Policy Finance / Economy

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American International Group's headquarters in New York. CEO Brian Duperreault expects the insurer to benefit this year from a GOP-led tax cut whose provisions fueled a fourth-quarter loss. (Michael Nagle/Bloomberg)

AIG chief builds 2018 'momentum' with lower tax rate, Validus deal

By James Langford |
CEO Brian Duperreault says the GOP-led tax overhaul, which hurt the insurer's fourth-quarter performance, will provide long-term benefits.

Dow posts second 1,000-point drop this week as lower jobless claims renew rate-hike worries

By James Langford |

The four-week moving average of initial jobless claims dipped to 224,500, the lowest since 1973, according to the Department of Labor.

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US markets slide as lower jobless claims renew rate-hike worries

By James Langford |

The four-week moving average of initial jobless claims dipped to 224,500, the lowest since 1973, according to the Department of Labor.

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Jobless claims are running at the lowest level in nearly 45 years

By Joseph Lawler |

Forecasters had expected claims to rise slightly from 230,000 to about 235,000. Instead, they dropped to the second-lowest level of the reco...

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