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Nation and World

Biden tells US to have confidence in banks after collapse

At more than $110 billion in assets, Signature Bank is the third-largest bank failure in U.S. history.

Feds racing to sell assets as nation’s 16th largest bank fails

Silicon Valley Bank, the nation’s 16th-largest bank, failed after depositors hurried to withdraw money this week amid anxiety over the bank’s health. It was the second biggest bank failure in U.S. history after the collapse of Washington Mutual in 2008.

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Despite Fed’s rate hikes, US adds a robust 311K jobs

Friday’s report from the government made clear that the nation’s job market remains fundamentally healthy, with many employers still eager to hire.

 
Atlantic City dealers with cancer want casino smoking ban

Several Atlantic City casino dealers with cancer, and others who fear they may develop it, are asking New Jersey lawmakers to ban smoking in the state’s casinos.

Disneyland planning an Avatar experience

The Walt Disney Co. is planning to add an Avatar experience to Disneyland and explore other opportunities at its theme parks as it looks for more ways to appeal to its guests.

Twitter users find widespread problems, no comment from company

It is not clear what caused Wednesday’s meltdown, but Twitter engineers and experts have been warning that the platform is at an increased risk of fraying since Musk fired most of the people who worked on keeping it running.

US adds a surprisingly strong 517K jobs despite Fed hikes

The number is a surprisingly strong gain in the face of the Federal Reserve’s aggressive drive to slow growth and tame inflation with higher interest rates.

Southwest’s holiday cancellations investigated by feds

The federal government is investigating whether Southwest Airlines knowingly scheduling more flights than it could handle in December, when it ended up canceling nearly 17,000 flights.