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BERLIN – Swiss media reports say a large fire has broken out in the northern city of Olten, with witnesses describing several explosions. The Oltener Tagblatt newspaper reported that the fire started on a construction site on Tuesday afternoon. Solothurn cantonal (state) police were unable to immediately provide information about …

LONDON – Bank of England of Gov. Mark Carney is suggesting that interest rates could rise from their record low of 0.5 percent as soon as the end of the year as Britain’s economic recovery continues to gather strength. In a speech Thursday to mark the 800th anniversary of the …

One of the best-loved stories about the squeeze on middle-class incomes in the U.S. concerns the long-term divergence between wages and productivity. This goes as follows: Wages have stagnated for decades even as output and profits kept going up. Owners of capital grabbed all the gains. For those who tell …