New York Fed to launch U.S. Libor contender, slow takeup seen(Reuters) - The New York Federal Reserve will launch a benchmark U.S. rate on Tuesday to potentially replace Libor, and market participants hope it will prove more reliable after a long and complex switchover.
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As Wall Street sinks, Trump is his own worst enemySAN FRANCISCO (Reuters) - As far as the stock market is concerned, U.S. President Donald Trump is, right now, his own worst enemy.
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GM will stop reporting monthly U.S. vehicle salesDETROIT (Reuters) - General Motors Co said on Tuesday it will stop reporting monthly U.S. vehicle sales, saying the 30-day snapshot does not accurately reflect the market and will instead issue quarterly sales.
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NYSE sets Spotify reference price at $132(Reuters) - The New York Stock Exchange on Monday set the reference price for shares of music streaming service Spotify Technology SA at $132.
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