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As shutdown lingers, Pelosi urges Trump to reschedule State of the Union

U.S. House Speaker Nancy Pelosi on Wednesday asked President Donald Trump to reschedule the annual State of the Union address until the federal government fully reopens, as a partial shutdown stretched into its 26th day with no signs of resolution.


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Posted 2019/01/16 16:24:04

USDA recalls workers to help process farm loans, tax documents: statement

The U.S. Department of Agriculture will temporarily reopen its Farm Service Agency (FSA) offices starting on Thursday to help process farm loans and tax documents, it said in a statement on Wednesday.


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Posted 2019/01/16 16:23:02

Four U.S. troops reported among 16 dead in north Syria attack

A bomb attack claimed by Islamic State killed U.S. troops in northern Syria on Wednesday, weeks after President Donald Trump said the group was defeated there and he would pull out all American forces.


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Posted 2019/01/16 16:19:30

Factbox: What might a no-deal Brexit look like?

Britain is due to leave the European Union in 10 weeks' time but it still has no clear way out of the bloc, raising the prospect of no transition period to smooth the shock for the world's fifth-biggest economy.


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Posted 2019/01/16 16:05:12

Democratic Senator Gillibrand to launch 2020 White House bid

U.S. Senator Kirsten Gillibrand told CBS' "The Late Show With Stephen Colbert" that she would file paperwork on Tuesday night to explore a run for the Democratic presidential nomination in the 2020 election.


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Posted 2019/01/16 15:46:41

Gains in Goldman, BofA drive Wall Street to four-week high

Bank stocks drove Wall Street to a one-month high on Wednesday after strong earnings from Bank of America and Goldman Sachs, with a multi-billion dollar deal in the fintech sector adding to the boost.


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Posted 2019/01/16 15:22:49

Kenya hotel siege over, militants and at least 14 victims dead

Kenyan security forces have killed the militants who stormed an upscale Nairobi hotel compound, taking at least 14 lives and forcing hundreds of others into terrifying escapes, the government said on Wednesday.


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Posted 2019/01/16 15:12:12

Fiserv to buy First Data for $22 billion to boost payments business

U.S. financial technology provider Fiserv Inc said on Wednesday it will buy payment processor First Data Corp in a $22 billion all-stock deal, the biggest ever acquisition in a booming market in digital payments technology.


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Posted 2019/01/16 15:05:16

Brexit: Where will the UK end up: fudge, no-deal exit or halting Brexit?

With just 10 weeks until the United Kingdom is due to leave the European Union, it is unclear how or even whether the divorce will take place.


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Posted 2019/01/16 15:02:21

BlackRock profit misses as market turmoil hits bottom line

BlackRock Inc , the world's largest asset manager, reported lower-than-expected quarterly profits on Wednesday, as price cuts and market turmoil overshadowed strong sales of relatively low-cost funds.


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Posted 2019/01/16 12:54:23

Goldman Sachs reports higher fourth-quarter trading revenue

Goldman Sachs reported an increase in trading revenue on Wednesday, the first Wall Street bank so far to show growth in that business during the fourth quarter as a rise in equities trading revenue offset losses from bond trading.


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Posted 2019/01/16 12:46:21

Fiserv to buy First Data in $22 billion stock deal

U.S. financial technology provider Fiserv Inc said on Wednesday it will buy payment processor First Data Corp in a $22 billion deal, making it one of the largest acquisitions in the financial technology sector.


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Posted 2019/01/16 12:43:46

Ford forecasts weaker-than-expected fourth quarter profit

Ford Motor Co gave a fourth-quarter earnings forecast on Wednesday that was below analysts' expectations, sending shares down more than 2 percent in premarket trading.


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Posted 2019/01/16 12:42:25

BofA beats profit estimates on higher interest income, loan growth

Bank of America Corp reported better-than-expected fourth-quarter profit as higher interest income and loan growth eclipsed declines in revenue from investment banking and bond trading, sending its shares up 3 percent.


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Posted 2019/01/16 12:19:49

Time for playing games on Brexit over: German foreign minister

With the clock ticking ahead of Britain's scheduled exit from the European Union at the end of March, German Foreign Minister Heiko Maas said on Wednesday the "time for playing games" was over after London's rejection of a withdrawal agreement.


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Posted 2019/01/16 12:00:33

Kenyan forces kill hotel assailants who took 14 lives

Kenyan security forces have killed the militants who stormed an upscale Nairobi hotel compound, taking at least 14 lives and forcing hundreds of others to make terrifying escapes, the government said on Wednesday.


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Posted 2019/01/16 11:56:24

China must prepare for economic difficulties in 2019: premier

China must prepare for difficulties this year as the economy faces increasing pressure, state radio on Wednesday quoted Premier Li Keqiang as saying.


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Posted 2019/01/16 10:53:37

China posts scant rise in outbound investment in 2018 amid outflow curbs

China's overseas investment rose only marginally in 2018 as the yuan weakened and regulators cracked down on deals that were suspected to be skirting controls on moving money out of the country.


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Posted 2019/01/16 10:52:22

Shutdown bites economy, U.S. Coast Guard, as talks to end impasse stall

The U.S. economy is taking a larger-than-expected hit from the partial government shutdown, White House estimates showed on Tuesday, as contractors and even the Coast Guard go without pay and talks to end the impasse seemed stalled.


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Posted 2019/01/16 10:51:03

Russia says it caught former U.S. marine accused of spying red-handed

Russia said on Wednesday that it had caught former U.S. marine Paul Whelan, who is being held in Russia on spying charges, while he was in the act of carrying out illegal activities in his Moscow hotel room.


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Posted 2019/01/16 10:10:17