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Monthly Archives: November 2019

Female ‘Survivor’ Contestants Apologize After #MeToo Backlash

A pair of female “Survivor” contestants say they’re sorry for taking advantage of a third woman’s complaints about unwanted physical contact in order to advance in the game. The apologies came after a two-hour Wednesday night episode of the popular CBS show, in which the women said that a male …

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Barclays makes the case for an Uber stock ‘double’

Uber CEO Dara Khosrowshahi arrives at the New York Stock Exchange as his company makes its initial public offering, Friday, May 10, 2019. Richard Drew | AP Uber’s stock is trading well below the price it debuted at earlier this year but Barclays made the case for how the ridesharing …

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Micron Technology could be a crystal ball for chipmakers’ next move

Applied Materials is surging. The company and fellow chipmaker Nvidia boosted the SMH semiconductor ETF on Thursday after topping quarterly estimates. Those gains add to a major comeback for the semis space. The ETF, whose top components include Intel and AMD, has rocketed 9% in the past month. Applied Materials jumped 5.5% in Friday’s …

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Costco stock nears a key level as retail earnings roll in, trader says

Trading Costco here may be worth the cost. So says Todd Gordon, founder of TradingAnalysis.com, who found the recent action in the consumer staples sector as a whole — and Costco’s stock in particular — to be worth investors’ attention. “I’m seeing the overall market being a little overbought, which …

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Global debt surged to a record $250 trillion in the first half of 2019, led by the US and China

Global debt hit a record high of over $250 trillion in the first half of this year, led by a surge in borrowings in the U.S. and China, according to a new report. The report, released by the International Institute of Finance (IIF) on Thursday, showed that global debt surged …

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James I. Robertson Jr., Exacting Civil War Historian, Dies at 89

James I. Robertson Jr., an authority on the Civil War who published several dozen deeply researched books that humanized historical figures like Stonewall Jackson, died on Nov. 2 at a hospital in Richmond, Va. He was 89. His wife, Elizabeth Lee Robertson, said the cause was complications of metastatic cancer. …

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The number of 401(k) millionaires hits a record high

As the stock market heads for all-time highs, some retirement savers are reaping the benefits. The number of Fidelity 401(k) plans with a balance of $1 million or more jumped to a record 200,000 as of Sept. 30, up 7% from a year ago, according to a new report by …

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Retail sales, industrial numbers, Starbucks

Starbucks’ Reserve Roastery in Chicago Source: Starbucks Here are the most important things to know about Friday before you hit the door. 1. Read on the American consumer As retailers gear up for the all-important holiday shopping season, we’ll get a read on the state of the American consumer when …

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Consumer Reports puts Tesla back on recommended list as reliability improves

Carl Medlock’s Tesla repair shop Tesla, which has been accused of sacrificing quality as it ramps up production of the Model 3, is cranking out more reliable vehicles, according to a new survey from Consumer Reports. “What we’ve seen with the Model 3 is that they had a lot of …

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It might be time to book profits in this surging group of stocks

One group of stocks has led the market this year: the homebuilders. The ITB home construction ETF has rocketed more than 50% higher this year, catching up after cracking in 2018. “We looked at all the big homebuilders, and you can see how they’ve well outperformed the S&P 500 year …

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