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Focus turns to U.S. data as China slowdown looms

NEW YORK - After a dizzying two weeks that saw a rapid plunge and rebound in equity prices, investors are looking forward to a week of economic data that may provide clarity on the likelihood of a near-term U.S. interest rate hike and help tamp down the market's recent wild swings.

Recent Business News

IMF's Lagarde says restructuring should suffice for Greek debt

ZURICH - A form of debt restructuring rather than outright forgiveness should enable Greece to handle its "unviable" debt burden, the head of the International Monetary Fund was quoted as telling a Swiss newspaper.

Greece, IMF 7:11am EDT

Syngenta may seek partners, JVs after product review: chairman in paper

ZURICH - Syngenta AG may seek partners to help improve its product lineup after a thorough review in the wake of a rebuffed takeover approach from Monsanto Co , the agrichemicals group's chairman told a Swiss newspaper.

8:44am EDT

Ashley Madison courted several buyers, landed none before attack

TORONTO - The owner of adultery website Ashley Madison had already been struggling to sell itself or raise funds for at least three years before the publication of details about its members, according to internal documents and emails also released by hackers as part of their assault on the company in recent weeks.

Tech, Deals 7:50am EDT

Fed says rate hike next month hinges on market volatility

JACKSON HOLE, Wyo. - The Federal Reserve on Friday left the door open to a September interest rate hike even while several U.S. central bank officials acknowledged that turmoil in financial markets, if prolonged, could delay the first policy tightening in nearly a decade.

28 Aug 2015

Unions set sights on e-commerce and manufacturing firms after NLRB ruling

- U.S. union leaders said on Friday that a landmark U.S. labor board ruling on companies' obligations toward contract and franchise workers would help them organize manufacturers and e-commerce companies as well as fast food chains.

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