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1 HOUR AGO - Zero Hedge

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Charting American Oligarchy: How The 0.01% Contributes 42% Of All Campaign Cash

Submitted by Mike Krieger via Liberty Blitzkrieg blog, This is an economic fight, but this is also a political fight. The biggest financial institutions aren’t just big – they wield enormous political power. Last December, Citibank lobbyists wrote an amendment to Dodd-Frank and persuaded their friends in Washington to attach it to a bill that had to pass or the ...

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2 HOURS AGO - BBC

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Asian shares shrug off Japan data

Shares in Asia open mixed despite US stocks closing lower and a cut to Japan's credit rating.

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3 HOURS AGO - MarketWatch

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Japan stocks post solid early gain despite some weak earnings

Japanese stocks bubbled higher in early Tuesday trading, overcoming some weak earnings results and downbeat retail-sales data to instead concentrate on the positive. The Nikkei Stock Average was up 0.7% about 15 minutes into trade to erase a 0.2% loss the previous day, while the broader Topix saw a 0.5% improvement. The dollar stuck to the previous day's range, buying ...

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4 HOURS AGO - Wall Street Journal

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Small Lenders Object to Deals Over Breaches

Small banks and credit unions are banding together in a bid to recover hundreds of millions of dollars in losses incurred from high-profile data breaches at Target and Home Depot.

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4 HOURS AGO - MarketWatch

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The Wall Street Journal: Fitch downgrades Japan over fiscal concerns

Fitch Ratings downgrades Japan’s credit rating, highlighting the challenges that Prime Minister Shinzo Abe’s administration faces in trying to stoke growth while dealing with the nation’s towering public debt.

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