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Monthly Archives: December 2019

Secured Credit Cards vs Unsecured Credit Cards

If you’re looking for a new card but don’t have much of a credit history, you may have come across secured credit cards during your research and wondered how they differ from regular — or unsecured — credit cards. While both secured credit cards and unsecured credit cards have a lot …

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New Mexicans take longest to pay off credit cards bills. Here’s why

Customers pay at a cashier station in a JCpenney Store at the Newport Mall in Jersey City, New Jersey. Kena Betancur | Getty Images Going big on those holiday purchases will cost you — especially if you’re in New Mexico. Residents in the Land of Enchantment take 17 months to …

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Exclusive: Saudi Aramco pursues war cover after attacks – sources

LONDON/RIYADH (Reuters) – Saudi Aramco is looking to buy insurance against war and terror attacks after a damaging drone and missile attack on some of its oil facilities in September, two sources told Reuters. FILE PHOTO: Workers are seen at the damaged site of Saudi Aramco oil facility in Khurais, …

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Netflix and Facebook are risky as markets bounce back, traders warn

The FANG stocks — Facebook, Amazon, Netflix and Google parent Alphabet — are making a comeback as the broader markets bounce after three days of losses. Not all are safe bets, though, according to two traders. “The one that I’m cautious of is Netflix,” Todd Gordon, founder of TradingAnalysis.com, told CNBC’s “Trading Nation” …

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Bull markets often end with a euphoric ‘blow-off top’ rally

The stock market’s poor start to December halted in its tracks the kind of euphoric rally that has marked the end of past bull markets, a so-called blow-off top. Between mid-August and late November, the was up 10.5% in a 74-day sprint that seemed to be immune from negative headlines. According …

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‘The Crying Book’ Follows the Many Tracks of Our Tears

The lachrymatory, a vaselike receptacle used to collect mourners’ tears and purportedly found in Roman tombs, has made a strange resurgence in the second decade of the 21st century, albeit in a form better suited to late capitalism: the coffee mug. Whether you’re looking to consume “MALE TEARS” or “LIBERAL …

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Ken Langone talks about stocks he likes, including JP Morgan and GE

Billionaire businessman Ken Langone told CNBC that he used Tuesday’s stock market drop as a buying opportunity. “Where else can you go to get some kind of a decent rate of return, than equities,” Langone said. “Balance sheets are in pretty good shape. I think the economy has got 1.5% …

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Peloton says it’s ‘disappointed in how some have misinterpreted’ ad

Peloton has responded to a massive amount of criticism for one of its holiday ads. The maker of high-end at-home fitness equipment last month rolled out a holiday ad that implores viewers to “give the gift of Peloton,” which had onlookers complaining about what they saw as undertones of sexism …

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Hyperpartisan politics has entered the small business outlook

Daniel Goldman (L), attorney and director of investigations with the House Intelligence Committee, and House Intelligence Committee Chairman Adam Schiff (C) (D-CA), and U.S. House Intelligence Committee ranking member Rep. Devin Nunes (R) (R-CA), arrive to the House Intelligence Committee in the Longworth House Office Building on Capitol Hill November …

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Lyft’s VP of design shares the book that’s impacted her career most

Katie Dill is a long-time executive in Silicon Valley who currently serves as the vice president of design at Lyft. Prior to starting this role in 2017, she worked as an executive at several other companies, including at Airbnb, where she was the director of experience design for three years. …

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