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Apple is reportedly in talks to purchase the Jay Z-backed music service Tidal. The news comes as music rival Spotify is supposedly angry at Apple as well for taking its time to approve its new app.

Brexit shattered the post-war consensus in Europe. Markets were stunned. Calm has returned but for how much longer?

Here's what you need to know about the markets before you start your business day.

The state of Rio de Janeiro received a $900 million bailout from Brazil's federal government Thursday to help it beef up security before the Summer Games.

President Obama signed a bill known as PROMESA (Spanish for "promise") to help Puerto Rico get out of a $70 billion debt burden.

Lionsgate, the studio behind the popular "Hunger Games" movies, is buying cable network Starz. It's another example of the clout that John Malone, who backs both companies, has in Hollywood.

Young investors were more aggressive than their older cohorts during the Brexit-fueled market turmoil, according to Fidelity stats shared exclusively with CNNMoney. It's part of a broader shift of Millennials becoming more bold during market scares.

Bank of England Governor Mark Carney expects the economy to slow sharply. He thinks the bank may have to act fast to boost growth.

Here's a blockbuster merger Willy Wonka could get behind: The maker of Cadbury has offered to acquire iconic iconic chocolate maker Hershey.

Electricity prices in Puerto Rico are going up 8% in August and likely by 26% by early 2017. It's the latest hit to the struggling island economy.

Investors seem to be over the Brexit fears that gripped the market just after the U.K. voted to leave the European Union. But experts say that the volatility isn't over yet.

Hertz inked a deal on Thursday to provide rental cars to Uber and Lyft drivers in the U.S. who don't have a car.

As China has risen to become the No. 2 economy, it has repeatedly used money and markets to get what it wants on the world stage, say foreign policy experts Robert Blackwill and Jennifer Harris.

A top Singaporean bank says it has stopped providing loans for London property purchases.

Here's what you need to know about the markets before you start your business day.

Already suffering from a heartbreaking loss and the potential early retirement of soccer legend Lionel Messi, Argentines got more bad news about their economy Wednesday.

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The amount of oil sitting in storage tanks plunged last week, the sixth-straight weekly decline. But analysts caution that the shrinking inventories is more about summer driving season than improving oil market fundamentals.

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General Electric's lending business finally shed the dreaded requirements placed on firms that pose a threat to the American financial system.