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Tech group backs privacy bill that preempts tougher laws

Bloomberg A new privacy bill proposed by Senator Marco Rubio, which would override more restrictive state laws, is winning support from a Washington-based technology trade group that counts Alphabet Inc.’s Google, Facebook Inc. and eBay Inc. as members. The Florida Republican’s legislation would impose a national privacy standard and supersede tougher data-protection regulations that will take effect in California in ...

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Where does Trump’s economy rank in US?

Stock and bond markets are flashing warning signs of a US recession just over the horizon, and President Donald Trump is having none of it: Investors may be gloomy about the vanishing gap between short- and long-term US Treasury yields, the dreaded yield-curve inversion that tends to forecast recessions, but the president is focusing on the bright side. The US ...

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Italy starts handing out free money

Italy’s Five Star Movement has risen to global prominence more for the colorful oddness of its founder, the comedian Beppe Grillo, than for the seriousness of its populist policies. But one of its proposals has attracted genuine interest from across the world: The idea of a “citizens’ income.” This concept could in theory appeal to both the left and the ...

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