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Why Universal Basic Income Won't Work

Why Universal Basic Income Won't Work

The universal basic income (UBI)…

Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

A Recession Would Devastate The U.S. Oil Industry

A Recession Would Devastate The U.S. Oil Industry

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Markets / Regulation

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EU Defies U.S., Sets Up New Iran Payment Channel

Feb 03, 2019 at 18:00

While there’s no guarantee that the EU payment vehicle for Iran, INSTEX, will solve the impasse, the initiative can be seen as a sign of good will

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China Plans To Fire Back Against New U.S. Tariffs

Aug 23, 2018 at 17:00

Fresh increases on tariffs levied against China came as envoys met in Washington for their first high-level talks in two months, but many are not expecting any form compromise soon

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France Could Lose Billions In EU Trade Route Redirection

Aug 15, 2018 at 15:00

With the Brexit debacle beginning to weigh on both the UK and the European Union, some countries may end up getting cut out of important trade routes which could cost…

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Ontario Moves To Slow Cannabis Drive

Aug 14, 2018 at 14:00

Despite the legalization of recreational marijuana across Canada, a new provincial government in Ontario is delaying the approval of retail sales until April 1, 2019

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Wells Fargo Rocked By Another Major Scandal

Aug 07, 2018 at 14:00

Wells Fargo’s list of scandals is continuing to grow, with the latest costing over 400 families their homes due to a ‘glitch’ in their system

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U.S. Shuts Down Foreign Software Testing

Aug 04, 2018 at 18:00

In the latest move to improve the government’s cybersecurity practices, the U.S. Congress has just passed a bill that will force tech companies to divulge whether foreign agencies have examined…

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China’s Debt Bomb Is Finally Detonating

Jul 25, 2018 at 17:00

Many Chinese companies are struggling to repay debt following 2015’s deleveraging drive thanks to staunched liquidity and a number of corporate bond defaults

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Brexit Is Killing London’s Housing Boom

Jul 25, 2018 at 15:00

London’s housing boom may be on its final legs with luxury apartment complexes turning into ghost towns as Brexit concerns weigh on potential investors

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VW Stockpiles Cars Over Emissions Testing Bottlenecks

Jul 25, 2018 at 10:00

Germany’s largest automaker, Volkswagen, is scrambling to secure significant storage space on both sides of the Atlantic, as new bottlenecks caused by engine emissions tests have left the company in…

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Wells Fargo Hit By Another Transparency Scandal

Jul 24, 2018 at 17:00

Wells Fargo is having a tough year in terms of PR, but even though it keeps getting its hand caught in the cookie jar, its share prices aren’t feeling that…

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