• U.S. job growth rebounds; unemployment rate falls to 3.9 percent

    19 days ago - By Reuters

    WASHINGTON - U.S. job growth increased less than expected in April and the unemployment rate dropped to near a 17-1/2-year low of 3.9 percent as some jobless Americans left the labor force.
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  • Futures trim losses after U.S. jobs data

    19 days ago - By Reuters

    U.S. stock index futures trimmed their losses on Friday after data showed U.S. job growth increased less than expected in April and the unemployment rate dropped to near a 17-1/2-year low of 3.9 percent.
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  • Patrick Kane Leads Strong U.S. Roster At 2018 IIHF World Championship

    19 days ago - By Forbes

    Team USA is icing a strong lineup, led by Patrick Kane of the Chicago Blackhawks, at the 2018 IIHF World Championship in Denmark.
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  • China asks U.S. to amend 7-year ZTE business ban

    China asks U.S. to amend 7-year ZTE business ban

    20 days ago - By Venture Beat

    China has asked the United States to amend a seven-year ban on American companies selling components and software to Chinese telecom equipment firm ZTE Corp, two sources with knowledge of the matter said on Friday. The appeal came during trade talks in Beijing this week between senior officials from both countries aimed at heading...
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  • The dealmaking boom of 2018 could shape up to be one of Wall Street's greatest years on record

    The dealmaking boom of 2018 could shape up to be one of Wall Street's greatest years on record

    20 days ago - By Business Insider

    Wall Street dealmaking is having a record year, with mergers and acquisitions volumes at nearly $1.7 trillion.
    Top M&A execs told Business Insider the pace may not continue at this level of intensity, but given the market trends, they expect deals to continue to flourish.
    "Other than a major shock to the system, I foresee the current M&A trends playing out for some time," Navid Mahmoodzadegan, co-president of Moelis & Company told Business Insider.
    Wall Street broadly expected 2018 to be a strong year for dealmaking , as US tax reform and widespread global economic growth paved the way for...
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  • The dealmaking boom of 2018 could shape up to be one of Wall Street's greatest years on record

    The dealmaking boom of 2018 could shape up to be one of Wall Street's greatest years on record

    20 days ago - By Business Insider

    Wall Street dealmaking is having a record year, with mergers and acquisitions volumes at nearly $1.7 trillion.
    Top M&A execs told Business Insider the pace may not continue at this level of intensity, but given the market trends, they expect deals to continue to flourish.
    "Other than a major shock to the system, I foresee the current M&A trends playing out for some time," Navid Mahmoodzadegan, co-president of Moelis & Company told Business Insider.
    Wall Street broadly expected 2018 to be a strong year for dealmaking , as US tax reform and widespread global economic growth paved the way for...
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  • Why Xerox's CEO Is Staying and Its Merger With Fujifilm Might Be Back On

    20 days ago - By Fortune

    Xerox said its board and management team will stay after a legal settlement with activist shareholders to remove them lapsed, adding uncertainly to a $6.1 billion deal that would see the U.S. company cede control of its operations to Japan's Fujifilm Holdings fujiy
    .
    Xerox xrx had just days ago said it struck a deal with Carl Icahn and Darwin Deason , who opposed the Fujifilm takeover in a suit, that would have brought in executives close to Icahn and replace current Chief Executive Officer Jeffrey Jacobson and other board members. The pact would have become effective "upon execution of...
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  • Why Xerox's CEO Is Staying and Its Merger With Fujifilm Might Be Back On

    20 days ago - By Fortune

    Xerox said its board and management team will stay after a legal settlement with activist shareholders to remove them lapsed, adding uncertainly to a $6.1 billion deal that would see the U.S. company cede control of its operations to Japan's Fujifilm Holdings fujiy
    .
    Xerox xrx had just days ago said it struck a deal with Carl Icahn and Darwin Deason , who opposed the Fujifilm takeover in a suit, that would have brought in executives close to Icahn and replace current Chief Executive Officer Jeffrey Jacobson and other board members. The pact would have become effective "upon execution of...
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  • Is The Euro Getting Ready To Plunge Again?

    Is The Euro Getting Ready To Plunge Again?

    20 days ago - By ETF Daily News

    From Chris Kimble : From early 2017 to 2018, the Euro Currency rocketed higher by more than 20 percent. And, you guessed it, the U.S. Dollar took it on the chin.
    But if history is any guide, this rally may be in the midst of a “turn” lower! Looking at the chart below, you can see blue-shaded triangle patterns that both resolved to the downside (one in the 1990's and another in the 2000's). In both cases, the Euro came back to “kiss” the underside resistance of the triangle at points (1) and (2).
    In the 1990's, that kiss occurred just before another turn sharply lower. Could that be...
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  • Bitcoin's Rebound Is Probably Bad News For The U.S. Dollar

    Bitcoin's Rebound Is Probably Bad News For The U.S. Dollar

    20 days ago - By ETF Daily News

    From Steven Vannelli, CFA : Bitcoin made a closing high on December 18, 2017 at $18,764 and then proceeded to fall to the closing low for the year, $6,604.48 on April 6, 2018. Since then, it has rebounded almost 50% to today's level of $9,670, having broken back through the 50-day moving average.
    For the last 18 months Bitcoin has maintained a fairly close relationship with the US Dollar Index. In 2017, while Bitcoin surged by over $8,000, the USD Index fell a bit over 10%, from 103 to 88. The USD Index made an attempt at a low on February 2, 2018, but ultimately bottomed on February 16...
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  • Foreign Investment In U.S. Treasuries Is Plunging

    Foreign Investment In U.S. Treasuries Is Plunging

    20 days ago - By ETF Daily News

    From Adem Tumerkan : The United States borrowed $488 billion in the first quarter of 2018 - a record high for this period.
    That's only from January through March. . .
    At this rate - over a full year - that's $2 trillion in more debt.
    As I wrote a couple months ago , the rising debt is making the economy very fragile. Especially since all this borrowing is happening during non-recessionary times.
    Making matters worse, the United States' spending increased 300% more than the growth in revenue.
    And don't forget that interest payments due to service the U.S. National Debt is hitting new record...
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  • U.S. cotton acres will be up 7% in 2018 compared to 2017 and nearly 35

    20 days ago - By AG Web

    U.S. cotton acres will be up 7% in 2018 compared to 2017 and nearly 35% from 2016, according to USDA.
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