• Amazon and Netflix push Wall Street higher

    5 monthes ago - By Reuters

    Amazon.com Inc and Netflix fueled a second straight session of gains on Wall Street on Monday, as the resumption of U.S.-China trade talks helped ease concerns that have pummeled the market in recent months.
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  • National Security Advisor John Bolton to Negotiate for the Safety of U.S.-Allied Kurds in Syria

    5 monthes ago - By Fortune

    National Security Advisor John Bolton arrived in Ankara, Turkey Monday to negotiate for the safety of the U.S.-allied Kurdish fighters in Syria, a group Turkey's government regards as terrorists.
    Bolton said Sunday that U.S. forces will remain in Syria until the Islamic State organization is defeated. Were the U.S. forces to withdraw , the Kurdish allies could be left exposed to attacks from Turkey. According to Al Jazeera , Turkey has led two operations in northern Syria since 2015 targeting the Kurdish People's Protection Units .
    The YPG has close ties to the Kurdistan Workers' Party...
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  • Amazon, Netflix help Wall Street build on rally

    5 monthes ago - By Reuters

    Amazon.com Inc and Netflix Inc fueled a second straight session of gains on Wall Street on Monday, with the resumption of U.S.-China trade talks helping ease concerns that have pummeled the market in recent months.
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  • Reuters is reporting China bought more U.S. soybeans on Monday

    5 monthes ago - By AG Web


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  • Nintendo Switch and 3DS games are now on The Humble Store

    Nintendo Switch and 3DS games are now on The Humble Store

    5 monthes ago - By Venture Beat

    The Humble Store announced today that Nintendo Switch and 3DS games are available to buy on its digital store. This is only available to U.S. customers.
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  • US services sector grows at slowest pace since July

    5 monthes ago - By CNBC

    The U.S. services sector expanded at a slower-than-expected pace in December, according to data released Monday.
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  • The FARM Animal Care Program turns 10 years old in 2019. It is adminis

    5 monthes ago - By AG Web

    The FARM Animal Care Program turns 10 years old in 2019. It is administered by the National Milk Producers Federation and Dairy Management Incorporated. AgDay and U.S. Farm Report national reporter Betsy Jibben has more.
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  • Coal Plants Are Closing, Despite Trump's Efforts

    5 monthes ago - By Fortune

    Coal is on a downward swing despite President Donald Trump's best efforts to frame himself as a champion of the industry. According to data from the U.S. Energy Information Administration , more coal power plants closed during Trump's first two years in the White House than in Obama's entire first term.
    To be fair, former President Barack Obama's second term is looking to be the most lethal to coal plants. The EIA reports more than 30 closed between 2013 and 2016, while just over 20 are projected to close before Trump's first term is up. The most plants closed in 2015 when higher emissions...
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  • Emerging market FX could fare well in '19 says Nikko's Vail

    5 monthes ago - By Reuters

    Nikko Asset Management chief global strategist John Vail tells Reuters' Fred Katayama emerging market currencies could be winners if the U.S. dollar stabilizes and Federal Reserve restrains its monetary policy.
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  • Uber's IPO may not be as eye-popping as we expected

    Uber's IPO may not be as eye-popping as we expected

    5 monthes ago - By Tech Crunch

    Uber is expected to raise $10 billion later this year in one of the largest U.S. initial public offerings in history. The float will value the ride-hailing giant somewhere between $76 billion - the valuation it garnered with its last private financing - and $120 billion - a sky-high figure assigned by Wall Street bankers that's had even early Uber investors scratching their heads.
    A new report from The Information pegs Uber's initial market cap at $90 billion. To develop the estimate, the site analyzed undisclosed documents Uber provided creditors in 2017 “in which the company projected it...
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  • U.S. Chartbook: A Cure for the Shutdown Blues

    5 monthes ago - By Economy

    A stellar jobs report delivers some soothing data to rattled financial markets.
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  • Rise in the U.S. Unemployment Rate in December Was Good News

    5 monthes ago - By Economy

    The economy is pulling more into the labor force, and a large share are finding work quickly.
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  • SoftBank to slash planned WeWork investment: FT

    5 monthes ago - By Reuters

    SoftBank Corp is in talks to invest $2 billion in U.S. shared office space provider WeWork Cos Inc this year, a much lower amount than the $16 billion discussed towards the end of last year, the Financial Times reported on Monday.
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  • The education trade balance

    5 monthes ago - By FRED

    Our last post discussed the foreign travel trade balance-that is, money spent by foreigners for tourism, business, and education in the U.S. compared with what Americans spend abroad. In this post, we focus on travel for education. The Bureau of Economic Analysis began including travel-for-education data only recently, when they made their last big revision to GDP data. In fact, the BEA has recomputed these data for the past several years, so we can compare the old and new series to get a sense of the education trade balance. (This is a much more convenient process than adding up all the...
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  • Gold prices climb, nearing $1,300

    5 monthes ago - By ETF Daily News

    From Myra P. Saefong and Mark DeCambre : Gold futures headed higher on Monday, poised to rebound from their worst single-session drop in two weeks, with prices getting a boost as downbeat U.S. ISM nonmanufacturing data pressured the dollar.
    February gold on Comex GCG9, +0.28% gained $5.90, or 0.5%, at $1,291.70 an ounce, following a 0.7% fall on Friday, its largest daily drop since Dec. 21, according to FactSet data. For the week, gold futures rose about 0.2%, following gains in each of the last two weeks.
    March silver SIH9, -0.39% meanwhile, shed 1.1 cents, or less than 0.1%, at $15.775...
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  • Goldman Sachs cuts oil-price forecasts

    5 monthes ago - By ETF Daily News

    From Myra P. Saefong & Rachel Koning Beals : Oil prices on Monday looked to extend last week's gains, buoyed by optimism tied to trade talks between the U.S. and China as well as output reductions by major oil producers, including Saudi Arabia.
    Saudi Arabia plans to cut its oil exports by 800,000 barrels a day from November levels, Dow Jones reported, citing comments from officials at the Organization of the Petroleum Exporting Countries. That followed upbeat jobs numbers issued Friday that had calmed recession worries, helping to lift the outlook for energy demand.
    WTI crude for February...
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  • Dow Jones Industrial Average jumps 200 points as US-China trade talks begin

    5 monthes ago - By ETF Daily News

    From Fred Imbert & Sam Meredith : Stocks rose in volatile trade on Monday as investors pored through the latest U.S.-China trade developments and equities added to a massive rally in the prior trading session.
    The Dow Jones Industrial Average climbed 250 points after briefly falling more than 100 points. The S&P 500 gained 1.3 percent, led by the consumer discretionary sector. The Nasdaq Composite advanced 1.7 percent as Amazon shares rose more than 3 percent.
    The S&P 500 energy sector was also among the best performers on Monday, rising 1.96 percent. Cabot Oil and Devon Energy led the...
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  • Wall Street extends rally to second day on trade optimism

    5 monthes ago - By Reuters

    Gains in technology and consumer discretionary stocks on Monday helped Wall Street extend Friday's rally, with the resumption of U.S.-China trade talks easing some of the concerns that had pummeled the market in the second half of 2018.
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  • Trump is winning the game of economic chicken right now with China, but that could soon change

    5 monthes ago - By CNBC

    The trade war may be hurting China more than the U.S., but by spring China could be looking up as the U.S. slows, particularly if the friction continues, economists said.
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  • U.S., China can reach trade deal 'we can live with': U.S. Commerce secretary

    5 monthes ago - By Reuters

    U.S. Commerce Secretary Wilbur Ross predicted on Monday that Beijing and Washington could reach a trade deal that "we can live with" as officials from the world's two largest economies resumed talks in a bid to end their trade dispute.
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