Fed Beige Book notes growth despite partial shutdown
The Fed reports January and February showed expansion nationwide though half the country faced fallout from the 35 day federal shutdown. Ten of twelve regions showed light to moderate growth, while Philadelphia and St Louis reported flat conditions as policymakers prepare for March meetings and potential rate pauses.
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Facebook CEO vows privacy push and cross app encryption
Mark Zuckerberg outlines a privacy focused vision to encrypt messages across Facebook Messenger WhatsApp and Instagram. He aims to shield personal thoughts and photos while preserving a public social space on Instagram and Facebook amid privacy scandals and ad driven revenue concerns.
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Dollar Tree to close up to four hundred Family Dollar stores
Dollar Tree Inc plans to close up to 390 Family Dollar stores this year and rebrand about 200 as Dollar Tree. It booked a 2.73 billion charge for Family Dollar in Q4, pushing the parent company to a large loss. The firm will renovate at least 1,000 stores and is testing new pricing at Dollar Tree.
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Unclear OCR fragment about prison guards and transfers
Fragmentary text appears to reference prison or correctional issues with names and roles garbled. No coherent event or outcome can be established from the legible portions.
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