Bloomberg Businessweek reported that medallion prices, which peaked at $1.3 million in 2013, were already sliding, falling below $900,000 in 2013.
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Sixteen of 24 emerging-market currencies tracked by Bloomberg, including the peso and lira, hit oversold levels within the past 30 days, and another three are just a smidgen away from the mark, according to their 14-day relative strength indexes. That's after they tumbled 2.3 percent on average during
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Sarah McGregor, Bloomberg News economic policy team leader, discusses the results of trade talks between U.S. and Chinese officials in Beijing over the past two days. The talks did not result in any material progress for either country aside from a mutual agreement to continue conversations.
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Deutsche Bank AG is literally leaving Wall Street, moving its New York headquarters to midtown Manhattan as the German investment bank embarks on a broad shakeup of its U.S. operations. The company will lease 1.1 million square feet of office space at Columbus Circle, slashing its footprint in the
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Alex Wayne, Bloomberg News White House team leader, discusses President Trump's Friday speech before the National Rifle Association's annual meeting, which comes just months after Trump suggested that he might back stricter gun restrictions. He speaks with Bloomberg's Peter Barnes and
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