Jim Zarroli
Stories
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Business
Like The Empire Itself, The British Pound Is Not What It Used To Be
The pound was long the symbol of Britain's economic might. The chaos surrounding Brexit, the country's 2016 decision to leave the European Union, has sent the currency falling sharply.
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Politics
U.S. Companies In China Get Caught In The Trade War Crossfire
President Trump recently tweeted that American companies would be better off without China. But many American companies earn a significant portion of their profits there.
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Business
Trump Lashes Out, 'Orders' All U.S. Companies To Move Out Of China
President Trump promised to respond Friday after China said it will slap tariffs on $75 billion automobiles and other U.S. goods. He also "ordered" U.S. companies to stop doing business with China.
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Business
Is The U.S. Economy Strong Enough To Withstand Another Slowdown Or Recession?
Signs the economy is weakening have raised concerns about the Trump administration's moves to erode financial safeguards put in place after the last recession.
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Business
Jeffrey Epstein's Former Business Associate: I Want To Assist Victims
Steven Hoffenberg spent 18 years in prison for running a Ponzi scheme. He says his former business partner Jeffrey Epstein should have been there too.
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Business
Deepening Fears About The Global Economy Send Stocks Falling Again
Stocks resumed their slide amid escalating fears that the U.S.-China trade war will further damage a worldwide economy that's already slowing. Central banks in Asia and New Zealand cut rates.
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Business
Stock Markets Take Another Hit As The Trade War With China Heats Up
World stock markets saw sharp sell-offs after China lets its currency slide, the latest move in its trade war with the United States. The Dow Jones Industrial Average fell nearly 600 points.
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National
News Brief: More China Tariffs, FBI Questions Americans Who Studied In China
President Trump said the U.S. will impose more tariffs on products imported from China. Also, Americans who studied in China are being questioned by the FBI and Puerto Rico's governor is resigning.
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National
Trump Ratchets Up U.S.-China Trade War With More Tariffs; Stocks Slide
President Trump said the United States will impose a new 10% tariff on $300 billion worth of goods imported from China, saying Beijing had broken some of the promises it made in trade negotiations.
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Business
Boeing 737 Max Grounding Takes Toll On Airlines And Passengers
Airlines around the world are cutting flights because of the grounding of Boeing's 737 Max. That's created disruptions for passengers during the busy summer travel season and hit airlines financially.