Money & Markets

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Express and TurboTax maker Intuit sink on weak forecasts
NEW YORK (AP) -- Stocks that moved substantially or traded heavily on Wednesday:...

Kenya's president signs law to cap banks' interest rates
NAIROBI, Kenya (AP) -- Kenyan President Uhuru Kenyatta says he has signed into law a bill that caps interest rates for bank lending and deposits....

Commodities giant Glencore trims loss after asset sales
GENEVA (AP) -- Swiss commodities producer Glencore says it narrowed its net loss in the first half of 2016, after selling billions of dollars' worth of assets to slash debt as global economic concerns soured the market for raw materials....

Qantas posts record $1.1 billion profit amid restructuring
SYDNEY (AP) -- Qantas Airways Ltd. posted a record full-year profit of 1.53 billion Australian dollars ($1.1 billion) on Wednesday, after undergoing a cost-saving restructuring amid steep losses just two years ago....

Best Buy posts higher profit, better online and store sales
NEW YORK (AP) -- Best Buy's profit jumped 21 percent as the nation's largest consumer electronics retailer increased sales online and tried to create a better shopping experience in the stores while it also cut costs....

New estimates: Deficit increase after years of declines
WASHINGTON (AP) -- A new government report released Tuesday blames lower-than-expected tax revenues for a spike in this year's budget deficit to $590 billion. That's an increase of about one-third over last year's tally....

Eurozone business resilient in face of Brexit uncertainties
LONDON (AP) -- Business activity across the 19-country eurozone grew at a steady, moderate pace in August as the region continued to show little concern about the impact of a British exit from the European Union....

Wal-Mart and NetApp advance; Cisco and Agilent slip
NEW YORK (AP) -- Stocks that moved substantially or traded heavily on Thursday:...

Gap offers muted outlook for annual earnings, lower profit
NEW YORK (AP) -- Gap offered a downbeat annual profit outlook late Thursday after reporting a 43 percent drop in net income for the second quarter, weighed down by moves to close stores....

Stocks keep going up, and investors keep saying no thanks
NEW YORK (AP) -- Stocks keep reaching new heights, and investors keep giving them the side eye....

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