Author: super@dmin
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The Ratings Game: Square stock falls after earnings as analysts digest revenue slowdown
Square Inc. just reported what one analyst described as a “very Square-like quarter,” but Wall Street is fretting about what’s to come for the fintech darling.
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The Tell: Nearly half of all tech executives say the blockchain revolution is coming, survey finds
A surprising number of tech companies are hitching their cart to blockchain and expect major changes to their business as a result, within just a few years. That’s according to a recent survey conducted by Big Four accounting firm KPMG.
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Economic Report: Mortgage rates stay subdued as housing reform issues grab the spotlight
Rates for home loans were little changed near recent lows, a breath of fresh air for the housing market that may be reinforced by policy from Washington.
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Outside the Box: The simple—yet surprisingly difficult—steps to financial security
The evolution to financial success
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Cryptos: Bitcoin rises 2% but ‘demand is still a serious problem,’ says analyst
Bitcoin prices were moving higher on Thursday, gaining as much as 2% and dragging the digital currency more than 3.5% off Wednesday’s low.
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Market Snapshot: Stock-index futures pare loss after better-than-expected GDP
U.S. stock-index futures on Thursday trim a modest decline after a reading of fourth-quarter GDP came in higher than expected.
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Metals Stocks: Gold rises as U.S.-North Korea denuclearization talks end abruptly
Gold prices gain on Thursday partly propelled by softness in the dollar, with fresh political worries in the globe also providing some support for the precious metal.
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Europe Markets: Europe’s markets succumb to more losses as global geopolitical tensions rise
Europe’s markets were down on Wednesday, after investors digested a range of world-wide geopolitical concerns, including the first day the Trump-Kim summit’s abrupt end and heightening hostility between Pakistan and India.
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Bond Report: Treasury yields retreat after biggest yield jump in a month, ahead of GDP
U.S. Treasury yields pull back on Thursday as fixed-income investors await a key reading of gross domestic product, which is likely to give a fresh read of the pace of America’s expansion and influence trade on the day.
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The Fed: Fed’s Clarida says ‘patient’ approach likely means no need for ‘preemptive’ interest-rate moves
Fed Vice Chairman Richard Clarida on Thursday said he wouldn’t support preemptive hikes to counter inflation, saying the central bank can wait until the data flow in to make decisions on interest rates.