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Friday, February 28, 2020
Factory workers at TNG Dai Tu Factory in Thai Nguyen Province, Vietnam work on brand name garments like Nike, Adidas and Converse.Justin Solomon | CNBCIt's crucial for businesses to be flexible and to hedge one's bets amid the protracted and unpredictable trade war, according to a Hong Kong-based garment...
Travelers wearing masks arrive on a direct flight from China, after a spokesman from the U.S. Centers for Disease Control and Prevention (CDC) said a traveller from China had been the first person in the United States to be diagnosed with the Wuhan coronavirus, at Seattle-Tacoma International Airport...
SYDNEY (Reuters) - The chief executive of Australia’s Westpac Banking Corp stepped down on Tuesday over a money laundering scandal involving child exploitation, just a day after he told staff it was “not a major issue” and that he intended to stay on. FILE PHOTO: Australia's Westpac Banking...
ZURICH (Reuters) - Credit Suisse (CSGN.S) Chief Executive Tidjane Thiam has quit after losing a power struggle within Switzerland’s second-biggest bank as it seeks to move past a widening spying scandal that has prompted ever-louder calls for changes in leadership. FILE PHOTO: CEO of Credit Suisse Group...
Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., January 24, 2020. REUTERS/Lucas JacksonNEW YORK (Reuters) - Wall Street fell in a broad sell-off on Friday, as investors fled equities on growing concerns over the scope...
(Reuters) - Buy-now-pay-later company Sezzle Inc (SZL.AX) said on Thursday a U.S. government department had announced its intention to reject the company’s application for a lending license in the state of California. The California Department of Business Oversight (DBO), which oversees and regulates financial service providers in the...
Speaker of the House Nancy Pelosi (D-CA) at a press conference, September 19, 2019 in Washington, DC.Win McNamee | Getty ImagesHouse Speaker Nancy Pelosi has brokered a deal with a key block of Democrats that threatened to derail passage of her sweeping bill overhauling drug prices.Pelosi met late...
WASHINGTON, (Reuters) - The U.S. unemployment rate dropped to near a 50-year low of 3.5% in September, with job growth increasing moderately, suggesting the slowing economy could avoid a recession for now despite trade tensions that are hammering manufacturing. The Labor Department’s closely watched monthly employment report on...
DUBAI (Reuters) - Boeing’s 737 MAX took center stage at the Dubai Airshow on Tuesday as the U.S. planemaker prepared to announce orders for dozens of aircraft as it seeks to restore confidence in the jet amid a worldwide grounding, people familiar with the matter said. FILE PHOTO:...
There's luxury travel and then there's super-luxury travel.And by any measure, touring the world on a specially outfitted private jet with 15 to 50 like-minded passengers, all on the same financial playing field, falls into the "ultra-luxe" category.For well-to-do, worldly travelers with destinations and experiences still on their...

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USD/JPY Price Forecast – US Dollar Continues to Melt Down Against Yen

The US dollar has broken down rather significantly during the training session on Friday, as we continue to see a run to safety...

Bill Gates says coronavirus may be ‘once-in-a-century pathogen’

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Big Lots, Apple, Wayfair & more

A customer exits a Big Lots store in Clifton, New Jersey.Emile Wamsteker | Bloomberg | Getty ImagesCheck out the companies making headlines in...

Wall Street expects at least a half-point Fed rate cut in March

Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington,...

Stocks pare losses slightly; Fed chair vows to support economy as appropriate

(Reuters) - The S&P 500 pared losses slightly after the U.S. Federal Reserve Chair Jerome Powell said the economy was solid though coronavirus...