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Monthly Archives: August 2018

JP Morgan’s Jamie Dimon cautions 10-year Treasury note rate to hit 5 %

Giulia Marchi | Bloomberg | Getty Images Jamie Dimon, chief executive officer of JPMorgan Chase & Co., speaks during an interview on the sidelines of the JP Morgan Global China Summit in Beijing, China, on Monday, June 5, 2017. J.P. Morgan Chase chief Jamie Dimon says people should prepare for …

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Health-care is leaving tech in the dust. Some see more gains ahead 

While Wall Street was putting out flames in tech earnings, one sector has had a stealth rally to lead the S&P 500. Health care stocks are not only the best S&P 500 performer in the past month, rallying nearly 7 percent, but they’re also closing in on record highs set …

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Goldman’s incoming CEO David Solomon names Jim Esposito co-head of trading division

Andrew Harrer | Bloomberg | Getty Images David Solomon, Goldman Sachs & Co. David Solomon, Goldman Sachs’ incoming CEO, is wasting no time getting his house in order. Solomon, who takes over for current CEO Lloyd Blankfein on October 1, named Jim Esposito global co-head of the firm’s trading division. …

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Record pay-per-view sales predicted for Conor McGregor’s UFC return

Brandon Magnus | Zuffa LLC | Getty Images Conor McGregor hits the heavy bag during a media workout at the UFC Performance Institute on August 11, 2017 in Las Vegas, Nevada. Controversial Irish fighter Conor McGregor announced his return to the Ultimate Fighting Championship (UFC) after not taking part in …

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Apple pulls Alex Jones’ InfoWars podcasts for ‘hate speech’

Lucas Jackson | Reuters Alex Jones from Infowars.com speaks during a rally in support of Republican presidential candidate Donald Trump near the Republican National Convention in Cleveland, Ohio, U.S., July 18, 2016. Apple has removed five of Alex Jones’ podcasts from the iTunes and Podcast apps, as the tech giant …

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Fed member James Bullard says waiting for an ‘inevitable recession’ is wrong

Joshua Roberts | Bloomberg | Getty Images James Bullard, president and chief executive officer at the Federal Reserve Bank of St. Louis. Federal Reserve member James Bullard told CNBC that traders should not be waiting for an “inevitable recession” and spoke of a solid outlook for the U.S. economy. “We …

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Goldman’s David Solomon to name Jim Esposito trading division co-head

Andrew Harrer | Bloomberg | Getty Images David Solomon, Goldman Sachs & Co. David Solomon, Goldman Sachs’ incoming CEO, is wasting no time getting his house in order. Solomon, who takes over for current CEO Lloyd Blankfein on Oct 1., will name Jim Esposito global co-head of the firm’s trading …

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Berkshire Hathaway profit surges as insurance, other businesses gain

Nelson Ching | Getty Images Charles Munger, vice chairman of Berkshire Hathaway Inc., left, and Warren Buffett, chairman of Berkshire Hathaway Inc., attend a BYD Co. press event in China, on Monday, Sept. 27, 2010. Berkshire Hathaway, the conglomerate run by billionaire Warren Buffett, on Saturday said quarterly operating profit …

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England’s second soccer division makes more than top Europe leagues

Neville Williams | Aston Villa FC | Getty Images Ahmed Elmohamady of Aston Villa during the Sky Bet Championship match between Fulham and Aston Villa at Craven Cottage on February 17, 2018 in London, England. The Premier League is the world’s richest soccer league. But, not to be outdone, England’s …

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iPhone X Plus appears in iOS 12 beta software

Getty Images Apple CEO Tim Cook (R) and Apple chief design officer Jonathan Ive (L) look at the new Apple iPhone X during an Apple special event at the Steve Jobs Theatre on the Apple Park campus on September 12, 2017 in Cupertino, California. An icon that appears to represent …

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