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Monthly Archives: November 2019

Mark Cuban invested Dog Threads

Billionaire Mark Cuban has said his least favorite pitches on ABC’s “Shark Tank” include two things: kids and animals. “I hate when we have kids on. Kids and animals are the worst,” Cuban said in 2015. But on Sunday’s episode of “Shark Tank,” some sharply dressed dogs (and later a …

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Wall Street complacent as bets against volatility hit record

Traders on the floor of the New York Stock Exchange. Brendan McDermid | Reuters Traders may be a bit too relaxed about the risks facing the stocks market heading into the end of the year, and that could come back to burn them. Speculator short bets on Cboe Volatility index …

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Peter King retirement could make 2020 House elections tougher for GOP

Rep. Peter King, R-N.Y., talks with reporters at the base of the House steps after the last votes of the week on April 13, 2018. Tom Williams | CQ-Roll Call, Inc. | Getty Images Yet another House Republican retirement just under a year from the 2020 election could make the …

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Here’s how much more you’ll pay for Medicare Part B in 2020

If you’re on Medicare, the cost of your coverage for doctor’s appointments and other outpatient services is about to rise. The standard monthly premium for Medicare Part B will be $144.60 for 2020, up $9.10 from $135.50 in 2019, the Centers for Medicare & Medicaid Services announced Friday. The annual …

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Stock trading is back but no one is charging, thanks to millennials

Pedestrians pass in front of a Charles Schwab bank branch in downtown Chicago, Illinois. Christopher Dilts | Bloomberg | Getty Images Brokerage firms won’t profit off the recent rise in stock trading the way they have historically. Millennials might be to blame. Charles Schwab, Fidelity, and the other industry leaders …

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Once a source of panic, yield curve is validating stocks’ comeback

Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters It’s no coincidence that investors are getting more positive on the stock market as the yield curve has been steepening. Bank of America Merrill Lynch’s quantitative team has new research that shows a direct relation …

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Gap, one of the worst-performing retailer stocks, could go lower

One of the worst-performing retail stocks this year just broke down even more. Gap shares tumbled more than 7% on Friday after CEO Art Peck stepped down and the company cut full-year earnings guidance below consensus. The stock is down more than 35% for the year, while the XRT retail …

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Americans to vote on something else in 2020

Residents arrive at their polling place to cast votes in Louisville, Kentucky. (Photo by by John Sommers II/Getty Images) John Sommers II | Getty Images News | Getty Images No, “it’s not the economy, stupid.” At least, not as far as the way a majority of Americans are currently planning …

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NFL’s richest billionaire owners

There’s no doubt that professional football is big business, as evidenced by the fact that the NFL pulled in roughly $16 billion in revenue over the 2018-2019 season. That number represented about a 5% bump from the previous season, and the league’s revenue is only expected to keep climbing as …

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More companies are flagging wildfire risk as suppression costs climb

Firefighters battle a wind driven wildfire in the hills of Canyon Country north of Los Angeles, California, U.S. October 24, 2019. Gene Blevins | Reuters California’s biggest utilities aren’t the only U.S. companies grappling with the increased force and frequency of wildfires. The number of S&P 500 firms flagging “wildfire” …

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