• Federal Reserve raises interest rates, signals fewer hikes ahead
Federal Reserve raises interest rates, signals fewer hikes ahead

The technology-heavy Nasdaq composite is down 19.5 percent from its record high in August. The market swoon is coming even as the US economy is on track to expand this year at the fastest pace in 13 years. The Dow lost 464 points, or 2 per cent, to 22,859. The S&P 500 index lost 14 points, or 0.6 per cent, to 2,491. More ominously, the worl...

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  • Nissan's ousted chairman Carlos Ghosn re-arrested
Nissan's ousted chairman Carlos Ghosn re-arrested

Ghosn, 64, and Kelly, 62, who have been indicted on charges of violating the Financial Instruments and Exchange Law, have been detained since their initial arrest on November 19 on suspicion of under-reporting Ghosn's annual remuneration over the five-year period between fiscal 2010 and 2014.

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  • Deal With AB InBev Gives Tilray Stock a Pop
Deal With AB InBev Gives Tilray Stock a Pop

Anheuser-Busch InBev and Tilray Inc. said each would invest $50 million in the project to study non-alcoholic drinks containing cannabidiol, or CBD, which some claim has calming and healing effects, and Tetrahydrocannabinol, or THC, the cannabis compound known for its psychoactive effects.

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  • Three more suspects arrested for the murder of two hikers
Three more suspects arrested for the murder of two hikers

It comes after the arrest of a man in Marrakech who prosecutors described as a member of a militant group - with links to the so-called Islamic State. Moroccan media outlets reported that investigators had video surveillance footage showing three suspects putting up a tent near the victims' tent and leaving the area after the slaying.

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  • 'Artistically Designed Steel Slats': Trump Says Border Wall Will Be 'Beautiful'
'Artistically Designed Steel Slats': Trump Says Border Wall Will Be 'Beautiful'

White House counselor KellyAnne Conway, asked Wednesday whether the president would consider such a measure, said , "He'll take a look at that, certainly". "The wall isn't about money". "We want smart, effective border security", Schumer said. Pelosi will probably be able to quickly win approval of a longer-term measure to keep government ru...

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  • Triple-amputee vet crowdfunds for border wall
Triple-amputee vet crowdfunds for border wall

Brian Kolfage , a triple amputee who served in Iraq, created the fundraising page on Sunday. "Too many Americans have been murdered by illegal aliens and too many illegals are taking advantage of the United States taxpayers with no means of ever contributing to our society", wrote Kolfage on the GoFundMe page.

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  • Elon Musk unveils underground tunnel in LA to help combat traffic
Elon Musk unveils underground tunnel in LA to help combat traffic

CNN Business , which was present at the opening event, said trial tests had the vehicle moving at speeds of 35 miles per hour in the 1.14-mile long tunnel, but the concept worked. But Musk still seems incredibly optimistic about this project, stating that his first ride through the tunnel was "epic", and proved to the billionaire that "this thing...

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  • Canada ranks 16th on World Economic Forum's annual gender gap list
Canada ranks 16th on World Economic Forum's annual gender gap list

With women on the positions of the prime minister, the leader of the opposition in parliament, and the speaker, Bangladesh is the fifth most gender equal country in the world in terms of political empowerment with 0.526 points. United States of America ranked 51st globally, while the UK was 15th. "In general, the East Asia and the Pacific regio...

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  • Dow Jones Industrial takes second straight 2% plunge
Dow Jones Industrial takes second straight 2% plunge

The next two or three weeks are historically a happy time for shareholders - dubbed the Santa Claus Rally - as traders finish out one year and reach for optimism to start the next. Boeing raised its quarterly dividend and said it will buy back another $20 billion of its own stock. J&J shares ended 2.9 percent lower. Declining issues outnumbered a...

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  • No one can 'dictate' China: Xi Jinping
No one can 'dictate' China: Xi Jinping

China's development provides successful experience and offers bright prospects for other developing countries as they strive for modernization, and it represents China's great contribution to the progress of human civilization, Xi said. Some hope the pressure from the West will push Xi to speed up restructuring of the economy, details on which were...

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  • Gatwick Airport: Drone sightings halt flights
Gatwick Airport: Drone sightings halt flights

The second-busiest airport in the United Kingdom has had to divert flights to Stansted, Luton and Heathrow. "Our airlines are working to provide affected passengers with hotel accommodation or transport passengers landing at other airports to Gatwick by other means, and Gatwick staff are looking after passengers in our terminals", the airport s...

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  • Facebook Gave Microsoft, Amazon, Netflix Unrestricted Access To User Data
Facebook Gave Microsoft, Amazon, Netflix Unrestricted Access To User Data

The New York Times obtained documents generated by Facebook in 2017 that were meant to track partnerships. 'Facebook's partners don't get to ignore people's privacy settings, and it's wrong to suggest that they do, ' said Steve Satterfield , director of privacy and public policy at Facebook.

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  • 3rd Canadian arrest in China, but Trudeau isn't certain they're related
3rd Canadian arrest in China, but Trudeau isn't certain they're related

Earlier, foreign ministry spokeswoman Maegan Graveline said the government was "aware" of another Canadian citizen being detained in China , without providing further details. She is accused of misleading multinational banks about Huawei's control of a company operating in Iran, putting the banks at risk of violating U.S. sanctions and incurring...

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  • 3rd Canadian detained in China
3rd Canadian detained in China

USA prosecutors accuse Ms Meng of misleading multinational banks about Iran-linked transactions, putting the banks at risk of violating U.S. sanctions. Global Affairs Canada said John McCallum, Canada's ambassador to China, met with Kovrig on Friday and Spavor on Sunday. Canadian businessman Michael Spavor arrives at Beijing Capital International...

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  • Facebook reportedly gave tech giants access to users' private messages
Facebook reportedly gave tech giants access to users' private messages

The Times interviewed over 60 people , including "former employees of Facebook and its partners, former government officials and privacy advocates" to gather the information. The NYT notes that unlike Europe, where tech firms have to abide by strict privacy regulations, U.S. law leaves them free to monetize personal data as long as they don't...

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  • Elon Musk unveils underground tunnel in Los Angeles
Elon Musk unveils underground tunnel in Los Angeles

Musk arrived at Tuesday night's event in a Tesla vehicle so equipped, emerging from the auto at one end of the tunnel - bathed in green and blue interior lights - as he was cheered by a small, enthusiastic crowd gathered for the presentation.

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  • Florida Man Tries To Pay For Fast Food With Bag Of Weed
Florida Man Tries To Pay For Fast Food With Bag Of Weed

Lucie Police Department says Anthony Andrew Gallagher's barter request was denied by the employee and he drove off. Not much later, the suspect went through the drive-thru again. Police searched Gallagher's auto - which had a surf board sticking out the rear window - and found more marijuana in the center console. He, however, was still arrested ...

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  • Xi Jinping says no one should 'dictate' to China amid tensions
Xi Jinping says no one should 'dictate' to China amid tensions

Chinese President Xi Jinping called on Tuesday for the unswerving implementation of reforms on Beijing's terms, saying no one could boss it around, but offered no new measures in a speech marking 40 years of market liberalization. Short said attention would now focus on the Central Economic Work Conference expected later this week for clues on po...

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  • Don't steal from anyone this Christmas (or ever), especially a NASA engineer
Don't steal from anyone this Christmas (or ever), especially a NASA engineer

So when someone stole a package from his front porch, he spent the next six months devising the ideal plan to stop it from happening again. He created a package that would, when opened, cover the thief with glitter and spray a foul-smelling "fart spray" until the thief tossed the package.

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  • Trump advises Fed not to consider interest rate hike
Trump advises Fed not to consider interest rate hike

Interest rate increases are meant to check inflation, but they can also slow the economy, adding another challenge to Trump's efforts to deliver on his promises of booming growth. In fact, were policy makers to follow through with their widely expected hike Wednesday, it would be the first time since 1994 they tightened in this brutal a market.

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