IRAN’S RIAL AT ALL-TIME LOW TO U.S. DOL­LAR

The Denver Post - - BUSINESS -

At money chang­ers across Tehran, shout­ing voices ac­com­pany each change of the sign­boards out front show­ing the value of the Ira­nian rial, which slips ever lower against the U.S. dol­lar.

This week saw Iran’s cur­rency fall to 41,600 ri­als to $1, its low­est point ever.

While mak­ing Ira­nian ex­ports more at­trac­tive to the world mar­ket in the wake of the nu­clear deal, it also means peo­ple’s sav­ings con­tinue to lose value in the coun­try.

2017 in­vest­ment fore­casts: Pos­si­bly good, no longer great. Get ready

for in­vest­ments to be merely good again.

They’ve been great for years, as both stocks and bonds have de­liv­ered fat re­turns since the worst of the fi­nan­cial cri­sis passed in 2009.

But af­ter such a strong and long gal­lop up­ward, mar­kets have many rea­sons to slow down, an­a­lysts and fund man­agers say.

Ford, Mer­cury cars in­ves­ti­gated for brake is­sue. The U.S. govern­ment

is in­ves­ti­gat­ing some Ford Fu­sion and Mer­cury Mi­lan cars be­cause the brake pedal may lose pres­sure, mak­ing it hard for driv­ers to stop the ve­hi­cle.

Three crashes were blamed on the brak­ing is­sue, the Na­tional High­way Traf­fic Safety Ad­min­is­tra­tion said Tues­day. NHTSA re­ceived 141 com­plaints.

The in­ves­ti­ga­tion cov­ers Fu­sion and Mi­lan model years 2007- 2009. NHTSA es­ti­mated that there are about 475,000 of those ve­hi­cles.

West Vir­ginia set­tling drug suit against 2 dis­trib­u­tors. Two ma­jor

pre­scrip­tion drug dis­trib­u­tors have agreed to set­tle a law­suit al­leg­ing they fu­eled West Vir­ginia’s opi­oid epi­demic with large ship­ments of painkillers into the state over sev­eral years.

Boone County Cir­cuit Court Judge Wil­liam Thomp­son dis­closed the “set­tle­ment in prin­ci­ple” in an or­der Tues­day can­celling fur­ther pro­ceed­ings. He di­rected Car­di­nal Health, AmerisourceBer­gen and the state at­tor­ney gen­eral’s of­fice to pro­vide de­tails by the week of Jan. 9.

The Charleston Gazette-Mail re­ports the set­tle­ments, with terms undis­closed, end the state suit against the com­pa­nies.

The news­pa­per’s in­ves­ti­ga­tion found drug

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