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The pound slumped Monday on reports British Prime Minister Theresa May was ready to take the country out of the European Union in a so-called "hard Brexit". Sterling's weakness sent London's FTSE 100 index to a fresh record high, although the index later fell back and closed with a slight loss, ending a record 14-session winning streak. "The main action today has been on the currency market with the pound sliding to its lowest levels since the October flash crash, below 1.2000 against the US dollar, as markets price in further uncertainty ahead of tomorrows scheduled speech by UK Prime Minister Theresa May about how the UK intends to conduct its Brexit negotiations," said Michael Hewson, chief market analyst at CMC Markets UK.
CANCUN, Mexico (AP) — A shooting attack at an electronic music festival in Mexico's Caribbean coast resort of Playa del Carmen on Monday left five people dead, including two Canadians, an Italian and a Colombian, authorities said.
WASHINGTON (AP) — Charter school advocate Betsy DeVos is widely expected to push for expanding school choice programs if confirmed as education secretary, prompting pushback from teachers unions. But Democrats and activists also are raising concerns about how her conservative Christian beliefs and advocacy for family values might impact minority and LGBT students.