China's yuan slips, money rates surge as c.bank drains funds

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China's yuan slips, money rates surge as c.bank drains funds

SHANGHAI: China's yuan weakened slightly against the dollar on Wednesday, but interbank money rates surged after the central bank drained funds for a third straight day in a further sign of policy tightening.
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Dollar Loses Traction, Longs Bail as Data-Driven Gains Evaporate

The Bloomberg dollar index was down less than 0.1 percent after gaining as … while the June odds rose to 80 percent, according to Bloomberg data.
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Let's tax carbon and give the money back to American households

Regarding the article in The Tribune on Feb. 3, “Senators push EPA nominee as Dems boycott,” there is a form of revenue-neutral carbon fee-and-dividend that would tax fossil fuels, return all the revenue from the tax to households and promote clean energy.
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General Dynamics: New Accounting Rule Clouds Sunny Medium Term Outlook

New accounting rules will change how GD recognizes revenue and earnings. Since GD is only restating results for 2016, the firm's historical results
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CSX calls for shareholder meeting over activist investor requests

U.S. rail operator CSX Corp (CSX.O) said its board has called for a special meeting of its shareholders to discuss requests made by hedge fund Mantle Ridge LP, which is trying to install Hunter Harrison, outgoing chief executive of Canadian Pacific …
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