Incumbents Get a Scare in Illinois

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Incumbents Get a Scare in Illinois

The big news out of the Illinois primaries Tuesday came from two almost-defeated incumbents: the Republican governor and a Democratic member of the House. Both were excellent examples of how much parties care about policy. But the Democratic case was exactly what a healthy challenge looks
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San Francisco becomes largest US city to ban fur sales

The Northern California city approved the prohibition, which applies to apparel and accessories featuring real fur. Loading… Post to Facebook.
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Alphabets and Twitters of the World May Face EU 3% Revenue Tax

Large digital companies operating in the European Union, such as Alphabet Inc. and Twitter Inc., could face a 3 percent tax on their gross revenue based on users' locations, according to a plan by the European Commission. The proposal by the EU's executive arm outlines how a targeted levy on sales
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Fed Lifts Rates, Steepens Path Through 2020 For More Hikes

They saw rates at 3.4 percent in 2020, up from 3.1 percent in December, according to the median estimate. The S&P 500 Index of U.S. stocks stayed higher after the release, while the yield on 10-year U.S. Treasury notes rose slightly, to 2.91 percent. The Bloomberg Dollar Spot Index was lower.
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Africa Signs Free-Trade Deal to Replace Existing Agreements

African leaders signed accords setting up a continental free-trade area that's expected to boost commerce within the 55-member African Union and eventually supplant a patchwork of existing agreements. More than 40 nations signed the African Continental Free Trade Area agreement, or AfCFTA,
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