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Cars may get a lot more expensive

Cars are about to get a lot more expensive. Manufacturers and drivers should brace themselves. The price of everything that goes into a vehicle is going up. Raw materials — from the steel used for bodies, gear parts and frames to the plastic that winds up in bumpers and doors trims — account for a big portion of manufacturing costs. ...

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Will cryptocurrencies volatility continue?

With the volatility of cryptocurrencies likely to persist — Bitcoin alone traded in a $30,000-to-$44,000 range last week — more people are wondering whether this will spell trouble for other financial assets such as stocks and bonds. The answer to this “crypto contagion” question, if considered narrowly, is no. It gets more complicated, however, in the broader market context, particularly ...

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How to combat money laundering in Europe

Good luck finding a major bank in Europe that hasn’t breached money laundering regulations. In Denmark, the two largest banks, Danske Bank and Nordea, are both currently subject to criminal investigations. BNP Paribas received the highest-ever fine in 2014, when it settled with US authorities and had to pay $9 billion for sanctions violations. Many others — from HSBC and ...

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