Economy

Warren Buffett To Shareholders: 'We Messed Up By Not Investing In Amazon'

The annual meeting was livestreamed by Yahoo for only the second time in history. "Last year, Wells Fargo paid $185 million to settle allegations, without admitting or denying wrongdoing, of" widesp...

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Senate approves $1.2tn government spending bill to avoid shutdown

In back-to back tweets, Trump questioned a budget agreement to keep the government open until September that includes a lot of things, like funding of Planned Parenthood, and excludes some things, lik...

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Dodd-Frank dismantling passes first big legislative hurdle

Interestingly, in the executive summary of the CHOICE Act published by the Republican members on the Financial Services Committee , there is only one very brief, single-bullet-point mention of the D...

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"Sanctuary cities" bill clears latest hurdle, heads to Abbott for signature

During his "State of the State" address on January 31, Gov. Greg Abbott declared legislation banning so-called "sanctuary cities" to be one of his top priorities and an emergency item, saying: "Electe...

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Apollo Commerical Finance posts 1Q profit

Apollo Commerical Finance posts 1Q profit

Shares of Ares Commercial Real Estate Corp (NYSE:ACRE) opened at 13.10 on Thursday. At present, 1 analysts call it Sell, while 4 think it is Hold. Zacks Investment Research lowered shares of Ares ...

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Protections for 27 national monuments may be curtailed, cut

The department said in a news release that it is seeking comment from the public on the monuments. If the monument stands, Native Americans, environmental groups and conservation organizations that ...

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Alphabet Q1 revenue increases 22 percent, shares surge

Net income stood at $5.4 Billion. For the first-quarter, Google delivered a jump in their earnings by 28% attributing to the company's shares crossing the 900 level during the after-hours trading. G...

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City of Montreal declares state of emergency from flooding

City of Montreal declares state of emergency from flooding

Picard said the Canadian Red Cross is prepared to mobilize more volunteers should the situation in Quebec worsen. "We need help now and we will need help when these waters have left". Blanchet said ...

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Starbucks Corporation (NASDAQ:SBUX) Valuation According To Analysts

The stock is a Buy among 8 brokerage firms polled by Factset Research. The stock of Starbucks Corporation (NASDAQ: SBUX ) has "Mixed" rating given on Wednesday, July 13 by OTR Global. Stockholders o...

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France To Pick New President In Historic Race

Macron himself has said himself he expects no honeymoon period. Macron, a 39-year-old former banker and economy minister running as an independent centrist, is economically liberal, socially progres...

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Tottenham Hotspur Star Admits Team Feel "Guilty" After Loss At West Ham

Knowing that any slip up would likely be decisive, Pochettino conceded that his players were lacking a spark on the pitch. "Today was a key moment and one of those moments where if you are going to ...

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Price defends cutting nearly $1 trillion from Medicaid

Republicans have long opposed Obamacare and say it's failing. However, if that amendment stays as written, it has to be passed the old-fashioned way, which means Democrats could filibuster it and b...

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Fairfax shares jump 3% on TPG proposal

Fairfax shares jump 3% on TPG proposal

This company would remain listed on the ASX. Fairfax is going through a trying period with journalists on strike this week after last week's announcement that 125 jobs editorial jobs would be cut ...

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UK GDP slows to a 12-month low in first quarter

UK GDP slows to a 12-month low in first quarter

The weakness in consumer spending is blamed on a mild winter, which undermined demand for heating and utilities production. The Q1 economic slowdown was partially driven by the unusually warm weather,...

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Ryan Seacrest officially confirmed as Kelly Ripa's Live co-host

Before the big TV announcement, Ryan had told some of his close friends that he had some big news. Seacrest said he will be moving from Los Angeles to NY to host the talk show, but he will not be gi...

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For historically black colleges, Trump questions whether key funding source is legal

For historically black colleges, Trump questions whether key funding source is legal

She speculated that the " signing statement may simply be the Office of Management and Budget being overly cautious and perhaps not fully understanding this important distinction as it relates to HBC...

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Edmonton Oilers face possible elimination for first time in 2017 playoffs

With the Ducks swarming Edmonton in the first period like they did in the second period of Game 4, and Oilers defencemen piling up in the training room, it looked like it was going to get ugly. Some...

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Always Dreaming wins Kentucky Derby; Thunder Snow falters

A trainer and jockey accustomed to success . The almost black son of Bodemeister from the Excess stallion Above Perfection was installed as the 9 to 2 betting favorite and rewarded his backers with...

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The economy is barely growing. These are 3 theories why

But economists say first quarter estimates tend to be notoriously low for a number of reasons. Trump has taken credit for increased consumer confidence, growing employment and record gains on the stoc...

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North Korea claims U.S. tried to assassinate Kim Jong

Those sanctions - and that tension - could get even tighter if North Korea is added to the US list of state sponsors of terror. Pyongyang presented extensive details but offered no concrete proof to...

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Asian development lender takes stock as US policy shifts

Asian development lender takes stock as US policy shifts

Jaitley is on a three-day official visit to Japan to participate in the Annual Meeting of Board of Governors of Asian Development Bank (ADB), among other engagements. Economic leaders from Korea, J...

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John Daly holds on for 1st PGA Tour Champions win

John Daly holds on for 1st PGA Tour Champions win

This is Daly's first US win since the 2004 Buick Invitational on the PGA Tour and his first win anywhere since a PGA of Europe event in 2014. "It's not a familiar place I'm in". "It wasn't pretty at...

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Delcath Systems, Inc. (DCTH) Sees Significant Increase in Short Interest

Analysts on average have given a price target of $16 to Delcath Systems, Inc. Newell Brands Inc. (NWL ) stock moved with shift of -5.26% in the past week. The volatility in the previous week has ...

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Fed: US slowdown in Q1 'likely to be transitory'

Fed: US slowdown in Q1 'likely to be transitory'

Neil Wilson, senior market analyst at ETX Capital , said today's meeting has "left the door open to a rate hike in June, although not explicitly". Investors should expect another rate hike next mon...

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Always Dreaming wins Kentucky Derby, Villager's horse Girvin comes in 13th

Always Dreaming , a headstrong colt who caused his connections much consternation during the week, skimmed over the soupy stretch of Churchill Downs on Saturday to win the 143rd Kentucky Derby. The sw...

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US Congress grills airlines over passenger grievances

US Congress grills airlines over passenger grievances

Video of the incident has circulated widely on social media. "Alaska Airlines told the committee it is considering changes to its overbooking". Police were summoned and Dao, 69, was dragged bloodied...

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Buffett: GOP Health Care Bill a Tax Cut for the Rich

Health care costs in other countries are now 10 percent or 11 percent of GDP, even though the ratios were on par with the USA decades ago, he said. Buffett is right that, for most of his stock-picki...

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Buffett pans bank's response to scandal

Most notably, the plan would repeal Obamacare's tax hikes on wages and investments for high-income households. Warren Buffett admits he missed the boat on investing in two of today's most successful...

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Blue Plastic in Perdue Sausages prompt Recall

Blue Plastic in Perdue Sausages prompt Recall

Despite also being from Georgia, the family that runs Perdue Foods is not related to new Secretary of Agriculture and former Georgia governor Sonny Perdue. About 2,000 pounds of sausage have been affe...

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Australia has better health care system than us - Donald Trump

Independent Sen. Bernie Sanders of Vermont, who had proposed a single-payer health care system during his 2016 presidential campaign, burst into laughter after seeing a clip of Trump praising the Aus...

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