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CEOs Report Record Economic Optimism As GOP Tax Bill Progresses

American corporate leaders are increasingly upbeat about growth in the world's largest economy as lawmakers prepare to enact deep tax cuts, the Business Roundtable said Tuesday.

US Stocks Rise Ahead Of Key Consumer Data

Wall Street stocks rose back into record territory early Tuesday ahead of data on US consumer confidence and a Senate confirmation hearing for Federal Reserve nominee Jerome Powell.

Stock Markets Drop On Trump Tax Concerns

Stock markets dropped Monday and the dollar slid on concerns that the collapse of President Donald Trump's repeal of Obamacare could leave him struggling to push through his promised tax-cut and infrastructure spending policies.  

Venice-Based Snap Founders Become Billionaires Within Hours of IPO Offering

Venice-based Snap Inc., parent company of the photo/video- sharing Snapchat phone app, went public Thursday, opening at $24 a share, then rose to $25 -- far above the initial share price of $17.

Robert Vaughn, A.K.A. Napoleon Solo, The Man from U.N.C.L.E, Dead at 83

Robert Vaughn, best known for his role as Napoleon Solo on the hit US television spy series "The Man from U.N.C.L.E" died Friday of acute leukemia aged 83, his manager said.

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.

Brazil’s Odebrecht, Braskem, Ordered to Pay $3.5 Billion in Bribery Case

Brazilian construction giant Odebrecht and petrochemical affiliate Braskem have agreed to pay a record $3.5 billion to settle a vast international bribery case, US officials said Wednesday.

US Fed Raises Key Interest Rates as Economy Improves

The US Federal Reserve on Wednesday raised the benchmark interest rate by a quarter percentage point as expected, citing an improving economy with one month to go before President-elect Donald Trump takes office.

U.S. and European Stocks Soaring to Record-Breaking Highs, Reflects Growing Optimism

(AFP ) European equities surged and US stocks hit fresh records Wednesday in anticipation the European Central Bank will extend its stimulus, and amid optimism about the American economy after the presidential election.

Robert Vaughn, A.K.A. Napoleon Solo, The Man from U.N.C.L.E, Dead at 83

Robert Vaughn, best known for his role as Napoleon Solo on the hit US television spy series "The Man from U.N.C.L.E" died Friday of acute leukemia aged 83, his manager said.

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.

Beverly Hills News – Gores Group to Bring Twinkies to Beverly Hills

A Beverly Hills billionaire is teaming up with other investors to buy Hostess -- maker of such snacks as Twinkies and Ding Dongs -- for $2.3 billion, it was reported today. 

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.
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