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U.S. Senate Republicans set repeal vote as healthcare overhaul sinks

WASHINGTON (Reuters) - U.S. Senate Republicans will vote on a straight repeal of Obamacare after efforts to overhaul the law collapsed, rattling financial markets on Tuesday and clouding the path forward for President Donald Trump‘s other domestic policy goals.

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Mexico minister queries U.S. talk on cutting NAFTA trade deficits

MEXICO CITY (Reuters) - Mexico‘s economy minister on Tuesday expressed concern that the United States was insisting on reducing trade deficits in objectives it set out for the renegotiation of the NAFTA trade deal, a document he nevertheless said contained "no surprises."

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Russia says ready to retaliate after U.S. talks end without deal

MOSCOW (Reuters) - Russia said on Tuesday that it reserved the right to retaliate against the United States after a meeting in Washington ended without an agreement to return Russian diplomatic property the U.S. had seized.

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North Korea does not have capacity to hit U.S. ‘with any degree of 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 do not have missile guidance capability needed, Vice Chairman of the U.S. Joint Chiefs of Staff General Paul Selva said on Tuesday.

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Wall Street opens lower on dull earnings, healthcare logjam

(Reuters) - U.S. stocks opened lower on Tuesday, weighed down by earnings reports from some big names and concerns over President Donald Trump‘s ability to push through his pro-growth policies, following a setback to the healthcare bill.

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Wall St. slips on tepid earnings, policy gridlock

(Reuters) - U.S. stocks opened lower on Tuesday, weighed down by earnings reports from some big names and concerns over President Donald Trump‘s ability to push through his pro-growth policies.

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U.S. targets Iran with new economic sanctions over its ballistic missile program

WASHINGTON (Reuters) - The Trump administration on Tuesday unveiled new economic sanctions against Iran over its ballistic missile program and for contributing to regional tensions, one day after warning Tehran that it was not following the spirit of its nuclear agreement with world powers.

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Turkey rolls out new school curriculum - without Darwin

ANKARA (Reuters) - Turkey announced a new school curriculum on Tuesday that excluded Charles Darwin‘s theory of evolution, feeding opposition fears President Tayyip Erdogan is subverting the republic‘s secular foundations.

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Bank of America beats Wall Street view on consumer banking, cost cuts

(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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Netflix wins international Crown with original shows

(Reuters) - Twenty years after Reed Hastings co-founded Netflix Inc , and a decade after the company introduced video streaming, it hit another milestone - one that is key to its ability to sustain its scorching pace of growth.

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Goldman‘s bond trading revenue slumps 40 percent

(Reuters) - Goldman Sachs Group Inc reported a 40 percent slump in bond trading revenue, mirroring a broader weakness in trading activity that has plagued big U.S. banks in the latest quarter.

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U.S. Republicans left scrambling after health bill sinks again

WASHINGTON (Reuters) - Republican U.S. lawmakers on Tuesday were left scrambling to salvage their years-long campaign promise to repeal and replace Obamacare after their latest plan sank in the Senate, rattling financial markets and sending the U.S. dollar to a 10-month low.

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China‘s Xi pledges ‘unremitting‘ efforts for Middle East peace

BEIJING (Reuters) - Chinese President Xi Jinping pledged on Tuesday to make "unremitting" efforts toward promoting peace in the Middle East following a meeting with Palestinian President Mahmoud Abbas, as China steps up its diplomatic engagement with the region.

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Goldman‘s bond trading slumps 40 percent

(Reuters) - Goldman Sachs Group Inc posted a 17 percent decline in trading revenue in the second quarter, mirroring a broader weakness in bond trading activity that has plagued big U.S. banks.

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U.S. 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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Father calls for justice in Minneapolis police shooting

(Reuters) - The father of an Australian woman fatally shot by a Minneapolis police officer over the weekend called for justice on Tuesday hours after a local medical examiner ruled that her death was a homicide.

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Bank of America beats estimates as higher rates boost revenue

(Reuters) - Bank of America Corp, the second-largest U.S. lender by assets, reported a higher-than-expected quarterly profit on Tuesday as revenue rose in three of its main businesses, more than offsetting a fall in trading.

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Bank of America‘s quarterly profit rises 11 percent

(Reuters) - Bank of America Corp, the second-largest U.S. lender by assets, reported an 11 percent rise in quarterly profit on Tuesday as net interest income increased.

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U.S. student imprisoned in Iran is scholar, not spy: colleagues

PRINCETON, N.J. (Reuters) - By the time Princeton University graduate student Xiyue Wang arrived in Iran to conduct research for his doctorate in history, he had already spent years living and working in politically turbulent countries.

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House Republicans unveil 2018 budget with tax reform instructions

WASHINGTON (Reuters) - Republicans in the U.S. House of Representatives took a first step toward tax reform on Tuesday, with the release of a fiscal 2018 budget plan that would allow a tax reform package to pass the U.S. Congress without support from Democrats.

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Setback for Trump agenda leaves dollar stranded

LONDON (Reuters) - The dollar fell to a 10-month low on Tuesday, bearing the brunt of a selloff triggered by another setback to U.S. President Donald Trump‘s agenda and scaled back expectations for another rate hike at Federal Reserve this year.

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Asian shares struggle to rise, dollar slips

TOKYO (Reuters) - Asian shares stepped back from more than two-year highs on Tuesday while the dollar extended losses as passage of a U.S. healthcare bill grew doubtful, and as investors bet the Federal Reserve will be more cautious about raising interest rates.

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Russia, after U.S. meeting on diplomatic row, says ready to retaliate

MOSCOW (Reuters) - Russia‘s Foreign Ministry said on Tuesday Moscow reserved the right to take retaliatory measures against the United States after a meeting in Washington ended without a deal on returning seized Russian diplomatic property.

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New life in U.S. housing market not evident in big bank results

(Reuters) - The U.S. housing sector has seen prices, sales and financing applications soar lately as more buyers entered the market for the first time, but those trends were hard to see in big banks‘ mortgage businesses during the second quarter.

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