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October, 26, 2016

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Farmers' overtime bill heads to California governor
Four decades after he signed the nation's first law giving farmworkers collective bargaining rights, California Governor Jerry Brown will again consider a historic proposal calling for farmworkers to receive the same overtime pay as other hourly workers, after the Assembly approved legislation Monday to phase in the change.
The U.S. dollar added to its gains Monday after U.S. Federal Reserve boss Janet Yellen suggested an interest rate hike this year was still on the table.
The start this week of the first regularly scheduled commercial flights from the United States augurs the likely demise of Cuba's "mules" -- suppliers of last resort for scarce consumer goods on the island.
Trump win could cause global recession: Citi
If New York developer Donald Trump wins the White House in November, the global economy could slip into recession, according to a forecast from Citigroup Thursday.
Brewer AB Inbev expects thousands of job cuts in merger deal
The world's largest brewer, AB Inbev, says it expects to cut about 3 percent of its total workforce -- equivalent to thousands of jobs -- once it completes its huge merger with its closest rival, SABMiller.
It's perhaps the most contrarian move in investing today: Trust a stock picker. Investors have been dumping funds run by managers who try to beat the market, and they're pouring money instead into those that track the Standard & Poor's 500 or other indexes.
Clean air but murky policy as Yellen speech awaited
If US Federal Reserve chief Janet Yellen chooses to use her closely watched address on Friday to clear the air, she will have plenty of clearing to do.
The U.S. stepped up its fight against the European Commission's (EC) crackdown on tax avoidance by Apple and other multinational companies, accusing the commission of unilateralism and overstepping its mandate.
The U.S. dollar was barely moved Thursday ahead of a speech by Federal Reserve boss Janet Yellen that could shed light on whether a 2016 rate hike is still on the cards.
U.S. homebuyers pulled back in July, as sales declined amid a shortage of available properties and steadily rising prices.
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