Archive for November 28th, 2018

For more than 30 years, Intel Corp. has dominated chipmaking, producing the most important component in the bulk of the world’s computers. That run is now under threat from a company many Americans have never heard of.

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<p>Economists caution against reading too much into Fed chief’s remarks.</p>

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Ford Motor Co. and General Motors Co. both need to overhaul their U.S. manufacturing base to cope with consumers’ drastic switch to SUVs from sedans. Only one is poised to make that adjustment without ticking off the president.

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When Microsoft went public in 1986, co-founder Bill Gates instantly became one of the richest people in the U.S. With his newfound wealth, he decided to pay off his $150,000 mortgage.

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<p>Stocks ripped higher Wednesday after Federal Reserve Chairman Jerome Powell said interest rates are close to neutral, a change in tone from remarks the central bank chief made nearly two months go.<br></p>

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<p>Stocks rose Wednesday as traders awaited a key speech from the top Federal Reserve official, while hopes for a U.S.-China trade truce lifted sentiment on Wall Street.</p><p></p>

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Fed's gradual rate hikes balance against risks: Powell

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The housing market’s future depends on what happens to interest rates.

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Trump says studying new auto tariffs after GM restructuring

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Are you equipped emotionally to accept the caregiving you may need?

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The Federal Reserve issued a cautionary note Wednesday about risks to financial stability, saying trade tensions, geopolitical uncertainty and a buildup in corporate debt among firms with weak balance sheets pose potentially strong threats.

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The housing market’s future depends on what happens to interest rates.

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Automaker to save $4.5 billion through massive job cuts, but it's spent far more than that trying to boost stock price

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Wall Street's eyes will be glued on Federal Reserve Chairman Jerome Powell when he delivers Wednesday what will be the most critical speech of his short time leading the central bank.

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<p>Stocks rose on Wednesday as investors awaited a key speech from the top Federal Reserve official, while hope that a U.S.-China trade truce could come lifted sentiment on Wall Street.</p>

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