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Iran president visits Iraq on first foreign trip

Iran's new president, Masoud Pezeshkian, began a visit to Iraq on Wednesday, aiming to deepen already close ties with the neighboring country on his first trip abroad since taking office.

The three-day trip comes amid turmoil in the Middle East sparked by the war in Gaza, which has drawn in Iran-backed armed groups around the region and complicated Iraq's relations with the United States.

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Most of Wall Street ticks higher after weeks of sharp swings

Most U.S. stocks are ticking higher, offering a respite following weeks of sharp swings. The S&P 500 was up 0.4% in early trading Tuesday. The Dow Jones Industrial Average slipped 67 points, and the Nasdaq composite was up 0.8%. Oracle jumped 10% after delivering better profit for the latest quarter than analysts expected. Stocks have been careening down and up since setting their latest all-time high in July amid worries about the slowing economy and whether coming cuts to interest rates will keep the U.S. out of a possible recession. Treasury yields were relatively steady in the bond market.

THIS IS A BREAKING NEWS UPDATE. AP's earlier story follows below.

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Wall Street poised for gains following markets' worst week in almost 18 months

Coming off the worst trading week in close to a year-and-a-half, markets on Wall Street are poised to rebound at the opening bell Monday.

Futures for the S&P 500 and the Dow Jones Industrial Average rose 0.7% in premarket trading.

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Investigating judge issues formal arrest warrant for detained Salameh

A Lebanese judge Monday issued an arrest warrant for ex-central bank chief Riad Salameh, a judicial official said, after the embattled former governor was questioned in an embezzlement case.

Salameh, 74, who led the central bank for three decades, faces numerous charges including embezzlement, money laundering and tax evasion in separate probes in crisis-hit Lebanon and abroad.

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Report: Charges against Salameh to be likely limited to $40M commissions

The charges against detained former Central Bank chief Riad Salameh will be focused on the file of the $40 million commissions, a media report said on Friday.

Opening all files “will lead to a years-long or perhaps decades-long trial that does not end, given the complicated details, in addition to the obstacles that will be put in the way and the pressures that will be practiced on the judiciary due to political interference,” Annahar newspaper reported.

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Eurozone second-quarter economic growth revised down

The eurozone economy's growth in the second quarter this year was slightly smaller than previously estimated after the EU's statistics agency on Friday revised its data.

The 20-country single currency zone's recorded economic growth of 0.2 percent between April and June from the previous quarter, down from the 0.3 percent estimate in July.

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Oil power UAE completes Arab world's first nuclear plant

The oil-rich United Arab Emirates on Thursday announced the completion of the Arab world's first nuclear power plant, calling it a "significant step".

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Chinese migrants flock to Mexico in search of jobs, a future and, for some, a taste of freedom

Despite her well-paying tech job, Li Daijing didn't hesitate when her cousin asked for help running a restaurant in Mexico City. She packed up and left China for the Mexican capital last year, with dreams of a new adventure.

The 30-year-old woman from Chengdu, the Sichuan provincial capital, hopes one day to start an online business importing furniture from her home country.

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Trump's new crypto business could create more conflicts if he's elected president

Donald Trump is promising to make America the "crypto capital of the planet" if he returns to the White House. Fulfilling that promise would likely pay off for him personally.

Amidst his run for president, Trump has launched a new venture to trade cryptocurrencies that he's promoting on the same social media accounts he uses for his campaign. His two eldest sons, Donald Jr. and Eric, are also posting about their new platform, called World Liberty Financial, as is his daughter-in-law, Lara Trump, who is married to Eric and also serves as co-chair of the Republican National Committee.

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Yellen says ending Biden tax incentives would be 'historic mistake' for states like North Carolina

U.S. Treasury Secretary Janet Yellen is warning voters in the battleground state of North Carolina that they could lose jobs if Republicans weaken a signature Biden administration law that encourages investments in manufacturing and clean energy.

Yellen says that Republican-dominated states like North Carolina are greatly benefiting from tax incentives under the 2022 Inflation Reduction Act and that eliminating them would be a "historic mistake," according to a draft of a speech she will give Thursday at a community college in Raleigh. The Treasury Department released the remarks ahead of the address.

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