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A sale-pending sign is posted in front of a home in San Francisco, Calif. Home purchase contract signings declined again in May, another sign of the headwinds working against momentum in the housing market. The pending home sales index from the National ... ... read article

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The Fed has given large US banks the green light to use extra capital for share buybacks and dividends. ... read article

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They realized that the “trickle-down economics” theory didn’t work. ... read article

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Culture Secretary Karen Bradley will announce whether she will let Fox's Sky takeover plan go ahead. ... read article

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If the equity market truly believed the Federal Reserve's assertion that the economy is strong enough to withstand higher interest rates, it would be fleeing from stocks offering high yields. It's doing the opposite. Companies in sectors that serve as bond ... ... read article

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US President Donald Trump has accepted an invitation from his French counterpart Emmanuel Macron to visit Paris on July 14, White House officials said Wednesday. ... read article