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Cheap Gas Revs Up Consumers—and the US Economy Drivers hitting the road this Labor Day weekend will enjoy the cheapest gasoline prices in three years, a boon to consumers who have remained confident, while fears of recession grip much of Wall Street. Price-tracking firm GasBuddy predicts the national ...
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Modi Creates Big Banks to Buoy Worse-Than-Expected India Growth India announced its most sweeping bank overhaul in decades minutes before data showed growth in Asia's No. 3 economy slumped to a six-year low. Four new lenders that result from a series of state-bank mergers will hold business worth 55.8 trillion rupees ...
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Dow rises 150 points amid trade optimism as Street ends wild August Stocks rose on Friday as the world's two largest economies showed a willingness to resolve their long-running trade dispute. Wall Street also wrapped up a month filled with volatility. The Dow Jones Industrial Average traded 150 points higher, or 0.6%.
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With racing and music events, Tesla gets over marketing allergy in China SHANGHAI/SAN FRANCISCO (Reuters) - Tesla Inc (TSLA.O) has always shown disdain for marketing, with CEO Elon Musk boasting his company does not advertise, instead using the money it would have spent to develop products. People attend a Tesla ...
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Global stocks rise on US-China trade hopes BEIJING — Global stocks rose Friday on hopes that next month's U.S.-Chinese talks might produce progress toward ending a costly tariff war over trade and technology. London and Frankfurt gained in early trading. Tokyo closed higher while Shanghai was ...
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Britain's banks face 25% earnings hit from no-deal Brexit - Citigroup LONDON (Reuters) - Britain's banks face a hit of up 25% to their earnings if Britain crashes out of the European Union without a deal, analysts at Citigroup (C.N) said in a research note. The economic slowdown that would result from a no-deal Brexit, as well ...
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Dell Technologies Stock Is Gaining After Earnings Show No Sign of a Tech Slowdown If there is a slowdown in the information-technology sector, Dell Technologies' CEO, Michael Dell, didn't get the word, an analyst at Evercore ISI wrote Thursday night. The company surprised Wall Street with strong results for the quarter that ended Aug. 2.
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Breaking news: driving an eScooter when you're drunk is a very bad idea Since 2017, rentable electric scooters have rapidly been sprouting up across the country. You can now spot jabronis in at least 65 different cities scooting down streets and in-and-out of bike lanes, often sans helmets. And to the surprise of no one, research ...
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Ulta Beauty stock tanks after retailer warns of 'sales headwinds' Shares of Ulta Beauty Inc. ULTA, +2.14% fell more than 14% in the extended session Thursday after the specialty retailer reported fiscal second-quarter results and warned about "industry-wide sales headwinds." Ulta said it earned $161.3 million, or $2.76 a ...
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Stocks Jump, Treasuries Drop as Rocky Month Closes: Markets Wrap (Bloomberg) -- U.S. equities climbed alongside European and Asian stocks on the final trading day of a tumultuous month dominated by the trade war. Treasuries stayed lower and the dollar was steady after a key measure of inflation came in as expected.
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Canada's economy expanded 0.2% in June despite manufacturing slowdown For the second month in a row, Toronto Raptors playoff run helped boost spending to have impact on GDP. CBC News · Posted: Aug 30, 2019 8:54 AM ET | Last Updated: in 12 hours. The Raptors run to the NBA championship in April through June spurred ...
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Huge Crowds Descended Upon a Smyrna KFC Tuesday for Vegan Fried 'Chicken' Nuggets On Tuesday, August 27, people from around metro Atlanta descended upon a Kentucky Fried Chicken (KFC) in Smyrna, Georgia hoping to be the first in the nation to try the fast food chain's vegan "chicken" wings and nuggets. By noon, a logjam of cars trying ...
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Cathay warns staff face sack if they join Hong Kong strike Signage of local flag carrier Cathay Pacific is displayed near a check-in counter at Chek Lap Kok, Hong Kong's international airport, on August 24, 2019. (Photo: AFP/Anthony Wallace). 30 Aug 2019 01:56PM (Updated: 30 Aug 2019 02:00PM ) ...
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Lord & Taylor in Moorestown Mall to close The Lord & Taylor department store in the Moorestown Mall will close, a spokesperson for the company that recently entered into an agreement to acquire the department store confirmed Thursday. MOORESTOWN — The Lord & Taylor department store in the ...
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'It sure looked like' Levandowski took Google's files: Uber CEO Uber Technologies Inc. (UBER:UN) Chief Executive Officer Dara Khosrowshahi said Thursday that "it sure looked like" former executive Anthony Levandowski took information on self-driving cars from his former employer, Google. Prosecutors charged ...
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