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U.S. manufacturer growth slowed to the lowest level in almost 10 years in August, the latest sign that the trade war may be exacerbating the economic slowdown.Marketsread more
Philadelphia Fed President Patrick Harker said he doesn't see the case for additional stimulus after the Federal Reserve's July rate cut.The Fedread more
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Former Prudent Bear Fund manager David Tice is urging investors to brace for a massive downturn.Trading Nationread more
German Chancellor Angela Merkel said a solution to the Irish "backstop" is possible before the October 31 Brexit deadline.Europe Economyread more
Apple plans to unveil three new iPhones in September, including two new "Pro" models and a successor to the iPhone XR, Bloomberg reported Thursday.Technologyread more
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While Volkswagen may not want to invest in Tesla, the U.S. carmaker has been scouting locations in Europe for a new Gigafactory there.Autosread more
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Christie's auction house has announced it will offer a 1955 masterpiece by Pablo Picasso for an estimated $140 million.
"Women of Algiers (Version O)" will hit the auction block on May 11.
The vibrantly colorful work features a scantily attired female amid smaller nudes. It is part of a 15-work series Picasso created between 1954 and 1955.
It'll be offered with a group of two dozen other major 20th century works in a stand-alone sale called "Looking Forward to the Past."
Christie's didn't reveal the seller, but said the collector acquired the painting at Christie's in 1997 for $31.9 million.
The current record for any artwork sold at auction is held by Francis Bacon's triptych "Three Studies of Lucian Freud." It sold at Christie's for $142.4 million in 2013.