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A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City

Wall St Extends Losses As Fed Worries Persist

Wall Street's main indexes fell on Tuesday as a stronger-than-expected reading on services sector activity fed into expectations that the Federal Reserve will keep raising interest rates to bring down surging inflation.
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New British PM Truss in Downing Street in London

Liz Truss To Replace Boris Johnson As British PM On Tuesday

Liz Truss will replace Boris Johnson as Britain's prime minister on Tuesday, travelling to see Queen Elizabeth in Scotland before appointing a new team of ministers to tackle an economic crisis and draw her deeply divided party together.

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