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Mortgage rates jumped higher for the fifth week in a row, further pushing past 6% in the face of yet another aggressive rate hike from the Federal Reserve.

The United States on Thursday announced sanctions on Iran's morality police following the death of 22-year-old Mahsa Amini in their custody last week.

Amazon founder Jeff Bezos and CEO Andy Jassy must testify in an ongoing Federal Trade Commission probe into whether the company misled people into subscribing to Amazon Prime and other services, the agency said Wednesday.

In its continued bid to quash high inflation, the Federal Reserve on Wednesday raised the overnight bank lending rate to a range of 3% to 3.25%.

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Tesla said it has spotted a flaw in 1.1 million cars' windows that could pinch occupants while closing.

The Bank of England is expected to announce its seventh interest rate hike in less than a year on Thursday as it battles the highest level of inflation of any G7 economy.

When the Federal Reserve started hiking interest rates to combat decades-high inflation, Chair Jerome Powell stressed that the central bank could increase borrowing costs without inflicting too much damage on the economy.

Former President Donald Trump's business practices included some eyebrow-raising moments, such as once being paid with gold bars that were wheeled into his Trump Tower apartment, according to reporting obtained by CNN from a forthcoming book by New York Times reporter Maggie Haberman.

Hong Kong stocks hit their lowest level in more than a decade Thursday and other Asian markets also fell after the US Federal Reserve raised rates by 75 basis points and forecast even more hikes ahead, fueling concerns about a recession.

A man in North Dakota was charged with felony vehicular homicide after he fatally struck a teenager with his SUV following what he said was a "political argument," authorities said.