Author: super@dmin
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London Markets: FTSE 100 climbs as HSBC beats profit, shares soar
The U.K.’s main stock index was off to a strong start to the week thanks to solid gains for heavyweight HSBC Holdings PLC HSBA, +5.75% after the banking giant posted forecast-beating results. Meanwhile, investors were looking ahead to the U.K. budget, due to be delivered by Chancellor Philip Hammond toward the end of the trading…
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Americans have a lot to be happy about, so why are they feeling so nervous?
Midterm elections are widely expected to hinge on how Americans are feeling about their finances. So what’s the verdict? They should be more financially satisfied than ever, at least according to one index that weighs people’s fiscal pain points against their financial pleasures. For the fifth quarter in a row, the typical American’s personal financial…
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Asia Markets: Nikkei scares up gains as Asian stocks mostly advance
Asian stock markets mostly rose in early trading Monday, with Japan leading gains in the region, as investors shrugged off worries about U.S.-China trade relations and continued tech-stock weakness on Wall Street. Japan’s Nikkei NIK, -0.09% was up 0.6% as the yen USDJPY, +0.00% retreated against the dollar, last at ¥111.97 versus ¥111.87…
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The easiest—but most painful—thing Pulte Homes can do to boost sales still might not work
Shares of PulteGroup Inc. have bounced sharply since the home builder reported third-quarter results, but reduced affordability and continued weakness in housing market data suggest some painful measures may be needed to turn a growing number of browsers into buyers. Pulte’s stock PHM, +3.32% had been in a virtual free-fall in the month leading up…
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Outside the Box: These are the bad things about early retirement that no one talks about
For all the glamour of living an early retirement lifestyle, there are plenty of negatives I’ve come to discover since I permanently left my job in 2012. I know why we revert to our baseline state of happiness, no matter how much freedom and money you have. Let’s go through some of the negatives of…
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Mark Hulbert: How to get the medical tax deductions you’re entitled to
Chances are that you’re not taking all the tax deductions to which you’re legally entitled—leaving money on the table, in other words. That’s because the category of medical costs that are tax deductible includes a lot more types of expenses than most are aware of, according to Eric Smith, a spokesperson for the IRS. Did…
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As the housing market stagnates, American homeowners are staying put for the longest stretches ever
Housing-market headwinds are keeping American homeowners in their properties for the longest stretches on record, in a sharp distortion of the mobility Americans have for decades prized. Across the country, homes that sold in the third quarter of this year had been owned an average of 8.23 years, according to an analysis from Attom Data…
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Market Extra: Investors expect Bolsonaro win in Brazil election, worry about future of reforms
While Brazilians prepare to vote in the second round of their presidential election on Sunday, Jair Bolsonaro is getting ready to become president. The far-right candidate has been leading in the polls, but investors worry what his victory could mean for the future of Brazil’s much-needed reforms. The Datafolha poll published late Thursday showed Bolsonaro…
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The Tell: Here’s what you get when you stick a bunch of investing wonks on an island
The event: Stocktoberfest West. The host: StockTwits. The location: I can see Mexico from my balcony! The topic: Markets and lots of other stuff. Maybe it was all that Coronado sun, or perhaps it was the open bar talking, but a cynical gathering of journalists and Wall Street grumblers this was not. In fact, the…
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Could credit-card companies ban gun sales?
On Saturday morning, Pittsburgh police responded to an active-shooter situation at the The Tree of Life Synagogue in Squirrel Hill that has led to multiple fatalities, according to reports. If government officials won’t curb gun sales in the U.S., Americans are once again asking themselves a familiar, if frustrating, question: How can we curb gun…