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Iran, Iraq at loggerheads with Saudis ahead of OPEC meeting

By Ahmad Ghaddar and Vladimir Soldatkin VIENNA (Reuters) – Iran and Iraq are resisting pressure from Saudi Arabia to curtail oil production, making it hard for the Organization of the Petroleum Exporting Countries to reach a deal to limit output and boost the price of crude when it meets on Wednesday. OPEC sources told Reuters a meeting of experts in Vienna on Monday failed to bridge differences between OPEC's de facto leader, Saudi Arabia, and the group's second- and third-largest producers over the mechanics of output …

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Iran, Iraq at loggerheads with Saudis ahead of OPEC meeting

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Fed’s Dudley sees risks to U.S. economic outlook tilting to downside

An influential Federal Reserve official on Tuesday said he sees downside risks to his U.S. economic outlook, an assessment that could flag a longer pause before the Fed's next interest-rate hike than he and his colleagues had earlier signaled. “At this moment, I judge that the balance of risks to my growth and inflation outlooks may be starting to tilt slightly to the downside,” New York Federal Reserve President William Dudley said in remarks at a conference in Hangzhou, China sponsored by…

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Fed’s Dudley sees risks to U.S. economic outlook tilting to downside

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Sam’s Club hires regional buyers, sees ‘local’ food as key in upscale shift

Sam's Club, the warehouse club unit of Wal-Mart Stores Inc, is building a team of regional U.S. buyers to bring in more local and organic groceries, a strategy used by …

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Sam’s Club hires regional buyers, sees ‘local’ food as key in upscale shift

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Handbag maker Kate Spade’s same-store sales top expectations

(Reuters) – Handbags and accessories maker Kate Spade & Co reported better-than-expected quarterly sales at established stores, driven by demand for its kate spade new york line of products.

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Handbag maker Kate Spade’s same-store sales top expectations

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Fiat Chrysler February U.S. sales rise 12 percent

By Bernie Woodall DETROIT (Reuters) – Fiat Chrysler Automobiles February U.S. auto sales rose 12 percent as the carmaker again showed strong Jeep SUV and Ram truck sales. Sales for Jeep's six SUV models rose 23 percent,

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Fiat Chrysler February U.S. sales rise 12 percent

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U.S. new home sales rebound strongly in October

September's sales pace was revised down to 447,000 units from the previously reported 468,000 units. Economists polled by Reuters had forecast new home sales, which account for about 8 percent of the housing market, rebounding to a rate of 500,000 units.

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U.S. new home sales rebound strongly in October