Treasury Calls for Overhaul of Systemically Important Designation
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The Treasury Department has called for an overhaul of the process for designating financial institutions as systemically important.
U.S. Stocks Stall, on Track for Small Weekly Losses
U.S. stocks stalled, setting up the S&P 500 and Dow industrials to eke out narrow losses for the week. The blue-chip index lost 0.3%.
Housing Starts Bounce Back Strongly
U.S. housing starts rose last month to the highest level in a year, a sign that builders are getting back on track after hurricanes lashed the southeast and dampened residential construction activity in September.
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Why It Has Been So Hard to Win the Spinoff Trade
Corporate spinoffs such as Ferrari, from Fiat Chrysler, and PayPal, from eBay, have a well-documented history of outperforming the market. But the few funds that invest exclusively in spinoffs haven't.
Canada Inflation Slows in October
Annual inflation in Canada slowed in October from the previous month, a result that is likely to reinforce the Bank of Canada's cautious approach to setting interest-rate policy.
Two Weeks of Frenzied Negotiations Led to Bank-Relief Deal
Moderate Democrats worked with the GOP on a plan to roll back the Dodd-Frank law, marking the first significant bipartisan agreement to relieve small and regional lenders from a number of restrictions.
ECB's Weidmann: ECB Proposals on Bad Loans Are 'a Sensible Way Forward'
German central-bank President Jens Weidmann sided with the European Central Bank in a dispute with Italian officials over how to reduce the quantity of nonperforming loans.
House Backs GOP Tax-Overhaul Bill
The House of Representatives passed a bill that would usher in the most far-reaching overhaul of the U.S. tax system in 31 years, backing a plan that would lower the corporate tax rate to its lowest point since 1939 and cut individual taxes for most households in 2018.
ECB's Draghi Upbeat on Economy but Insists Stimulus Still Needed
European Central Bank President Mario Draghi delivered a glowing report card on the eurozone's economic recovery, arguing that growth is likely to continue as companies and individuals increase spending and investment.
Oil Climbs on OPEC Hopes
Oil prices ticked up after a week of losses, boosted by fresh signs that Saudi Arabia plans to back an extension of OPEC's deal to curb global production.
(END) Dow Jones Newswires
November 17, 2017 11:15 ET (16:15 GMT)