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MOSCOW (Reuters) - Russian courts on Wednesday backed the temporary closure of three McDonald's restaurants in Moscow for breaches of sanitary rules, amid a standoff with the West over Ukraine, while the state food safety watchdog suspended work at a fourth.

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  S&P Closes Above 2,000 for First Time Source: WSJ

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  S&P Closes Above 2,000 for First Time Source: WSJ

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``Governments must do better. Rather than trying to spur private-sector spending through asset purchases or interest-rate changes, central banks, such as the Fed, should hand consumers cash directly. ... The government could distribute cash equally to all households or, even better, aim for the bottom 80 percent of households in terms of income. Targeting those who earn the least would have two primary benefits. For one thing, lower-income households are more prone to consume, so they would provide a greater boost to spending. For another, the policy would offset rising income inequality.''

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``Scotland's pro-independence leader Alex Salmond on Monday (25 August) was seen as the winner of a final TV debate before a referendum which could lead to the creation of a new EU member state. ''

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``The pattern is consistent, pervasive, and relentless. For 36 straight months not ONE month has had a greater number of higher opens than lower. Amazingly 35 out of 36 were between 80-95% lower, and the lone outlier "only" had 67% lower openings. The pattern was irrespective of rising or falling silver prices. From January 1st to February 28th of 2012, for example, silver rose $9.28, going from $27.86 to $37.12. That's a whopping 33% gain! During that time, however, 34 out of 42, or 81% of the 6:00 PM access trade opens were lower''

Read more: Implode-Explode Heavy Industries news feed

BRASILIA (Reuters) - Environmentalist Marina Silva has surged to a strong second place in Brazil's presidential election and is set to defeat President Dilma Rousseff if the race goes as expected to a runoff, a new poll showed on Wednesday.

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Conventional wisdom has seldom been so useless, because pessimism in this country isn't usually this durable or profound... Much of this was chillingly captured by a Wall Street Journal/NBC News poll from early August that got lost somewhat amid the recent deluge of awful news but deserved closer attention. It included the jolting finding that 76 percent of Americans ages 18 and older weren't confident that their children's generation would fare better than their own. That's a blunt repudiation of the very idea of America, of what the "land of opportunity" is supposed to be about. For most
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Is America's economic recovery getting long-in-the-tooth? Does it have presbyopia and hair its ears? The S&P 500 remains above 2000 at this moment, in part because big companies have the profits to buy back their own shares, in part because investment overseas is a relatively risky bet.  We take a look at the market psychology. Plus, a new report says a little known provision in the Affordable Care Act -- Obamacare, some call it -- could help rein in pay for executives at health insurance companies. Critics charge this is wrong-headed and could push up health care costs. And now a report on the business of lesbian bars. They're a place to grab a drink or a meet a friend but they're more than that. Some lesbian bars are a kind of community center; venues for public events or political organizations. But some of these businesses are disappearing -- We take a look at why that is, and what it could mean.      

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Gun maker Smith & Wesson Holding Corp. cut its revenue and profit outlook for the fiscal year. The company now expects per-share earnings to be about a third lower than previously projected. The downward revision was driven by high inventories and a slowdown in long gun sales following a previous surge in demand. Here’s what happened. After the Newtown school shooting in December 2012, gun enthusiasts worried the government would ban or severely restrict certain types of weapons. “A lot of consumers rushed to stores and bought every assault rifle off the shelf that they possibly could,” says Wedbush Securities equity analyst Rommel Dionisio. “That caused a near-term demand surge, but it also pulled forward a lot of future sales.” The surge in demand lasted months. Retailers faced shortfalls, and then stocked up on inventory in response.  But Dionisio says now, that person who’d normally be in the market for a modern sporting rifle probably already bought several of them. “The demand for firearms returned to more normalized levels this year in 2014, and so it kind of just is catching up with manufacturers right about now,” says Andrea James, a vice president and senior research analyst with Dougherty & Company. She says demand for long guns has plummeted, while demand for handguns is following a ten year upward trajectory. In a research note, James says she still likes Smith & Wesson long-term, but is downgrading its stock rating to neutral. Smith & Wesson isn’t the only company weathering this return to what James calls ‘historical norms.’ She says one gun maker compared the gun-buying binge to eating a huge Thanksgiving meal: Just because you’re not hungry the next day, doesn’t mean you’ll never eat again. 

Read more: Latest Stories on Marketplace.org

PRAGUE (Reuters) - The German government will decide on Sunday what specific military aid it will send to Kurdish forces in Iraq to help them fight Islamic State militants in the north of the country, German Foreign Minister Frank-Walter Steinmeier said on Wednesday.

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WASHINGTON (Reuters) - An American writer released this week after nearly two years of captivity in Syria said he was overwhelmed by the outpouring of attention he received after returning home, he told reporters on Wednesday.

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BEIJING (Reuters) - A top official of China's Communist Party told a special envoy from Vietnam on Tuesday the two neighbors should try to rebuild their battered ties after a flare-up over sovereignty in the South China Sea, the official Xinhua news agency said.

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MOSCOW (Reuters) - Russian courts on Wednesday ordered the temporary closure of three McDonald's restaurants in Moscow over breaches of sanitary rules, news agencies reported, amid a standoff with the West over Ukraine.

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KIEV/DONETSK Ukraine (Reuters) - Ukraine accused Russian forces of launching a new military incursion across its border on Wednesday, a day after the leaders of both countries agreed to work towards ending a separatist war in the east of the country.

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MOSCOW (Reuters) - Russian courts on Wednesday ordered the temporary closure of three McDonald's restaurants in Moscow over breaches of sanitary rules, news agencies reported, amid a standoff with the West over Ukraine.

Read more: Reuters: Top News

The Standard & Poor’s 500 Index closed yesterday at a record high of more than 2,000. Yet many people feel that the economy is weak. There are numerous reasons for this, but the one I want to focus on has to do with employment and wages. The economy feels weak because, depending on your education,...Read More

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VIENNA (Reuters) - Iran may have failed to meet a deadline for addressing U.N. concerns about suspected nuclear bomb research, but it could still act to influence a key report due next week, diplomatic sources said on Wednesday.

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GAZA/JERUSALEM (Reuters) - An open-ended ceasefire in the Gaza war held on Wednesday as Prime Minister Benjamin Netanyahu faced strong criticism in Israel over a costly conflict with Palestinian militants in which no clear victor emerged.

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