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U.S. chipmakers may give clues on China hazard

SAN FRANCISCO (Reuters) – Intel Corp (INTC.O) operates mostly outside the Apple-sphere, and that is exactly why whatever it says next week about business in its vital Chinese market matters so much for investors. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S.,…

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Testing times from Beijing to Wall Street

FRANKFURT (Reuters) – If you were surprised by this month’s bounce in global stock markets, next week may tell you if you should join in or stay out. FILE PHOTO: A man sits in front of an electronic board showing stock information at a brokerage house in Hangzhou, Zhejiang province, China December…

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PBGC steps in to oversee Sears’ two pension plans

FILE PHOTO: A store closing sale sign is posted next to a Sears logo in New Hyde Park, New York, U.S., October 10, 2018. REUTERS/Shannon Stapleton (Reuters) – Pension Benefit Guaranty Corp (PBGC) is taking steps to assume responsibility for bankrupt retailer Sears Holdings Corp’s (SHLDQ.PK) two pension plans, covering about 90,000…

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Citi says female employees earn 29 percent less than men

(This Jan. 16 story corrects to include gender pay gap at Citi when accounting for similar positions and geographies) FILE PHOTO: The Citigroup Inc (Citi) logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. Picture taken October 19, 2017. REUTERS/Chris Helgren (Reuters) – Citigroup’s…

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Wall Street rally builds on trade optimism

(Reuters) – Technology and industrial stocks powered Wall Street’s rise on Friday, setting the three main indexes on track for their fourth week of gains, amid growing optimism that the United States and China would resolve their bitter trade dispute. FILE PHOTO: Traders work on the floor of the New York Stock…

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