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Monthly Archives: November 2019

Jobless claims are key to tracking the economy

Job seekers wait in line to enter a job fair hosted by JobExpo.com in Dallas. Ben Torres | Bloomberg | Getty Images Weekly jobless claims have been so steady, they aren’t on many investors radar as a major report. But if this number suddenly started rising, that’s when it’s time …

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Bank of England holds interest rates ahead of snap election

Bank of England Justin Tallis | AFP | Getty Images The Bank of England (BOE) held interest rates steady on Thursday, opting not to adjust borrowing costs in the world’s fifth-largest economy ahead of a snap election. With 35 days to go before Britons head to the ballot box, the …

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Disney+ must succeed for stock, says investor

There’s a lot going on at the Mouse House. The Walt Disney Company is scheduled to report fourth-quarter earnings after Thursday’s closing bell, just five days before the launch of its Disney+ streaming platform. Shares of the entertainment colossus have lost some steam since they surged about 16% on Disney’s …

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Fiction That Takes You Back in Time

THE GLASS WOMAN By Caroline Lea 392 pp. HarperCollins. $27.99. ImageCredit… In 17th-century Iceland, Rosa weds a dangerous and powerful man in order to provide for her ailing mother after her father’s untimely death. But what feels at first like a well-worn tale of the patriarchy’s most obvious predations quickly …

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European markets climb after China and the US agree to cancel tariffs

European shares touched a four-year high Thursday morning after China said the world’s two largest economies had agreed to cancel additional tariffs imposed in their months-long trade war. The pan-European Stoxx 600 climbed 0.4% in early trade to hit its highest point since July 2015, with basic resources, autos and …

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Disney earnings, jobless claims, England rates

Handout | Getty Images Entertainment | Getty Images Here are the most important things to know about Thursday before you hit the door. 1. Disney earnings ahead of Disney+ launch Disney reports fiscal fourth-quarter earnings after the bell on Thursday. Credit Suisse expects the media giant to report earnings of …

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Why you should invest for retirement when everything feels pointless

Nearly 30% of millennials believe they will never retire, according to TD Ameritrade’s 2018 Millennials and Money Survey. With stagnant wages and the soaring costs of education, health care and housing that they’ve experienced in their lifetimes — not to mention coming of age in one of the worst economic …

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Tech stocks haven’t done this since 2005, and it could mean trouble

Could tech be nearing a top? The Technology Select Sector SPDR Fund (XLK), which tracks 68 of the market’s top tech stocks, is up 37% this year, well above the S&P 500’s nearly 23% gain. But tech is also the most expensive it’s been in years. On a forward-earnings basis, …

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Singles’ Day not a reason to buy Alibaba, market history says

China’s Singles’ Day, the world’s largest online shopping event, takes place next Monday, Nov. 11. Singles’ Day was started by e-commerce giant Alibaba a decade ago, and it’s become a sales phenomenon. In 2018 sales topped $30 billion, making it bigger than Black Friday and Cyber Monday combined. Some analysts, …

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Here’s what it takes to get into a top college

Hill Street Studios | Getty Images To get into an elite college, parents and students put a lot of emphasis on grades and test scores. However, in the wake of last year’s college admissions scandal, admissions directors are quietly turning their attention to something besides raw numbers. Today, “almost every …

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