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US-sanctions-072617.jpg The House of Representatives has overwhelmingly approved legislation to impose fresh sanctions against Russia, Iran and North Korea. The Russia, Iran, and North Korea sanctions bill was passed with 419 votes in favor and just 3 votes against. The bill, which is likely to irk the Kremlin and complicate...

Trump-Gary-Janet-072617.jpg Gary Cohn, a top White House economic adviser, is on President Donald Trump's short list of candidates to be the next head of the Federal Reserve. This was confirmed by Trump himself. Current Federal Reserve Chairman Janet Yellen's term ends in February next year. Trump could also decide to reappoint Yellen to another four-year term.

Mccain-Pence-072617.jpg The US Senate has started debating President Donald Trump's top legislative priority to repeal and replace Obamacare with a Republican health care plan. Tuesday, the Senate agreed to allow the debate on health care legislation reform to go forward with the help of Vice President Mike Pence's tie-breaking...

UKGDP-072617.jpg The UK economy expanded in the second quarter on services output, but the pace of overall growth remained weak, preliminary data published by the Office for National Statistics showed Wednesday. Gross domestic product climbed 0.3 percent sequentially, slightly faster than the 0.2 percent expansion seen in the first three months of the year.

Boeing-072617.jpg Aerospace and defense giant Boeing Co. on Wednesday reported a turnaround to profit in the second quarter as lower revenues were more than offset by a decline in costs and expenses. Adjusted earnings per share beat analysts' expectations, while revenues missed their estimates. Looking ahead to fiscal 2017, the company raised its outlook for earnings.

Ford-072617.jpg Ford Motor Company (F) reported second-quarter adjusted EPS of $0.56, up $0.04 year over year. On average, 21 analysts polled by Thomson Reuters expected the company to report profit per share of $0.43 for the quarter. Analysts' estimates typically exclude special items. However, adjusted pre-tax profit...

WallST-072617.jpg Trading in the U.S. index futures suggest that Wall Street stocks may open Wednesday's session higher and the FOMC announcement in the afternoon is likely to have a greater say on the market movement. The Fed funds is expected to hold the rate at 1.00 to 1.25 percent range. Asian shares closed mostly higher, while European shares are trading up.

marketrise-072617.jpg European stocks rose on Wednesday, with higher commodity prices, solid GDP data from the U.K. and a slew of encouraging earnings updates buoying investor sentiment ahead of the Fed's interest-rate decision later in the day. The Fed is widely expected to leave interest rates unchanged, but investors...

Daimler-072617.jpg German automaker Daimler AG reported Wednesday a slight increase in second-quarter net profit, while EBIT, a key earnings metric, climbed on higher unit sales. Looking ahead, the company said it projects significant growth in Group EBIT, revenues and unit sales in the year 2017.

Pharma-072617.jpg Today's Daily Dose brings you news about BioTime's progress in dry-AMD trial; Exact Sciences' stellar Q2 results; Incyte's delay in re-submitting Baricitinib NDA; Tetraphase's positive phase III trial results of intravenous Eravacycline in complicated intra-abdominal infections and Neuralstem's disappointing results from major depressive disorder trial.

marketflat-072617.jpg European stocks are likely to open on a cautious note on Wednesday as investors await the outcome of a Federal Reserve meeting later in the day for clues on whether the U.S. central bank will raise interest rates again this year. Asian stocks are trading mostly higher and the dollar extended an overnight...

Pharma-072517.jpg Here's why FLKS soared today while PCRX tanked.

snopes-072417.jpg Fact-checking site Snopes is seeking financial help from readers as its very close to "closing its doors." Snopes was founded in 1994 by Barbara and David Mikkelson and since then it has become one of the most popular fact-checking websites. "So, for the first time in our history, we are turning...

At-t-Earnings-072517.jpg AT&T Inc. (T) Tuesday reported a second-quarter profit that increased from a year ago, reflecting increased subscriptions. Earnings for the quarter trumped Wall Street estimates. Dallas, Texas-based telecom giant's second-quarter profit rose to $3.92 billion or $0.63 per share from $3.41 billion or...

wallstreet1-121214_25Jul17.jpg After showing a lack of direction early in the session, stocks moved mostly higher over the course of the trading day on Tuesday. With the upward move on the day, the Nasdaq and the S&P 500 reached new record closing highs. While the Nasdaq inched up 1.37 points or less than a tenth of a percent to...

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