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September, 27, 2016

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Business > Americas
The US music industry Tuesday posted its strongest growth in more than a decade in the first six months as streaming subscriptions doubled, but weakness reigned in other formats.
 
Again and again in recent months, the Federal Reserve has signaled that it's edging closer to resuming the interest-rate hikes it began in December.
 
Less economic growth, job losses, lower wages and tax revenues -- that's what a Canada-EU free trade on the verge of being ratified will bring, according to a new study.
 
Economists have long said that when the United States catches a cold, Mexico gets pneumonia. But analysts said Monday that Hillary Clinton's pneumonia has given Mexico's peso something worse.
 
Colonial announces temporary pipeline
Colonial Pipeline says it is beginning construction of a temporary pipeline that will bypass a leaking section of its main gasoline pipeline in Shelby County, Alabama.
 
Cannabis economy leaves Californians chasing pot of gold
Two years ago, the city of Adelanto, a crumbling outpost in California's Mojave desert, was facing a bleak future as it teetered on the brink of bankruptcy and struggled with double-digit unemployment.
 
US average 30-year mortgage rate jumps to highest level since June
Long-term U.S. mortgage rates rose this week, with the benchmark 30-year loan reaching its highest level since June. Rates remain at historically low levels, however.
 
Amazing agriculture
Judges maneuver giant cabbages to be weighed in the Giant Vegetable Competition on the first day of the Harrogate Autumn Flower Show at the Great Yorkshire Showground, in Harrogate, northern England, on Sept. 16. The show is set to run from Sept. 16-18.
 
Economists say Trump's plan is an impossible blend of low tax and gov't spending
Donald Trump has attached a price tag to an economic vision promising what many economists say is impossible: lower taxes, a dramatic expansion in some federal programs and a slimmer government running a smaller deficit.
 
GOP leaders broker deal to avert vote on impeaching IRS head
A last-minute deal between conservatives and GOP leaders in the House has averted votes expected Thursday on a measure to impeach the commissioner of the IRS.
 
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