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US Federal Reserve System raises base interest rate to 1-1.25% - regulator

They meet again four more times this year - in July, September, October and December. Fed officials also said they would reduce the central bank's huge holding of bonds and other securities late...

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Traders now see next Fed rate hike as soon as March 2018

Traders now see next Fed rate hike as soon as March 2018

Or it going public with an earlier and more aggressive plan to start paring back its $4.4 trillion holdings of long-term U.S. Treasuries and mortgage-backed bonds. Against the yen, the dollar was ...

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Soup Nazi-inspired company files for bankruptcy

Soup Nazi-inspired company files for bankruptcy

The character focused fanatically on his culinary creations and refused to serve some would-be customers, barking what became a much-repeated catchphrase: " No soup for you! ". They say the government...

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Stay thirsty: 'Most interesting man' now pitching tequila

Stay thirsty: 'Most interesting man' now pitching tequila

Dos Equis parted ways with the 78-year-old Goldsmith last year, but now he has landed as the face for Astral tequila. But his contract with Dos Equis ended past year after the beer brand decided it ...

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Is Buying Brookdale Senior Living Incorporated (NYSE:BKD) Here Good Idea?

It has underperformed by 37.45% the S&P500. Cubist Systematic Strategies Llc increased Expedia Inc Del (EXPE) stake by 576.41% reported in 2016Q4 SEC filing. Royal Bank Of Canada restated a "buy" ra...

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Fed cuts inflation, unemployment rate forecasts

The Fed also affirmed today it expects to begin reducing its securities holdings this year in a process it calls "balance sheet normalization", another sign of its confidence in the economy. The caps ...

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Muslims observing Ramadan saved residents in London high-rise fire

Muslims observing Ramadan saved residents in London high-rise fire

A plume of black smoke stretched for miles (kilometers) across the pale sky after dawn, revealing the blackened, flame-licked wreckage of the building. Another witness, Tamara, told the BBC she also s...

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Wall Street holds steady after Fed raises rates

The majority of Fed officials estimated in March that they would raise rates two more times this year. "In view of realized and expected labor market conditions and inflation , the [Federal Open ...

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Lonzo Ball pokes fun at dad LaVar Ball in new commercial

It seems sometimes even Lonzo may find the things his father says to be shockingly entertaining, as the Foot Locker tweet shows. The fact that Lonzo is able to joke so openly about these things ma...

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Fed raises rates, gives details on balance sheet reduction

The committee had previously described inflation as close to its goal. Treasuries rose, the dollar trimmed losses and US stocks turned lower after Yellen suggested weak readings on inflation won...

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Chelsea 1st to visit Tottenham at Wembley in Premier League

Jurgen Klopp's Liverpool have two testing fixtures on the third and fourth weekend of matches - hosting Arsenal and then an away trip to Manchester City . Chelsea travel to Newcastle on the fi...

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U.S. stocks slip as investors seek safety after weak sales data

U.S. stocks slip as investors seek safety after weak sales data

The dollar lost ground moderately in early trading, pressured by selling to adjust positions prior to the end of the Fed policy-setting meeting. The U.S. BLOCK PARTY: Tax preparer H&R Block posted...

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Uber boss Kalanick steps down for a while

And today Uber released part of a report detailing a broad set of changes recommended by former Attorney General Eric Holder , who investigated more than 200 complaints of workplace harassment an...

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Fed hikes rates for the third time in six months

As long as the economy "evolves broadly as expected ", the plan "would gradually reduce the Federal Reserve's securities holdings". The US central bank is expected to raise its benchmark interest ra...

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How Fed hike will affect US consumers and overseas economies

The Federal Reserve increased short-term interest rates by a quarter percentage point on Wednesday, and outlined a plan to trim its massive bond holdings amassed to bolster a recession-weakened ec...

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S.Africa's rand clings on to gains despite downgrade fallout

S.Africa's rand clings on to gains despite downgrade fallout

Federal Reserve. "Given Eskom's strong linkage with the South African government and its high sensitivity to changes in the sovereign credit profile, the rating downgrades primarily reflect the on...

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Burning Stock on the move: Reynolds American Inc. (RAI)

Reynolds American Inc. (RAI ) has a market capitalization of 92.62 Billion which suggests the company is a huge company further suggesting that the shares of Reynolds American Inc. After posting $0...

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Hammond to push for United Kingdom to stay in EU customs union

Hammond to push for United Kingdom to stay in EU customs union

Pressed on reports of secret talks between Cabinet ministers and Labour MPs, Mr Gove said the two parties had a "similar" position on Brexit and the reality of the hung parliament meant the Governme...

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National Basketball Association champions Golden State Warriors' comeback year in memes

National Basketball Association champions Golden State Warriors' comeback year in memes

After getting outscored 37-33 in the first quarter, Golden State responded by taking an 11-point lead into the break. It was the first career National Basketball Association title for Durant, who ...

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Talks between UK PM May's Conservatives and N.Ireland's DUP restart

Talks between UK PM May's Conservatives and N.Ireland's DUP restart

May has given no indication she will change course on the key elements of Brexit; but whatever her plan she will be heavily reliant upon the 10 lawmakers from the eurosceptic DUP, who would help her...

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Hay 31 familias peruanas que concentran US$ 12296 millones

Hay 31 familias peruanas que concentran US$ 12296 millones

En 2015 la riqueza solo había crecido en 1.3%. Estas 31 familias concentran en total una fortuna de US$12,296 millones, eso equivale a el 13% de riqueza financiera del país. Mientras que a niv...

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House Majority Whip shot at congressional baseball practice

House Majority Whip shot at congressional baseball practice

President Donald Trump said the alleged gunman had been killed. He did not name the suspect. Hours later, police named 66-year-old James T. Hodgkinson of Belleville, Illinois as the suspect ...

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EQT Midstream Partners, LP (NYSE:EQM) Valuation According To Analysts

Acropolis Investment Management LLC purchased a new stake in shares of Magellan Midstream Partners L.P. during the first quarter worth $118,000. About 258 shares traded. In terms of performance, share...

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Kate meets London Bridge attack victims and hospital staff

Kate meets London Bridge attack victims and hospital staff

She also said that the chances of an average Londoner becoming a victim of a hate crime are "very low" but "we will take them seriously and we will always seek to arrest people and bring them to jus...

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WH Smith high street sales continue to fall

WH Smith high street sales continue to fall

WH Smith has more than 750 outlets at transport hubs, mainly in airports, railway stations and motorway service areas, including outlets at Dublin airport. However, a tight control of costs meant its...

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