price index helped lift growth-sensitive technology shares, with Apple and Alphabet among the notable gainers.
Secretary of State Marco Rubio used Guinea-Bissau's 53rd National Day to reaffirm Washington's interest in a growing economic partnership, with particular emphasis on energy. In a Sept. 24, 2026 statement, he said the United States is deepening cooperation and expanding trade and investment opportunities that he said should benefit both Americans and Bissau-Guineans.
The United States said it will provide an additional $31 million to support Nepal's flood recovery, expanding aid for bridges, water and sanitation, shelter, livelihoods and disaster-response tools. The announcement came after Under Secretary of State for Political Affairs Allison Hooker met Nepalese Foreign Minister Shisir Khanal in New York and expressed sympathy for those affected, including the families of about 70 Americans still unaccounted for.
President Donald Trump said Friday that Treasury Secretary Scott Bessent will not be named his artificial intelligence czar, reversing speculation that had circulated after reports from Semafor and Reuters. Trump said Bessent does not want the job and is doing "such a great job at Treasury" that he intends to keep him there.
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