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Monthly Archives: December 2017

Trump bans Kaspersky software from use in the US government

Sergei Savostyanov | TASS | Getty Images The headquarters of the Russian cybersecurity company Kaspersky Lab in Moscow, Russia on Oct. 2, 2017. President Donald Trump signed into law on Tuesday legislation that bans the use of Kaspersky Lab within the U.S. government, capping a months-long effort to purge the …

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3 ETFs are testing key levels, and they could be about to break out

Three big sector ETFs — energy, health care and tech — are testing key levels, according to one technician who believes all three could be on the verge of a breakout. The first is the energy-tracking ETF, the XLE, which has rallied about 5 percent in the past three months …

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After-hours buzz: PIR, NDSN & more

Kai Pfaffenbach | Reuters People with umbrellas pass by bull and bear outside Frankfurt’s stock exchange during heavy rain in Frankfurt, Germany, November 20, 2017. Check out the companies making headlines after the bell Wednesday: Pier 1 Imports stock plunged more than 24 percent in after-hours trading. The furnishings and …

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Facebook to stream WWE professional wrestling next month

Lukas Schulze | Bongarts | Getty Images Sin Cara jumps during to the WWE Live Duesseldorf event at ISS Dome on February 22, 2017 in Duesseldorf, Germany. WWE is coming to Facebook. The pro wrestling company signed a deal with Facebook to stream a new “single-elimination mixed tag-team tournament” directly …

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Yellen says high stock market value does not mean it’s overvalued

Getty Images Federal Reserve Chair Janet Yellen speaks during a news conference December 13, 2017 in Washington, DC. Fed Chair Janet Yellen said current high stock market valuations do not mean the market is overvalued or that a sell-off would pose much risk to the economy or financial system. During …

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Yellen’s only regret as Fed chair: Low inflation

Getty Images Janet Yellen, chair of the U.S. Federal Reserve, listens to a question during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, D.C., U.S., on Wednesday, Dec. 13, 2017. Janet Yellen looked back on her year at the Federal Reserve and figured most of …

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Citi has 5 reasons why Apple can keep crushing market

David Paul Morris | Bloomberg | Getty Images Tim Cook, chief executive officer of Apple Inc., waves after speaking during an event at the Steve Jobs Theater in Cupertino, California, U.S., on Tuesday, Sept. 12, 2017. Apple shares are surging so far this year as investors are bullish on the …

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Chuck Schumer wants GOP to delay tax vote until Doug Jones is seated

Getty Images Senate Democratic Leader Sen. Chuck Schumer (D-NY) speaks at a press confernce on urging the GOP To Slow Down Republican Tax Bill In Senate on December 13, 2017 in Washington, DC. Republican leaders want to vote on final tax legislation by next week, and they expect to have …

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Half of world’s people can’t get basic health services: WHO

Paula Bronstein | Getty Images A Rohingya girl cries as refugees fleeing from Myanmar cross a stream in the hot sun on a muddy rice field on October 16, 2017 near Palang Khali, Cox’s Bazar, Bangladesh. At least half the world’s population is unable to access essential health services and …

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Citi raises prime lending rate to 4.5% from 4.25%

Lucas Jackson | Reuters Traders work on the floor of the New York Stock Exchange (NYSE) shortly after the announcement that the U.S. Federal Reserve had hiked interest rates for the first time in nearly a decade in New York, December 16, 2015. Citibank was the first bank to announce …

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