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Chinese insurance tycoon detained

Chinese insurance tycoon detained

Other senior managers are authorised to carry out Wu's responsibilities and operations are normal, the Beijing-based company said in a statement posted on its website. The Waldorf acquisition was followed in short order by bids for six luxury resorts in the United States, including the landmark Hotel del Coronado near San Diego, California. Consulte Mais Informação

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USD: Fed To The Rescue: Will The USD Rally Out Of FOMC?

We have gone as far as to say that rates may stay low on average for decades to come. Total debt-to-GDP (gross domestic product) levels globally are toxic. When the yield curve flattens, it tells us that longer-term bond investors are anxious about the future economy. The market is looking forward to USA consumer price index data, which could impact the pace of the interest rate hike. Consulte Mais Informação

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As OPEC cuts, U.S. oil exports surge

The Organization of the Petroleum Exporting Countries has pledged to cut nearly 1.8 million barrels per day (bpd) to help reduce global inventories to their five-year average. But analysts saw a risk that rivalries between OPEC members could weaken the production cut agreement. "These tight oil producers are the new swing producers, so every time OPEC tries to influence prices by cutting production you see the tight oil market step in which is why we have an upside limit". Consulte Mais Informação

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US consumer prices dip 0.1 percent in May

But Paul Hollingsworth, UK economist at Capital Economics , said inflation was "now not far away from its peak" and was likely to edge above 3% before falling again. The decline followed a 0.4% drop in the three months to March. "A typical basic rate taxpayer now pays £1,000 less income tax than in 2010 and increases in the National Living Wage mean £1,400 extra a year for a worker since its introduction". Consulte Mais Informação

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Who is Tracy K. Smith, the new poet laureate?

Tracy K. Smith, a Pulitzer Prize winning author and Princeton University professor, has been named America's 22nd poet laureate , the Library of Congress announced Wednesday. Michael Cadden , senior lecturer in theater in the Lewis Center for the Arts and chair of the Lewis Center, said: "A brilliant artist and a deeply engaged member of the Princeton community, Tracy will now have even more opportunities to engage with communities across the country about how poetry addresses what ... Consulte Mais Informação

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Movers of Yesterday - Southern Co (NYSE:SO), Murphy Oil Corporation (NYSE:MUR)

Movers of Yesterday - Southern Co (NYSE:SO), Murphy Oil Corporation (NYSE:MUR)

Marathon Oil stock fell from $12.72 to $12.54. The SI to Usg Corporation's float is 13.54%. About 707,555 shares traded. Marathon Petroleum Corp (NYSE: MPC ) has risen 46.20% since June 13, 2016 and is uptrending. 04/29/2016 - Marathon Petroleum Corporation had its "top pick" rating reiterated by analysts at RBC Capital. Oakbrook Investments Limited Liability Corp reported 0.16% of its portfolio in Marathon Petroleum Corp (NYSE:MPC). Consulte Mais Informação

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Federal Reserve raises key interest rate again

Federal Reserve raises key interest rate again

The Fed's decision to raise rates, announced in a statement after its latest policy meeting, was approved 8-1, with Neel Kashkari, head of the Fed's Minneapolis regional bank, dissenting in favor of holding rates unchanged. Gains were led by information technology stocks, aided by a bounce in the USA tech shares, while losses were seen in property and construction stocks, dragged by the bellwether China Evergrande Group which slumped 11 percent in its worst day in two years. Consulte Mais Informação

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On trump sued for violation of the Constitution

On trump sued for violation of the Constitution

The lawsuit, filed in the U.S. District Court for the District of Maryland , will require the court to answer whether Trump has violated either the domestic or foreign emoluments clauses . "The president's conflicts of interest threaten our democracy", Frosh said. "We can not treat a president's ongoing violations of the Constitution and disregard for the rights of the American people as the new and acceptable status quo". Consulte Mais Informação

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Rules to help defrauded students clear loans being revised

In recent weeks states and Democratic lawmakers have pressed DeVos on the "borrower defense" rule, saying thousands of student have been caught in limbo as the Education Department slowly grants discharges. The department said it would keep its debt forgiveness promise to the 16,000 borrowers who now have claims being processed. The California Association of Private Postsecondary Schools , a trade group, is challenging the rules, arguing that they make it too easy for students to claim ... Consulte Mais Informação

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Cabinet briefed on plans for Government deal with DUP

Jeremy Corbyn , leader of the opposition Labour Party, which saw its number of parliamentary seats and share of the vote increase, said there could be another election this year or early in 2018 after Thursday's vote produced no clear winner.BREXIT CIVIL WAR? LONDON , June 14- A deal between Northern Ireland's Democratic Unionist Party and British Prime Minister Theresa May's Conservatives could be delayed until next week after a fire in an apartment block in central London ... Consulte Mais Informação

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