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Daily News

Below please find daily updates pertaining to the latest in financial, business, and tax news:

Wall Street Journal

Barrick, Randgold to Create Gold-Mining Giant With $18.3 Billion Merger

Mon, Sep 24, 2018

Barrick Gold agreed to buy Randgold Resources in an all-share merger that will create the world’s largest gold company worth $18 billion, with a dominant position in Africa. ...

Companies Buy Earnings Gains by Buying Back Stock

Mon, Sep 24, 2018

Companies’ record stock repurchases this year are causing profits to appear stronger and fueling the stock market’s record run....

Comcast's Next Test on Sky: Convincing Investors

Mon, Sep 24, 2018

Having secured control of European pay-TV giant Sky PLC, Comcast now must persuade investors that it didn’t overpay and that the deal will accelerate its growth....

French Retailer Carrefour Denies Takeover Talks With Rival Casino

Mon, Sep 24, 2018

French grocer Carrefour denied claims from rival Casino Guichard-Perrachon that it had approached its smaller competitor about a possible merger to create one of the world’s largest retail giants....

Struggling U.S. Farmers Have a New Worry: A Resurgent Russia

Mon, Sep 24, 2018

Russian wheat exports are booming despite a crushing price slump, as the country’s farmers finally emerge from decades of neglect. They’re positioned to extend their gains at the expense of American outfits, who are threatened by tariffs....

Policy Makers Rethink a 2% Inflation Target

Mon, Sep 24, 2018

That number has long been the Holy Grail for central banks. The big debate now: What’s a better target?...

Low Unemployment, Slow Wage Growth Bring Renewed Labor Strife

Sun, Sep 23, 2018

The humming economy is bringing more labor strife. In recent weeks, unionized hotel housekeepers in Chicago, distillery workers in Kentucky and crane operators in Seattle have all walked off the job to pressure employers for better pay and benefits....

Trade Tensions Spell Trouble for Eurozone Economy

Sun, Sep 23, 2018

The eurozone’s economy continued its slow-motion slowdown in September, as exports suffered from a drop off in global demand and uncertainty about future trade relations between the U.S. and other countries....

Turkey's Economic Woes Raise Tensions in Egypt

Fri, Sep 21, 2018

Turkey’s economic crisis has heightened concerns in Egypt about whether the Arab world’s largest country is positioned to withstand falling confidence in emerging markets world-wide....

Oil Producers Debate Best Way to Contain Crude Prices

Mon, Sep 24, 2018

OPEC producers largely agree that oil prices above $80 a barrel would be too high. But there is widespread disagreement on how the cartel and its allies should contain crude prices once U.S. sanctions banning Iranian oil sales take effect in November....