Monthly Archives: August 2019

Dow tanks 767 points in market’s worst day of 2019

U.S. stocks went into freefall on Monday, with the Dow Jones Industrial Average down 900 points at its low before curbing some of those losses, ending the session 767 points lower. Continue Reading Below Ticker Security Last Change %Chg I:DJI DOW JONES AVERAGES 25717.74 -767.27 -2.90% SP500 S&P 500 2844.74 -87.31 -2.98% I:COMP NASDAQ COMPOSITE INDEX 7726.039511 […]

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Vroom: Ferrari to unveil 3 new models by end of 2019

Continue Reading Below MILAN (AP) — Ferrari CEO Louis Camilleri confirmed Friday that the luxury performance carmaker will unveil three new models this year as part of its business plan targeting revenues of around 5 billion euros ($5.6 billion) by 2022. Click Here: online rugby store malaysia Camilleri declined to give any hints about the […]

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Americans loving Ford, GM, Fiat Chrysler trucks in solid US economy

More Americans are shelling out big bucks for trucks. Continue Reading Below Whether it's Ford’s F-150, General Motor’s Sierra Silverado or Fiat Chrysler's Ram, the trend points to a U.S. economy in good shape, supported by near-record-low unemployment. “People are spending more than they have to,” Jessica Caldwell, executive director of Industry Analysis at Edmunds.com, told FOX […]

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CBS, Viacom pick CEO if merger deal reached

Continue Reading Below CBS and Viacom have reached a working agreement on who would lead the company if they merge, FOX Business's Charlie Gasparino reported. Ticker Security Last Change %Chg CBS CBS CORP. 50.40 -0.22 -0.43% VIA VIACOM INC. 34.59 +0.22 +0.64% Viacom CEO Bob Bakish will be chief executive of the combined company with acting […]

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Amazon allegedly scammed out of $370K by 22-year-old’s return shipments of dirt

A 22-year-old has been arrested in an alleged scam of the largest internet retailer that totaled nearly $370,000 by sending return packages filled with dirt. Continue Reading Below James Gilbert Kwarteng, of Palma de Mallorca, Spain, allegedly swindled Amazon by filling up the ordered items’ boxes with dirt and registering with the exact weight of the product. […]

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American seniors employed at record-high levels

As the record-long U.S. economic expansion continues, more seniors than ever appear to be putting off retirement. Click Here: bape jacket cheap Continue Reading Below According to data from Deutsche Bank Securities chief economist Torsten Slok, the employment to population ratio for those aged 65 and over hit 20 percent in July – a record high. MORE […]

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How Democrats’ Wall Street tax plans could hurt your retirement savings

As the 2020 primary season inches closer, Democratic presidential candidates have unveiled a slew of policy proposals — including plans funded by taxing both Wall Street and the wealthy — in hopes of setting themselves apart from the crowded field of competitors. Continue Reading Below This past week alone, California Sen. Kamala Harris released a […]

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Berkshire Hathaway profit hit by insurance underwriting decline

Warren Buffett’s sprawling Berkshire Hathaway reported a quarterly profit loss on Saturday morning, revealing less income from insurance underwriting. Continue Reading Below The Omaha, Nebraska-based conglomerate said its operating profit fell to $6.14 billion in the second quarter, compared to $6.89 billion one year ago — an 11 percent decline. In total, insurance underwriting fell to […]

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Trump: ‘We will be taxing the hell out of China’ until a trade deal is reached

President Trump stood fast by his decision to implement 10 percent tariffs on an additional $300 billion worth of goods coming into the U.S. from China on Thursday, saying the pain will continue for Beijing until an agreement is struck. Continue Reading Below “Until such time as there is a deal, we will be taxing […]

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Katy Perry, others must pay $2.78M for copying Christian song

Katy Perry, her collaborators and her record label must pay more than $2.78 million because the pop star's 2013 hit "Dark Horse" copied a Christian rap song, a jury decided Thursday. Continue Reading Below It was an underdog victory for rapper Marcus Gray, a relatively obscure artist once known as Flame whose 5-year-old lawsuit survived […]

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