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Monthly Archives: December 2019

Ralph Ellison’s Letters Offer the Pleasures of Big Ideas and Everyday Life

“You are hereby warned,” Ralph Ellison wrote to his friend Albert Murray in 1951, “that I have dropped the shuck.” After years of struggle and doubt, Ellison had finished “Invisible Man,” his epic of midcentury African-American life. The novel would win the National Book Award. His life was about to …

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Apple, Microsoft contribute more than 1000 points to the Dow this year

Apple and Microsoft are leading the record market rally in 2019. The two have amassed a collective $819 billion in market cap this year, leading the Dow Jones Industrial Average to all-time highs. If those gains were stripped from the Dow, the blue-chip index would be nearly 1,100 points lower …

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December could be good for the stock market, but there’s one big risk

The Charging Bull near Wall Street is pictured in New York. Carlo Allegri | Reuters Stocks have had a bang-up year so far, and they’re heading straight into the month that is often the best of all. The S&P 500 is up more than 25% for the year. Thanksgiving week …

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5G broadband is a threat to cable companies but execs aren’t worried

T-Mobile US CEO John Legere testifies before a House Committee on Energy and Commerce Subcommittee hearing in Washington, February 13, 2019. Erin Scott | Reuters For about the last two decades, the cable industry has been fueled by three revenue streams: cable television, landline phones and high-speed broadband. Recently, though, …

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