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The “Fast Money” traders shared their first moves for the market open. Guy Adami was a buyer of Target. Steve Grasso was a buyer of Avis Budget Group. Tim Seymour was a buyer of Nike. Pete Najarian was a buyer of Lululemon. Trader disclosure: On August 21, 2017, the following stocks and commodities mentioned or
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Think “free” tuition sounds unrealistic? It’s already a reality in more than 20 states. Earlier this year, Arkansas, Indiana, Montana and Rhode Island introduced statewide free community-college programs. Other states, including Minnesota, Oregon and Tennessee, already have programs, and 13 more introduced legislation this year to start similar initiatives, according to Dustin Weeden, a senior
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There’s no way to sugarcoat it — market volatility is the new normal in today’s investing environment. For decades millions of American investors have followed an aggressive growth strategy — a strategy that worked. For many it went like this: During those wealth accumulation years, invest heavily in equities such as blue-chip stocks. Rinse. Repeat.
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Medical device maker Medtronic on Tuesday reported a quarterly profit that beat analysts’ estimates, driven by strong demand for its heart and vascular devices. Sales in the company’s cardiac and vascular business, which sells defibrillators, pace-makers, heart valves and stents, rose 5.1 percent to $2.65 billion in the first quarter ended July 28, Medtronic said.
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As China‘s financial markets mature, major non-Chinese financial firms increasingly want to open funds in the country and tap the multitrillion-dollar institutional investor market there. This summer, UBS Asset Management received a license for private fund management in mainland China, and BlackRock said it plans to set up its first private fund in the country.
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Copper prices zoomed 1.7 percent higher on Monday to reach levels not seen in nearly three years as investors bet on further global economic growth. Futures for September delivery reached a high of $3.0015 per pound, their highest since November 2014. The metal has also seen its value surge 3.5 percent this month, putting it
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The Powerball jackpot is now $700 million — the second-largest prize in the game’s history. Interest is mounting after Saturday’s drawing failed to yield a winner for the top prize. Earlier Tuesday, the Powerball jackpot was $650 million. The next drawing is at 10:59 p.m. ET on Wednesday. If the prize amount doesn’t go up
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The Powerball jackpot is now $650 million, after Saturday’s drawing failed to yield a winner for the top prize. The next Powerball drawing is at 10:59 p.m. ET on Wednesday. If the prize amount doesn’t go up before then, the $650 million Powerball jackpot would be the second largest in the game’s history, and the
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The personal finance site compared average expenses for people age 65 and older, including groceries, housing, utilities, transportation and health care in every state to come up with how long a nest egg of $1 million would really last. Top 5 states where your dollar will last the longest:1. Mississippi$1 million will last: 26 years,
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There was “no single moment” that made her want to quit, but speaking with fintech entrepreneurs in Australia and the United States gave her a realization of how she wanted to change retail banking. “I started thinking about a bank that really focused on doing a couple of things well, that was all about everyday
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What is encouraged, however, are investments that fall along the lines of China’s “One Belt, One Road” framework. That giant foreign policy plan seeks to invest billions abroad and shore up influence by strengthening China’s infrastructure and trade links with the rest of the world. Beijing is also supporting investments in energy resources exploration, agriculture,
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Ron Paul’s sell-off prediction just got more severe. The former Republican Congressman from Texas believes escalating dysfunction in Washington will create even more pain for Wall Street. “A 50 percent pullback is conceivable,” Paul said on “Futures Now” recently. “I don’t believe it’s ten years off. I don’t even believe it’s a year off. “
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