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But the data will be patchy because of disruptions caused by the government shutdown; there will be no October unemployment report, for instance. “We're going to have to look at [the data] carefully and with a somewhat skeptical eye” because it may be “distorted by very technical factors,” Fed Chair Jerome Powell said. PayPal is taking advantage of the Trump administration's looser rules towards fintech companies and applying to become a bank . The payments company says the designation will allow it to lend more to small businesses. The Trump Administration on Monday unveiled what it's calling the U.S. “tech force” of 1,000 early career engineers and other specialists to research and develop AI and financial products for the federal government. Companies like Nvidia, Palantir, Amazon and Google will partner with the government on the initiative and second some of their own top talent to join its ranks. Ford will record a $19.5 billion impairment for the rollback of parts of its
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