Avie Schneider
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Under a settlement with the Federal Trade Commission, the company will pay $5 billion and its co-founder could be subject to penalties if Facebook doesn't comply with the agreement.
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Four months after its top-selling 737 Max airliner was grounded worldwide, Boeing announced a 35% drop in revenues and a loss of $2.9 billion in the second quarter.
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Lawmakers in the Senate and House are questioning lobbyists and officials from Facebook, Google, Amazon and Apple on an array of issues, including whether they're so big they stifle competition.
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As the partial government shutdown continued into its second week, the president invited a bipartisan group of lawmakers to the White House for talks. "Let's make a deal?" Trump asked in a tweet.
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That's slower than the second quarter's blockbuster 4.2 percent but puts the economy on pace for the fastest annual growth in 13 years.
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Bullish stocks, low unemployment, high confidence — from most angles, the economy is strong. But questions linger as the Federal Reserve raises interest rates for the third time in 2018.
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Hours after President Trump announced tariffs on $200 billion in Chinese goods, Beijing responded with its own levies on $60 billion worth of U.S. products.
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The economy continued to add jobs at a steady pace last month and the unemployment rate remained low. Analysts have been looking for signs that wage growth might pick up, but it held steady, too.
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A key measure of the economy's health showed a dramatic pickup, which President Trump called "amazing." But some analysts doubt the higher growth rate will last.
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Commerce Secretary Wilbur Ross announced a deal with Chinese telecommunications company ZTE — a move that may indicate progress in high-stakes trade talks between the U.S. and China.