Author: super@dmin
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TaxWatch: On Tax Day, here’s a tale of two returns — one nasty and one nice
Tax-return stories this year go from ‘great expectations’ to ‘bleak house.’
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Futures Movers: Oil retreats as Russia reportedly questions output cuts on concerns over market share
Oil futures start the week on a softer note, with prices headed lower Monday on the heels of multiweek gains as a Russian official reportedly questions his country’s participation in the OPEC-led production cut deal on concerns over market share.
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Economic Report: Empire State manufacturing index called ‘subdued’ as outlook component slumps to three-year low
The New York Fed said Monday its Empire State business conditions index rose in April, but still indicates that activity remains fairly subdued.
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Metals Stocks: Gold falls as U.S.-China trade talk progress dulls haven demand for the metal
Gold traded lower Monday, starting the week on a softer note, with apparent progress in U.S.-China trade talks helping to dull haven-related demand for the metal as investors also showed some disappointment that recent weakness in the dollar has failed to provide support.
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U.S. stocks now have higher support levels
The next breakout point in the S&P 500 is 3,010-3,040 points, according to Elliott Wave theory.
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Upgrade: Fewer than 25% of college graduates can answer 4 simple money questions correctly
And that doesn’t bode well for their ability to manage their finances after graduation
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Capitol Report: How a powerful ex-lawmaker’s move to UBS ranks in the revolving-door game
Former House Financial Services Committee Chairman Jeb Hensarling this month joined a private-sector enterprise in the finance industry — giant bank UBS, in his case.
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The Fed: Fed’s Evans says low inflation may freeze interest rates through most of 2020
Chicago Fed President said Monday that low inflation readings argue against further interest rate hikes.
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Need to Know: Cash to invest? Here are 3 countries you should consider ahead of the U.S.
The U.S. stock market has proven to be an historic juggernaut, and its stellar performance this year only solidifies its reputation. But is it time to diversify overseas? Our call of the day says “yes!”
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Europe stocks edge higher, supported by banks
Markets looked for direction as positive China signals failed to dispel larger concern