Finance

Pope Francis advised against making the pursuit of money, a career or success the basis for one’s whole life, urging people in his Epiphany remarks Saturday to also resist “the inclinations toward arrogance, the thirst for power and for riches.” Francis said during a homily at Mass in St. Peter’s Basilica that people “often make
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Ripple tumbled more than 11 percent, dropping below $3 Friday, after crossing above that level for the first time two days ago. The digital currency, officially called XRP, was trading near $2.83, down 11.56 percent on the day and off 26 percent from its record high of $3.84 hit Thursday, according to CoinMarketCap. Ripple traded
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Brendan Smialowski | AFP | Getty Images Secretary of the Treasury Steven Mnuchin (L), National Economic Council Director Gary Cohn (C) and US Secretary of Commerce Wilbur Ross wait for President Donald Trump to speak about newly passed tax reform legislation during an event at the White House December 20, 2017 in Washington, DC. In
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Check out the companies making headlinesafter the bell: Sears stock recovered slightly, up more than 1 percent in the extended session. The retailer, which owns Kmart, took a beating in the regular session. Shares were down close to 5 percent. A CNBC story on Thursday revealed it would shutter another 103 unprofitable stores, as it
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Bitcoin bulls think the cryptocurrency will push higher — with one suggesting it could crack the $60,000 barrier — while bitcoin bears think it will crash and burn. Regardless of which end of the spectrum investors stand on, however, there’s no disputing the phenomenal rise in the digital currency, which rose more than 1,000 percent
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As investors increasingly turn to passive investment vehicles such as ETFs, this year the funds saw record-breaking inflows of $476 billion and assets under management climb to $3.4 trillion. Even traditional money managers have rushed to launch their own exchange-traded funds. But the hot money has flowed into niche funds offering exposure to bitcoin, electric
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The “Fast Money” traders shared their first moves for the market open. Pete Najarian is a buyer of JPMorgan. Tim Seymour is a buyer of Sea Limited. Carter Worth is a buyer of PotashCorp. Dan Nathan is a buyer of AutoNation. Trader disclosure: On December 28, 2017, the following stocks and commodities mentioned or intended
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The Vietnam Stock Index increased 46.9 percent year-to-date as investors bought into the country’s rapidly-growing economy. The country is technically still classified as a frontier market by MSCI, but has been working on improving accessibility to foreign investors as it tries to get an upgrade to emerging market status. Besides encouraging local companies to publish
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Check out the companies making headlines after the bell Thursday: Apple stock dipped slightly after the bell. The tech giant on Thursdays issued an apology to customers, after reports emerged that Apple introduced software that intentionally slows-down iPhones with older batteries. Shares of Mosaic rose more than 1.6 percent in relatively light volume after hours.
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The “Fast Money” traders shared their first moves for the market open. Pete Najarian was a buyer of PepsiCo. Tim Seymour was a buyer of Western Digital. Rich Ross was a buyer of United Rentals. Dan Nathan was a buyer of Broadcom. Trader disclosure: On December 27, 2017, the following stocks and commodities mentioned or
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