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They are hoping, at the very least, that the trade war initiated by President Trump does not escalate, that both sides step back from the brink. The Wall Street Journal reported Tuesday the two sides were narrowing their differences, with Chinese officials offering greater purchases of USA goods and services and Cabinet-level follow-up meetings expected later this month .
  • L.A. Sues IBM's Weather Company over 'Deceptive' Weather Channel App

    L.A. Sues IBM's Weather Company over 'Deceptive' Weather Channel App

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    Los Angeles prosecutors say they're suing operators of The Weather Channel mobile app to stop it from tracking the whereabouts of app users and selling the data to third parties. "If the price of getting the weather forecast is the sacrifice of your most personal info about where you spend your time , you need to be clearly told in advance", Feuer said.
  • Oil rises towards $57 on China-U.S. trade talks, OPEC cuts

    Oil rises towards $57 on China-U.S. trade talks, OPEC cuts

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    West Texas Intermediate crude future prices rose 0.5 percent to $46.78 per barrel as of 8:15 a.m. EST, with Brent gaining 1.2 percent to $55.54 as of the same time. Although the Organization of Petroleum Exporting Countries and its allies have pledged substantial output curbs to prevent an oil surplus from forming this year, investors' skepticism helped drive prices to an nearly 40 percent decline to end 2018.
  • Japan's sushi king pays record price for bluefin tuna

    Japan's sushi king pays record price for bluefin tuna

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    The final New Year's auction at Tsukiji in 2018 saw a tuna fetch 36.45 million yen. Kiyoshi Kimura often pays over the odds for his beloved and endangered fish, and it was no different at Tokyo's new fish market for the first auction of 2019.
  • Fed Chair Says He Won't Resign If President Trump Asks Him To

    Fed Chair Says He Won't Resign If President Trump Asks Him To

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    Appearing on a panel with his two predecessors - Yellen and Ben Bernanke - Powell also said that the Fed could alter its approach to trimming its huge balance sheet if it determines such a change is needed. The Labour Department reported Friday that United States employers added a net 312,000 new positions in December, smashing economists' expectations.
  • Filing Taxes during Government Shutdown

    Filing Taxes during Government Shutdown

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    Right now, only 12% of IRS staffers are working through the shutdown. Looking back at previous year, by February 2, 2018, the IRS had paid $12.6 billion in refunds to more than six million households. And it offers direction on how to use IRS online tools. Those who owe taxes usually delay filing until the April 15 deadline, and wealthier taxpayers with more complicated returns often take an extension.
  • No decision taken on Rs 2,000 note production: DEA Secretary

    No decision taken on Rs 2,000 note production: DEA Secretary

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    The RBI , India's central bank and currency-issuing agency, did not respond to an email from ThePrint seeking comment. A top government official said on Friday there was "no decision" regarding the printing of Rs 2,000 notes as there was "more than adequate notes" of the denomination in the system, amid reports that it was being phased out.
  • Dow Jones Crashes 600 Points After Apple Issues Gloomy Sales Forecast

    Dow Jones Crashes 600 Points After Apple Issues Gloomy Sales Forecast

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    Apple shares fell 10% in New York Thursday, the biggest drop in nearly six years, after the warning. Step back from the gyrations of the moment, and there's an emerging strategy for Apple: Sell fewer iPhones and assorted devices such as Macs and iWatches at a higher price than mass-market rivals, and then flood those millions of users-who have more than average disposable income because they were able to afford those devices in the first place-with apps and content that they will ...
  • Powell Pledges Flexible Fed Policy, Won't Quit If Trump Asks Him

    Powell Pledges Flexible Fed Policy, Won't Quit If Trump Asks Him

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    Mr Trump's attacks have added to the jitters, since it could cause the Fed to tighten policy just to prove its independence. The president has accused Powell of hurting the economy by raising interest rates. Trump has criticized the Fed chief for raising rates, and Bloomberg News reported December 21 that the president had discussed firing Powell. Asked at an economic conference in Atlanta if he would step down should Mr Trump request his resignation, Mr Powell said, "No".
  • Farewell to a hard 2018 on Wall Street

    Farewell to a hard 2018 on Wall Street

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    The Nasdaq Composite Index rose 67.71 points, or 1.03 percent, to 6,652.23. Trading volume was relatively light, owing to the holiday as the US federal government shutdown entered its tenth day. Brent crude, the benchmark for global prices, gained 84 cents to $54.05 per barrel. Cabot Oil & Gas dropped 3 per cent to $22.26. OVERSEAS: In Europe, the CAC 40 of France rose 1.1 per cent, ending the year down about 11 per cent.
  • Man demanding straw attacks fast food employee, gets arrested

    Man demanding straw attacks fast food employee, gets arrested

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    The 55 second video showcases the man suddenly clawing and pulling the cashier towards him in aggressive leap, and the cashier raining him with repeated punches to loosen his grip. "After this fight he came back and went behind the counter and tried to fight the manager". "No, you're finna go to jail", James yelled back. By the time police arrived, the man had left the McDonald's, she said.
  • Passengers fall ill on Frontier flight from Cleveland to Tampa

    Passengers fall ill on Frontier flight from Cleveland to Tampa

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    Several water fountains at Cleveland Hopkins International Airport have been shut down after numerous passengers onboard a Tampa-bound flight fell ill on Tuesday. Passenger safety is Frontier's number one priority. As seen in footage shared by WFLA , the rest of the passengers were held on the aircraft after landing in Tampa.
  • Cathay Pacific sells $23,000 premium seats for $964 in ticketing blunder

    Cathay Pacific sells $23,000 premium seats for $964 in ticketing blunder

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    But despite realising the glitch, the airline reassured lucky passengers who snapped up the cheap tickets that the fare price would still be honoured. And more than 9 million Cathy customers had their personal information stolen when its computers were hacked previous year. At least 11 people bought 18 of the discounted tickets, but legislation in both Hong Kong and the US allowed airlines to cancel bookings if error is proven, the SCMP reported.
  • Tesla has over 3,000 Model 3s left in US inventory: Electrek

    Tesla has over 3,000 Model 3s left in US inventory: Electrek

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    Two nights ago, Tesla boss Elon Musk sent out a tweet telling his millions of followers that there was 48 hours left to buy a new EV and still qualify for the full $7,500 tax credit from the US government. In November, Tesla joined forces with General Motors and Nissan in an effort to persuade Congress to extend the EV tax credit. Tesla had earlier said it was "doing everything" to ensure those who ordered a vehicle as late as December 20 could take deliveries by December 31.
  • The minimum wage is increasing in these 21 states

    The minimum wage is increasing in these 21 states

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    The increases run the gamut from 5 cents an hour in Alaska, which tied its minimum wage to inflation in 2014, to $1.50 an hour in New York City, where the minimum for most non-service jobs is gradually moving toward $15 an hour. Economic studies on minimum wage increases have shown that some workers do benefit, while others might see their work hours reduced. Last year, she briefly made $10 an hour until Missouri passed a law to pre-empt wage increases in its cities.
  • Netflix Said to Have Poached CFO From Activision Blizzard

    Netflix Said to Have Poached CFO From Activision Blizzard

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    Today Activision Blizzard ( NASDAQ:ATVI ) announced they have named Dennis Durkin to the position of CFO again after firing Spencer Neumann . Activision Blizzard's Chief Financial Officer Spencer Neumann is expected to be named Netflix's new chief financial officer, according to the Wall Street Journal .
  • Former Nissan chairman Ghosn to remain in jail through January 11

    Former Nissan chairman Ghosn to remain in jail through January 11

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    Ghosn and Greg Kelly, Ghosn's close aide and a former Nissan representative director, were initially arrested November 19 on suspicion of understating in Nissan's securities reports roughly 5 billion yen of the former chairman's 10 billion yen remuneration during the five years through March 2015.
  • Numbers drawn for $425 million Mega Millions' New Year's Day jackpot

    Numbers drawn for $425 million Mega Millions' New Year's Day jackpot

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    Tune in to WITN News at 11 p.m. for your live Mega Millions lottery drawing before counting down to 2019. The $425 million jackpot is the 8th largest in the Mega Millions game history. If the money isn't claimed by late April, the money will return to the 44 states that hold Mega Millions lotteries. But even knowing that, it seems a lot of you don't want to pass up the chance at a live changing jackpot to start off the new year.
  • Florida minimum wage rises to $8.46 per hour beginning Tuesday

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    Millions of US workers will see increased pay in 2019 due to minimum-wage increases in 20 states and 21 cities. "It's been a long time since we've raised the federal minimum wage, and if Congress isn't going to do it, state lawmakers are feeling compelled to do it, and even local lawmakers", said David Cooper, senior economic analyst at EPI, a left-leaning research group.
  • Police mourn after doughnut van perishes in blaze

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    According to reports, the driver of the Krispy Kreme Doughnuts van realised that smoke was billowing from the carriage as he drove through Lexington. Police captioned the photos, "No words". It's not clear what caused the accident, but the police department indicated there were no injuries in the accident . "We are so deeply sorry for your loss", officers with Massachusetts' Stoughton Police Department wrote in a tweet .
  • Kentucky police mourn doughnut truck fire

    Kentucky police mourn doughnut truck fire

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    The department posted an image of officers mourning the loss of the truck with the caption, "No words". WKYT-TV reports no one was injured when the Krispy Kreme driver stopped after noticing smoke in the cab of his truck following a delivery in Morehead.
  • New year brings new minimum wage throughout NY

    New year brings new minimum wage throughout NY

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    According to Floridajobs.org, the minimum wage rate is recalculated yearly on September 30, based on the Consumer Price Index. Workers at small businesses in NY will receive $1.50 an hour minimum wage hike, from $12 to $13.50. That gain generally went to those who already had been working more hours while those who had been working less saw no significant change in their overall earnings.