Author: super@dmin
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Futures Movers: Oil edges down from 7-year high
Oil futures trade slightly lower early Thursday, edging down from a seven-year high but underpinned by supply concerns.
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Need to Know: From tech to financials, here are dozens of inflation-sensitive stocks that crush it when prices are rising, from Credit Suisse.
Our call of the day from Credit Suisse says equity investors should keep those inflation fears in check.
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: No, Wharton students, the average U.S. worker does not make $800,000
At one of America’s premier business schools, one question stumped students.
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Bond Report: Treasury yields edge higher
Treasury yields edge higher Thursday, with the rate on the 10-year note hovering just below a two-year high set earlier this week.
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Robert Powell's Retirement Portfolio: Do 401(k) plans unfairly help the wealthy?
The current retirement system doesn’t work, Michael Doran argues in ‘The Great Retirement Fraud’
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Where Should I Retire?: I told friends I was moving to France for a year – it’s now 4 years later and I’m building a house in this village of 1,200 people
‘You could easily live here on $2,500 to $3,000 a month’ — much less than in either Provence or Paris.
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: HSBC cuts its rating on U.S. stocks and says Chinese equities may be a ‘place to hide’
Global investors should no longer overweight the U.S. stock market, strategists at HSBC say, even as they retain their preference for risky assets despite a rocky start to the year.
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Where next for air travel?
WORK AND shopping have, for better or worse, been permanently altered by the pandemic. The airline industry hopes that its own covid-19 disruption proves temporary. Luckily for those deprived of holidays, visits to family and friends, or even the odd business trip, flying in 2022 will look a bit more like the pre-pandemic jet age—with…
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Unilever’s £50bn health cheque
WHEN UNILEVER bought Bestfoods for $20.3bn at the turn of the millennium, it was one of the largest cash acquisitions ever. After two failed bids, the British consumer-goods giant dug up an extra $2bn to sweeten the deal. It divested 700 of its brands in the year that followed but replenished its larder with Bestfoods’…
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Market Snapshot: ‘Bear squeeze?’ U.S. stock futures rise after recent weak spell
U.S. stock futures turned higher Thursday, as investors debate how far the retreat in equities will go as bond yields surge.