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Fed's primal divide - Is economy overheating or stuck in a rut?

ST. LOUIS Investors may be expecting a U.S. interest rate increase in December, but Federal Reserve policymakers remain divided over whether the economy is mired in a rut, strong enough to withstand an immediate hike or hovering somewhere in between.

VW CEO hopeful of deal with U.S. authorities by year-end

PARIS Volkswagen AG Chief Executive Matthias Mueller said on Wednesday he is hopeful the German automaker can reach agreement by the end of the year with the U.S. government on the size of a fine to settle a criminal investigation of the company's alleged violations of U.S. clean air laws.

Wells Fargo's CEO pay clawback puts Wall Street executives on notice

NEW YORK Wells Fargo & Co's unprecedented move to strip Chief Executive John Stumpf of $41 million in stock awards has sent a chill through Wall Street with bankers fearful that a hardening political climate against corporate wrongdoing will encourage boards to be more aggressive about making them forfeit pay.

EU warns Deutsche Boerse, LSE deal could harm competition

BRUSSELS/FRANKFURT EU antitrust regulators on Wednesday raised a raft of concerns over the proposed $28 billion (£21.56 billion) merger between Deutsche Boerse and the London Stock Exchange , saying it could hinder competition in key financial market activities.

FTSE recovers from one-week low as miners rally

LONDON Britain's blue-chip share index bounced back from a one-week low on Wednesday as engineering firm Smiths Group surged after posting higher-than-expected profits and miners tracked stronger metals prices.

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