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President Trump is set to announce his choice to replace Jerome H. Powell as chair of the Federal Reserve, saying it is someone "known to everybody in the financial world."
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The meaning of Xi's military purge Financial TimesExclusive | China's Top General Accused of Giving Nuclear Secrets to U.S. - WSJ The Wall Street JournalXi Jinping's purge should worry the world The EconomistThe Unsettling Implications of Xi's Military Purge Foreign AffairsWhy Xi Jinping Has Purged His Top Military Leaders Bloomberg
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Nations that avoided China in recent years are now sending their leaders to Beijing for meetings with Chinese President Xi Jinping.
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Brandon Beane explains decision not to wait to interview candidates from Super Bowl teams NBC SportsHow to watch and stream Joe Brady's introductory press conference as Buffalo Bills head coach buffalobills.comJoe Brady drops Josh Allen truth bomb during Bills introductory press conference Yahoo SportsBills promote OC Joe Brady to head coach on 5-year deal ESPN
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War Threats and Ambiguous Evidence: Trump Again Confronts Iran The New York TimesMaps: Where the U.S. Is Building Up Military Force Near Iran The New York TimesArab and Muslim powers mount last-ditch effort to avert US-Iran conflict Financial TimesAs Trump pressures Iran with "massive armada," Mideast allies urge him not to strike CBS NewsTrump weighs imm
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Asia stocks choppy, on track for best month in three years ReutersView Full Coverage on Google News
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Trump-blessed deal to keep government funded gets snagged in Senate PoliticoTrump says deal reached on stopgap spending bill for DHS, but weekend shutdown still possible Federal News NetworkTrump, Senate Dems Agree Deal but Shutdown Looms Time MagazineHere's what could be affected if the government shuts down again CNN
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Thailand's reformist Natthaphong is frontrunner ahead of February vote, polls show ReutersThailand's largest opposition widens lead over Anutin's party: poll Nikkei AsiaThailand's Opposition Party Widens Lead Ahead of Tight Election Race Bloomberg.comPeople's Party, Natthaphong lead in NIDA, Rajabhat polls Thai PBS World
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Apple reported record earnings, almost entirely because of its iPhone and Services businesses.
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U.S. Trade Deficit Widens Despite Trump's Tariffs The New York TimesTrade deficit soared 94% in November and was higher than a year ago, despite tariff efforts CNBCU.S. Trade Deficit Bounces Back as Tariffs Cause Volatility The New York TimesTrump's Tariff Boasts Backfire as Key Economic Measure Balloons The Daily Beast
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Critical talks underway to avoid government shutdown after Senate blocks massive funding bill CNNTrump Live Updates: Senate Blocks Spending Bill Ahead of Shutdown Deadline The New York TimesThese services are at risk if the government shuts down again AxiosSenate fails to advance spending bills as Democrats push for DHS reforms NPRIf The Government Shuts Down Again, How Could You Be Impacted? Time Magazine
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Nets May Make Offer For Giannis Antetokounmpo Hoops RumorsSources: Heat, Wolves, Knicks, Warriors among Giannis suitors ESPNGiannis Antetokounmpo's best landing spot? 12 takes on the trade talks surrounding the Bucks Yahoo SportsThe Bucks are ready to talk Giannis trades. So are the Warriors, Knicks and others - The Athletic The New York Times
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Your Halo Story | Halo - Official Site (en) Halo WaypointHalo Studios Details '25 Years of Halo' Celebrations XboxEraHalo Silver Anniversary Content Creator Guide Released filmogaz.comCelebrating 25 Years of Halo | Halo - Official Site (en) Halo WaypointHalo x MOPOP Supper Fan Club | Halo - Official Site (en) Halo Waypoint
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Shirley Raines, 58, Who Gave L.A.'s Homeless Food and Makeovers, Dies The New York TimesMs. Shirley Raines, Beauty 2 The Streetz founder who cared for the homeless on Skid Row and in Nevada, dies at 58 abc7.comShirley Raines, homeless advocate on Skid Row and nonprofit founder, dies at 58 latimes.comShirley Raines dies laist.com
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Newsom Files Civil Rights Complaint Against Dr. Oz Over Fraud Video The New York TimesDr. Oz accused L.A. Armenians of fraud in a viral video. Newsom files civil rights complaint latimes.comDr. Oz video alleging fraud in Van Nuys prompts response from Armenian community nbclosangeles.com
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Venezuelan Lawmakers Approve Sweeping Overhaul of Oil Sector The New York TimesVenezuelan lawmakers approve new law opening oil industry to foreign companies CNNVenezuela's Rodriguez signs oil reform law while the US eases sanctions Al JazeeraSweeping oil reform in Venezuela approved, operators expected to gain autonomy Reuters
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The iPhone maker projected gross margins well ahead of Wall Street estimates, reassuring investors that it's successfully managing the surge in memory prices
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Addison Returns To Grey's Anatomy To Save A Life — And Drop A Tragic Bombshell On Amelia TVLine‘Grey's Anatomy' Welcomes Back Amelia With The Help Of Addison Who Shares Bombshell News DeadlineKate Walsh on Returning to ‘Grey's Anatomy,' Her ‘Family' Bond With Caterina Scorsone and Why Fans Still Talk About Addison's ‘Iconic' Season 1 Entrance (EXCLUSIVE) Variety‘Grey's Anatomy' Brings Back Kate Walsh's Addison to Drop a Bombshell About Her Marriage Us Weekly
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Exclusive | Spy Chief Tulsi Gabbard Is Hunting for 2020 Election Fraud The Wall Street JournalKash Patel defends FBI raid as Fulton County officials demand answers AxiosTrump posts discredited conspiracy theories following seizure of 2020 ballots in Georgia ABC NewsSearch warrant FBI served at elections office near Atlanta seeks records tied to the 2020 elections AP News
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Trump, two sons, Trump Org sue IRS, Treasury for $10 billion over tax records leak CNBCTrump sues IRS and Treasury for $10 billion over leaked tax records The Washington PostTrump reportedly sues US Treasury and IRS for $10bn; US Senate reaches deal to avert partial government shutdown - as it happened The GuardianTrump sues IRS and Treasury Department for $10 billion over tax return leak CNN
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The American Institute of CPAs is asking for a contingency plan keeping 100% of IRS employees on the job in case of a shutdown during tax season.
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Starbucks set to open thousands more coffee shops globally Financial TimesView Full Coverage on Google News
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Patrick James, who was earlier ousted from the beleaguered auto-parts maker, is accused by federal prosecutors of faking invoices and lying about hidden debt for years.
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Trump Weighs New Military Options Against Iran The New York TimesSaudi, Israeli officials visit D.C. to talk possible U.S. strikes on Iran AxiosPM holds briefing on ‘classified topic' as Trump decision on Iran strike said expected in days timesofisrael.comIran latest: Tehran attacks EU decision to list IRGC as a terrorist group The Independent
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Bain Capital has entered the fixed-base operator sector through the acquisition of APP Jet Center, a provider of aviation services at "high-quality, supply-constrained airports" in the US.
The post Deal Roundup: Bain Capital buys into APP Jet Center, CAPZA seals UUDS deal appeared first on AltAssets Private Equity News.
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A bear market accompanied by market volatility has led to shifting perceptions of what constitutes a secure retirement, according to a new national poll by Kiplinger and retirement services company Athene. Top concerns of retirees and near-retirees include a possible recession, the financial security of Social Security, the cost of health care and inflation.
A majority of respondents say that having more guaranteed income in retirement would ease their concerns about running out of money. Even so, an overwhelming majority of current retirees report high levels of satisfaction and happiness. And retirees are generally confident about their financial future, with 70% reporting they expect to have enough income to live comfortably, and 66% saying they are confident they will not run out of money in retirement. However, preretirees are less sanguine. Less than 55% of respondents not yet retired expressed confidence that they will not run out of money at some point.
The poll targeted retirees and pre-retirees with a net worth of at least $100,000; the respondents' median household net worth (excluding primary residence) was $369,979 for retirees and $322,506 for pre-retirees. The relatively high net worth is one likely reason financial confidence in this survey is higher than reflected in other retirement-confidence surveys.
Retirees are a bit more positive about stock market volatility than preretirees. Nearly half (49%) of retirees are concerned that stock market volatility could cause serious economic hardship in retirement (versus 64% of preretirees). Some 68% of retirees say they are doing nothing (and waiting) in response to volatility this year (versus 60% of preretirees).
Among retired respondents, 83% have already claimed Social Security benefits, with a mean claiming age of 63. For 43% of these respondents, Social Security provides 50% or more of their annual retirement income. Top sources of stable income for current retirees (be
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BESIDES brains, the only tools an economist used to need were a pen and notebook. But massive improvements in computing power have turned the dismal science into an increasingly empirical one. Research by Daniel Hamermesh at Royal Holloway, University of London, finds the share of economics papers in leading journals focused on pure theory fell from 58% in 1983 to 19% in 2011.
Three types of empirical papers have taken their place. The first sort feeds on publicly available data, such as household surveys. The second relies on data from experiments, such as randomised controlled trials. Most leading empirical papers, however, now rely on other data, often administrative and acquired through extensive negotiation with government officials. Analysis by The Economist of work from the National Bureau of Economic Research finds that at least 28 papers it released last year featured the use of administrative data. Before 2000 hardly any did (see...Continue reading
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