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House Democrats to introduce resolution to stop Trump's emergency declaration

Reuters News - February 20, 2019 - 5:13pm
Democrats in the U.S. House of Representatives plan to introduce a resolution on Friday to end President Donald Trump's national emergency declaration on border security, according to aides to Representative Joaquin Castro.
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Global stocks rise on U.S.-China trade hopes; oil up again

Reuters News - February 20, 2019 - 5:09pm
An index of stocks across the globe hit a more than four-month high on Wednesday on hopes for progress in trade talks between the United States and China, and a supportive backdrop from major central banks also helped push risk assets higher.
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Trump-California rift widens as auto emissions talks fail

Reuters News - February 20, 2019 - 4:57pm
U.S. federal officials have decided to end negotiations with California over the Trump administration's plans to roll back fuel economy rules designed to reduce greenhouse gas emissions, a government official said on Wednesday.
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Wall Street ends up slightly as Fed minutes support cautious stance

Reuters News - February 20, 2019 - 4:44pm
U.S. stocks ended higher on Wednesday after minutes from the Federal Reserve's last meeting reaffirmed for investors that the U.S. central bank would be "patient" with respect to further interest rate hikes.
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'Time of the essence,' says May on latest Brussels shuttle

Reuters News - February 20, 2019 - 4:37pm
British Prime Minister Theresa May held "constructive" talks in Brussels on Wednesday as she sought concessions on Brexit from a skeptical European Union, her strategy under strain after the defection of three lawmakers.
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Constitution's 'excessive fines' ban bolstered by U.S. high court

Reuters News - February 20, 2019 - 4:27pm
In a decision that may curb the rise of financial penalties and property seizures in the U.S. criminal justice system, the Supreme Court on Wednesday for the first time ruled that the U.S. Constitution's ban on "excess fines" applies to states as well as the federal government.
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Fed flags end to balance sheet runoff, patience on rates

Reuters News - February 20, 2019 - 4:19pm
The Federal Reserve on Wednesday signaled they will soon lay out a plan to stop letting go of $4 trillion in bonds and other assets, but policymakers are still debating how long their newly adopted "patient" stance on U.S. rates policy will last.
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Wall St. ends higher after Fed minutes

Reuters News - February 20, 2019 - 4:10pm
U.S. stocks ended higher on Wednesday as the release of the Federal Reserve's minutes from its January meeting showed policymakers thought pausing on U.S. interest rate hikes posed little risk.
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'Time of the essence' say May on latest Brussels shuttle

Reuters News - February 20, 2019 - 4:06pm
British Prime Minister Theresa May held "constructive" talks in Brussels on Wednesday as she sought concessions on Brexit from a skeptical European Union, her strategy under strain after the defection of three lawmakers.
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In U.S., pope's summit on sex abuse seen as too little, too late

Reuters News - February 20, 2019 - 4:04pm
In the study of his home outside Washington, former priest Tom Doyle searched a shelf packed with books to find the thick report that led him to walk away from the priesthood and become an advocate for victims of sexual abuse by clergymen.
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Trump team to scrap talks with California on auto emissions: official

Reuters News - February 20, 2019 - 3:57pm
U.S. federal officials have decided to end negotiations with California over the Trump administration's plans to roll back fuel economy rules designed to reduce greenhouse gas emissions, a government official said on Wednesday.
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Asia push, Wall Street support lift stocks; oil rises

Reuters News - February 20, 2019 - 3:47pm
World stocks rose on Wednesday, hitting a four-month high on hopes for progress in trade talks between the United States and China, and a supportive backdrop from major central banks also helped push risk assets higher.
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CVS profit miss, rebate questions send shares tumbling 8 percent

Reuters News - February 20, 2019 - 3:24pm
CVS Health Corp on Wednesday forecast 2019 profit well below Wall Street estimates due to weakness in its pharmacy business that serves long-term care facilities and slower than anticipated growth in drug prices, sending shares down 8 percent.
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Samsung unveils foldable smartphone

BBC News - February 20, 2019 - 3:13pm
The "luxury" foldable-screened phone can run up to three apps at once when opened up into tablet mode.
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Snow, sleet threaten U.S. East Coast, hinder hundreds of flights

Reuters News - February 20, 2019 - 3:12pm
A winter storm bore down on the U.S. East Coast on Wednesday, threatening to snarl New York City's evening commute after hindering air travel along the East Coast and prompting the shutdown of federal offices in Washington.
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UK's May holds 'constructive' Brexit talks with wary EU

Reuters News - February 20, 2019 - 3:11pm
British Prime Minister Theresa May said she held "constructive" talks in Brussels on Wednesday as she sought concessions on Brexit from a skeptical European Union, her strategy further battered by the defection of three lawmakers.
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Fed minutes leave questions on balance sheet, patience

Reuters News - February 20, 2019 - 3:08pm
Federal Reserve policymakers on Wednesday gave little sense of how long their "patient" stance on U.S. interest rate policy would last, and while promising "before too long" a plan for their $4 trillion balance sheet, left unclear what that plan would entail.
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January FOMC minutes: Little risk in pause

Reuters News - February 20, 2019 - 3:08pm
Federal Reserve policymakers thought pausing on U.S. interest rate hikes last month posed little risk and plenty of benefit, minutes from their Jan. 29-30 meeting showed, giving them time to assess the effects of a global slowdown and the Fed's rate hikes to date on U.S. economic momentum.
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Wall Street trades lower after Fed minutes

Reuters News - February 20, 2019 - 2:32pm
U.S. stocks turned lower in volatile trade on Wednesday after the release of the Federal Reserve's minutes from its January meeting, when the U.S. central bank said it would be "patient" with respect to further interest rate hikes.
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Trump 'fear-mongering' fuels rise of U.S. hate groups to record: watchdog

Reuters News - February 20, 2019 - 2:24pm
The number of hate groups operating in the United States rose 7 percent to an all-time high last year, the Southern Poverty Law Center said on Wednesday, attributing the increase largely to anti-immigrant rhetoric from President Donald Trump.
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