• Confident in Mnuchin, but rates rising too fast
Confident in Mnuchin, but rates rising too fast

Before Tuesday's comments, one person familiar with the president's thinking said that Trump had weighed dismissing Mnuchin, while another said that Mnuchin's tenure may depend in part on how much markets continue to drop. The call - something that usually would come only during a deep crisis - came despite the fact that there was no widesp...

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  • Trump takes ‘tracking Santa’ calls from children
Trump takes ‘tracking Santa’ calls from children

But any concerned parties can breathe easy knowing that in spite of a government shutdown that may or may not continue on through the new year, the government organisation that's tracked Santa's Christmas Eve world tour for more than 60 years is still on.

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  • Oil market likely to rebalance early 2019: Opec ministers
Oil market likely to rebalance early 2019: Opec ministers

The selling in global risk assets on Christmas Eve deepened a almost three-month slide in oil prices. Officials from Iraq, Kuwait and the United Arab Emirates agreed with Saudi Arabia's expectation that the group, along with Russian Federation and other oil producers, will extend the agreement for another six months.

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  • Food and Liquor Stores Open Christmas Eve and Christmas Day 2018
Food and Liquor Stores Open Christmas Eve and Christmas Day 2018

Open Christmas Eve and Christmas Day , Ruth's Chris Steakhouse advises customers to make reservations for their Holiday Surf & Turf and 3-Course Holiday menus. Of the grocery stores open on Christmas Day , most have limited business hours. Open normal hours (check individual locations for pharmacy hours).

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  • Christmas 2018: What's open and closed?
Christmas 2018: What's open and closed?

While Fairview Mall will open from 10 a.m.to 9 p.m. Best Buy is open from 7 a.m. until 6 p.m. Christmas Eve , but it closed on Christmas Day . QuikTrip and KwikShop locations will also be open on Christmas Day . So to help you keep track, 21 News has compiled a list of a few places where you can get your last-minute gifts on Christmas Eve...

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  • Late surge in trading as shoppers head out on Christmas Eve
Late surge in trading as shoppers head out on Christmas Eve

Royal Ontario Museum Christmas Eve - 10 a.m.to 5:30 p.m. Christmas Day - closed Boxing Day - 10 a.m.to 7 p.m. High street retailers have been battling higher costs, low consumer confidence as shoppers reign in spending amid Brexit uncertainty and people increasingly shopping online rather than visiting bricks-and-mortar stores.

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  • Jennie-O recalls more ground turkey due to potential salmonella contamination
Jennie-O recalls more ground turkey due to potential salmonella contamination

The potentially contaminated turkey was shipped all over the country to many different retailers. The latest recall comes from ground turkey products produced in Minnesota on October 22 and 23 and labeled with establishment number P-579 on the side of the tray.

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  • There might never have been drone activity over London airport
There might never have been drone activity over London airport

Despite police assurances over identity, two people were named across large sections of the media with their photographs appearing on most national newspaper front pages. Over 1,000 flights were cancelled or diverted and at least 140,000 passengers were affected between Wednesday and Friday. He said: "Every time I need to work near the airport ...

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  • Powerful winds, snow warnings in B.C. cuts off power, cancels ferries
Powerful winds, snow warnings in B.C. cuts off power, cancels ferries

BC Hydro said the task of restoring power continues to be challenging and requires individual repairs in many cases, including re-stringing hundreds of spans of power lines and replacing power poles and transformers. The city's emergency operations centre has been activated and staff are preparing contingency plans in the event that the water treat...

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  • Oil slumps to lowest in a year as stock markets sink
Oil slumps to lowest in a year as stock markets sink

Since oil prices are indexed to the greenback, increases in the value of the US dollar would lower crude demand around the world. As of 10:00 a.m. EST, West Texas Intermediate crude oil future prices fell 3.1 percent to $46.68 per barrel, while Brent crude future prices declined 2.6 percent to $55.77 per barrel.

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  • Post Offices Will Stay Open on the Christmas Eve Holiday This Year
Post Offices Will Stay Open on the Christmas Eve Holiday This Year

GO Transit and UP Express will offer free service on New Year's Eve after 7 p.m. and additional late-night train service. Former presidents Barack Obama and George W. Two locations, 1860 Bank St. and 515 Somerset St. will open on Boxing Day from 10 a.m.to 6 p.m., but all other locations will be closed until December 27.

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  • Facebook’s Bitcoin rival will be used for WhatsApp money transfers
Facebook’s Bitcoin rival will be used for WhatsApp money transfers

According to the World Bank, people sent $ 69 billion back home to India past year. However, the report added the actual launch of the stablecoin could still be a way off, since the initiative is at a strategic planning stage. In 2018, admittedly we all believed that the potential crypto race was over when Facebook moved to ban all forms...

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  • Nissan chairman Carlos Ghosn re-arrested in Japan
Nissan chairman Carlos Ghosn re-arrested in Japan

At the same time, they re-arrested him on suspicion of also under-reporting his income by a further four billion yen over the past three years. On Thursday, a court rejected a request to extend his detention, signalling that he could apply to be released on bail.

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  • Federal Government Shuts Down After Lawmakers Fail to Reach Deal
Federal Government Shuts Down After Lawmakers Fail to Reach Deal

The Senate, which had gaveled in with the House for a rare weekend session, adjourned until Christmas Eve, but won't return for a full session until December 27. "News reports concerning the Shutdown and Syria are mostly FAKE". As the clock ticked, a partial government closure appeared likely, with Trump and congressional Democrats refusing to ...

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  • USA stocks suffer worst week in a decade
USA stocks suffer worst week in a decade

Friday's plunge was fueled in part by technology losses. It's the first year since World War II that the S&P 500 has had two corrections in the same calendar year. Relative to their size, they also tend to carry more debt than larger companies, which could be a problem in a slower economy with higher interest rates .

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  • Tobacco giant Altria takes stake in Juul e-cigarettes for $12.8 bn
Tobacco giant Altria takes stake in Juul e-cigarettes for $12.8 bn

Altria, which sells its cigarettes only in the USA, benefits from global exposure as Juul expands to new markets outside the country. The planned investment by Altria would value Juul at $38 billion, more than double its last valuation of $16 billion, making it one of the largest start-up companies in the world, ahead of Airbnb, the room listin...

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  • Government to meet fiscal deficit target of 3.3%: Jaitley
Government to meet fiscal deficit target of 3.3%: Jaitley

However, for tickets above Rs 100, GST has been reduced to 18 percent. Extending the Composition scheme to small service providers. "A scheme of single authority for disbursement of the refund amount sanctioned by either the Centre or the state tax authorities would be implemented on pilot basis".

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  • Ford recalling 874,000 pickup trucks in North America
Ford recalling 874,000 pickup trucks in North America

The block heater cable hangs from the truck and can be plugged into an outlet in a home garage. The problem was discovered in October when the company had three reports of fires involving trucks in Canada, Forbes reported. The recall will begin in early January, with Ford dealers inspecting and sealing the block heater cable, or replacing it ...

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  • Nine more arrested in Morocco over tourist ‘ISIS revenge’ murders
Nine more arrested in Morocco over tourist ‘ISIS revenge’ murders

A graphic video purportedly showing Ms Jespersen's throat being slit, which is too graphic to publish, is still being widely shared on numerous social media platforms despite pleas for the footage to be removed. "We trust that Moroccan authorities are doing their utmost to arrest those responsible for the murders", she told a news conference. A...

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  • German court bans some iPhone sales over Qualcomm dispute
German court bans some iPhone sales over Qualcomm dispute

The company further added that, "Their tactics, in the courts and their everyday business, are harming innovation and harming consumers". However, Apple told CNBC that the company plans to appeal the ruling. As a reminder, the entire conflict between Apple and Qualcomm is centered on the patent that enabled iPhones to employ the usage of the batt...

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