Washington News
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Updated 28 minutes ago
International Monetary Fund Managing Director Christine Lagarde averted being charged by a Paris court investigating her decision to allow arbitration that benefited a supporter of former President Nicolas Sarkozy.
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Updated 31 minutes ago
Paul Tudor Jones, the billionaire investor who sought yesterday to clarify remarks that drew protests, apologized for saying that women can’t compete with men as macro traders after having children.
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Updated 1 hour, 31 minutes ago
The collapse of a U.S. interstate highway bridge north of Seattle highlights the deteriorating state of the country’s infrastructure, even following $48.1 billion in economic stimulus funds and a 2007 fatal bridge failure in Minnesota.
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Updated 28 minutes ago
U.S. Attorney General Eric Holder took part in the decision to seek a search warrant for a Fox News reporter’s e-mails in a leak investigation, the Justice Department said.
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Updated 1 hour, 38 minutes ago
PJM Interconnection LLC, which runs the largest U.S. power grid, said consumer costs to insure adequate generating capacity in the year starting June 2016 will drop 56 percent amid competition from new plants fueled by natural gas.
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Updated 1 hour, 59 minutes ago
The Canadian dollar dropped for a third week against its U.S. counterpart amid investor concern that gains in riskier assets have outpaced global economic growth.
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Updated 1 hour, 59 minutes ago
The dollar erased losses against the euro, trimming a weekly decline, as a higher-than-forecast increase in orders for U.S. durable goods added to speculation the Federal Reserve may slow monetary stimulus this year.
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Updated 2 hours, 9 minutes ago
Fannie Mae is snatching potential profits away from mortgage lenders as it posts record earnings that are fueling industry concern the government-backed company is regaining its swagger even as lawmakers plot its demise.
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Updated 58 minutes ago
Futures traders increased bets that the yen will weaken against the dollar to the most since July 2007 as speculation rises that the U.S. is moving closer to reducing monetary stimulus.
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Updated 1 hour, 55 minutes ago
Most U.S. stocks fell after paring early losses for a second day, as investors weighed prospects of economic growth with concern the Federal Reserve will reduce stimulus efforts.
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