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China’s GDP Growth Slows to 7.4% in First Quarter on Investment

China’s economic growth slowed to 7.4 percent in the first quarter from a year earlier, as the government tries to curb a credit boom while sustaining enough expansion to support employment.

bloomberg.com

5 hours ago

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A Deal on Pensions Lifts Hopes in Detroit

An agreement that would prevent cuts to pensions of retired police officers and firefighters could move the city closer to an exit from bankruptcy.

nytimes.com

12 hours ago

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Mid-Afternoon Market Update: Markets Trade in Highly Volatile Session as Talk of a Pull-Back is Widespread

Toward the end of trading Tuesday, the Dow traded up 0.49 percent to 16,252.73 while the NASDAQ rose 0.44 percent to 4,039.97. The S&P also rose,.

nasdaq.com

3 hours ago

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Why Alibaba Is a Big Deal

Alibaba is gearing up for a U.S. IPO that could raise $15 billion, just shy of what Facebook sold when it went public. The Wall Street Journal's Thomas Di Fonzo explains why Alibaba is so big.

live.wsj.com

3 hours ago

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Pensions 'Timebomb' - 85% of Pension Funds Will Go Bust

Pension funds over exposure to paper assets and lack of diversification has cost pension holders dearly in recent years...

zerohedge.com

13 hours ago

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