It's no longer a question of if the Fed will cut interest rates, but when

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It's no longer a question of if the Fed will cut interest rates, but when

Now that the long resilient job market is showing signs of strain, economists and investors now firmly believe the Federal Reserve will move to cut rates this year, possibly as early as July. The economy added 75,000 jobs in May, about 100,000 less than …
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The Latest: Protester arrested at Jeff Bezos Amazon event

The Latest on the arrest of a protester who approached Amazon CEO and founder Jeff Bezos on stage at a conference in Las Vegas (all times local):. 4:35 p.m.. A woman was arrested after approaching Amazon CEO and founder Jeff Bezos and yelling about …
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India cenbank relaxes stressed bank assets guidelines

MUMBAI, June 7 (Reuters) – The Reserve Bank of India diluted its earlier guidelines on stressed assets and has now mandated banks to undertake a review of a borrower account within 30 days of default, according to a fresh circular issued on Friday.
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Norwegian Cruise Line says Cuba travel ban to hit 2019 earnings

Norwegian Cruise Line Holdings said on Friday the Trump administration’s sudden ban on cruises to Cuba would hit its 2019 profit. Cruise operators are scrambling to adjust their itineraries after the United States said it would no longer permit visits to the …
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European stocks gain; US jobs growth badly misses estimates

European stocks traded higher Friday, continuing to rally in afternoon trade despite U.S. nonfarm payroll figures falling dramatically short of estimates. The pan-European Stoxx 600 was up 0.8% during the afternoon session, technology stocks leading gains …
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