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The hard truth about the Facebook ad boycott: Nothing matters but Zuckerberg (CNN) For years, Facebook (FB) has been viewed as one of the only truly indispensable digital advertising platforms for big and small businesses looking to reach the social network's vast audience. Even as the company lurched from one controversy to the ...
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The Weekly Fix: Money Funds Get Warned on Central Bank Support Welcome to the Weekly Fix, the newsletter that is pure Helvetica at heart. –Emily Barrett, FX/Rates reporter. Stocks and bonds find common ground. For a dashboard of how the Federal Reserve has powered down the U.S. rates market, look no further than ...
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In a German Tech Giant's Fall, Charges of Lies, Spies and Missing Billions In the elite corridors of corporate Germany, Markus Braun had become a legend. A little-known entrepreneur until just a few years ago, Mr. Braun had forged an obscure Bavarian company called Wirecard into a German tech icon, winning a coveted spot on ...
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Stock market live updates: Dow drops 500, TX reverses reopen, Gap jumps 30% on Kanye collab This is a live blog. Check back for updates. 10:44 am: Market sell-off accelerates as Texas rolls back reopening. Stocks tumbled to their lows of the day around mid-morning, with the Dow sliding more than 600 points, after Texas Gov. Greg Abbott said the state ...
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Oil Prices Fall as Rising Covid-19 Cases Prompt Demand Concerns Oil prices edged lower Friday, on pace for the second weekly decline since April, as investors adjusted expectations to account for rising crude inventories and surging U.S. coronavirus cases. U.S. crude futures for delivery in August dropped 2% to $37.93 a ...
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Occidental Petroleum's Stock Slump, $40 Billion Debt And Junk Status Flag Worst Of US Oil Patch Excesses After the coronavirus or Covid-19 pandemic triggered yet another downtown in a notoriously cyclical oil and gas industry, much of market commentators' glare turned to the so-called small scale U.S. shale chancers, many of whom are over-leveraged, have ...
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Covid-19 Is a Puzzle That Wall Street Can't Solve The first half of 2020 was the most dizzying selloff-turned-comeback many investors have witnessed in decades of working on Wall Street. Stocks, commodities and bond prices careened in March as what experts had described as a mysterious illness ...
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Trump Administration's 401(k) Rule Ignores ESG As Core Driver Of Financial Performance By Tom Murray and Ben Ratner, EDF+Biz. Retirerment Account Statements. This politicization of ESG and sustainable business could hurt millions of Americans who depend on ... [+] their 401(k)s and pensions to plan for retirement. Getty. The Trump ...
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Dow Jones Futures: S&P 500 Net Short At Nine-Year High; Stock Market Rally Vigorous The Dow Jones futures are trading modestly lower as traders fail to shake off the biggest one-day surge in coronavirus cases in the US and how it has constrained the re-opening process. There is no doubt that the news of a second coronavirus wave has ...
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Oil prices advance on growing fuel demand, even as US coronavirus cases jump TOKYO/MELBOURNE (Reuters) - Oil prices rose on Friday, extending gains on optimism about a recovery in fuel demand worldwide, despite a surge in coronavirus infections in some U.S. states and signs of a revival in U.S. crude production. FILE PHOTO: ...
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