Archive for May 29th, 2019

<p>Stocks fell on Wednesday as bond yields declined again, triggering concerns about the economic outlook. </p>

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For months, President Trump had been putting pressure on the chief executive of General Motors, Mary T. Barra, because she had decided to idle an Ohio factory and lay off 1,600 workers.

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<p>U.S. stock index futures were sharply lower Wednesday morning, as bond yields fell again triggering concerns about the economic outlook. Increasing trade tensions in the China-U.S. trade fight also weighed on markets.</p>

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The 2020 presidential candidate says giving workers control over their companies would be a "major, major" part of his administration.

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Bullish calls on Amazon.com Inc. are getting louder, as Pivotal Research Group analyst Michael Levine began covering the online retail giant with a buy rating and 12-month price target of $2,750, the highest on the Street.

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Risk aversion has increased in recent days, with disappointing economic data in major economies reawakening fears of a global recession.

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Sundar Pichai was, for years, one of the world’s highest-paid corporate executives. Now he’s facing the opposite reality: No big paychecks at all.

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With consumer and corporate confidence waning, the economy could slowdown "if something doesn't change soon," Jim Cramer says.

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Huawei is pressing on with its lawsuit against the United States, challenging the constitutionality of a US law banning federal agencies from buying its products.

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