Starbucks ordered to pay $2.7 million in lost wages to a parcel manager after two black men were arrested
CAMMDEN, N.J. (AP) — A judge has ordered Starbucks to pay an additional $2.7 million in lost wages and tax damages to a former regional manager who earlier received more…
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Nvidia, Lowe’s, Analog Devices, Dollar Tree, and more stocks to watch this week
font size Most of the second-quarter earnings season is over, with a few major technology and retail names left to report this week. Economists will focus on any news from…
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Is the US economy really growing at 5.8%? Not so fast.
The GDP model now reflects recent strength in retail sales, along with auto sales, housing construction, and industrial production. Timothy A. Clary/Getty Images font size Based on the latest economic…
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One diagram showing the mega assembly
Adobe attracts huge cash flows Want an edge in trading? Follow the big money. What is big money? Simply said, it is when the stock goes up due to institutional…
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Bitcoin Fair Value Guide
Bitcoin rise Bitcoin remains the leading decentralized cryptocurrency, which has increased interest over the past decade in potential applications using its underlying blockchain technology. However, in a very dynamic (and…
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“Why don’t we make a clean break?”
2019 was a year of big earnings for Disney (DIS). She directed the Disney+ streaming service 10 million subscribers in one day after launch. The company completed a $71 billion…
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Al Gore made a big bet on artificial intelligence, and sold Salesforce, Mastercard, and Schwab Stock
font size Generation Investment is headed by former Vice President Al Gore. Ian Forsyth / Getty Images The investment firm he co-founded and headed by former Vice President Al Gore…
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Bond Balls at JPMorgan, Allianz. Double Down on Bet Gone Bad
(Bloomberg) — Convinced that a recession is imminent in the United States, some of the world’s most prominent money managers have loaded on government bonds this year in a bold…
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Bruised stocks face a week full of tests, from Nvidia to Powell
(Bloomberg) — Stock traders reeling from the worst market stretch since February face some pivotal events in the coming days, and Federal Reserve Chairman Jerome Powell’s closely watched speech may…
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I’m 81, have a $118k mortgage and a $110k mortgage. Should I withdraw from my investment to pay off the mortgage payments?
Ask a Consultant: I’m 81, have a $118,000 mortgage, and a $110,000 IRA. Should I withdraw from my investment to make mortgage payments? I am 81 years old. I have…
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“I saved my pennies and invested wisely”
Fortune is looking to interview retirees about life after leaving the workforce. If you’re interested in sharing your story, email Senior Writer Alicia Adamczyk at alicia.adamczyk@fortune.com. Since Chris Miller retired…
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What do you know this week
The last full week of August will bring two major events for investors – Nvidia (NVDA) earnings and the Federal Reserve’s annual conference call in Jackson Hole. The Jackson Hole…
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Goldman Sachs suggests buying these two stocks now for growth
Conventional wisdom suggests that an American recession is imminent, either during the second half of this year or the first half of the following year. But how much should we…
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We’re in our mid 50’s and have $2 million in our 401(k)s. Should we focus on Roth’s contributions?
Ask a Consultant: We’re in our mid-50’s and have $2 million in our 401(k). Should we focus on Roth’s contributions? We are a dual income couple in our mid 50’s…
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Warren Buffett’s favorite homemaker: Dr. Horton
Warren Buffett’s Berkshire Hathaway now owns approximately $5.7 million Shares of the largest housing construction company In the US, Dr. Horton, despite rising mortgage rates and other industry headwinds. “Buffett’s…
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A weaker yuan has turned Hong Kong into a haven as mainland China’s rally sends banks, insurance policies and the US dollar soaring.
The Chinese yuan has weakened this year to near its lowest level since October, and many mainlanders are rushing to Hong Kong for safety in soaring yields. Bank depositsand insurance…
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The famous Italian dealmaker and CEO of Piaggio Colaninno passes away
Written by Crispan Palmer ROME (Reuters) – Entrepreneur Roberto Colagno, chairman and CEO of scooter maker Piaggio and one of Italy’s best-known dealmakers, has died, investment firm IMMSI said on…
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The CEO’s big break came when she left her consulting business without a plan — she says losing $100,000 is “too cheap” to pursue your dreams
Mette Lykke’s CEO’s first step to wild success didn’t involve anything as thoughtful as a business plan or a problem she wanted to solve. It was more racist. “It started…
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My retirement savings have been wiped out. How can I recoup recent investment losses that I had “late in the game?”
Ask a Consultant: I’m 81, have a $118,000 mortgage, and a $110,000 IRA. Should I withdraw from my investment to make mortgage payments? My retirement savings have been wiped out…
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The boom in frontier cities is reorganizing the freight market
Photo: Jim Allen – FreightWaves week chart: Outgoing Bid Market Share – Laredo, Phoenix, McAllen, Ontario sonar: OTMS.LRD, OTMS.PHX, OTMS.MFE, OTMS.ONT Truckload demand outside the Texas frontier markets of Laredo…
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Tough week for REITs amid more cuts and Fed talks
One of the most difficult parts of investing is deciding what to do when the companies you own are doing well but stock prices reflect a different scenario. Wall Street…
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Elusive home purchase. These 7% mortgage rates why.
font size The lack of supply of homes for sale is a contributing factor to the low morale of buyers. Joe Riedel/Getty Images Anyone looking to venture into the housing…
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Consumers have spent all of their excess savings from the pandemic. JPMorgan says this is just one reason why stocks are poised to drop
Cavan Images / Getty Images According to JPMorgan, American consumers have spent all of their excess savings from the pandemic. The bank highlighted consumer weakness as one of the reasons…
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