Markets & Finance News


Yellen wins unanimous Senate panel vote for Treasury despite Republican tax, debt concerns

WASHINGTON The U.S. Senate Finance Committee on Friday unanimously approved Janet Yellen's nomination as the first woman Treasury secretary, indicating that she will easily win full Senate approval, but Republicans called for her to work with them in developing economic policies.

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GLOBAL MARKETS-Stocks, oil fall on weak data, earnings

A gauge of stocks across the world slipped from record highs on Friday and oil prices fell to end the week little changed as weak economic data and underwhelming earnings drove investors to reverse some recent risky bets.

Canada PM Trudeau says he will express concern about pipeline job losses with Biden

Canadian Prime Minister Justin Trudeau said he would express his concern about job losses caused by Joe Biden's cancellation of the Keystone XL oil pipeline when he speaks to the new U.S. president later on Friday, but added that the U.S. and Canada were now "much more aligned" on other matters. "I will express my concern for jobs and livelihoods in Canada, particularly in the west, directly in my conversation with President Biden," Trudeau told reporters. He went on t

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