Signs of weakness in China sink materials stocks; oil falls

NEW YORK (AP) — U.S. stocks fell for a second day on Tuesday following a wave of selling abroad on fears that a slump in commodity prices was far from over. The selling began in Asia on disappointing trade figures from China, then spread to Europe where stock indexes in Germany, France and Britain each […]

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Wall Street jumps, dollar gains after U.S. jobs report

By Herbert Lash NEW YORK (Reuters) – Stocks on Wall Street rallied on Friday after strong jobs data made it almost certain the Federal Reserve would raise interest rates in two weeks, while a surprise move by major oil exporters to keep pumping near-record output pushed crude prices down. The dollar rose, gold climbed about […]

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Trump Takes His Biggest Lead Yet in the Polls

who said the economy was extremely important to their vote, 60 percent said they trust Trump the most to handle the issue. Among those citing immigration as a top concern, 55 percent trust Trump the most. For those greatly concerned about foreign policy, Trump moved up to 32 percent. And for those greatly concerned about […]

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Sen. Corker’s relationship with real estate industry highlighted in voting record

Bethany McLean is a contributing editor at Vanity Fair and bestselling author. Her recent book is “Shaky Ground: The Strange Saga of the U.S. Mortgage Giants,” published by Columbia Global Reports. As you may have seen, the Campaign for Accountability (CFA), a D.C. watchdog group, has called for an SEC and ethics investigation of Sen. […]

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A warming planet could wreck the economy

There’s broad agreement that climate change can cause stormier weather, rising sea levels and more flooding in coastal areas. But economists are beginning to think a warming planet can also cause job losses, recessions and even a tumbling stock market. President Obama and dozens of other world leaders are gathered in Paris this week to […]

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Charles Koch: My body is full of harpoons

The billionaire CEO of Koch Industries has mostly stayed out of the limelight, choosing instead to remain behind the scenes, donating money to politicians who share his vision of smaller government but avoiding publicity as much as possible—that is, until recently. Charles Koch, author of the new book, Good Profit: How Creating Value for Others […]

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Nardelli: $15 minimum wage will put some businesses in jeopardy

Walmart (WMT) workers are “Fasting for 15” until Black Friday, calling for their employer to raise the minimum wage to $15 an hour. Walmart, which employs 2.2 million people around the world, raised its minimum wage for 500,000 full- and part-time associates in the United States to $9 an hour in April and said it […]

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Euro on shaky ground, stocks up on talk of aggressive ECB easing

By Dhara Ranasinghe and Alastair Sharp LONDON/TORONTO (Reuters) – The euro slipped towards seven-month lows, bond yields fell and European shares rallied on Thursday on growing talk of aggressive stimulus from the European Central Bank next week. The pan-European FTSEurofirst 300 index (.FTEU3) settled 0.9 percent higher, adding to Wednesday’s 1.4 percent gain, while the […]

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Nardelli: $15 minimum wage will put some businesses in jeopardy

Walmart (WMT) workers are “Fasting for 15” until Black Friday, calling for their employer to raise the minimum wage to $15 an hour. Walmart, which employs 2.2 million people around the world, raised its minimum wage for 500,000 full- and part-time associates in the United States to $9 an hour in April and said it […]

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Nobody really cares if Pfizer stiffs Uncle Sam

Donald Trump hates it. So do Marco Rubio, Hillary Clinton and Bernie Sanders. That’s a pretty broad swath of the political spectrum opposed to drug giant Pfizer’s purchase of Irish competitor Allergan—a so-called tax inversion that will technically move Pfizer’s headquarters out of its longtime home in the United States. The jurisdictional change will lower […]

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