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Strong USA, weak world picture challenges Fed

Washington / AFP Federal Reserve policymakers will hold their finger away from the rate-hike trigger when they meet next week, analysts say, but chances are it could move a bit closer. Meeting after the European Central Bank cut interest rates on Thursday in the face of weakening eurozone economic growth and inflation, the Fed is expected to heed caution even ...

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Maserati recalls sedans on risk of speed bursts from loose mats

Bloomberg Maserati North America Inc. is recalling some of its Quattroporte and Ghibli luxury sedans because of danger posed by the driver-side floor mat, which can become dislodged and stuck in the accelerator. “If the floor mat moves and becomes trapped between the accelerator and the vehicle carpet, it may result in very high vehicle speeds, which could cause a ...

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Clinton seeks rust belt rebound, calls for tougher automaker ‘rules of origin’

Bloomberg Democratic presidential candidate Hillary Clinton proposed to make it harder for foreign automakers to claim that their cars are made in the U.S., as she tries to recruit Rust Belt voters following a surprise defeat in Michigan. At a campaign stop in Youngstown, Ohio, Clinton called for tougher “rules of origin,” the means used to determine whether a product ...

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