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US Treasury Secretary Mnuchin watching Chinese yuan weakness for manipulation

The United States is monitoring the recent weakness in China’s yuan currency and will review whether the currency has been manipulated, Treasury Secretary Steven Mnuchin told Reuters on Friday. 

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Lebanese farmer: Growing cannabis should be legal

Lebanon is considering legalising cannabis. A farmer explains why this could “benefit everyone”.

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Earnings deluge expected and data should show best growth in four years

Earnings are expected from a third of S&P 500 companies in the week ahead, and there will also be an important report card on the economy, with second-quarter GDP expected to be the strongest in four years.

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Mortgage misery

Excessive lending before the Financial Crisis has left many homeowners at risk of having their homes repossessed

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Six ways China could retaliate in a trade war

With the US President suggesting tariffs could hit $500bn of goods, China could retaliate in several ways.

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How Microsoft could become a $1 trillion company

As commercial cloud services become a bigger part of Microsoft’s business, analysts feel confident about the company’s prospects.

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Russia releases videos hyping its new hypersonic weapons just days after Putin and Trump meet

The weapons displayed in the videos are a significant addition to the Kremlin’s arsenal, which already has more nuclear weapons than other countries, according to estimates.

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Trade war risks becoming a dangerous currency war as China weakens yuan the most in 2 years

On the surface, the tit-for-tat trade war between the U.S. and China appears to be turning into a currency war.

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Landlords in legal challenge to House of Fraser rescue

In a legal challenge landlords say they have been unfairly treated in the rescue deal for House of Fraser.

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Dick Bove: Trump poised to take control of the Federal Reserve

President Donald Trump has multiple reasons as to why he should take control of the Federal Reserve. He will do so both because he can and because his broader policies argue that he should do so.