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Economics

China crash (Andy Wong / Associated Press)

China Stock Market Implosion Continues

Chinese stocks in Hong Kong fell to the lowest level in four years as mainland shares plunged, forcing an early halt to trading for the second day this week, after the central bank cut its yuan reference rate by the most since August.

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Judge: Facebook Must Face Fraud Suit in 2012 IPO

A federal judge has ruled that Facebook must face two class action lawsuits claiming the company concealed slowing ad growth in its initial public offering (IPO) in 2012, and helped its underwriters make a $2.4 billion profit by shorting 63 million shares on inside information.

Elon Musk (Scott Olson / Getty)

SolarCity and the Silver Spoon

Having a successful business takes a lot of hard work, good market analysis, a better product or service than the competition, and advertising. Add in a bit of luck, and hopefully it will grow. If, however, you are a politically favored business—say solar—your story is different.

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Global Stocks Sink After China Index Dives 7 Percent

SEOUL, South Korea (AP) — Chinese stocks plunged nearly 7 percent Monday, triggering an emergency trading suspension and pushing global markets sharply lower. The grim start to 2016 was caused by weak Chinese manufacturing data and tensions in the Middle East.

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Dining Out Will Get More Expensive in 2016

Few people earn the minimum wage, of course, but its impact is felt in parts of the economy, retail and food service, that Americans utilize every day. In some areas, years of labor union agitation have successfully raised the wage floor to a level that will dramatically affect Americans’ every day activities, making them more expensive.

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GOP Energy Report Card, 2015

Last year, when Republicans gained a decisive edge in both houses of Congress, I made predictions as to the six energy-policy changes we could expect—as the two parties have very different views on energy issues.

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Martin Jacques: The Rise of China and Decline of the U.S.

Martin Jacques, author of “When China Rules the World: The End of the Western World and the Birth of a New Global Order,” tells Breitbart News Daily that changes within China’s economy are largely responsible for the drop, and this is only the beginning of internal changes there sure to continue to impact U.S. and world finance in a big way.