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September 7, 2018 9:06 PM Ben Affleck Works Out with His Basketball Coach on Trip Home from Rehab

The Oscar winner, 46, has been seen at his house multiple times this week for work out sessions, which he attends while still staying at his rehab center. On Friday, Affleck was seen playing basketball with a coach at his home. Affleck’s coach was carrying a ball while the actor was dressed in dark clothing. “Ben is in rehab and working hard on himself 93

August 17, 2018 4:55 AM Trump administration insists there’s an economic boom coming, contrary to what most analysts say

WASHINGTON — Is the latest pickup in U.S. economic growth destined to slow in the years ahead as most analysts say? Or, as the Trump administration insists, is the economy on the cusp of an explosive boom that will reward Americans and defy those expectations? On Thursday, President Donald Trump's chief economic adviser made his case for the boom. Calling 74

August 7, 2018 11:37 AM India doubles import tax on textile products, may hit China

NEW DELHI/MUMBAI (Reuters) - India doubled the import tax on more than 300 textile products to 20 percent on Tuesday as the world’s biggest producer of cotton tries to curb rising imports from China. It was the second tax hike on textiles in as many months after an increase on other products including fiber and apparels last month. The moves are expected 52

July 31, 2018 7:06 PM The GDP report was great. Now what?

Quarterly growth just came in at the fastest pace in almost four years. And the jobs report on Friday is expected to show a remarkable 94th straight month of gains — easily the longest streak in American history. Where do we go from here, particularly as the Federal Reserve appears set on steady interest-rate increases to keep the economy from running 130

July 12, 2018 9:41 PM CMS proposes change in the drug payment amount under Medicare Part B

(Reuters) - The Centers for Medicare & Medicaid Services on Thursday proposed a change in the payment amount for new drugs under its Part B program, amid the Trump administration’s attempts to tackle escalating prices of drugs. Medicare Part B covers medicines patients receive in a doctor’s office, such as infusions, CMS said. The move from the agency 89

June 25, 2018 5:12 AM Fairbanks borough to consider property tax hikes

Fairbanks borough to consider property tax hikes Fairbanks-area officials are considering measures that would increase property taxes to raise millions of dollars for the replacement and upkeep of public buildings. The Fairbanks Daily News-Miner reports the Fairbanks North Star Borough Assembly is scheduled to vote Thursday on three ordinances that would 55

June 14, 2018 5:08 PM Americans are spending like mad again

Americans are spending. A lot. And not just on Amazon. Retail sales rose 0.8% in May, the government reported Thursday — much better than expected. Spending was up 5.9% from a year ago. And the gains were broad: Spending surged at clothing stores, at restaurants and at home-improvement stores such as Home Depot (HD) and Lowe's (LOW). In fact, the jump in spending 99

June 8, 2018 8:07 AM China's trade surplus with US grew, while global gap shrank

China's trade surplus with US grew, while global gap shrank China's political sensitive trade surplus with the United States widened in May from a year earlier, while its total global surplus shrank as imports accelerated. Imports rose 26 percent from a year ago to $187.9 billion, up from April's 21.5 percent growth, customs data showed Friday. Exports 68

June 7, 2018 2:15 PM Turkey interest rate raised for third time in under 2 months

LONDON – The Turkish Central Bank has increased its key interest rate from 16.5 percent to 17.75 percent, its third increase in under two months. The hikes attempt to temper a surge in inflation. Turkish consumer prices increased to 12.15 percent year-on-year in May, marking the highest inflation rate for six months. The Turkish Central Bank said Thursday 60

April 16, 2018 6:05 PM Fed's Kaplan says he has no problem with being 'restrictive'

(Reuters) - Dallas Federal Reserve Bank President Robert Kaplan on Monday said he expects the U.S. central bank to raise interest rates three times this year and further next year to levels that could put the brakes on U.S. economic growth, but that he does not want to push short-term rates above long-term borrowing costs. “I don’t have a problem with being 50