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We spoke to 5 money managers about how Trump impeachment proceedings could impact the stock market. Here's what they said.

The impeachment process is happening against a backdrop of mounting geopolitical uncertainty that's…

Carmen Reinicke   


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Trump signs bill to fund government until November, punting shutdown risks to later this fall

While the White House and Democrats were able to compromise on topline budget numbers in July, they…

Gina Heeb   


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Stocks tumble as US-China tensions escalate

Bloomberg reported that the White House is considering delisting Chinese companies from US stock ex…

Daniel Strauss   


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Uber's market value slips below GM's for the first time since its IPO

The company said it lost $5.2 billion during the second quarter of 2019, its largest quarterly loss…

Daniel Strauss   


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Wells Fargo bumped their new CEO's salary 40% - to $23 million - to convince him to join

It's also much more than Wells Fargo's last two CEOs were paid, according to the report. Former CEO…

Carmen Reinicke   


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3 mins read

The White House is reportedly considering limits to US investment in China, including delisting Chinese firms from major exchanges

Talks around such an effort are taking place as China is allowing greater foreign investment in its…

Ben Winck   


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Here's how Trump's trade war is threatening the backbone of the US economy

"Trade policies have had the greatest negative impact on consumers, with a near record one-third of…

Gina Heeb   


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US income inequality jumps to highest level ever recorded

"Wages remain low, there is a lack of child care for single parent families and so on. Work alone w…

Gina Heeb   


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Hollywood conglomerate Endeavor cancels public offering at last minute amid broader IPO-market struggles

The Hollywood conglomerate called off the IPO Thursday afternoon, saying it would continue to evalu…

Ben Winck   


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3 mins read

HSBC says rate cuts aren't enough - governments need to spend to escape recession

Despite recent rate cuts from the Federal Reserve, European Central Bank (ECB), and other central b…

Yusuf Khan   


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The Fed injects another $72 billion into markets amid slowing demand

The Fed started repo offerings last week for the first time since the financial crisis a decade ago…

Daniel Strauss   


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Credit Suisse's top shareholder says no top execs should be fired over ongoing spying scandal

"We are fully supportive of CS's management actions taking any legal steps necessary to protect the…

Daniel Strauss   


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Jefferies slashed the value of its stake in WeWork by $146 million more than two weeks before its failed IPO

Ahead of its flotation, investors balked at WeWork's business model, valuation, complex structure, …

Theron Mohamed   


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Wells Fargo names its next CEO: BNY Mellon's Charles Scharf

Scharf will also join Wells Fargo's board of directors. Prior to his tenure at BNY Mellon, he serve…

Carmen Reinicke   


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3 mins read

Options traders are already trying to game the 2020 election - and it's happening far earlier than in prior cycles

Trump's odds of winning are another shifting variable, with House Speaker Nancy Pelosi announcing a…

Ben Winck   


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2 mins read

10 things you need to know before the opening bell

8. Stocks are edging higher on Friday. US futures underlying the S&P 500 (+0.3%) and the Nasdaq…

Yusuf Khan   


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Confidence in Europe's economy hits a 4-year low amid fears about Brexit and Trump's trade war

Jessica Hinds, European economist at Capital Economics, said that drop in the Economic Sentiment in…

Yusuf Khan   


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The CEO of Airbus warns that Trump's trade war with Europe is a 'lose-lose game' for both sides

This week, Markets Insider reported that the EU said it was considering imposing $4 billion worth o…

Yusuf Khan   


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Fed's Kashkari says interest rates shouldn't 'hold the economy back,' and calls for more cuts

The central bank has signaled a similar wait-and-see approach, dimming expectations for the start o…

Gina Heeb   


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Stocks tumble as political and trade tensions unnerve traders

Acting director of national intelligence Joesph Maguire testified in front of Congress on Thursday …

Daniel Strauss