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Scandal clouds Abe’s chance of changing constitution

Bloomberg Japanese Prime Minister Shinzo Abe reiterated his apology on Sunday for a cronyism scandal as opposition lawmakers warned it would hamper his ambitions of changing the country’s pacifist constitution. Public anger over the revelation that Finance Ministry officials doctored documents relating to the discounted sale of public land to a school operator with connections to Abe’s wife sent his ...

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Could this Trump nominee interfere with Mueller?

Here’s a new twist in the Robert Mueller saga: A former top Senate staffer for Attorney General Jeff Sessions is nearing confirmation to head the Justice Department’s Criminal Division. Should his appointment worry people who want to protect the special counsel’s independence? As with any issue involving Mueller and the Trump White House, the answer reflects the supercharged atmosphere surrounding ...

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Stocks need ‘GDP growth’ to prosper

Forecasting the long-run return on equities is one of the key challenges in financial planning. Jeremy Siegel, the author of “Stocks for the Long Run,” wrote that he had examined 210 years of stock returns and found that “the real return on a broadly diversified portfolio of stocks has averaged 6.6 percent per year.” Public pension funds make similar assumptions. ...

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