Author: super@dmin
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Market Snapshot: Dow set for best week since July as stock futures imply deeper push into record territory
U.S. stock-index futures inched higher on Friday, indicating that Wall Street would extend its recent uptrend and push further into record levels. Where are the major benchmarks trading? Futures for the Dow Jones Industrial Average YMU8, +0.13% advanced 44 points, or 0.2%, to 26,771. S&P 500 futures ESU8, +0.03% gained 2 points, or less than…
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Asia Markets: Asian markets rally and Shanghai Composite logs best week in over 2 years
Asian stocks markets on Friday registered strong gains for the day and week, with the Shanghai Composite notching its best weekly run in more than two years, extending on a rally seen overnight in Europe and the U.S. Japan’s Nikkei NIK, +0.82% finished 0.8% higher, helped by more declines in the yen USDJPY, +0.21% during…
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Deep Dive: These Dow Jones Industrial Average stocks have been left behind as the index hits a record
The Dow Jones Industrial Average DJIA, +0.95% rose to an intraday high Thursday, closing with a 1% gain. The S&P 500 Index SPX, +0.78% was up 0.8% after setting another intraday record, following the latest round of good economic news. Bloomberg said its Consumer Comfort Index had climbed to its highest level since 2001. Meanwhile,…
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NerdWallet: How to fight about money—without ruining the relationship
This article is reprinted by permission from NerdWallet. The way couples talk about money — and fight about it, inevitably — doesn’t depend on whether they’re married or not. There are good and bad ways to discuss topics as emotional as money, no matter where you are in your relationship. If you think this could…
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Grow: You don’t need to be rich to invest—just start with $5
We tend to think of investing as requiring big bucks. But microinvesting makes it possible to start even if you only have a few dollars to spare. What is microinvesting? As you may have guessed, it’s investing in super small increments by buying fractions of shares. And it’s been gaining in popularity in recent years, allowing people…
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Delta and American raise fees for checked bags
Delta has healthier food. But does it taste good? United and JetBlue did it. Now it’s Delta and American’s turn. Both airlines have raised the prices of the first and second checked bags by $5 each. The first checked bag will cost $30, up from $25, for flights in North America and to some other…
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How can I get downside risk protection with robo-advisors?
Robo-advisors are a smart way to invest your money, particularly in good times. But in a changing market, algorithms can leave you exposed. Here’s how to protect yourself.
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Wells Fargo plans to cut up to 26,500 jobs over three years
Buffett acknowledges Wells Fargo’s ‘cardinal sin’ Wells Fargo plans to cut as many as 26,500 jobs over three years as the troubled bank grapples with the rise of online banking and soaring legal bills. CEO Tim Sloan said on Thursday that Wells Fargo (WFC) plans to cut 5% to 10% of its 265,000-person workforce. He…
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General Electric's turbine troubles raise more red flags
GE changed our lives. Why was it kicked out of the Dow? General Electric’s power problems just got worse, and the iconic company’s comeback efforts now look even more precarious. GE Power, the most troubled part of the slumping conglomerate, confirmed on Thursday that one of its gas turbines recently suffered a glitch at a…
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The Fed: Fed has to start considering the risk of a recession, former governor says
Bloomberg Laurence “Larry” Meyer, president of Monetary Policy Analytics, served on the Fed’s board under Alan Greenspan and remains an influential Fed watcher. The Federal Reserve has to start factoring in the rising risks of a recession to its policy actions, former Fed governor Larry Meyer said in an interview with MarketWatch. “We’re at a…