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March 28, 2017

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Business > Global Markets
Stock markets dropped Monday and the dollar slid against rivals on concerns that the collapse of U.S. President Donald Trump's repeal of Obamacare could leave him struggling to push through his promised tax-cut and infrastructure spending policies.
 
Are robots coming for your job? Although technology has long affected the labor force, recent advances in artificial intelligence and robotics are heightening concerns about automation replacing a growing number of occupations, including highly skilled or "knowledge-based" jobs.
 
World stock markets mostly rose on Thursday as investors awaited a key U.S. health care vote, while London turned flat one day after a terror attack killed three people in the heart of the capital.
 
European stock markets mostly rose on Tuesday, after gains across most of Asia, but London fell as surging inflation data sent the pound flying, dealers said.
 
Most Asian markets slipped Monday following last week's broad advances, with the dollar suffering fresh selling pressure after the Federal Reserve hinted at a slower-than-expected pace of interest rate hikes this year.
 
G-20 ministers fail to get Washington on board
Finance ministers from the world's biggest economies on Saturday failed to get the U.S. to renew an anti-protectionist pledge and a vow to fight climate change, in the face of Donald Trump's "America First" push.
 
Global finance gathering struggles to define trade stance
Financial officials from the world's biggest economies are struggling to define a common stance on trade in the face of the Trump administration's insistence that cross-border commerce must be "fair" as well as "free."
 
US rate hike spurs global market rally
Global stocks rose Thursday following a U.S. rate hike and a Eurosceptic party's defeat in Dutch elections.
 
Fed raises rate and sees more hikes as US economy improves
The Federal Reserve has raised its benchmark interest rate for the second time in three months and forecast two additional hikes this year. The move reflects a consistently solid U.S. economy and will likely mean higher rates on some consumer and business loans.
 
European stock markets flatlined on Wednesday before a widely expected Federal Reserve interest rate hike, while Dutch voters head to the polls.
 
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