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WEF: Here's what millennials around the world think about refugees,...

Millennials are often portrayed in a negative light — a vacuous, selfie-obsessed generation of lazy Pokemon Go players.But the generation born after 1980 has serious concerns. They are worried about...

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Oil is getting crushed

Oil prices are diving Monday morning in response to a downbeat note from Morgan Stanley.UK Brent was down 2.83% to $49.44 a barrel as of 1 p.m. BST (8 a.m. ET):Crude oil was down 2.67% to $47.80:The...

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Government 'to do its best' to privatise Rosneft in 2016: Russian Economy...

SHCHETINKA, Russia (Reuters) - Russia's government should do its best to privatise a stake in the nation's largest oil producer Rosneft this year, Russian Economy Minister Alexei Ulyukayev said on...

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10 things in tech you need to know today

Good morning! Here's the tech news you need to know to start your week:1. Lyft reportedly tried to sell itself to Uber and several other companies, but failed. The ride-hailing startup is refusing to...

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BOUTIQUE BLOWOUT: 3 tiny firms will make a killing on a $14 billion pharma deal

Pfizer is buying the cancer drugmaker Medivation for $14 billion, and three small banks helped make it happen.Guggenheim Securities and Centerview Partners advised Pfizer on the deal, while JPMorgan...

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Wall Street set to open lower as oil prices drop

By Yashaswini Swamynathan(Reuters) - Wall Street looked set for a lower open on Monday as oil prices dropped the most in four weeks and dollar strengthened on bets of an interest rate hike in the...

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Ex-Comverse CEO to return to U.S., plead guilty: lawyer

(Reuters) - The former Comverse Technology Inc chief executive officer who authorities say fled to Africa a decade ago to avoid prosecution in a stock options scandal will return to the United States...

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The next big consensus view in economics has arrived

It's official: Calling for more government spending is a mainstream consensus view.For years following the financial crisis, policymakers around the world sought to follow the post-crisis response...

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World's largest indoor theme park to open in Dubai

By Noah BrowningDUBAI (Reuters) - The world's largest indoor theme park is set to open in Dubai this month to lure back some of the tourists and residents who often flee abroad during the scorching...

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Rio's 29th sport: building the perfect corporate 'dream house'

By Liana B. BakerRIO DE JANEIRO (Reuters) - As the athletes strived for gold, the world's biggest companies engaged in their own sport during the Rio Olympics - outglamming each other with spectacular...

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These 2 charts show why your train commute in Britain is hell

Train journeys in the UK have sky-rocketed since the early 1990s while investment has failed to keep pace, explaining why commuting on the train can be such an over-crowded, horrible experience.Two...

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RBS to relive unpleasant memories as investor lawsuit looms

By Andrew MacAskill and Sinead CruiseLONDON (Reuters) - At an English country mansion last month, lawyers for Royal Bank of Scotland (RBS) sat down with representatives of angry shareholders to broker...

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Why the new 'Ben-Hur' is the biggest box-office flop of the whole summer

There was a time when Hollywood would put all of its chips on the epic movies set in ancient Egypt or the Roman Empire to bring home huge box-office dollars.But it looks like that time is over. The...

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The first jobs of 12 dictators

Dictators are remembered as larger-than-life political and military rulers.From teachers to artists, here's what 13 despots did before they came to power.Editor's Note: The original list included Jozef...

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For the first time ever, a county in America has lost all of its Obamacare...

Pinal County, Arizona is situated right next to Phoenix, was founded in 1875, and is home to roughly 400,000 people.It's also the county that Obamacare forgot.After Aetna's announcement that it will be...

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These 2 classic cars made history at Pebble Beach this weekend

Two separate sales records were set at the Pebble Beach auctions this weekend, and they were definitely worth it for these cars.The very first Shelby Cobra ever made broke the record for the most...

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This is the only right way to eat tacos

I love tacos, but I'm also a horrible taco snob. I only like mine served off a truck in a parking lot in Los Angeles. I want them to be small, tasty, and very, very cheap. I spent the better part of a...

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New home sales surge to the best level since 2007 (XHB, ITB)

New home sales jumped 12.4% in July to a seasonally adjusted annual rate of 654,000 in July, according to the Census Bureau.It was the strongest print since October 2007.Economists had forecast that...

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The US has a $1.4 trillion hole that needs to be filled

We're not going to stop talking about it: everybody wants more government spending. Hillary Clinton wants it. Donald Trump wants it. Wall Street wants it. And now economists want it. Over the weekend,...

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U.S. new home sales race to near nine-year high in July

WASHINGTON, Aug 23 - New U.S. single-family home sales unexpectedly rose in July, reaching their highest level in nearly nine years as demand increased broadly, brightening thehousing market...

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