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China rages at Alibaba’s CIFUS rejection

AP The US will not allow Alibaba to purchase US money transfer company, MoneyGram, and China’s not happy about it. This spat kicks off what could be a contentious few months for US-China economic relations. In the coming months, The White House has to make a bunch of decisions about …

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Chevy Bolt crushing Tesla Model 3

The Chevy Bolt.Hollis Johnson Chevy sold over 3,000 Bolts in December. Tesla will likely sell fewer Model 3’s than that for the entire fourth quarter. If the sales trend continues, Chevy could be selling 5,000 Bolts per month by mid-to-late 2018. Let’s be honest: while it was impressive that General …

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Fed meeting minutes, December 2017

Federal Reserve Chair Janet Yellen speaks during a news conference following the Federal Open Market Committee meeting in Washington, Wednesday, Dec. 13, 2017 Carolyn Kaster/AP The Federal Reserve at 2 p.m. ET will release minutes of its meeting in December.  At that meeting, the Fed raised its benchmark federal funds …

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How Trump’s tax plan will affect blue collar workers

Trump previously called himself a blue collar worker.Mark Lyons / Stringer / Getty Images • Now that US President Donald Trump has signed Republicans’ tax overhaul into law, it’s time to figure out what the new tax code will mean for you. • Career site Zippia broke down how the new tax …

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Stock market news today January 3

Welcome to Finance Insider, Business Insider’s summary of the top stories of the past 24 hours. Sign up here to get the best of Business Insider delivered direct to your inbox. Sweeping financial regulatory reforms in Europe — which have been in the works for seven years — finally went live on Wednesday. …

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