US consumer sentiment near 3-1/2-year low as government shutdown fuels anxiety

By Lucia Mutikani WASHINGTON (Reuters) -U.S. consumer sentiment slumped to near a 3-1/2-year low in early November as households across the political spectrum worried about the economic fallout from the longest government shutdown in history, which has caused disruptions ranging from food benefit payments to grounded flights. Still, the University of Michigan’s Surveys of Consumers…

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US to streamline Pentagon’s weapons acquisition amid global threats

By Mike Stone WASHINGTON (Reuters) -U.S. Secretary of Defense Pete Hegseth is expected to unveil sweeping changes to how the Pentagon purchases weapons on Friday, allowing the military to more rapidly acquire technology amid growing global threats. Hegseth plans to address industry leaders, military commanders and officials at the National War College, where he will…

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