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George Osborne Delivers Eighth Budget As Chancellor
Mar 21, 2016Chancellor of the Exchequer George Osborne delivered his eight Budget today, with some of the main points outlined as such: Business - The headline rate of corporation tax, which is currently at 20%, will fall to 17% by 2020 - ...
Tags: George Osborne, Budget, Chancellor
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Volkswagen Ordered to Recall Vehicles Over Emission Issues in South Korea
Dec 2, 2015South Korea has ordered Volkswagen to recall 125,522 diesel vehicles after finding that emission test in the vehicles are manipulated. Regulators in South Korea have also imposed a $12.3m fine on the German automaker for emissions ...
Tags: Volkswagen, Audi, diesel cars
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The US Deficit to Stay Largely Flat in 2016
Nov 4, 2015The US deficit, down from the $1 trillion-plus levels of Obama's first four years and a $483 billion gap in fiscal 2014, will stay largely flat in 2016, then begin to march upward due to rising costs for debt and caring for fast-retiring ...
Tags: budget deficit, tax rates
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Toys R US 's Net Sales Grow by $61 Million in Q4
Mar 24, 2015Net sales grow by $61 million in the fourth quarter, despite its restructuring push circling another $100 million upwards in spending cuts. Toys R Us has seen net sales grow by $61 million in the fourth quarter, despite its restructuring ...
Tags: toys R Us, domestic business, toys
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The U.S. Economy Grew at a 2.6% Annual Rate in The October-December Quarter
Mar 31, 2014The U.S. economy grew at a 2.6 percent annual rate in the October-December quarter, slightly more than previously estimated, as consumer spending rose at the fastest pace in three years. The fourth-quarter growth rate was a bit stronger ...
Tags: U.S.economy, BMO Capital Markets
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Americans Spent More in January
Mar 5, 2014Americans spent more in January, but the increase came from a surgeA transient variation in the current and/or potential at a point in the circuit. in spending on heating bills during the harsh winter. Spending in areas such as autos and ...
Tags: Energy Costs, durable goods
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Today's Headlines Include Continuing Coverage of Medicare Advantage Payment Rates
Feb 27, 2014Today's headlines include continuing coverage of Medicare Advantage payment rates, as well as a range of stories about the health law's Medicaid expansion and online insurance marketplaces. Kaiser Health News: Impact Of Medicare ...
Tags: Medicare Advantage, Obama Administration, Medicare Data, Obamacare
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Lawmakers Introduced Monday Cuts $1 Billion From The Health Law's Prevention
Jan 15, 2014The $1 trillion spending bill that lawmakers introduced Monday cuts $1 billion from the health law's Prevention and Public Health Fund and holds down funding for other health law programs to 2013 levels, but leaves it otherwise untouched. ...
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China's Manufacturing Grew at Its Strongest Rate in 18 Months in December
Dec 19, 2013China's manufacturing grew at its strongest rate in 18 months in December but new exports fell from the previous month due to weak global demand, a survey showed Monday. HSBC Corp. said its monthly purchasing managers' index rose to 51.1 ...
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Standard and Poor's Announced The Lowering of Its Forecast for US GDP Growth for 2014
Dec 13, 2013International credit ratings agency Standard and Poor's has announced the lowering of its forecast for US GDP growth for 2014 to 2.6 percent from the previous estimate of 3.1 percent, "amid the increased risks of a government stalemate and ...
Tags: GDP, metallurgy
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The Ongoing Housing Recovery Is Expected to Gain Momentum Next Year
Oct 4, 2013With home prices and household formations rising and household balance sheets healing, the ongoing housing recovery is expected to gain momentum next year even as several challenges remain, according to economists who participated in the ...
Tags: Construction, Decoration
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Important Decisions on Financial Policy Are Due in The USA in The Coming Weeks
Oct 1, 2013Important decisions on financial policy are due in the USA in the coming weeks. Without the consent of the Republican majority in the House of Representatives, the government can neither determine the budget for the coming fiscal year, ...
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Several Influential Environmental Groups Are Gearing up to Sue The Obama Administration
Jul 11, 2013Several influential environmental groups are gearing up to sue the Obama administration for refusing to regulate US coal mines as major emitters of methane, a greenhouse gas that many scientists say is fueling climate change. Ashley ...
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Spending on Cyber Defence Is Set to Increase Despite The Coalition Government
Jun 24, 2013Spending on cyber defence is set to increase despite the coalition government announcing a further £11.5bn of cuts from Whitehall spending set out for 2015-2016. The Treasury announced the decision following a series of phone calls ...
Tags: Cyber Security, Cyber Conflict
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Aussie Slumped to a Fresh 33-Month Low as China's Economy Showed More Signs of a Slowdown
Jun 20, 2013The Aussie slumped to a fresh 33-month low today as the US central bank signalled plans to rein in its stimulus program before the end of the year and China's economy showed more signs of a slowdown. At 5pm AEST, the Aussie was trading at ...