Friday, June 24, 2016

With a British adieu to EU, it's farewell to a Fed rate hike for now and other top stories.

  • With a British adieu to EU, it's farewell to a Fed rate hike for now

    With a British adieu to EU, it's farewell to a Fed rate hike for now
    SAN FRANCISCO The U.S. Federal Reserve, already undecided on when next to raise interest rates, now has one more reason to wait: Britain's vote on Thursday to leave the European Union. Not that the Fed needed another reason. Weaker-than-expected growth in U.S. jobs in recent months had already forced U.S. central bankers to put off a rate hike at their meeting last week.But while data due early next month on June U.S. payrolls growth could help clear up doubts about the strength of the labor m..
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  • European stocks crash after UK vote to leave EU

    European stocks crash after UK vote to leave EU
    A currency trader rubs his eyes at the foreign exchange dealing room in Seoul, South Korea, Friday, June 24, 2016. Asian stock markets were volatile on Friday with Tokyo stocks and U.S. futures plunging as early vote results on whether Britain should stay in the European Union showed a tight race. less A currency trader rubs his eyes at the foreign exchange dealing room in Seoul, South Korea, Friday, June 24, 2016. Asian stock markets were volatile on Friday with Tokyo stocks and U.S. fut..
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  • US banks flex capital muscle in annual stress test

    US banks flex capital muscle in annual stress test
    Big U.S. banks are proving themselves to be stronger and sounder in an annual regulatory stress test, even as the Federal Reserve changes doomsday scenarios to keep them on their toes.On Thursday, the Fed said each of the 33 U.S. banks that underwent its standardized stress test were able to stay above minimum required capital levels in severe economic and market conditions. Banks that participated last year also passed, but their capital levels have largely improved since then.Overall, the 33..
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  • Ryan promises simpler tax code

    Ryan promises simpler tax code
    Ryan promises simpler tax code Andrew Taylor, Associated Press Updated 3:45 am, Friday, June 24, 2016 House Speaker Paul Ryan of Wis. smiles during a news conference on Capitol Hill in Washington, Thursday, June 23, 2016. House Speaker Paul Ryan of Wis. smiles during a news conference on Capitol Hill in Washington, Thursday, June 23, 2016. Photo: Evan Vucci, AP Ryan promises simpler tax co..
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Dream Nashville hotel coming to Printers Alley .Red Sox lose to White Sox in Buchholz's return to rotation .
'Unprecedented' 65 million people displaced by war and persecution in 2015 – UN .Resident Evil 7 Will Feature First Person Combat, Might Have Gun-Play .

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