Archive for November 28th, 2017

More than 66 million Americans will see a 2% increase in their monthly Social Security and Supplemental Security Income (SSI) benefits in 2018.

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Bitcoin surpassed $10,000 for the first time, taking this year’s price surge to more than 10-fold even as warnings multiply that the largest digital currency is an asset bubble.

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It’s been an incredible year for Jeff Bezos. In October, Bezos cemented his position as the world’s richest person. 

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Federal prosecutors are investigating allegations that Uber deployed an espionage team to plunder trade secrets from its rivals. The revelation triggered a delay in a high-profile…

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After dating for more than a year, Prince Harry and American actress Meghan Markle have announced they are engaged. 

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<p>Stocks finished at record highs Tuesday as the Senate took a step toward passing a bill aimed at reforming the U.S. tax code.<br></p>

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<p>Stocks traded at record highs Tuesday as the Senate took a step toward passing a bill aimed at reforming the U.S. tax code.</p><p></p>

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With the growth of artificial intelligence (AI), many are worried that we may all be put out of work, replaced by robots. We can stop worrying. Well run out of jobs when we run out of goods and services we desire. Which will be never.
What modern capitalism and the prosperity it brings have given us is a continuing expansion of what we consider core goods. At one time, human beings sought essentially three core goods food to fill our belly, clothes on our back, and a roof over our heads. But once technology made it possible to meet these core tasks using a far smaller proportion of our…

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In todays world of very easy central bank money, there would appear to be many instances of irrational exuberance in the emerging market economies. However, given its size and the considerable political risks that it faces next year, the emerging market country that could pose the greatest threat to the global economic recovery is Brazil, by far Latin Americas largest economy. US economic policymakers would ignore the Brazilian economic threat at their peril.
Judging by the markets favorable pricing of Brazilian risk, one could be forgiven for thinking that the country was in the…

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Digital transactions on Monday reached a record $6.59 billion, Adobe Insights unveiled Tuesday.

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Employees say lofty rewards tied to revenue pushed foreign-exchange staff to ignore agreed-upon fees. Years of whispers were confirmed in a conference call.

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Equities keep hitting record highs and volatility hovers near historic lows, all while geopolitical tensions abound. As a surreal bull market staggers onward, Bloomberg Markets asked around for reasons to worry.Quant Quake 2.0

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<p>Amazon shares rose on Tuesday on the back of strong online sales for Cyber Monday, leading the broader U.S. stock market higher.</p>

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“I don’t understand why they didn’t just do a corporate tax cut plus a really attractive middle-class tax cut.”&nbsp;

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“I don’t understand why they didn’t just do a corporate tax cut plus a really attractive middle-class tax cut.”&nbsp;

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