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With Workers Split Over Trump, Unions Look to Bridge the Divide At the largest meeting of organized labor next week, U.S. unions are shutting out politicians so they can determine who their friends are. How High Could Rates Go if John Taylor Becomes Fed Chairman? The Federal Reserve’s benchmark interest rate would be significantly higher […]

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As Cities Woo Amazon to Build Second Site, Incentives Are Key Amazon’s in-house economic-development team shows how important tax-incentive deals have become to its business model and gives a window into why the company took the step of pitting cities against each other to win the biggest subsidy package possible. China's Bright Economic Future Is […]

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Rio Tinto Faces Reckoning Over Africa Bets A U.S. lawsuit alleging Rio Tinto misled investors about the value of its assets in Mozambique is the second serious regulatory problem in less than a year to rock the mining giant over its forays in Africa. Roy Price Resigns as Head of Amazon Studios Roy Price is […]

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U.S. Industrial Production Rose in September U.S. industrial output picked up in September, a sign a key sector of the economy is weathering the hurricane-related disruption that hit the prior month. Trump to Meet With Yellen to Discuss Fed Chief Renomination President Donald Trump plans to meet Thursday with Federal Reserve Chairwoman Janet Yellen to […]

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Cutting Corporate Taxes Would Boost Workers' Income, White House Says Cutting the U.S. corporate tax rate from 35% to 20% would, “very conservatively,” boost average household income by $4,000 a year, White House economists say. Nafta Demise Emerges as a New Risk for Investors Donald Trump’s presidency has so far been largely good for big […]

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Major Health Insurers Anticipated End of Subsidies Several major insurers said they intend to provide health plans on the Affordable Care Act’s exchanges for the rest of this year and for 2018, despite a financial blow from President Donald Trump’s cancellation of federal cost-sharing payments. PayPal's Market Value Eclipses AmEx, Nears Morgan Stanley, Goldman PayPal […]

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New U.S. Stance on Iran Raises Alarm for Big Firms Western firms have piled into Iran in the two years since world powers agreed to lift sanctions. Now, as Donald Trump deals a blow to that deal, executives must decide whether to stay. PayPal's Market Value Eclipses AmEx, Nears Morgan Stanley, Goldman PayPal vaulted over […]

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U.S. Retail Sales Rose 1.6% in September Spending at U.S. retailers rebounded strongly last month, boosted by surging car sales and higher gasoline prices in the wake of several devastating hurricanes Facebook to Disclose Targets of Russia-Backed Election Ads Facebook will disclose the types of people targeted by Russian-backed election ads, operating chief Sheryl Sandberg […]

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Economists Split Over GOP Tax Plan's Long-Term Effects on Growth Economists say the Republican plan to overhaul the U.S. tax code would likely lift economic growth in the short term, but they are split over whether the boost would last longer than a few years. Las Vegas Shooting Victim Sues Owner of Mandalay Bay A […]

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Disruption at Budget Airlines Rattles European Air Travel European travelers haven’t had an easy ride of late. Monarch Airlines went belly up last week, stranding 100,000 mostly British passengers across Europe. And, for weeks now, Ryanair has been canceling thousands of flights. GE's Baker Hughes Recently Held Takeover Talks With Subsea 7 SA General Electric’s […]

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