EMERGING MARKETS-Latam FX weaker, Brazil hit by arrest of ex-president

(Recasts throughout, updates prices) By Susan Mathew March 21 (Reuters) – Latin American currencies weakened on Thursday as the dollar soared, while Brazil shares fell sharply following the arrest of a former president of the country on graft charges. A slump in the dollar’s top European rivals, the euro and pound sterling, on Brexit worries helped the greenback shrug off […]

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Alberta Election Fact Check: UCP claims NDP’s plan killed 48,000 jobs in 4 months

It’s a point we’ve heard often from the United Conservatives: Alberta has high unemployment and the NDP’s efforts to address the problem have failed. “With more Albertans unemployed and the unemployment rate climbing higher yet again, it’s clear that the NDP plan simply isn’t working,” UCP MLA Ric McIver said in a March 8 news release. “High-tax, high-debt, anti-growth NDP […]

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Housing market is tipping in favor of buyers, real-estate agents say

It’s been a long winter in the housing market. Economic unease, uncertainty about taxes, fluctuating mortgage rates, and rain and snow have kept buyers and sellers on the sidelines throughout much of the country. Those insights – and more detailed observations – come from investment bank Credit Suisse, which polls real estate agents around the country every month. Its February […]

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Fox News viewership explains political differences even among Republicans, study concludes

Chris Cuomo of CNN recently slammed CNN rival Fox News as “state TV” and “pawns of the president.” Disagree? A poll released on Thursday might — but probably won’t — change your mind. “There is an alternate reality in American politics, and it plays an outsized role in the way many experience and form opinions on the most important issues […]

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This ‘Manchurian Candidate’ is Trump’s best hope in 2020, Mike Huckabee says

That’s former Arkansas Governor Mike Huckabee taking his place in a long line of voices from the right who continue to share their preoccupation with freshman Rep. Alexandria Ocasio-Cortez, a New York Democrat. In an interview on Fox News Thursday morning, the father of Trump’s White House press secretary Sarah Sanders responded to host Brian Kilmeade’s suggestion that AOC has […]

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UK Retail Sales Unexpectedly Rise In February; Borrowing Hits 17-year Low

UK retail sales rose in February, defying expectations for a decline, despite a sharp decline in food sales, preliminary data from the Office for National Statistics showed on Thursday. Retail sales grew 0.4 percent month-on-month after a 0.9 percent rise in January. Sales rose for a second straight month. Economists had forecast a 0.4 percent decline. Sales growth in all […]

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UPDATE 2-Dovish Swiss National Bank raises global trade and Brexit worries

* Swiss National Bank keeps expansive monetary policy in place * Lower inflation forecasts point to long-term low rates * Swiss negative rates to remain in place for foreseeable future (Rewrites, adding chairman comment, analyst) By John Revill ZURICH, March 21 (Reuters) – Swiss National Bank Chairman Thomas Jordan said increasing global economic risks such as Brexit and U.S.-Chinese trade […]

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Fed Leaves Interest Rates Unchanged, No Longer Expects Rate Hikes This Year

In a widely anticipated move, the Federal Reserve announced its decision Wednesday to leave interest rates unchanged following a two-day monetary policy meeting. The Fed decided to maintain the target range for the federal funds rate at 2-1/4 to 2-1/2 percent in support of its mandate of fostering maximum employment and price stability. The central bank’s forward projections also indicated […]

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These jobs aren't worth the cost of their degrees

Colleges aren’t selling an education anymore, they’re selling a degree: Former investment banker Former investment banker Carol Roth on the Trump administration’s proposed limits on student loan borrowing. As the costs of higher education increase for students in the U.S., it might be worthwhile to pick your degree carefully. Continue Reading Below At a time when Americans are saddled with […]

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Brexit Brief: EU tells Theresa May — it’s deal, or no deal

U.K. Prime Minister Theresa May’s request for the EU to extend Britain’s scheduled exit from the bloc has been met with a stark ultimatum from Brussels: not unless you can get your Brexit deal through parliament. May will travel to Brussels today after warnings from European Council President Donald Tusk that the EU might only approve the three-month delay to […]

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