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| Optimism on trade and global growth knock dollar NEW YORK (Reuters) - The euro, the pound and a clutch of trade-sensitive currencies rallied as the dollar slid to a six-month low on Tuesday, as investor confidence in global growth prospects and the Phase 1 U.S.-China trade deal spurred a risk-on move. | |
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| The stock market boomed in 2019. Here's how it happened It was a year that began with investors courting a bear market and ended with the biggest gains from stocks since 2013. Twelve months ago, few could have imagined the S&P 500 delivering a gain of more than 28% in 2019. It was a performance that flirted ... | |
| Tesla Turns to China With US Tax Credit Ending Tesla Inc. marks the beginning of a new era this week: the loss of a U.S. tax credit that effectively lowered the price of its vehicles and helped build interest in fledgling electric cars. The end of the U.S. tax credit on Jan. 1 for the company's customers comes as ... | |
| HBO Can't Grow Without HBO Max WarnerMedia's head of direct-to-consumer streaming, Bob Greenblatt, has a secret. "The dirty little secret is that HBO has hit a ceiling," the AT&T (NYSE:T) exec told Hollywood Reporter. HBO was once the premier source for premium commercial-free content. | |
| What 2020 could bring for the stock market New York (CNN Business) 2019 was a heck of a year for US stocks, but can the market keep soaring in 2020? Stocks face several obstacles to growth in the new year: The Federal Reserve has stopped cutting interest rates. The economic jolt from tax cuts has ... | |
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| Stock Market News: Canopy Gets Higher; Core Labs Slashes Dividend The final day of 2019 didn't bring a lot of action on Wall Street, as investors seemed content to celebrate what's been an extremely strong year for stocks. Given how negative sentiment was at the end of 2018, this year's performance has been a testament to ... | |
| Is Activision Blizzard's Stock Fairly Priced? Activision Blizzard's (NASDAQ: ATVI) stock is fairly priced in our view. We estimate the price to be $62 per share based on expected 2020 earnings, which compares with the current market price of $59. Activision Blizzard's stock price has grown around 30% ... | |
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| Oil falls but on track for biggest yearly rise since 2016 NEW YORK (Reuters) - Oil prices fell about 1% on the last trading day of the decade on Tuesday but were still on track for monthly and annual gains, supported by a thaw in the prolonged U.S.-China trade row and Middle East unrest. FILE PHOTO: FILE ... | |
| Better Buy: Aurora Cannabis vs. Charlotte's Web Neither Aurora Cannabis (NYSE:ACB) nor Charlotte's Web (OTC:CWBHF) has escaped the bloodbath cannabis stocks experienced this year. Since early January, Aurora's shares have plunged by about 55%, while Charlotte's Web's shares are down by ... | |
| Google to end 'Double Irish, Dutch sandwich' tax scheme AMSTERDAM (Reuters) - Google parent Alphabet (GOOGL.O) will no longer use an intellectual property licensing scheme, known as the "Double Irish, Dutch sandwich", which allowed it to delay paying U.S. taxes, 2018 tax filings show. FILE PHOTO: The logo ... | |
| 3 Things That Can Go Wrong for Chipotle Stock in 2020 Everything seems to be rolling along nicely for the cult-fave burrito chain, but this doesn't mean that sailing will be guacamole smooth in the year ahead. Rick Munarriz. (TMFBreakerRick). Dec 31, 2019 at 9:45AM. Author Bio. Since 1995, Rick has been writing ... | |
| 9 Leveraged ETFs That More Than Doubled in 2019 Wall Street has witnessed a spectacular run this year, braving all the woes including recession fears, geopolitical tensions, U.S.-Sino trade spat and talks of Trump's impeachment. All the three major indices have hit record highs, with the Dow Jones and the ... | |
| Our best recipes from 2019 Two thousand nineteen was the year of Japanese soufflé pancakes. It was the year of empanadas, of biscuits, of salty caramel ice cream. It was, just a couple of weeks ago, the year of Beef Wellington. Beef Wellington! For that matter, it was also the year of ... | |
| Microsoft takes legal action against North Korean hackers Microsoft isn't playing around. James Martin/CNET. Microsoft filed a court case against a cybercrime group to disrupt its attacks on the public. The North Korea-based hackers used phishing emails and fake websites pretending to be the Windows maker to ... | |
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| US Consumer Confidence Ticked Down in December BALTIMORE — U.S. consumer confidence slipped ever so slightly in December, as expectations fell about economic growth over the next six months. The Conference Board said Tuesday that its consumer confidence index edged down to 126.5 from ... | |
| InsightFinder get $2M seed to automate outage prevention InsightFinder, a startup from North Carolina based on 15 years of academic research, wants to bring machine learning to system monitoring to automatically identify and fix common issues. Today, the company announced a $2 million seed round. IDEA Fund ... | |
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| Kansas cop resigns after 'joke' about McDonald's blows up (CNN) — A Kansas police officer who claimed a McDonald's employee wrote a slur on his coffee receipt has resigned, the city's police chief said. "In (our) investigation we have found that McDonald's and its employees did not have anything whatsoever to do ... | |
| TSX falls on energy declines; set for best year in a decade Dec 31 (Reuters) - Canada's main stock index fell on Tuesday, with energy companies leading declines, as oil prices fell on the last day of 2019. * At 9:41 a.m. ET (1441 GMT), the Toronto Stock Exchange's S&P/TSX Composite index .GSPTSE was down ... | |
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| UPDATE 1-India cuts tax on palm oil imports, could lift shipments ... * India cuts import tax on CPO to 37.5% from 40% earlier. * Refined palm to be taxed at 45% vs 50% earlier. * Duty gap between crude and refined palm oil narrows. * Palm oil imports may jump in coming months-refiners (Adds details, quotes). By Rajendra ... | |
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| 3 Reasons Cannabis Stocks Face-Planted in 2019 This was supposed to have been the year that marijuana stocks became the complete package. We knew that the industry offered high growth potential, as evidenced by the tens of billions of dollars in weed sales annually on the black market, and we were ... | |
| Ford Says Reservations For Mustang Mach-E First Edition Are Full (RTTNews) - Ford said that reservations are officially full for the First Edition of its all-electric Mustang Mach-E electric sport utility vehicle. The automaker noted that other versions of the crossover like the Premium edition and the GT are still available for ... | |
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| Germany shuts nuclear plant as it phases out atomic energy BERLIN — Germany is shutting down one of its seven remaining nuclear power plants as part of a planned phase-out of atomic energy production by the end of 2022. Utility company EnBW has said it will take the Philippsburg Nuclear Power Plant off the grid ... | |
| Facebook Faces Fine for Improper User Data Sharing in Brazil Facebook (FB - Free Report) continues to be under fire over privacy concerns. The company is under pressure for violating user data protection in Brazil, per a Reuters report. Reportedly, Brazil's Ministry of Justice has levied a fine of 6.6 million reais or $1.6 ... | |
| Trump says he'll sign first-step China trade deal on Jan. 15 The first phase of a U.S.-China trade agreement will be inked at the White House in mid-January, President Donald Trump announced Tuesday, adding that he will visit Beijing at a later date to open another round of talks aimed at resolving other sticking ... | |
| Global stock markets post best year since financial crisis Global stock markets have posted their best year since the aftermath of the financial crisis a decade ago, as US technology investors and shares in eurozone and Asia-based companies drove a worldwide rally. The MSCI World Index, which tracks stocks ... | |
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| U-Haul to begin nicotine-free hiring policy If you want to "get your career moving" with U-Haul International, you better nix that smoking habit. The do-it-yourself moving and storage company is slated to become the first in its field to decline applicants who use nicotine. Continue Reading Below. | |
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| AAA: Mass. gas prices flat despite holiday demand In spite of record-breaking holiday travel, gasoline prices in Massachusetts are unchanged this week, according to AAA Northeast. AAA Northeast's weekly survey of prices in the Bay State found that self-serve, regular unleaded gasoline averaged $2.52 per ... | |
| Ivanka Trump To Keynote CES Conference in Vegas Ivanka Trump, daughter and advisor to the President of the United States, has been named a keynote speaker at the Consumer Electronics Show in Las Vegas next week. Ivanka Trump. "As a business leader and entrepreneur, Ivanka Trump is an advocate ... | |
| Judge temporarily blocks California's forced arbitration law By DON THOMPSON Associated Press. SACRAMENTO, Calif. (AP) - A federal judge on Monday temporarily blocked a new California law outlawing mandatory arbitration agreements that critics say can make it more difficult for workers to sue their bosses for ... | |
| A guide to saving in 2020 If you're looking to save a few quid in the new year or you're looking to reach a particular financial goal, here are 10 things to consider... Easy access vs fixed rate and notice accounts. Easy or instant access savings accounts allow you to deposit and withdraw ... | |
| China's Shanghai index had its best year since 2014 China's Shanghai Composite just finished its best year since 2014. The index ended the year up 22% after closing higher on Tuesday, its last trading day of 2019. That's the best performance since the index recorded a 53% gain five years ago. That also ... | |
| Tekla Healthcare Investors Paid Distribution On December 31, 2019, Tekla Healthcare Investors paid a distribution of $0.41 per share. It is currently estimated that this distribution is derived from net realized short-term capital gains and net realized long-term capital gains. The composition of this and ... | |
| Winter Weekend Travel Discounted On Capitol Corridor Trains Amtrak is offering half-off its Capitol Corridor train fares for winter weekend travel through March 15, 2020. "After the holiday season people are always looking for ways to save, and we're excited to be able to offer this discount to anyone who wants to explore ... | |
| Canadian dollar rises, yearly gain of 5% tops G10 currencies TORONTO (Reuters) - The Canadian dollar strengthened to a 14-month high against its U.S. counterpart on Tuesday as data from China supported the view that the global economy is recovering, pushing the loonie's annual rally to 5%, the biggest of any G10 ... | |
| US Steel Pulls Plug on Detroit Plant Geared to Auto Industry by Joseph Szczesny | Dec 31, 2019. U.S. Steel is shutting down its Great Lakes Works facility near Detroit. Despite a promise from the Trump administration that tariffs would protects jobs in the steel industry, a plant that made steel for automakers and as well ... | |
| What to do if your SIP is delivering negative returns? Abhay Kushwaha,32, a software engineer, after trying his hands with direct stock investing and incurring losses thought of investing in mutual funds through systematic investment plans (SIP), thinking it is much safer of investing. But he is among the worried ... | |
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