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Mexico no longer top US corn-buyer after trade tensions

Bloomberg Mexico is no longer the biggest buyer of corn from the US, a sign that trade tensions are pushing American grain toward other markets while its southern neighbor lines up new suppliers. Sales to Mexico through May were $1.04 billion, down 6.7 percent from a year earlier, the US Department of Agriculture said in a monthly update. That contrasts ...

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Fines for fuel economy shortfalls under review by US

Bloomberg The Trump administration is considering easing steeper fines proposed by Obama-era regulators for automakers that don’t meet tougher fuel economy standards, a move that would give a break largely to luxury brands like Jaguar, BMW and Porsche that have paid the highest penalties in the past. The National Highway Traffic Safety Administration said in a regulatory filing it will ...

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Manhattan home sales surge as price discounts draw in buyers

Bloomberg Manhattan homebuyers found deals they couldn’t refuse in the second quarter, driving up sales of previously owned properties by the most in more than two years. Purchases of resale homes jumped 16 percent from a year earlier to 2,597, according to a report by appraiser Miller Samuel Inc. and brokerage Douglas Elliman Real Estate. Buyer interest was fueled by ...

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