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Frankfurt stock exchange

Europe stocks stumble, dollar lifted by U.S rate view

European shares fell in thin trade on Monday while the dollar powered ahead after U.S. Federal Reserve Chair Janet Yellen indicated that the central bank was poised to raise interest rates this year.

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Crude oil

Brent crude oil slips towards $66 before long weekend

Oil prices slipped on Friday as worries over the impact of war in the Middle East on crude supplies were outweighed by reports of profit-taking ahead of a long weekend.

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Jeb Bush

How an off-the-cuff remark shaped Jeb Bush's economic vision for U.S.

There were no fancy economic models or forecasts when former Florida Governor Jeb Bush first tossed out the idea that 4 percent annual growth should be the overarching goal for the U.S. economy.

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Takata

Takata doubling U.S. recall for defective air bags to 34 million vehicles

Japanese air bag manufacturer Takata Corp is doubling a recall of potentially deadly air bags to nearly 34 million vehicles, creating the largest automotive recall in American history, U.S. safety regulators said on Tuesday.

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US Flag

U.S. seen growing 0.7 percent in second quarter after data: Atlanta Fed

The United States was on track to expand 0.7 percent in the second quarter after data showed domestic housing starts surged to their strongest level in about 7-1/2 years in April, Atlanta Fed's GDPnow forecast model showed on Tuesday.

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Autos on a freeway

Price cutting threatens automakers' rich margins in China

International automakers are slashing prices for vehicles they sell in China in response to a slowdown in demand that threatens the industry's rich profit margins.

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Walmart

Wal-Mart same-store sales miss estimates as shoppers cut spending

Wal-Mart Stores Inc (WMT.N) reported lower-than-expected quarterly U.S. same-store sales growth, saying its customers were using their tax refunds and savings at the pump to pay down debt rather than spend on discretionary items.

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NYSE

Investors stick to bets even as dollar and bonds slip

The dollar's four-week decline and a slump in bond prices has upset some assumptions about where global financial markets are heading, but haven't deterred most investors from staying faithful to their bets.

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Airplane

U.S. airlines group expects busiest summer travel season ever

Summer travel on U.S. airlines is expected to reach an all-time high this year on the wings of a strong U.S. economy, Washington-based trade group Airlines for America said on Monday.

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Gas station

U.S. gas prices up 22 cents over past three weeks: survey

The average price of a gallon of regular-grade gasoline in the United States rose 22 cents over the past three weeks to $2.82, according to a Lundberg survey released on Sunday.

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Poultry farm

Mozart-loving chickens may answer quest for healthier nugget

In barns filled with classical music and lighting that changes to match the hues outside, rows of chickens are fed a diet rich in probiotics, a regimen designed to remove the need for the drugs and chemicals that have tainted the global food chain.

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Trader at New York Stock Exchange

Outlook brighter, but not enough yet for higher rates

Prospects for a step-change in global economic growth are better than they have been in many years, but much depends on solid evidence that an awful first quarter for the United States is far in the rear-view mirror.

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Chevrolet 2016 Camaro SIX

GM's lighter 2016 Camaro ups the ante in U.S. muscle car wars

General Motors Co (GM.N) unveiled the sixth generation of its Chevrolet Camaro on Saturday, upping the ante as Detroit’s muscle cars enjoy a renaissance fueled by cheap oil.

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Takata

Honda adds to Takata air bag recalls; global tally now around 36 million

Honda Motor Co (7267.T) on Thursday recalled close to 5 million vehicles fitted with potentially faulty Takata Corp (7312.T) air bag inflators, as investigations showed the problem behind one of the biggest auto safety crises may be more widespread than thought.

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U.S. President Barack Obama

Trade supporters breathe easier as U.S. trade bill clears Senate hurdle

A 12-nation Pacific trade agreement cleared a crucial test in the U.S. Senate on Thursday, giving a resounding thumbs-up to legislation that holds the key to President Barack Obama's diplomatic pivot to Asia.

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