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AUDUBON — Rod Jensen, the plant manager at Global Precision Parts – Audubon, located in Audubon’s industrial park, says, “When you come to work and feel successful, that makes for a life-long,…

Officials with TS Bank, chartered in Treynor, announce 100 years of serving southwest Iowa. TS Bank was incorporated in May 1923 with a mission to IGNITE PROSPERITY® and is dedicated to changi…

National Business

AP
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The House has resoundingly rejected President-elect Donald Trump’s new plan to fund federal operations and suspend the debt ceiling a day before a government shutdown. Democrats and some Republicans are refusing to accommodate his sudden demands and the quick fix cobbled together by Republican leaders. In a hastily convened evening vote punctuated by angry outbursts over the self-made crisis, the House voted 174-235 against the plan that would have kept government running for three months and suspended the debt limit for two years. House Speaker Mike Johnson appears determined to regroup before Friday’s midnight deadline. House Democratic Leader Hakeem Jeffries called the new plan “laughable.”

AP
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The suspect in the killing of UnitedHealthcare’s CEO struggled with deputies and shouted while arriving for a court appearance in Pennsylvania a day after he was arrested at a McDonald’s and charged with murder. Luigi Nicholas Mangione emerged from a patrol car, spun toward reporters and shouted something partly unintelligible while deputies pushed him inside Tuesday. At the brief hearing, the defense lawyer informed the court that Mangione would not waive extradition to New York but instead wants a hearing on the issue. Mangione was denied bail. Brian Thompson, who led the United States’ largest medical insurance company, was killed last Wednesday as he walked alone to a Manhattan hotel for an investor conference.

AP
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America’s job market rebounded in November, adding 227,000 workers in a solid recovery from the previous month, when the effects of strikes and hurricanes had sharply diminished employers’ payrolls. Last month’s hiring growth was up considerably from a meager gain of 36,000 jobs in October. The government also revised up its estimate of job growth in September and October by a combined 56,000. Friday’s report also showed that the unemployment rate ticked up from 4.1% in October to a still-low 4.2%. The November data provided the latest evidence that the U.S. job market remains durable even though it has lost significant momentum from the 2021-2023 hiring boom, when the economy was rebounding from the pandemic recession.