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Trump, Powell agree on monetary policy

Although President Donald Trump and Federal Reserve Chairman Jerome Powell have been at odds on Twitter and in official statements, the two share remarkably similar views about the economy and what needs to be done to improve it. The trick for the chairman will be to carry out monetary policy without appearing to cave to the president — and the ...

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Amazon throws spaghetti at the grocery wall

Amazon.com Inc. loves to tinker and test. Sometimes projects that seemed like mindless fiddling — the Kindle e-reader, the Prime shopping club, its Amazon Web Services cloud-computing operation — turned out to be important advances for the company, its customers and the technology industry. Despite that history, I have to ask: Does Amazon know what it’s doing in groceries? When ...

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Italy stuck with Alitalia as Lufthansa, Atlantia balk

Bloomberg Italy risked failure in its latest attempt to bail out bankrupt airline Alitalia, after two companies involved in the rescue got cold feet, raising the prospect of at least a temporary nationalisation of the carrier. State rail operator Ferrovie dello Stato Italiane SpA (FS) said that conditions aren’t in place to form a group to save the airline from ...

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