Moody's downgrades China, warns of fading financial strength as debt mounts

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Moody's downgrades China, warns of fading financial strength as debt mounts

FILE PHOTO: Employees work in a Hangzhou Iron and Steel Group Company workshop in Hangzhou, Zhejiang province August 4, 2009. REUTERS/Steven Shi/File Photo.
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Uber admits it underpaid New York drivers tens of millions of dollars

Uber on Tuesday admitted to underpaying its New York City drivers tens of millions of dollars for the last 2 1/2 years. “We are committed to paying every driver every penny they are owed – plus interest – as quickly as possible,” Uber executive …
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Border Tax's Apparent Demise Jeopardizes GOP Overhaul Plan

An employee at an avocado packaging plant in Michoacán State, Mexico. The United States buys most of Mexico's avocados, which would be subject to a 20 percent tax under a proposed plan.
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H&M's Chairman Is Buying Up More of Retailer as Shares Slump

As shares of Hennes & Mauritz AB slump and analysts cut their forecasts and ratings on Europe's second-largest clothing retailer, at least one investor
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Stocks close higher, post 4-day win streak, as investors regain faith in Trump trade

Stocks closed higher on Tuesday as hope around the Trump trade was renewed among investors. The Dow Jones industrial average rose about 45 points higher with Goldman Sachs contributing the most gains.
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