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U.S. markets news

Bank stocks lift Dow to a new record, and tech shares climb
U.S. stocks resumed their climb Monday as investors bought stocks that stand to benefit from economic growth, such as banks, and picked up shares of technology companies, which have been mostly left out of a post-election rally.
Stocks jump as Dow closes at record high
Wall Street up as data points to strong economy  Yahoo News
Amazon Working on Several Grocery-Store Formats, Could Open More Than 2000 ... Inc. unveiled Monday its first small-format grocery store, Amazon Go, one of at least three brick-and-mortar formats the online retail giant is exploring as it makes a play for an area of shopping that remains stubbornly in-store.
How 'Amazon Go' works: The technology behind the online retailer' ...  GeekWire
How Amazon Plans To Totally Reinvent Grocery Shopping  TIME
Donald Trump's Tariffs Proposal Faces Pushback From Republicans
In a major early hurdle to Donald Trump's trade agenda, Republicans indicated on Monday they are not ready to support his proposed tariff on U.S.
In Split from Trump, GOP Leaders Emphasize Tax Overhaul Over Tariffs  Wall Street Journal (blog)
Trump's tax reform is a cliff dive into unknown waters  The Hill (blog)
Some IRS refunds to be delayed until Feb. 15
Attention holiday shoppers: You might not be able to count on receiving a federal tax refund in January to pay for those gift bills.
IRS, State Tax Agencies and Tax Software Makers Urge Taxpayers to Be On Alert
4 of the Most Overlooked Tax Credits and Deductions  Fox Business
Ford Sells $2.8 Billion in Auto Debt to Boost Tech Spending
Investors piled into Ford Motor Co.'s first automotive borrowing in almost four years, allowing the company to slash interest rates on a $2.8 billion debt sale as it boosts spending on self-driving cars, mobility services and electrified vehicles.
Ford Motor to raise $2.8 billion debt to fund new technology  Reuters
Ford Motor Aims to Raise New Long-Term Debt -- 3rd Update  Nasdaq
Carney Lays Out Vision to Revive Benefits of Globalization
Mark Carney launched a defense of globalization and set out a manifesto for central bankers and governments to boost growth and make the world economy more equal.
Bank of England's Carney warns of strains from globaliation  Reuters
Carney – get real, there are losers from free trade  BBC News
Berkshire Boost From Trump Tax Plan Seen as High as $29 Billion
Warren Buffett's Berkshire Hathaway Inc. could get a $29 billion boost to its book value under tax-rate cuts advocated by President-elect Donald Trump, according to Barclays Plc.
Donald Trump's Tax Plan Could Boost Warren Buffett's Company by $29 ...  Fortune
Buffett's Berkshire could get $29 billion Trump tax boost: analyst  Business Insider
Mexico Oil Auction Succeeds in Drawing World's Biggest Drillers
Mexico's first competitive deep-water oil auction surpassed expectations as eight of 10 blocks were awarded to some of the world's top oil companies.
Mexico's Pemex sees more tie-ups after first joint venture  Reuters
BHP Captures Deepwater Prize in Mexico's Auction With $624M Bid  Natural Gas Intelligence
For Europe's Unity, 2017 Will Be a Year of Reckoning
BOLZANO, Italy—Demands from the gathering forces of European populism range from erecting border fences to dismantling the euro.
Could the European Union fall apart?  BBC News
Asia stocks bounce as risk appetite returns after Italy vote  Reuters
Experts: Trump's tax breaks may not be enough to keep jobs in US
The incoming Trump administration has signaled it will use subsidies and other business incentives to keep jobs in the United States, seizing on a popular strategy that state governments have adopted to lure businesses to their towns.
The CEO of United Technologies just let slip an unintended consequence of ...  Business Insider
Fixing trade with Mexico requires raising labor standards  The Hill