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April, 30, 2016

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Business > Americas
U.S. President Barack Obama signed a bill Wednesday that includes a provision banning U.S. imports of fish caught by slaves in Southeast Asia, gold mined by children in Africa and garments sewn by abused women in Bangladesh, closing a loophole in an 85-year-old tariff law that has failed to keep products of forced and child labor out of America.
 
The impact of plummeting oil prices has shown up in the financial picture of U.S. banks, whose losses from loans increased for the first time in five and half years, according to new government data.
 
Consumer confidence fell in February to the lowest level in seven months as worries about a slowing economy and tumbling stock prices took a toll.
 
Bill Gates supports government efforts in Apple case
Bill Gates is supportive of investigators' efforts to force Apple to help them crack into an iPhone used by one of the San Bernardino shooters, saying a balance needs to be struck between government access and the need to preserve data security.
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U.S. home sales crept upward in January, a sign that demand for housing remains strong amid signs of slower growth across the broader economy.
 
The U.S. economy has just completed the best two years of job growth since the 1990s, wages are on the rise and consumers are more confident about the economy than they've been in more than a decade. But the United States has faced global headwinds that will continue this year, according to the latest report from the president's Council of Economic Advisers.
 
Argentina has reached a settlement with several bondholders for US$250 million and 185 million euros, a court-appointed mediator said Monday as the country continues work toward ending a debt crisis that has damaged its ability to maneuver financially abroad.
 
Argentina has reached a settlement with several bondholders for US$250 million and 185 million euros, a court-appointed mediator said Monday as the country continues work toward ending a debt crisis that has damaged its ability to maneuver financially abroad.
 
Slender towers rise to dizzying heights in NY
In New York City, there's no escaping the pressure to be taller and thinner -- not even for the skyscrapers.
 
Venezuela socialist leader's economics ridiculed by experts
Venezuela's President Nicolas Maduro has announced long-awaited economic reforms, but analysts say they'll barely have any effect in rescuing the economy.
 
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