Author: super@dmin
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How investors can stay smart in a 'noisy' trade war
El-Erian: Investors recognize trade fears are short-term US stocks are moving toward all-time highs despite the trade war with China. That’s because investors are thinking long term, according to Mohamed El-Erian, chief economic adviser at Allianz. “Ultimately, this is going to be resolved in a way that still leaves a free but fairer trade system,”…
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China strikes back by going after America's energy companies
This is what a trade war looks like The United States has an abundance of natural gas that pollution-riddled China badly needs to wean itself off coal. Eying China’s voracious demand, Cheniere Energy, ExxonMobil (XOM) and other American energy companies are racing to build more than two dozen expensive facilities to export liquefied natural gas,…
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Walmart is where the trade war comes home
How the US trade war might impact your beer Two weeks ago, Walmart asked the Trump administration to walk back its plan to put tariffs on Christmas lights, shampoo, dog food, luggage, mattresses, handbags, backpacks, vacuum cleaners, bicycles, cooking grills, cable cords and air conditioners. In a letter to US Trade Representative Robert Lighthizer, the…
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Don't cut up your credit cards yet — or sell MasterCard, Visa and AmEx
5 stunning stats about credit cards The demise of the credit card is greatly exaggerated. Yes, companies like Square (SQ) and PayPal (PYPL), which owns Venmo, are red hot — especially with millennials. But the stocks of American Express, Visa and MasterCard have all hit record highs in the past week. AmEx (AXP) stock is…
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Companies where tomorrow's graduates want to work
Sheryl Sandberg to MIT grads: Facebook ‘didn’t see all the risks’ of its tech Recent graduates still covet jobs on Wall Street or at prestigious consulting firms. But high-profile tech companies are also on their short lists of potential employers. Amazon, for example, shot up in popularity among business and engineering students, according to a…
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The trade war is growing. Time to worry?
The US stock market is outperforming the rest of the world. The question is how long that can go on. The trade war is growing. The Trump administration will impose tariffs on $200 billion in Chinese goods starting next week, sharply escalating its penalties against Beijing. China plans retaliatory tariffs on US products worth $60…
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Amazon is now the third-biggest ad platform in the United States
Is Amazon a monopoly? Amazon already dominates a multitude of businesses. Online advertising may be next. Amazon (AMZN) is expected to move ahead of Microsoft (MSFT) and Oath, the Verizon (VZ) subsidiary that owns AOL and Yahoo, into third place in the US digital ad market, according to a report released Wednesday by the research…
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China says it will never use its currency as a weapon in the trade war
GoPro CEO: We’re ‘actively looking’ to source outside of China The trade war between China and the United States is intensifying, but Beijing has just taken one potential weapon off the table. Premier Li Keqiang told an audience of global executives and policymakers that China would not weaken the yuan to boost trade with the…
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United courts fliers with fewer lines
Dog reunited with owners after Japan detour United Airlines wants to cut delays. Its solution: Fewer lines. The airline on Tuesday changed its boarding process: United reduced the number of boarding lines from five to two. Passengers in groups one and two will board in a single line. Remaining passengers will be asked to remain…
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1 in 4 investors bracing for global growth to slow
Analyst: Trade war is big headline, not big problem Wall Street doesn’t seem to care about the escalating trade war between the United States and China. The Dow jumped 175 points and the Nasdaq climbed 1% on Tuesday despite Washington and Beijing pushing ahead with another round of punishing tariffs. Investors are betting the US…