WASHINGTON (Reuters) – U.S. job growth slowed more than expected in August after two straight months of hefty gains, but the pace of increase should be more than sufficient for the Federal Reserve to announce a plan to start trimming the massive bond portfolio it built to support the economy. Persistently sluggish wage growth could,
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MONZA, Italy (Reuters) – Mercedes dominated Italian Grand Prix practice on Friday with Valtteri Bottas pipping teammate Lewis Hamilton for the fastest lap of the day, with Ferrari’s Formula One leader Sebastian Vettel best of the rest. Hamilton was quickest in a cloudy morning session, with a lap of one minute 21.537 seconds and Bottas
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WASHINGTON (Reuters) – A federal watchdog is reviewing the circumstances surrounding a controversial flight taken by Treasury Secretary Steven Mnuchin and his wife to Kentucky, where he spoke to business leaders and viewed the solar eclipse, according to The Washington Post. A counsel for the Treasury’s Office of Inspector General told the Post in a
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(Reuters) – Samsung Electronics Co Ltd (005930.KS) said on Thursday it has received a permit to test self-driving vehicles in California, marking the entry of the world’s largest smart phone maker four months after iPhone maker and arch rival Apple Inc (AAPL.O) received a permit. Its parent company in May secured permission from South Korean
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WASHINGTON (Reuters) – President Donald Trump is expected to rescind an Obama administration policy that protects from deportation nearly 800,000 immigrants who as children entered the country illegally, setting the stage for a fight with U.S. business leaders and lawmakers over tough immigration policy. A senior administration official told Reuters on Thursday that the plan
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