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Twitter tops earnings projections as turnaround gains steam

Bloomberg Twitter Inc.’s push into live video and more personalised content is finally starting to pay off, boosting revenue and profit more than projected in the first quarter by luring users and advertisers. The shares rose. Sales jumped 21 percent, the most in two years, to $664.9 million, Twitter said on Wednesday in a statement. That surpassed the average analysts’ ...

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Look out, America is going even deeper into debt

How much debt can the US government afford? Nobody knows for sure, but it’s pushing the envelope like never before — or at least more than it has since World War II. In its latest Global Fiscal Monitor report, the International Monetary Fund (IMF) offers an admonishment for the world’s developed nations: Use this period of economic growth to pay ...

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Draghi should put the euro in its place

Rather than looking at what investors expect, perhaps the better question is: What does the European Central Bank (ECB) want to achieve out of its April 26 meeting? Sticking the euro in a box is the answer. Currency stability helps its cause as it manages the delicate balancing act of bringing its QE stimulus packages to a close sometime this ...

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