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  • Reuters

    US STOCKS-Stocks end near flat as investors assess earnings, data

    U.S. stocks closed near the unchanged mark on Thursday, as investors sifted through the latest corporate earnings, while economic data and comments from Federal Reserve officials suggested the central bank was unlikely to cut interest rates in the near future. Economic data showed that the labor market remained resilient, as weekly initial unemployment claims were unchanged from the prior week at 212,000 while a gauge of manufacturing in the mid-Atlantic region rose to a two-year high. The solid labor market, recent reading showing sticky inflation, and comments from Fed officials, including Chair Jerome Powell, have led markets to back off expectations the central bank would cut interest rates by at least 25 basis points (bps) at its June meeting.

  • Associated Press Finance

    San Francisco sues Oakland over new airport name that includes 'San Francisco'

    San Francisco on Thursday sued Oakland after officials there voted in favor of changing the name of the city’s airport to San Francisco Bay Oakland International Airport, saying the change will cause confusion and is already affecting its airport financially. Last week, the Board of Commissioners for the Port of Oakland voted unanimously to move forward with the name-change and scheduled a second vote for final approval on May 9.

  • Benzinga

    A New Offering For A California Citrus Grove Is Projected To Provide A 9.6% Yield To Investors

    FarmTogether, a leading farmland investment platform, has recently announced a new crowdfunded offering for the Great Valley Citrus Grove, a 56-acre diversified citrus property located in Fresno County, California. The offering presents a unique opportunity for investors to gain exposure to the highly sought-after citrus market in the heart of the San Joaquin Valley’s Citrus Belt. The Great Valley Citrus Grove is being offered at a contracted purchase price of $2,200,000, with a minimum investme