Archive for April 23rd, 2017

The last thing President Trump now needs is for the stock market to go south on him. After all, hes got worries aplenty: abroad, North Korea, Syria, Russia and Brexit; at home, the stalled effort to repeal Obamacare and uncertainty surrounding tax reform. Compared with this tapestry of troubles, the stock market has been a splendid blessing.
Its called the Trump Rally or the Trump Trade. By whatever name, it has been impressive. On Election Day, Nov. 8, the Dow Jones Industrial Average closed at 18,332.74, not much different from a year earlier. By March 1, the Dow hit 21,115.55,…

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As a Canadian, I have to admit that President Trump is right when he criticizes a new Canadian policy that gives Canadas producers an incentive to buy domestic supplies of ultra-filtered milk. But the biggest victims of Canadian supply management policies arent American dairy farmers, they are Canadian consumers. Ironically, President Trump uttered his criticism as his office was releasing a memo setting the stage for tariffs on steel imports. Who would be the biggest victims of that? American consumers, and American workers in industries that use steel.
The truth is that protectionism…

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(Bloomberg) — Only six remaining milestones stand between Tesla Inc.’s Elon Musk and an estimated $1.4 billion windfall for the carmaker’s billionaire chief executive officer.

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Travis Kalanick’s drive to win in life has led to a pattern of risk-taking that has put his ride-hailing company on the brink of implosion.

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<p>Will you pay more for those shoes before 7 p.m.? Would the price tag be different if you lived in the suburbs? Standard prices and simple discounts are giving way to far more exotic strategies, designed to extract every last dollar from the consumer.</p>

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<p>The future of U.S. homebuilding depends on more people like Cyndicy Yarborough, a 26-year-old former Wal-Mart clerk with no background in construction.</p>

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<p>When a group of disgruntled shoe manufacturers assembled in China earlier this year, they put up signs with messages in English, hoping they would be seen by Americans 7,000 miles away: “Payless Sucks.”</p>

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