Author: super@dmin
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Capitol Report: There’s now a scooter lobby: A startup hopes to influence infrastructure bills
While scooter startups are mostly regulated by cities, they have started to zip around Washington, D.C., in hopes of influencing any upcoming federal action on the country’s infrastructure. Shared-scooter company Lime disclosed in a recent filing that it has hired a heavyweight lobbyist firm, Akin Gump Strauss Hauer & Feld, for work on “policies supportive…
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Currencies: Dollar takes dive after Fed’s Clarida strikes dovish tone
The U.S. dollar sold off versus its major rivals early Friday in New York, after Federal Reserve Vice Chairman Richard Clarida offered some dovish comments. The ailing buck gave more room to rebound to the British pound, which recovered from its worst one-day performance in more than two years on Thursday. Clarida said in an…
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Bond Report: Treasury yields slide after dovish remarks from Fed’s No.2 Clarida
Treasury yields slumped on Friday, extending their weeklong decline, after a senior Federal Reserve official voiced concerns over softer global growth, potentially opening the door to less rate hikes than expected next year. The 10-year Treasury note yield TMUBMUSD10Y, -0.76% was down 3.5 basis points to 3.083%, after trading at 3.189% at the end of…
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Jeff Reeves's Strength in Numbers: Black Friday bargain stocks: Consider Ford, Intel and three others
Uncertainty reigns on Wall Street. And with this season’s quarterly earnings just about behind us and a very quiet few weeks between now and the end of the year, it’s unlikely that’s going to change. Still, the S&P 500 Index SPX, +1.06% isn’t exactly falling apart. The benchmark index is now little changed this year.…
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Asia Markets: Asian markets mixed, as chip-maker stocks fall
Asian equities were mixed in early trading Friday, capping an up-and-down week during which investors have struggled to stick to a direction even intraday. Geopolitical concerns rose after a report that the U.S. and China are unlikely to agree to more than a “framework” for a trade deal later this month, and as the U.K.’s…
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Mutual Funds Weekly: Keep more of what you make from your investments
Don’t miss these top money and investing features: Everybody loves a winner. Investors pay good money for investment managers on a streak. It’s human nature; when you find a “hot hand” you keep giving that player the ball. Trouble is, all good things come to an end. Managers who have outperformed start to lose momentum…
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Key Words: Hedge-fund boss who predicted ‘87 crash says get ready for some ‘really scary moments’
‘From a markets perspective, it’s going to be interesting. There probably will be some really scary moments in corporate credit.’ Paul Tudor Jones Paul Tudor Jones, a hedge-fund luminary, said he’s stress-testing his portfolio of corporate debt because he expects a tumultuous road ahead on the back of the Federal Reserve’s apparent commitment to normalizing…
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Capital One Venture card now has a new airline miles transfer option — is it worth it?
Capital One Venture Rewards COF, +0.27% cardholders will soon have another way to cash in the miles they earn with the card. The program could appeal to people who do a lot of overseas travel, but others may want to think twice. Starting in December, Venture customers will be able to convert the miles they…
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Personal Finance Daily: Here are the real bargains when buying a home and 5 ways to close the generation gap
Happy Thursday, MarketWatchers! Here are the top personal finance stories of the day. Personal Finance Betsy DeVos sued to get rolling on student loan forgiveness The Department of Education says it’s ‘moving quickly’ to find borrowers eligible for the debt relief. 5 cool ways people are closing the generation gap Here are some great ideas…
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The Tell: Stocks turn positive, so here are 7 brutal charts for the pessimists
You probably don’t need a bunch of charts to tell you just how sketchy the stock market’s behavior has been of late, but we’ll give them to you anyway. We won’t even include the obvious one: The Dow Jones Industrial Average DJIA, +0.83% took it on the chin during that nasty October stretch and hasn’t…