In Today’s News

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Vanguard tops $1 trillion in assets outside the US, FT reports

In the next five years, the asset manager is seeking to more than double its international client count to nearly 40 million, the FT report said. Chris McIsaac, Vanguard’s international head, said the firm’s business outside the U.S. doubled its assets over the past five years, adding that “at this pace, it w … Read More »

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Pentagon foresees ‘more limited’ role in deterring North Korea

Jan 23 (Reuters) – The Pentagon foresees a “more limited” role in deterring North Korea, with South Korea taking primary responsibility, according to a policy document released on Friday, a move that could lead to a reduction of U.S. forces on the Korean Peninsula.South Korea hosts about 28,500 U.S. troops in … Read More »

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US storm leaves 800,000 without power, forces 10,000 flight cancellations

WASHINGTON, Jan 25 (Reuters) – More than 800,000 customers in the U.S. as far west as New Mexico were without electricity and over 10,000 flights were canceled on Sunday ahead of a monster winter storm that threatened to paralyze eastern states with heavy snowfall.Forecasters said snow, sleet, freezing rain a … Read More »

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