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Judge opens hearing on major Puerto Rico debt restructuring

Jan 16, 2019

A court hearing on a major restructuring of Puerto Rico's mammoth debt has opened, with protesters warning the deal would further indebt the U.S. territory and supporters arguing it would secure funds urgently needed by the government urgently

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Markets Right Now: Banks lead stock gains on Wall Street

Jan 16, 2019

Strong earnings from several big banks powered more gains on Wall Street, with Goldman Sachs and Bank of America leading the way.

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World stocks rise but Britain slips on Brexit limbo

Jan 16, 2019

World shares advance, Britain slips after lawmakers reject May's plan for Brexit

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Asian stocks mixed on poor Japanese data, growth fears

Jan 16, 2019

Asian stocks mixed on poor Japanese data, global growth worries

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Razor burn: Gillette ad stirs online uproar

Jan 16, 2019

Gillette ad encouraging men to 'say the right thing' and 'act the right way' draws online ire

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Board seeks to invalidate $6B worth of Puerto Rico's debt

Jan 15, 2019

A federal control board that oversees Puerto Rico's finances is asking a court to invalidate more than $6 billion worth of debt issued by the U.S. territory, a move that would hit bondholders

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Markets Right Now: Stocks close at highest level in a month

Jan 15, 2019

U.S. stocks rallied to their highest level in more than a month after China's government moved to inject more life into its economy by cutting taxes.

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Venezuela opposition tries luring soldiers away from Maduro

Jan 15, 2019

Opposition lawmakers in Venezuela aim to pry the military's loyalty away from President Nicolas Maduro, offering protection for members of the armed forces who support a transitional government

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Stocks edge up on Chinese growth plan, ahead of Brexit vote

Jan 15, 2019

Global stock markets are mostly higher after Chinese officials set out plans to support the world's second-biggest economy through a slowdown and trade war with the U.S.

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Zimbabwe's president in Russia to meet Putin and seek loans

Jan 15, 2019

The president of Zimbabwe, whose country is facing its worst economic crisis in a decade, is visiting Russia in hopes of securing long-term loans

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