Month: October 2019

Former Massachusetts Governor and Republican presidential candidate Mitt Romney is interviewed at the Silicon Slopes Tech Conference on January 19, 2018 in Salt Lake City, Utah. George Frey | Getty Images Sen. Mitt Romney, R-Utah, is taking the lead on a new proposal aimed at fixing funding shortfalls for Social Security, Medicare and the nation’s
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Metal worker Andy Mattingly operates a siphoning crucible in the pot room at Century Aluminum Company in Hawesville, Kentucky, May 14, 2019. Bryan Woolston | Reuters An update on manufacturing activity Friday could provide a much more useful picture of the economy than the October employment report, which is expected to be unusually weak due
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Apple reported fourth-quarter earnings that beat analyst expectations on Wednesday, thanks to strong performance in services and its fast-growing wearables business. Although Apple’s iPhone’s business was down 9% year-over-year, the company signaled that it expected a big holiday quarter, and Apple stock rose over 1% in after-hours trading Here’s how the company did compared with
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US Representative Raja Krishnamoorthi, Democrat of Illinois, looks as Acting Director of National Intelligence Joseph Maguire arrives to testify before a hearing of the House Permanent Select Committee on Intelligence on September 26, 2019, in Washington, DC. Andrew Caballero-Reynolds | AFP | Getty Images Rep. Raja Krishnamoorthi, who is overseeing an investigation into e-cigarette market
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Move over, pumpkin spice latte. You’re no longer the only budget-crusher in town. Unconscious spending is the next Starbucks-like personal finance cliché, says Chris Kampitsis, a certified financial planner at the Barnum Financial Group in Elmsford, New York. “An overuse or overreliance on subscriptions, everything from Netflix to different delivery services, like monthly boxes, all
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Tim Cook announces iPhone 11. Source: Apple Apple’s earnings on Wednesday will provide some early insight into how the company’s new iPhones are selling as investors watch the forecast for its all-important holiday season. Apple released three iPhone 11 models on Sept. 20. Apple’s fiscal fourth quarter ended on Sept. 30, so Wednesday’s earnings report
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14 May 2019, Berlin: At Volkswagen’s Annual General Meeting, a VW employee is plugging a charging cable into a VW Passat with plug-in hybrid technology. Michael Kappeler | picture alliance | Getty Images Volkswagen Group reported stronger-than-anticipated third-quarter earnings on Wednesday, but lowered its outlook for 2019 vehicle deliveries citing a “challenging market environment.” The
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Dow Jones Industrial Average falls 20 points The Dow fell 20.04 points, or 0.07% to close at 27,071.42. The S&P 500 slipped 0.08% to 3,036.89. The Nasdaq Composite slid 0.59% to end the day at 8,276.85. The S&P 500 notched a fresh intraday record but mixed earnings and a looming Federal Reserve decision kept investor sentiment in
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