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New York, US
Tuesday, October 15, 2019
CNBC's Jim Cramer said Wednesday that investors should continue to practice patience, wait for the stock market to fall into oversold territory and prepare to find points of entry into weakness.The Dow Jones Industrial Average posted its second-consecutive triple-point decline during the session, falling 1.86% for a 494...
FILE PHOTO: Joshua Harris, co-founder and a member of the board of directors at Apollo Global Management speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., May 1, 2017. REUTERS/Lucy Nicholson/File PhotoNEW YORK (Reuters) - Private equity billionaire Joshua Harris thinks there are still plenty...
UAW President Gary Jones and GM CEO and Chairman Mary Barra shaking hands at the event.Source: General MotorsDETROIT – United Auto Workers members overwhelmingly granted union leaders authorization to strike during contract negotiations this year with General Motors, Ford Motor and Fiat Chrysler, if needed.The union on Tuesday...
U.S. Trade Representative Robert Lighthizer (C) gestures as he chats with Chinese Vice Premier Liu He (R) as U.S. Treasury Secretary Steven Mnuchin (L) looks on after posing for a "family photo" at the Xijiao Conference Centre in Shanghai on July 31, 2019.Ng Han Guan | AFP |...
Once again President Trump berated the Federal Reserve via Twitter on Wednesday, this time calling for the central bank to immediately cut interest rates to zero.The president said this would offset the effects of the monetary stimulus being pursued by other central banks and allow the federal...
The digital age is reaching all corners of business, and one New York start-up is offering a secured way to gain exposure to gold by tethering the yellow metal to cryptocurrency.Paxos, a privately held financial institution that provides a way to move between physical and digital assets, has...
Andrew Harrer | Bloomberg | Getty ImagesThe world's second-largest payment processor is approaching a decade-long run for the company's stock.Shares of MasterCard are getting a boost, as U.S. consumers embrace the secular shift from cash to card, and more recently card to digital.MasterCard's stock is up 46% this...
FILE PHOTO: Iqbal Khan, CEO International Wealth Management of Swiss bank Credit Suisse attends the company's annual shareholder meeting in Zurich, Switzerland April 26, 2019. REUTERS/Arnd Wiegmann/File PhotoZURICH (Reuters) - Swiss bank UBS will appoint former Credit Suisse banker Iqbal Khan as head of its wealth management...
SpaceX founder and CEO Elon Musk will provide an update on the company's next-generation rocket as well as its plans for trips to the moon and Mars from a growing facility in the southernmost part of Texas Saturday evening. Called Starship, this rocket represents the vessel of SpaceX's vision:...
Walmart's former U.S. CEO told CNBC on Tuesday that the retailer's decision to stop selling some ammunition is a "thoughtful" one, but he's not confident it will reduce gun violence.The biggest retailer in the world announced earlier in the day that it's discontinuing sales of handgun ammunition...

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