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Another strong gain in leading indicators points to U.S. economy picking up speed

A broad measure of U.S. economy posted another large increase in August, the latest in a string of strong readings that point to faster growth in the months ahead.

10:48 p.m. Sept. 21, 2017
Mnuchin says companies working with North Korea are ‘on notice’

Treasury Secretary Steven Mnuchin on Thursday said financial companies around the world “are now on notice” about doing business with North Korea.​

5:07 p.m. Sept. 21, 2017
U.S. may drop federal oversight of AIG: WSJ

The Federal Stability Oversight Council may decide to remove federal oversight of American International Group as early as Friday, The Wall Street Journal reported, citing people familiar the the matter. The outcome of whether AIG will continue to be considered a systemically important financial institution -- which subjects the insurer to Federal Reserve oversight -- isn't certain, the report said. Shares of AIG, which was bailed out by the federal government during the financial crisis, edged higher in after-hours trade.

5:03 p.m. Sept. 21, 2017
Trump Today: President slaps new sanctions on North Korea, says Erdogan is ‘getting high marks’

President Donald Trump hit North Korea with new sanctions on Thursday as he spent a final day at the United Nations, and called the president of Turkey a friend despite recent tensions between the two countries.

4:26 p.m. Sept. 21, 2017
Household net worth climbs by $1.7 trillion as stock market rises

The net worth of households climbed by $1.7 trillion in the second quarter, on the continued rally in the stock market as well as the continued expansion of house prices.

4:04 p.m. Sept. 21, 2017
Hurricane Maria slams Dominican Republic after causing full power outage in Puerto Rico

Hurricane Maria continued its destructive path across the Caribbean on Thursday, rampaging the Dominican Republic coast after barreling through Puerto Rico as the worst storm to hit the island since 1928.

4:04 p.m. Sept. 21, 2017
Puerto Rico’s damage from Maria could top $30 billion

Hurricane Maria could cause $30 billion or more in damages to Puerto Rico, a disaster-modeler says, as President Donald Trump plans to visit the “obliterated” island and Congress gears up to vote on more disaster aid.

3:55 p.m. Sept. 21, 2017
Read this before texting Sean Spicer

This was not the jovial, fun-loving Sean Spicer who was the belle of the Emmys ball. No, this was more the Sean Spicer we knew from Trump’s White House.

3:44 p.m. Sept. 21, 2017
Facebook says it will release Russian-linked ads to Congress

Facebook Inc. said it will release ads to Congress that appeared to have come from Russia and were aimed at influencing the U.S. election. Facebook had already announced it was handing them over to Special Counsel Robert Mueller but had resisted providing them to Congress. But Facebook still won't release them to the public. "We believe the public deserves a full accounting of what happened in the 2016 election, and we've concluded that sharing the ads we've discovered, in a manner that is consistent with our obligations to protect user information, can help," Facebook General Counsel Colin Stretch said in a statement.

3:38 p.m. Sept. 21, 2017
It turns out the SEC may have a bit of disclosure problem of its own

It turns out the SEC may have a bit of disclosure problem of its own.

3:26 p.m. Sept. 21, 2017
Valerie Plame Wilson tweets story blaming Jews for pushing America’s wars

The outed CIA operative spends much of Rosh Hashana defending herself against a Twitter mob.

3:24 p.m. Sept. 21, 2017
Republicans rewrite health bill to appeal to Murkowski: report

Senate Republicans have rewritten an Obamacare repeal bill in an attempt to win the support of Alaska Sen. Lisa Murkowski, according to a report Thursday. Independent Journal Review said a new draft of legislation from Sens. Lindsey Graham of South Carolina and Bill Cassidy of Louisiana includes three provisions that would benefit Alaska, including continuing Obamacare premium tax credits. Murkowski is a swing vote on the bill, which may come up for a vote next week.

2:43 p.m. Sept. 21, 2017
SEC, DOJ fine Swedish telecom $965 million for bribing Uzbekistan officials

The U.S. Securities and Exchange Commission, U.S. Department of Justice, and Dutch and Swedish law enforcement officials settled charges Thursday against Sweden-based telecommunications provider Telia Company AB [s:tlsny] alleging the company paid bribes to government officials to win business in Uzbekistan. Telia entered the Uzbek telecommunications market by allegedly offering and paying at least $330 million in bribes to a shell company controlled by an Uzbek government official who was a family member of the President of Uzbekistan. The payments were disguised as payments for lobbying and consulting services that never actually occurred. The official was in a position to exert significant influence over other Uzbek officials. Telia Company's subsidiary in Uzbekistan, Coscom LLC, has entered a guilty plea with the DOJ. Telia cooperated in the investigation according to a statement by Marie Ehrling, the Telia board's chairwoman, and received an aggregate discount of 25% off of the bottom of the otherwise-applicable U.S. Sentencing Guidelines fine range.

2:23 p.m. Sept. 21, 2017
Trump unveils new North Korea sanctions as China cuts off banking ties

President Donald Trump said Thursday he's issued an executive order to cut off revenue North Korea uses to fund development of "the deadliest weapons known to humankind." Speaking at the United Nations, Trump said the order strengthens the U.S. Treasury's ability to target individuals or entities that conduct trade in goods, services or technology with North Korea. He also said China's central bank has told that country's banks not to do business with North Korea.

12:50 p.m. Sept. 21, 2017
Secret to Trump’s success? It’s not racism; it’s the economy, stupid

If Democrats continue to deny the economic roots of Donald Trump’s appeal, they are guaranteeing his victory in 2020, writes Darrell Delamaide.

12:00 p.m. Sept. 21, 2017
5 things you need to know about the German election

The Germans head to the polls on Sunday in an election that could dictate the future of the eurozone as Angela Merkel defends her position against Martin Schulz for a fourth term as chancellor.

11:32 a.m. Sept. 21, 2017
Puerto Rico’s bondholders worried after Hurricane Maria turns out lights

Bondholders waiting to be paid for $9 billion of electric utility revenue bonds need power turned back on before collateral disappears.

11:17 a.m. Sept. 21, 2017
Buying a house just got more expensive: Mortgage rates rise for first time in 7 weeks

Home buyers beware: The cost of financing the purchase of a new home rose in late September for the first time in nearly two months.

11:17 a.m. Sept. 21, 2017
Fed’s Yellen says low inflation a ‘mystery,’ but not mysterious enough to keep rates low

Federal Reserve Chairwoman Janet Yellen says the recent slowdown in U.S. inflation is a “mystery,” but she and her colleagues are not mystified enough to keep borrowing costs as low as they are now.

10:36 a.m. Sept. 21, 2017
Senate health bill would cut funding to most states | Price’s private jets make him ‘challenging to kill,’ columnist says

The Senate’s health bill would cut funding to most states; columnist says Price’s private jets make him ‘challenging to kill’; Trump to focus on North Korea on last day at UN.

10:07 a.m. Sept. 21, 2017
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