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Tariffs, Tariff Threats, Talks: Trump Faces Key Week on Trade

The United States on Monday launched into a key week for trade policy, with Washington due to slap fresh tariffs on a host of Chinese goods even as it holds hearings to target thousands more.

Wall Street Ends Higher on US-China Trade Hopes

Wall Street stocks finished solidly higher for a second straight session on Friday on hopes of a breakthrough in US-China trade talks.

Trump Hails US Economic Growth Spurt, Promises More Ahead

President Donald Trump on Friday hailed roaring US economic growth as a "miracle," and said the quickest expansion in almost four years was a vindication of his economic agenda.

Stocks Enjoy Global Rally in Wake of UK Johnson’s Resignation

A global stocks rally gathered steam Monday, fueled by economic optimism, while the British foreign minister's sudden resignation over Brexit depressed the pound.

Wall Street Rally Surges S&P,DJI, and Nasdaq

 Wall Street was back in rally mode Monday, with the Dow and S&P 500 finishing at records as Apple, Facebook and other tech shares posted strong gains.

US Feds Raise Key Interest Rates 1/4 Percent

 The US Federal Reserve raised its benchmark interest rate by a quarter point to 1.0-1.25% on Wednesday and signaled another increase remains likely this year, despite the recent spate of weak economic data.

Federal Prosecutors Open Probe into Wells Fargo Bogus Bank Accounts

 Federal prosecutors have begun a probe into the Wells Fargo bogus accounts scandal, the Wall Street Journal reported Wednesday.

Dollar Gains On Currency Markets After Encouraging Jobs Data

The dollar strengthened Wednesday against major currencies, including the euro and the pound, following the release of encouraging jobs data.

Dow Ends Week of Gains with New Record High 18,516.55 Close

 Strong US retail sales lifted the Dow to a fourth straight record Friday as global equity markets finished a big week of gains on a muted note.

Pound Surges as Bank of England Leaves Interest Rates Untouched after Brexit Vote

 The pound surged Thursday after the Bank of England unexpectedly left interest rates unchanged following the Brexit vote but signaled a rate cut could come at its August meeting.

S&P Downgrades UK AAA Credit Rating Post Brexit Vote

 Ratings agency Standard & Poor's removed the United Kingdom's coveted AAA status on Monday because of its vote to leave the European Union, downgrading it by two notches with a long-term negative outlook.

US Urges Peaceful Separation As EU Reels from Brexit Vote

 The leaders of Germany, France and Italy vowed Monday "a new impulse" for the EU as it reels from Brexit and told London that the bloc would make no deals before Britain formally decides to leave.

AeroMexico is Latest Airline to Halt Flights to Venezuela in Economic Slide

 Aeromexico became on Thursday the latest airline to indefinitely suspend flights to Venezuela, citing the South American nation's economic problems.

Brexit Poles Show Britian Staying In EU; Stocks Rise

 A top anti-Brussels campaigner said it appeared Britain had narrowly voted to remain in the EU, as counting began Thursday after millions voted in a bitterly-fought historic referendum.

Germany’s Bayer Offers $62 Billion for Monsanto

 German pharmaceuticals giant Bayer on Monday said it had offered $62 billion for US agriculture group Monsanto in a move which would create the world's biggest supplier of seeds, pesticides and genetically modified crops.

US Clears Cable Merger – Less Competition On the Horizon

 US authorities on Monday approved a mega-merger of cable television operators that allows Charter Communications to absorb rivals Time Warner Cable and Bright House Networks, with some conditions.
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