• Trump Pick To Head US Federal Reserve Jay Powell Confirmed By Senate
Trump Pick To Head US Federal Reserve Jay Powell Confirmed By Senate

The Senate voted to confirm Federal Reserve Gov. Jerome Powell as chair of the central bank's Board of Governors on Tuesday. Yellen, the present chairman of Federal Reserve, was selected in 2014 by President Barack Obama and has been the first woman to be appointed on the position.

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  • Trump Administration Imposes Tariffs on Foreign Solar
Trump Administration Imposes Tariffs on Foreign Solar

After two years, these tariffs would be scaled back to 16% and 40% respectively. "Security and trade are linked to each other under Trump", said Choi Won-mog, an global trade law expert at Ewha University. On Monday, the White House announced a 30-percent tariff on imported solar panel technology and 20-percent on washing machines. With up to...

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  • U.S. investigators to probe crash between Tesla vehicle, fire truck
U.S. investigators to probe crash between Tesla vehicle, fire truck

In general, it is more hard for a car's radar-based system to detect and respond to a stationary object than a moving one, according to the Insurance Institute for Highway Safety. According to a later report by the National Transportation Safety Board , the driver ignored repeated warnings to keep his hands on the steering wheel.

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  • AI-based Amazon Go store makes cashiers redundant
AI-based Amazon Go store makes cashiers redundant

Simply sign into the Amazon Go mobile app to enter the store, shop as usual, and walk out the doors without touching your wallet. "For now", he added, "we're just focused on this store". It's confident that non-associates can be trusted to not " Just Walk Out " without paying. "We offer delicious ready-to-eat breakfast, lunch, dinner and ...

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  • International Monetary Fund improves economic growth forecast for CIS countries
International Monetary Fund improves economic growth forecast for CIS countries

Growth in the Middle East, North Africa, Afghanistan, and Pakistan region is also expected to pick up in 2018 and 2019, but remains subdued at around 3½ percent. Among advanced economies, growth in the third quarter of 2017 was higher than projected in the fall, notably in Germany, Japan, Korea and the US. Purchasing managers' indices indicate firm...

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  • Woman missing after falling overboard off Carnival Triumph
Woman missing after falling overboard off Carnival Triumph

Maureen La Bryer told Miami Herald that her daughter sent a text message shortly after the incident, indicating that there was "blood everywhere". A woman on board a Carnival Cruise Line ship died after she fell from her cabin's balcony.

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  • State of Mobile Networks: USA
State of Mobile Networks: USA

After almost 6 billion measurements, over 230,000 test devices and a duration of three months, T-Mobile has been declared the best United States mobile carrier in a new report by OpenSignal . Part of the reason T-Mobile was able to lap AT&T and Verizon over the previous year, according to OpenSignal , has to do with the latter two companies rei...

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  • Oil Prices Book Biggest Weekly Loss Since October
Oil Prices Book Biggest Weekly Loss Since October

The global oil market is moving closer to reaching "a healthy balance between supply and demand", the IEA said, with "no clear sign yet of OPEC turning up the taps to cool down oil's rally". Based on direct communication, the nation's output stood at 1.636 million barrels in December, up from 1.547 million bpd in November, said the report.

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  • AS Roma pair set for Chelsea switch
AS Roma pair set for Chelsea switch

Left-back Emerson has missed much of this season due to rehabilitation from a cruciate knee ligament injury but Dzeko's departure would be immediately and keenly felt. Conte isn't waiting around having missed out on a number of targets in the summer and he's reportedly turned his attention to two surprise Premier League targets.

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  • West Ham 1 Bournemouth 1: Hernandez proves his worth to Hammers
West Ham 1 Bournemouth 1: Hernandez proves his worth to Hammers

Hernadez is best known for his time with United, but he also spent a season on loan at La Liga giants Real Madrid while with the Red Devils and has been a regular source of goals wherever he has been. "It has been a great experience so far, and hopefully there's more to come". The midtable Hammers quickly equalized in the 73rd as substitute Javi...

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  • Government Creates Task Force to Support Carillion Workers
Government Creates Task Force to Support Carillion Workers

Up to 30,000 small firms are thought to be owed money by Carillion. Aidan Kehoe, chief executive of Liverpool Royal and Broadgreen University Hospitals, said a few days ago: "The Hospital Company is empowered to terminate existing contracts and engage a new contractor to complete construction".

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  • Democratic Sen. Robert Menendez to be retried in corruption case
Democratic Sen. Robert Menendez to be retried in corruption case

In November, a federal judge declared a mistrial after jurors twice reported they were hopelessly deadlocked. Prosecutors allege that Menendez engaged in a bribery scheme with co-defendant Salomon Melgen, a longtime friend, doing political favors for him in exchange for luxury hotel stays and campaign donations.

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  • White House doctor: 'No concerns' about Trump's cognitive ability
White House doctor: 'No concerns' about Trump's cognitive ability

While White House aides did not respond to questions about the president's weekend plans, Mulvaney told reporters he didn't expect Trump to go to Florida Saturday. Navy doctor Ronny Jackson says his assessment is based on Trump's cardiac assessment. But hundreds of people tweeting with the #GirtherMovement hashtag are accusing the United St...

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  • Amazon releases finalist cities for second headquarters, including LA
Amazon releases finalist cities for second headquarters, including LA

Amazon released its list of cities it is considering for a new headquarters and CT is not among the selections. "Thank you to all 238 communities that submitted proposals". The state also offered to create a fund operated by a public board that would invest in Amazon securities and fund local infrastructure projects as determined by the board an...

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  • Emirates Airlines' $16 Billion Order Keeps Airbus Making A380s
Emirates Airlines' $16 Billion Order Keeps Airbus Making A380s

Amid fears that production of the world's largest commercial aircraft, which can carry more than 800 passengers, was about to be mothballed by Airbus, it was announced that Emirates has ordered 20 more with an option to take a further 16. Airbus listed the average price of an A380 as 436.9 million dollars in 2017, although in practice sales are u...

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  • Kuwait Oil Minister: No Plan to Exit Oil Cuts
Kuwait Oil Minister: No Plan to Exit Oil Cuts

The American Petroleum Institute reported late Tuesday that commercial crude oil inventories in the United States dropped by close to 5.1 million barrels last week. Efficiencies spurred by the battle with OPEC - including faster drilling, better well designs and more fracking - helped US firms produce enough oil to successfully lobby for the repe...

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  • Joshua Wong jailed for contempt of court in another 2014 case
Joshua Wong jailed for contempt of court in another 2014 case

On Wednesday, the Court of First Instance sentenced Raphael Wong and Joshua Wong to 4.5 months and three months in prison respectively over the involvement in the clearance of a Mong Kok Occupy site in 2014. In 2014, a package of electoral reforms endorsed by China would have allowed Hong Kong residents to directly vote for their next chief...

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  • Amazon narrows field for second headquarters location to 20
Amazon narrows field for second headquarters location to 20

The cities or regions that remain on Amazon's list are Atlanta, Austin, Boston, Chicago, Columbus, Dallas, Denver, Indianapolis, Los Angeles, Miami, Montgomery County, Md., Nashville, Newark, New York City, northern Virginia, Philadelphia, Pittsburgh, Raleigh, Toronto, and Washington.

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  • United Kingdom holiday spending squeezed by Brexit-related inflation
United Kingdom holiday spending squeezed by Brexit-related inflation

The ONS figures reveal that for the whole of 2017, the quantity bought in retail sales increased by 1.9%, the lowest annual growth since 2013. Sales slid by more than expected, economists had forecast December sales to drop by 0.6 percent.

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  • US Consumer Financial Protection Bureau seeks no new operating funds
US Consumer Financial Protection Bureau seeks no new operating funds

Mulvaney noted that there appears to be no statutory requirement for the establishment or maintenance of such a reserve, and added that holding such a significant sum in reserve is unnecessary, as "the [Federal Reserve] Board has never denied a bureau request for funding and has always delivered requested funds in a timely fashion".

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