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Dollar Set for 3rd Week of Gains as Debt Talks Loom
The dollar was set for a third straight weekly gain Friday, as markets raised bets on higher-for-longer interest rates and amid closely watched last-ditch talks on the U.S. debt ceiling.
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Ford Shares Jump 7% on Tesla Superchargers Deal
Ford Motor Co. shares jumped by more than 7% on Friday after the No. 2 U.S. automaker announced a deal allowing its owners to gain access to rival Tesla Inc. charging stations in North America.
Ford CEO Jim Farley told CNBC on Friday that Tesla's Superchargers could become...
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Peter Reagan: 4 Ways to Protect Your Savings From Almost Anything
Most Americans are looking for ways to protect their retirement savings against the corrosive effects of inflation. Right now, inflation is still top-of-mind for everyone - fortunately, there are a few concrete things we can do right now.
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Marvell Shares Soar 28% Day After Nvidia's AI Surge
Shares of Marvell Technology (MRVL) soared 27.79% Friday after the chipmaker became the latest to project a big surge in revenue from the AI boom, days after larger peer Nvidia Corp. signaled the huge potential for the technology.
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Interview With Nigel Green on Ensuring Financial Security
Nigel Green is CEO and founder of deVere Group, which comprises of more than 100 legal entities around the world. These companies specialize in financial advice, insurance, low-cost investment solutions, asset management, online banking, cryptocurrency and fintech.
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Global Money Funds See Heavy Influx as Debt Looms
Global money market funds drew inflows for a fifth straight week in the seven days to May 24 as investors resorted to buying safer assets on caution with time running out for talks over raising the U.S. debt ceiling.
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Semiconductor Index Surges 6% on AI 'Gold Rush'
The Philadelphia semiconductor index hit its highest level in more than a year on Thursday and eyed its biggest one-day percentage gain in six months with artificial intelligence (AI) taking center stage after Nvidia Corp. wowed investors.
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Chip Giant Nvidia Nears $1 Trillion Status on AI Bet
Nvidia Corp. surged 24% Thursday in one of the largest one-day gains in value for a U.S. stock, after its stellar revenue forecast showed that Wall Street has yet to price in the game-changing potential of AI.
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Michael Busler: Smoke at the Pentagon? Why DC Must Address Market Manipulation
New images of smoke billowing from the Pentagon, reportedly from an explosion, sent the stock market into a panic this past week. And for good reason.
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Peter Reagan: New Debt Report Proves We're in Uncharted Territory
Credit fuels consumer spending, which makes up the majority of U.S. economic activity. But when credit contracts, debt grows expensive. Now, with household debt levels smashing old records, has the gas tank fueling the economy run dry?
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A 5-Step Strategy to Protect Your Retirement
Extreme market volatility and inflation have knocked seniors' retirement savings for a loop-but there are steps you can take to protect your personal wealth, experts say.
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Yields on Treasury Bills Maturing in June Jump to 7%
Yields on some Treasury bills that are due to be repaid in early June jumped to over 7% Wednesday as investors shunned debt that is a risk of not being repaid if the U.S. Treasury Department runs out of cash.
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JPMorgan Favors Bolstering Gold, Cash Holdings
JPMorgan Chief Strategist Marko Kolanovic says stocks' stellar run in 2023 could soon end and now is the opportune time to move more holdings to cash and gold, CNBC reports.
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Mid-Cap Retail Stocks Slip After Latest Batch of Results
Shares of U.S. mid-cap retailers mostly eased on Tuesday as the latest batch of quarterly results from companies including BJ's Wholesale Club Holdings provided more disappointments from the industry.
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George Mentz: Tax-Free Earnings Could Be Offered to all Workers via Stocks
In 1988, I boarded a jet in D.C. and when it took off, a law school buddy of my father's got up from 1st class and came back and sat with me for two hours to chat.
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Weight-Loss Drugs: The Next Gold Rush
Novo Nordisk and Pfizer Inc. reported data from two separate weight-loss pills that showed they were as effective as Novo's injectable drug Wegovy, intensifying a race to grab a chunk of the market.
The enormous demand for weight-loss treatments like Wegovy could support...
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Yelp Rises 10% as Activist Investor Seeks Angi Merger
Activist investor TCS Capital Management Tuesday urged Yelp Inc. to either explore a sale or a merger with online-services company Angi Inc., sending shares of the service-recommendation site 10% higher in premarket trading.
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Traders Expect S&P 500 to Dip Marginally by Year-End
The S&P 500 index of U.S. shares will slip marginally between now and year-end as past interest rate hikes, troubled regional banks and weak earnings weigh on sentiment, according to strategists in a Reuters poll.
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Bob Ciura: The Dogs of the Dow
The "Dogs of the Dow" strategy consists of investing in the 10 highest-yielding stocks in the Dow Jones Industrial Average.
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Peter Reagan: Debt Ceiling Standoff Threatens Social Security Benefits
If the debt ceiling standoff isn't resolved, 66 million Americans may lose a lot. If today's crisis is resolved, but not in a sustainable way, we could ALL lose a LOT more.
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Nigel Green: As Stock Markets Soar, Investors Warned of Complacency
Stock markets are buoyant on optimism that the U.S. will raise its debt ceiling, avoiding a default and global economic fallout, but investors now need to avoid complacency.
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Investors Still Pouring Into Cash, but Pace Slows
Investors pumped $25.1 billion into cash in the week to Wednesday, bought $5.6 billion of bonds and shed $7.7 billion of stocks, according to a report from BofA Global Research Friday.
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Trevor Gerszt: Is Zimbabwe's Gold-Backed Currency the Way of the Future?
Question: which country recently announced its first sale of a gold-backed currency? You might think it's China, which has been consistently adding to its gold holdings for years. Or maybe Russia, one of the world's largest gold producers.
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Bob Ciura: 3 Blue Chip Tech Stocks for Income Investors
The technology sector is generally associated with growth stocks. Many stocks do not pay dividends, although this has begun to change.
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Steve Cohen 'Pretty Bullish' on Markets Because of AI
Billionaire hedge fund manager and New York Mets owner Steve Cohen thinks investors are too worried about a market downturn, Bloomberg reports.