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American consumers feeling more confident in July as expectations of future improve

AP Business Writer American consumers felt more confident in July as expectations over the near-term future rebounded. However, in a reversal of recent trends, feelings about current conditions weakened. The Conference Board, a business research group, said Tuesday that its consumer confidence index rose to 100.3 in July from a downwardly revised 97.8 in June.

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Ethiopia’s currency dives by 30% as IMF-backed reforms to stabilize the economy take effect

Associated Press ADDIS ABABA, Ethiopia (AP) — Ethiopia’s currency has lost 30% of its value the day after the central bank began implementing a flexible exchange rate policy backed by the International Monetary Fund as part of new measures to stabilize the eastern African nation’s economy. Mamo Mihretu, governor of the National Bank of Ethiopia,

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Despite escalating tension between Israel and Hezbollah, it’s business as usual at Beirut airport

Associated Press BEIRUT (AP) — Fears of an escalation in the simmering conflict between Hezbollah and Israel have prompted some airlines to cancel flights to Lebanon, but business is proceeding as usual at the Beirut airport, where many travelers Tuesday have greeted the warnings with a shrug. Lebanon is bracing for a retaliatory strike after

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Radical British preacher Anjem Choudary sentenced to life in prison for directing a terrorist group

Associated Press LONDON (AP) — Radical British preacher Anjem Choudary has been sentenced to life in prison for directing a terrorist group. Choudary, who was previously convicted of supporting the Islamic State group, was convicted last week of being a member of the radical Muslim group al-Muhajiroun, and for drumming up support for the group.

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Senate passes bill to protect kids online and make tech companies accountable for harmful content

Associated Press WASHINGTON (AP) — The Senate has passed legislation designed to protect children from dangerous online content. It’s pushing forward with what would be the first major effort by Congress in decades to hold tech companies more accountable for the harm they cause. The bill has bipartisan support and has been pushed by parents

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