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News

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Morgan Stanley To Exit Russia As Sanctions Bite

May 08, 2019 at 15:00

U.S. banking giant Morgan Stanley (NYSE:MS) has established a reputation as a proficient high-profile M&A deal broker--not to mention the go-to house for defence mandate against unsolicited bids

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Banks Are Doubling Down On Risky Credit Card Debt

May 08, 2019 at 10:00

While a blowup in credit card debt - which has eclipsed mortgage debt and auto-loan debt - isn't an immediate danger,

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U.S. Energy Department Builds World's Fastest Supercomputer

May 07, 2019 at 12:00

The U.S. Department of Energy announced on Tuesday a multi-million contract to Cray Inc and AMD, who will build the world’s fastest supercomputer

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Apple Loses Ground In China As Huawei Hits Back

May 05, 2019 at 18:00

Apple’s iPhone shipments in the Middle Kingdom have shrunk for the second quarter running, with the company put to the ropes by China’s telecom upstart, Huawei

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Millionaires Are Migrating In Record Numbers

May 04, 2019 at 18:00

The number of millionaires who migrated last year represents a 14-percent increase over the previous year--and more than double the number in 2013.

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Congress Agrees On $2 Trillion Infrastructure Plan

May 04, 2019 at 12:00

resident Trump and Democratic congressional leaders plan to spend $2 trillion on US roads, bridges, power grids, water and broadband infrastructure 

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American Farmers See $11.8B Loss In Income

May 01, 2019 at 15:00

America's farmers are living through one of the worst economic crises in recent memory thanks to a perfect storm of low commodity prices, record flooding and trade wars

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Goldman Suddenly Goes Cold On Commodities

Apr 30, 2019 at 15:00

Commodities have been hot property this year, racking up the best returns and even outperforming equities during a banner first quarter

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Tesla Launches Solar Panel Fire Sale

Apr 30, 2019 at 12:00

Tesla will cut the prices of its solar panels by as much as 38 percent below the national average in a bid to regain ground in the solar market

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Avengers Endgame Posts Recording Breaking $1.2 Billion Haul

Apr 29, 2019 at 18:00

Marvel's latest in the Avenger sage has broken at least a hundred different box office records since tickets went on sale in early April