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  • Trump says aides rejected his request to adjust value of dollar
    Business
    Reuters

    Trump says aides rejected his request to adjust value of dollar

    U.S. President Donald Trump on Monday said he was rebuffed when he asked officials to adjust the exchange rate of the dollar to counteract what he described as repeated currency manipulation by China of its yuan. Trump told thousands of supporters at a political rally in Dayton, Ohio, that his policies were saving jobs in the political battleground state after years of inaction to confront China's aggressive behavior in global markets. The Republican president, who is seeking reelection to a second term in the Nov. 3 national poll, repeated his claim - which China denies - that Beijing deliberately changes the value of its currency to gain competitive advantage in global markets.

  • Online used-car retailer Carvana sees record third quarter as vehicle demand rebounds
    Business
    Reuters

    Online used-car retailer Carvana sees record third quarter as vehicle demand rebounds

    "The momentum that we saw in the second quarter accelerated into the third, leading to record performance for Carvana," Chief Executive Officer Ernie Garcia said. A rebound in sales has seen major automakers scramble to ramp up production and boost inventories at dealerships. Carvana also said it plans to offer up to $1 billion in aggregate principal amount of senior notes, due in 2025 and 2028.

  • Business
    TheStreet.com

    Peloton Slips After Echelon Reveals $499 'Prime Bike' With Amazon

    Peloton falls after rival exercise bike maker Echelon and e-commerce giant Amazon.com reveal a competing tech-enabled bike at a significantly lower price.

  • Business
    MarketWatch

    Your retirement probably won’t be anything like your parents’…and that’s not good news

    When are we going to get real about the looming retirement and aging crisis in this country? The latest evidence that there’s an iceberg straight ahead comes courtesy of the Transamerica Center for Retirement Studies, which has just published its 20 annual retirement survey of U.S. workers.