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Recent News

Immigrants are making US economy stronger

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  Immigration is the topic of the day. The political right, after once embracing a laissez-faire policy toward immigration — President Ronald Reagan signed an amnesty for undocumented immigrants and President George W Bush tried unsuccessfully to do the same — appears to want to choke off the inflow of ...

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UK investors have too much faith in their government

Two business people in office working on business reports, financial statements and tax form 1040 filling out. Teamwork in office with two unrecognizable business persons. Image taken with Nikon D800, developed from RAW in XXXL size. Location: Novi Sad, Serbia, Central Europe, Europe

  The UK government will soon invoke Article 50 of the Lisbon Treaty to begin divorce proceedings from the European Union. The Scottish government is seeking to hold a second independence referendum before Brexit talks wind up. An otherwise uneventful Bank of England meeting had one interest-rate dissenter with others ...

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What Trump’s SEC pick needs to explain!

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  When Donald Trump announced that he would nominate Wall Street lawyer Jay Clayton to lead the Securities and Exchange Commission, he cited the need to “undo many regulations which have stifled investment in American business.” At Clayton’s confirmation hearing this week, senators should ask exactly what that means. Scrutiny ...

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Stocks

Stocks wobble, finish mixed as GOP pulls plug on health bill

Traders work on the floor of the New York Stock Exchange (NYSE) shortly after the opening bell in New York, U.S., March 21, 2017.  REUTERS/Lucas Jackson

  AP US stocks flirted with sharp losses but managed a mixed finish during the weekend, after Republicans cancelled a vote on their health care bill because it became clear the bill would fail. Hospital stocks soared in response, while companies that stand to benefit from other Trump proposals faltered. ...

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Shares of China’s Huishan Dairy sinks 85%

  Bloomberg Shares of China Huishan Dairy Holdings Co. sank by a record 85 percent in Hong Kong before the company halted trading. The sudden crash wiped out about $4.1 billion in market value. A record 779 million shares in the Shenyang-based company changed hands, the most on Hong Kong’s ...

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European stocks rise, Asia bounces back

Traders work at their desks in front of the German share price index, DAX board, at the stock exchange in Frankfurt, Germany, March 23, 2017. REUTERS/Staff/Remote

  Bloomberg European stocks climbed, led by mining and bank shares, as lenders borrowed more than double what was forecast under the European Central Bank’s TLTRO program. The Stoxx Europe 600 Index advanced 0.3 percent to 375.21 as of 11:31 a.m. London time, set to end three days of losses. ...

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US treasuries gain as health vote looms

  Bloomberg Markets struck a cautious tone, with US stocks fluctuating and Treasuries gaining a fifth day, as investors watched developments in Washington for clues on the prospects for the Trump administration’s pro-growth policies. The S&P 500 Index was little changed, as futures erased gains after House Republicans postponed a ...

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US stocks mixed as rout eases, treasuries rise

Traders work on the floor of the New York Stock Exchange (NYSE) shortly after the opening bell in New York, U.S., March 21, 2017.  REUTERS/Lucas Jackson

  Bloomberg US stocks fluctuated after suffering the first 1 percent decline since October, while havens from Treasuries to the yen remained in demand as investors assessed the prospects for pro-growth policies in America. The S&P 500 Index struggled for direction in afternoon trading, with gains in technology shares offset ...

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