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The Federal Reserve is poised to begin at least a six-month operation to buy about $60 billion of Treasury bills per month, as the central bank seeks to ease cash shortages that caused a recent spike in the overnight cost of borrowing. The announcement on Friday sent three-month bill yields sharply lower, dropping from a…

U.S. aviation regulators assessing Boeing Co.’s 737 Max sometimes didn’t follow their own rules, used out-of-date procedures and lacked the resources and expertise to fully vet the design changes implicated in two fatal crashes, a review panel composed of global aviation experts has concluded. The Federal Aviation Administration, which approved the design of the jet…

Activision Blizzard Inc., facing the threat of a boycott, reduced the punishment it meted out to a tournament player who voiced support for Hong Kong’s pro-democracy demonstrators. The company’s Blizzard Entertainment division originally barred the player from events for a year and stripped him of some $10,000 in prize money. But it said at the…

New Era released its 2019 NBA Tip-Off Series collection this week, and, man, those hats are really … um … Well, how exactly do you describe a regular-sized cap that features the team and city names — sometimes in full and sometimes only a portion — four times each, in various sizes and directions, as…

Alicia Keys and Sara Bareilles teamed up at the City of Hope’s Spirit of Life Gala on Thursday for a musical salute to Sylvia Rhone, chairman and chief executive officer of Epic Records, and performed a duet fittingly for the honoree — a mashup of their respective songs, “Girl on Fire” and “Brave.” “We’re so…

Amman, Jordan —  Turkish artillery and warplanes on Friday battered Kurdish-held territories across northeast Syria, while ground troops and allies overran 14 villages on the periphery of two strategic towns along the border, Turkey’s military said. Turkish Defense Minister Hulusi Akar, referring to Kurdish fighters, said 342 “terrorists have been neutralized” since the start of cross-border…

TEHRAN —  Two missiles struck an Iranian tanker traveling through the Red Sea off the coast of Saudi Arabia on Friday, Iranian officials said, the latest incident in the region amid months of heightened tensions between Tehran and the U.S. There was no word from Saudi Arabia on the reported attack, and Saudi officials did not…

The Pentagon said it’s ramping up the deployment of U.S. forces to the Middle East to “assure and enhance the defense of Saudi Arabia” against Iran at the same time President Trump has vowed to start bringing troops home from the region. The Pentagon plans to dispatch about 1,800 additional troops to Saudi Arabia, officials…

MEXICO CITY —  At least one man died when a small boat filled with migrants from the Central African nation of Cameroon capsized Friday off the Pacific coast of southern Mexico, authorities said. Two passengers were still missing late in the day, said prosecutors in Chiapas state. The single-engine boat most likely originated in Mexico or…

AUSTIN, Texas —  Former Republican Rep. Pete Sessions’ climb back into Congress was already off to a rough start, with some in his own party suggesting he was carpetbagging by leaving the Dallas district he lost last fall to try to get elected in a far more rural and politically safe one. Now he may have…