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How major United States stock indexes fared Monday

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Banks and consumer-focused companies and media and communications stocks also took heavy losses. The S&P 500 index dropped 43 points, or 1.6 per cent, to 2,737 as of 1:07 pm Eastern Time. and China. Apple and Amazon each lost 4.5 percent Monday. London's FTSE 100 added 0.3 percent to 7,073. The U.S. and China have raised tariffs on billions of dollars of each other's goods. Read More »

Brexit: I am going to see this through, says Theresa May

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These decisions were not taken lightly - but I believe it is a decision that is firmly in the national interest. May told MPs: "Delivering Brexit involves hard choices for all of us". But MPs lined up to tell Mrs May that it could not pass, Brexit hardliners who see the deal as conceding too much to Brussels, to European Union supporters, several of whom called during Thursday's session for a second referendum . Read More »

Election Fallout: Blame Abounds In House GOP Leadership Race

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Jerry Nadler of NY. Overall, 42% in the poll say they approve of the way the President is handling his job, a narrow increase from 39% who approved before Election Day. Democrats and some Republicans worry that Trump is maneuvering to fire or significantly restrain the special counsel. As the demonstrators greeted her with wild applause and cheers, she told them that their protest was "not just about confrontation" but also about "real, meaningful unity". Read More »

Amazon chooses New York City and Northern Virginia as HQ2 sites

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Amazon .com Inc plans to announce on Tuesday that it has selected NY and Northern Virginia as locations for its second headquarters , a source familiar with the matter told Reuters on Monday. Amazon's HQ2 gained attention as one of the biggest corporate projects in the U.S., with the e-retailer planning to hire 50,000 workers and spend $5 billion. Read More »

China's 'Singles' Day' on track to beat $25 billion sales record

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And while Evans and Alibaba are confident about Singles Day and Alibaba's role in the future of commerce, reports of a slowing economy in China loom large. Alibaba kicked off this year's sales with a gala event that featured USA singer Mariah Carey, a Japanese Beyonce impersonator and a shoe-shopping-themed Cirque du Soleil performance. Read More »

Kuwait’s Oil Minister: Global Oil Markets Stable

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West Texas Intermediate ( WTI) crude CLc1 was at $61.84, down 37 cents, or 0.6 percent. The market focused on record USA crude production and signals from Iraq, Abu Dhabi and Indonesia that output will grow more quickly than expected in 2019. Read More »

Michigan, Missouri and Utah vote to legalize marijuana in midterm election

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Four states are set to vote Tuesday on whether to legalize marijuana for recreational or medicinal purposes amid growing support for the cannabis industry's entrance into mainstream society. "It's going to take about a year before we have commercial implementation of this system", said Hank. He says it will ultimately be up to them, but he's hoping to get most to opt out. Read More »

Amazon to split HQ2 between two cities, WSJ reports

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Across the East River from midtown Manhattan, Long Island City is a longtime industrial and transportation hub that has become a fast-growing neighborhood of riverfront high-rises and redeveloped warehouses, with an enduring industrial foothold and burgeoning arts and tech scenes. Read More »

Trump Asks for Draft Trade Deal With China

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A US Embassy spokesman said on Thursday in Beijing that the Trump administration had no plans to send a high-level representative to the expo, adding that China needed to make the necessary reforms to end what the US says are unfair trade practices. Read More »

Tech companies lead another steep sell-off in USA stocks

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Stocks are closing sharply lower on Wall Street, led by a swoon in technology companies. The tech-heavy Nasdaq composite dropped 246 points, or 3.4 percent, to 7,073. The Nasdaq has taken bigger losses than other USA indexes in recent weeks. Amazon sank 7.8 percent to $1,642.81 while Alphabet fell 1.8 percent to $1,083.75. Read More »

Plant City man wins $3 million in Mega Million drawing

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The largest lotto drawing in USA history remains a $1.59 billion Powerball from January 2016. The lucky victor or winners hit a jackpot worth $1.54 billion in estimated annuity value (or $878 million in cash). For the victor, options include an immediate cash payment of $877.8 million, or the $1.537 billion prize paid out over 29 years. Last month, a drought-stricken farmer in NSW was given some relief after he won $200,000 in the Lucky Lotteries Mega Jackpot draw. Read More »

No victor for Wednesday's Powerball drawing, jackpot increases to $750 million

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The grand prize for this weekend's drawing is the third-largest Powerball jackpot of all time and the fourth-largest lottery jackpot in United States lottery history, said Christian Teja, spokesman for the Massachusetts State Lottery. The tickets were sold in northeast and south central Kansas. In total, there were 15,750,014 winning tickets on Tuesday night, but only one will be paying out a record breaking $878 million. Read More »

Italy fines Apple, Samsung millions for slowing phones

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An allegation made by Italy's consumer watchdog claimed: " Apple and Samsung implemented dishonest commercial practices" and that operating system updates "caused serious malfunctions and significantly reduced performance, thus accelerating phones' substitution". Read More »

Riyadh would not have murdered Khashoggi without U.S. protection: Rouhani

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Washington is largely depending on Saudi Arabia to fill the gap left by the loss of the Iranian barrels. A lower price will help. Additionally, U.S. Falih said on Monday there was no intention of doing that. Meanwhile, Iran's oil minister Bijan Zanganeh has said that Saudi Arabia and Russian Federation can not replace Iran' oil as the production capacity of the two countries has reached its peak. Read More »

Bronx resident wins $1 million in Mega Million lottery jackpot

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Virgin Islands. We have a victor, but they are not from the Tennessee Valley. Tuesday's Mega Millions and Wednesday's Powerball jackpots combined are roughly $2.22 billion . The winning numbers on Saturday were 16, 54, 57, 62, 69, and the Powerball was 23. Big money is on the line as the Powerball and Mega Million jackpots continue to grow without a lucky victor in sight. Read More »

Trump calls Fed his 'biggest threat'

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Brent crude, the worldwide standard, lost $1.26 to $78.79 per barrel. "A tick higher in refining activity and a drop in production due to hurricane activity in the Gulf was not enough to halt a fourth consecutive climb in (inventories)- and a solid one at that", said Matt Smith, director of commodity research at ClipperData in Louisville, Kentucky. Read More »