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Trump Encourages Obamacare Effort as Bill Gains Support

President conflicting statements on the Senate effort, urging lawmakers to work on it and then seemingly pulling back his support for it. Alexander said the version he’s introducing contains language to make clear there won’t be what Trump has cast as a bailout of health insurers. “I want them to

Profits Lift Asian Stocks as Dollar, Bonds Steady: Markets Wrap

Most stocks in Asia rose after earnings reports across a range of sectors helped send U.S. gauges to new all-time highs. Treasury yields were steady after rising on higher chances for a U.S. interest-rate increase this year.Equity benchmarks advanced in Tokyo, Sydney and Hong Kong. The dollar was little changed

Kushners Control of Familys NYC Crown Jewel Is Now in Jeopardy

An ambitious plan by Jared Kushner’s family to recast its indebted Fifth Avenue office building as a luxury architectural trophy is collapsing, setting off a chain of events that may imperil the Kushners’ ownership of a property central to their real estate empire.Their partner, Kushner Cos.’ losing control of the

Taylor Impresses Trump for Fed Chairman, Warsh Slips

Stanford University economist John Taylor, a candidate for Federal Reserve chairman, made a favorable impression on President Donald Trump after an hour-long interview at the White House last week, several people familiar with the matter said.Former Fed board governor Kevin Warsh has meanwhile seen his star fade within the White

Tillerson Pledges Diplomacy With North Korea ‘Until the First Bomb Drops’

Secretary of State Rex Tillerson says President Donald Trump wants him to push forward on diplomacy with North Korea “until the first bomb drops.”Until?Tillerson’s comments on CNN’s “State of the Union” program on Sunday apparently weren’t meant literally as a timeline for war, as he preceded that quote by saying,

N. Korea Ready for Missile Test Any Time as Drill Approaches

South Korean military officials are readying for another possible missile launch by Pyongyang as they prepare for a joint military drill with the U.S. on the disputed peninsula this week.Multiple South Korean media reports citing unidentified military officials on Saturday and Sunday said North Korean missile vehicles “kept appearing and disappearing”

Yellen Calls Inflation the ‘Biggest Surprise’ in the Economy

Federal Reserve Chair Janet Yellen said that the U.S. central bank expects to continue to raise interest rates gradually as solid growth, a strong labor market and a healthy global economy lift prices even as she recognized that inflation has been surprisingly low. “My best guess is that these soft readings

FCC Chief Is ‘Complicit’ in Trump’s NBC Threat, Ex-Chairman Says

U.S. Federal Communications Commission Chairman Ajit Pai is “complicit” in Donald Trump’s threat to revoke broadcast licenses of news stations by not speaking out against the president, the former chairman of the agency said.Tom Wheeler, who led the FCC during President Barack Obama’s second term, said Sunday that Pai’s silence