Archive for June 3rd, 2019

<p>Technology giants are girding for sweeping investigations into their business practices as top U.S. antitrust officials and lawmakers carved out a battle plan targeting Silicon Valley’s best-known names, sending shares tumbling and raising the prospect of a drawn-out fight with the government.</p>

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Oil edged closer to a bear market collapse as Wall Street banks raised the specter of a recession, while Saudi Arabia tried to assure investors that OPEC will avert a supply glut.

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The situation is so unprecedented that financial planners say there isn't a reliable model for predicting where the chips will fall.

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Apple, Google, Facebook and Amazon are facing potential regulatory scrutiny and investors are paying close attention.

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For years, Tesla Inc. has hauled in revenue by selling credits to other carmakers that needed to offset sales of polluting vehicles to U.S. consumers. These sorts of transactions have largely been shrouded in secrecy — until now.

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The house that Tony Soprano called home is listing for sale 20 years after its television debut.&nbsp;

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"At the end of the day, prices will go up on things."

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Hint: It's something that applies to each and every one of us.

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Top officials from the U.S. and Mexico will begin talks in a scramble to fend off President Donald Trump's threat of devastating tariffs on the southern ally and meet his demand for fewer migrants at the border. Trump is in London for a long-planned overseas trip, leaving others to stem a potential trade crisis. It's unclear what more Mexico can do to satisfy the president. Trump's Republican allies warn that the tariffs on Mexican imports will hit U.S. consumers and harm the economy.

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Amazon announced on its last earnings call it would spend $800 million in the quarter to expand free one-day shipping for Prime members.

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<p>Stocks traded slightly higher on Monday, the first trading day of June, but gains were kept in check after China’s rhetoric on U.S. trade relationship intensified over the weekend.</p>

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U.S. stock index futures were sharply lower Monday morning, as market participants monitor an intensifying trade dispute between the world's two largest economies.

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Trump has frequently attacked CNN's coverage of him, dating to his time as a presidential candidate.&nbsp;

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Fannie Mae and Freddie Mac’s watchdog has a vision for ending U.S. control of the mortgage giants that hinges on the companies holding more capital.&nbsp;

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