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Trump’s travel ban reaches high court amid claims of Muslim bias

Bloomberg The US Supreme Court will directly confront President Donald Trump’s travel ban for the first time with arguments being made in a case that could redefine the president’s power to control the nation’s borders. Four months after letting the ban take full effect during the litigation, the justices were expected to weigh opponents’ contentions that the policy unconstitutionally singles ...

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Stocks turn mixed as optimism ‘hijacked’ by rates; dollar rises

Bloomberg US stocks pared losses as investors mulled the impact of rising US bond yields and disappointing earnings. The dollar resumed its rally, climbing to the highest in three months. “The sharp sell-off in rates has hijacked market sentiment,” Mark McCormick, the North American head of foreign-exchange strategy at Toronto-Dominion Bank, wrote in a note to clients. “The 3% level ...

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Metal markets regain strength as aluminum supply becomes steady

Bloomberg After three weeks of intense volatility, metal markets seem to be calming down. Aluminum steadied after a four-day selloff that accelerated after the US decision to ease sanctions against United Co. Rusal. Nickel advanced as the Philippines moved forward with a plan to limit the area of land miners are permitted to exploit. Most other metals were little changed. ...

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