Archive for July 10th, 2019

When Walmart Inc. paid $16 billion for control of India’s e-commerce pioneer Flipkart Online Services Pvt. last year, the American retail giant got a little-noticed digital payments subsidiary as part of the deal. Now the business is emerging as one of the country’s top startups, a surprise benefit for Walmart from its largest-ever acquisition.

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Federal Reserve Chairman Jerome Powell defiantly said Wednesday he would not accept being fired by President Donald Trump, who has waged an unprecedented public pressure campaign on the central bank.

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<p>Stocks rallied Wednesday thanks to Fed Chairman Jerome Powell’s signaling a likely interest-rate cut later this month. The S&amp;P 500 and Nasdaq both broke into record territory, while the Dow Jones Industrial Average was on track to snap a three-day losing streak.</p>

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The National Taxpayer Advocate released the convoluted map to draw attention to a frustrating system.

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Trump nominee Judy Shelton wants to put the U.S. back on a gold standard –but no other country uses it, Powell noted

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The early winners in President Trump’s trade wars are finding that victory can be bittersweet.&nbsp;

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In a clear example of extreme American consumerism, one money-shedding man using the internet handle Slavikfill posted his monthly budget on Reddit looking for some tips on how to stretch his household income of $500,000 a year.

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Labor tension plus lousy weather have meant higher rates of delays and cancellations for the largest U.S. carrier.

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<p>Stocks jumped to record highs Wednesday after testimony from Federal Reserve Chair Jerome Powell bolstered the case for easier monetary policy in the U.S.</p>

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<p>Stocks opened higher Wednesday after Federal Reserve Chair Jerome Powell said the central bank will “act as appropriate” to sustain expansion as “crosscurrents” are weighing on the economic outlook.</p>

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<p>Stocks are set to open higher Wednesday as Federal Reserve Chair Jerome Powell said the central bank will “act as appropriate” to sustain expansion as “crosscurrents” are weighing on the economic outlook.</p>

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The world’s largest supplier of consumer goods says China’s factories are getting “urgent and desperate” as worried U.S. retailers accelerate a move out of the country amid heightened trade tensions.

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ARIS — In their blue blazers and tight haircuts, the aging men look uncomfortable in the courtroom dock. And for good reason: they are accused of harassing employees so…

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It's the first lawsuit to come out of an ongoing multi-state investigation into pricing practices in hotel chains

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Federal Reserve Chairman Jerome Powell is likely to keep the markets guessing about how soon and how deep the Fed intends to trim rates.

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