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Replacing Obamacare will be a slog, not a race

  In the days since the election, Republicans have realized that they are in a tight spot on Obamacare. They seem to be lurching toward a strategy that will make it tighter. Republicans have vowed over and over again to repeal and replace the health-care law, but they do not yet have a detailed plan or the votes to enact ...

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Move over VIX, pain has a new king and his name’s dollar

     Rest in peace, VIX. You’re no longer the fear gauge for global markets. The Bank for International Settlements has found a better barometer to capture the nervousness that starts as a slight reduction in global banks’ leverage, is magnified by European lenders as a dollar squeeze in Asian supply chains, and reverberates around the world as a financial ...

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Lufthansa headed for worst pilot strike on hard-line pay stance

  Bloomberg Deutsche Lufthansa AG refused to give in to pilot demands for a higher wage offer, with their union now set to extend a walkout to Tuesday and Wednesday this week making the current conflict the longest ever protest by cockpit crews at the German airline. Pilots at the mainline Lufthansa brand will strike on short-haul services on Tuesday ...

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