Federal Reserve Chairman Jerome Powell returns to Capitol Hill on Thursday for a second day of testimony, with investors eager for more on whether his bullish view of the U.S. economy might translate into a more aggressive approach to raising interest rates this year and beyond.
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Thursday, March 1, 2018
WPP Shares Plunge on Worst Results in Years
WPP shares tumbled 14% after the company logged its worst year since the financial crisis and forecast no growth for 2018, the latest sign of how advertising’s digital revolution is roiling the industry.
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Exxon Abandons Russian Projects Brokered by Tillerson
Exxon is ending projects with Rosneft, Russia’s state-controlled energy giant, because of international sanctions on Moscow, abandoning signature achievements of its former chief executive, Secretary of State Rex Tillerson.
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Wednesday, February 28, 2018
Walmart, Dick's Say They Will Stop Selling Guns to Those Under 21
Walmart and Dick’s Sporting Goods said they would no longer sell guns to anyone under 21 years old, as two of the country’s biggest gun sellers tightened their policies in the wake of a high-school shooting that left 17 people dead in Parkland, Fla.
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Updated IRS Tool Will Help With Paycheck Withholdings
Taxpayers may now use an IRS tool to determine how much they should have withheld from their paychecks under the new tax law.
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Pentagon Pushes for Deeper F-35 Cost Cuts
The Pentagon is pushing to make the F-35 combat jet cheaper and will take over some repair work to prevent the world’s most expensive military program from becoming unaffordable.
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Mnuchin, Dogged By Protesters, Doesn't Want Video Posted
Treasury Secretary Steven Mnuchin asked the University of California, Los Angeles not to post a video of his recent public appearance at which he was heckled by students.
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