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China slams surprise U.S. trade announcement, says ready to fight

SHANGHAI/BEIJING (Reuters) – China on Wednesday lashed out at Washington’s unexpected statement that it will press ahead with tariffs and restrictions on investments by Chinese companies, saying Beijing was ready to fight back if Washington was looking to ignite a trade war. The United States said on Tuesday that it still held the threat of imposing tariffs on $50 billion of imports from China and would use it unless Beijing addressed the issue of theft of American intellectual property. …read more […]

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Nintendo just announced 3 new Pokémon games for the Switch — and one is out right now for free

Nintendo announced three new Pokémon games for the Nintendo Switch on Tuesday evening, and one is available right now. “Pokémon Quest” is a “free-to-start” game that’s available now on the Switch — it’s a spin-off of the standard Pokémon games. …read more […]

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AP sources: US to impose limits on some Chinese visas

The Trump administration plans to shorten the length of validity for some visas issued to Chinese citizens, the State Department said Tuesday, as President Donald Trump works to counter alleged theft of U.S. intellectual property by Beijing. The State Department said that under the new policy, U.S. consular officers may limit how long visas are valid, rather than the usual practice of issuing them for the maximum possible length. The State Department did not provide specifics. …read more […]

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Missouri governor resigns amid widening investigations

Missouri Gov. Eric Greitens, a sometimes brash political outsider whose unconventional resume as a Rhodes scholar and Navy SEAL officer made him a rising star in Republican politics, abruptly resigned Tuesday amid a widening investigation that arose from an affair with his former hairdresser. Greitens said his resignation would take effect Friday. Lawmakers pressuring Greitens to step down included many Republicans, who feared that his troubles could jeopardize the party’s chances of defeating incumbent Democrat Sen. Claire McCaskill in a state won handily by President Donald Trump. …read more […]

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U.S. to continue trade actions against China -White House

The United States said on Tuesday that it still holds the threat of imposing tariffs on $50 billion of imports from China and will use it unless Beijing addresses the issue of theft of American intellectual property. Washington will also press ahead with restrictions on investment by Chinese companies in the United States as well as export controls for goods exported to China, the statement from the White House said. The announcement on Tuesday restated comments by administration officials that both the tariffs and the restrictions remained in place even after the United States and China sketched out …read more […]

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The Unintended Consequence of Letting Workers Take Social Security at Age 62

With the Social Security system facing insolvency by 2034, one option to address the program’s fiscal shortfall is to raise the early retirement age of 62. While little is known about the effects this would have on the financial well-being of beneficiaries, a paper released this month by the National Bureau of Economic Research sheds some light on the dynamics involved. The Social Security Act of 1933 set the minimum age for claiming full retirements at 65, but Congress passed an amendment in 1983 that raised that age to 67, with the increase phased in over a 22-year …read more […]

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3 Strong Buy Stocks from an Impressive Industry

As many investors know, there is an age-old saying that 50% of a stock’s price movement is the result of its group. For individuals who stick true to the aforementioned belief, we will highlight three of the strongest and most promising stocks within the Semiconductor industry, in hopes of guiding investors to a stock that holds its own merit, while being carried by the merit of the stocks surrounding it. …read more […]