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Republican push to end Obamacare collapses in Senate

WASHINGTON (Reuters) - Republican efforts to overhaul or repeal Obamacare collapsed in the U.S. Senate on Tuesday, dealing a sharp setback to President Donald Trump and the Republican Party‘s seven-year quest to kill former President Barack Obama‘s signature healthcare law.

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After healthcare failure, Republicans face similar divisions on tax reform

WASHINGTON (Reuters) - Republicans in Congress unveiled a fiscal 2018 budget plan as a first step to major U.S. tax reform on Tuesday, only to face the same divisions between conservatives and moderates that helped killed their efforts to replace Obamacare.

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Nasdaq hits record on Netflix boost; Dow dragged by Goldman

NEW YORK (Reuters) - A Netflix rally boosted the Nasdaq Composite to a record high on Tuesday while Goldman Sachs Group Inc dragged the Dow lower as earnings take center stage on Wall Street.

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Mitch McConnell: ‘The man in the middle‘ of U.S. healthcare war

WASHINGTON (Reuters) - For seven years, U.S. Senator Mitch McConnell vowed to slay Obamacare if only his Republican Party controlled both chambers of Congress and the White House. Pull it out "root and branch," he pledged.

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Netflix catapults Nasdaq to record; Goldman drags Dow

NEW YORK (Reuters) - Major stock indexes were mixed on Tuesday, as Netflix‘s rally boosted the Nasdaq Composite to a record high while Goldman Sachs weighed on the Dow, with earnings taking investors‘ focus.

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Republican push to end Obamacare collapses in U.S. Senate

WASHINGTON (Reuters) - Republican efforts to overhaul or repeal Obamacare collapsed in the U.S. Senate on Tuesday, dealing a sharp setback to President Donald Trump and the Republican Party‘s seven-year quest to kill President Barack Obama‘s signature healthcare law.

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U.S. banks pay up for big deposits as consumers get pennies

(Reuters) - Big U.S. banks are starting to pay corporations, financial firms and rich people more to hold on to their deposits, but ordinary consumers will have to wait longer to see more than a few pennies for every 100 they stash in their accounts.

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Goldman Sachs drags Dow lower; Netflix rally buoys Nasdaq

NEW YORK (Reuters) - Major stock indexes were mixed on Tuesday, as Netflix‘s rally kept the Nasdaq Composite in the black while Goldman Sachs weighed on the Dow, with earnings taking investors‘ focus.

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Trump Jr., ex-campaign head given nod to testify in Congress: Senator

WASHINGTON (Reuters) - President Donald Trump‘s eldest son and his former campaign chairman have been given approval by a U.S. special counsel to testify publicly to Congress as part of investigations into Russian meddling in the 2016 election, the top Democrat on the Senate Judiciary Committee said on Tuesday.

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U.S. prepares sanctions against senior Venezuelan officials: sources

WASHINGTON (Reuters) - The Trump administration is preparing sanctions against several senior Venezuelan officials, including the country‘s defense minister and a ruling party leader, for alleged human rights violations and could announce the measures as early as Tuesday, U.S. officials said.

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Lawyer says client attended Trump Jr. meeting with Russian attorney

WASHINGTON (Reuters) - A man who works for a Moscow-based developer with ties to U.S. President Donald Trump was identified on Tuesday as the eighth person to attend a June 2016 meeting where Trump‘s son hoped to get damaging information on Democratic presidential candidate Hillary Clinton.

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Americans want U.S. goods, but not willing to pay more: Reuters/Ipsos poll

HARRISBURG, Pa. (Reuters) - Americans say they love U.S.-made goods. They are less enthusiastic, however, about paying a premium for them.

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Goldman weighs on Dow; Netflix helps cap S&P, Nasdaq losses

(Reuters) - The Dow was dragged lower in early afternoon trading on Tuesday by a drop in Goldman Sachs, but losses on the S&P 500 and the Nasdaq were limited by a jump in Netflix‘s shares.

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Goldman execs scrutinize bond trading after revenue nosedives

(Reuters) - Goldman Sachs Group Inc‘s management team is looking for ways to revive the bank‘s bond trading business and drum up more revenue from existing clients who have lately become less profitable for the bank.

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U.S. puts new sanctions on Iran over ballistic missile program

WASHINGTON (Reuters) - The United States unveiled new economic sanctions against Iran over its ballistic missile program on Tuesday and said it was deeply concerned about Tehran‘s "malign activities" in the Middle East.

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Lawyer says client attended Trump Jr meeting with Russian attorney

WASHINGTON (Reuters) - The eighth person who attended a June 2016 meeting where Donald Trump Jr hoped to get damaging information on his father‘s Democratic presidential rival was Ike Kaveladze, his lawyer said on Tuesday.

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Defying Trump threat, Venezuela to press controversial congress

CARACAS (Reuters) - Venezuelan President Nicolas Maduro‘s government on Tuesday vowed to proceed with plans for a controversial new congress despite what it called a "brutal interventionist" threat by Washington to impose economic sanctions.

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House Republican 2018 budget ties tax reform to spending cuts

WASHINGTON (Reuters) - Republicans in the U.S. House of Representatives released a fiscal 2018 budget plan on Tuesday that could pose a major new political test for President Donald Trump‘s legislative agenda by combining tax reform with controversial spending cuts.

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Uber is sued over lack of wheelchair-accessible cars in New York City

NEW YORK (Reuters) - Uber Technologies Inc was sued on Tuesday by disability rights groups that said the ride-sharing company violates New York City human rights laws by failing to make enough of its vehicles accessible to disabled people.

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Banks drag S&P, Dow lower; Netflix caps Nasdaq losses

(Reuters) - The S&P and the Dow were lower in late morning trading on Tuesday, weighed by tepid earnings from big banks and a setback to President Donald Trump‘s pro-growth legislative agenda after Republican effort to overhaul healthcare collapsed.

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Venezuela condemns Trump‘s ‘brutal‘ economic sanctions threat

CARACAS (Reuters) - Venezuelan President Nicolas Maduro‘s government on Tuesday condemned a "brutal" and "imperial" threat by U.S. President Donald Trump to impose economic sanctions if plans to set up a controversial new congress were not withdrawn.

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Bank of America profit rises as consumer bank hits profit ‘milestone‘

(Reuters) - Bank of America Corp reported a higher-than-expected quarterly profit on strength in its consumer bank and cost cuts that are beginning to bear fruit after years of branch closures, staff cuts and efforts to reduce technology and paper-related expenses.

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U.S. targets Iran with new sanctions over missile program

WASHINGTON (Reuters) - The United States on Tuesday unveiled new economic sanctions against Iran over its ballistic missile program and for contributing to regional tensions and said it was deeply concerned about its "malign activities across the Middle East."

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North Korea lacks capacity to hit U.S. with accuracy: U.S. general

WASHINGTON (Reuters) - North Korea does not have the ability to strike the United States with "any degree of accuracy" and while its missiles have the range, they lack the necessary guidance capability, Vice Chairman of the U.S. Joint Chiefs of Staff General Paul Selva said on Tuesday.

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