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Yen, euro gain on dollar as markets bet Fed will cut rates this month TOKYO (Reuters) - The yen and the euro were on the front foot against the dollar on Monday as traders raised their bets of an interest rate cut by the U.S. Federal Reserve this month to shield the economy from the rapid spread of the coronavirus.
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Trump Counts on the Fed To Shore Up Markets, Keeping Up His Pressure Tactics President Trump said he is counting on the Federal Reserve to shoulder the government's response to economic disruptions caused by the coronavirus, renewing the pressure campaign he has used against the central bank during previous bouts of market ...
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Yen, euro gain on dollar as Fed rate cut talks heat up TOKYO (Reuters) - The yen and the euro rose against the dollar on Monday on growing expectations that the U.S. Federal Reserve will cut interest rates at its policy review this month to protect the economy from the rapid spread of the coronavirus.
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What Is Leverage in Real Estate, and How Do You Use It? Using leverage can be a great way to grow your real estate portfolio and increase your profits, but you need to know how to use it to your advantage while avoiding the heavy risks involved. Leverage is one of several strategies for investing in real estate.
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How Disney's Bob Iger went from underrated CEO to Hollywood royalty Fifteen years ago, Bob Iger was typecast. "A loyal drone," recalled Jeffrey Sonnenfeld, an associate dean at the Yale School of Management. Iger had scaled the ranks at ABC, but few thought he was up to the challenge of running the entire Walt Disney Co.
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Asian stock markets reverse losses on global policy stimulus hopes SINGAPORE (Reuters) - Asian shares steadied from early losses on Monday as investors placed their hopes on a coordinated global monetary policy response to weather the damaging economic impact of the coronavirus epidemic. FILE PHOTO: Pedestrians ...
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BankAmericard credit card review: Transfer your balance to put a big dent in your debt If you've found yourself paying a high interest on your credit card balance after the holidays, you're not alone. With the average American credit card debt hovering around $6,194, and the total national credit card debt reaching an all-time high of $930 billion, ...
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Wall Street Has Lost Its Nerve. What Will It Take to Get It Back? Wall Street has often adopted a simple playbook when facing a stock market plunge: "Buy the dip." Not lately. In recent years, investors who jumped on downturns as chances to buy shares at bargain prices have profited from the move. Their buying, in turn, ...
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Gig workers face the spread of the new coronavirus with no safety net SAN FRANCISCO — Some workers here who provide on-demand rides and delivery services, but are independent contractors without many protections, are bracing for the spread of the novel coronavirus. Drivers have been scrubbing down their cars "inch ...
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Saudi economy grows just 0.3% in 2019 as oil sector shrinks DUBAI (Reuters) - Saudi Arabia's economy grew by a weaker-than-expected 0.3% in 2019 as the oil sector contracted sharply, official data showed on Sunday, although the non-oil sector accelerated. Saudi Arabia, the world's biggest oil exporter, wants to ...
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