Month: October 2019

The Wall Street and political junkie arms of Twitter are, well, all a-twitter over an article in Vanity Fair implying that someone has been pocketing billions by front-running sudden policy shifts by President Trump. We don’t want to spend too much time debunking the article, which has been dismantled in detail by others, including Matt […]

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California’s unemployment rate dropped to the lowest it has been in four decades as the Golden State outpaced the nation in job creation last month. Joblessness stood at 4% in September, less than in any month since the current methodology was introduced in 1976, state officials reported. That was down from 4.1% in August and […]

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As WeWork prepares to cut potentially thousands of jobs this month and more executives head for the exits, SoftBank Group Corp. is assembling a rescue financing plan for WeWork that may value the office-sharing company below $8 billion, according to people familiar with the discussions. The new figure is a fraction of the $47-billion valuation […]

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Click:travel agency in china The Standard & Poor’s 500 index closed out an uneven week of trading on Wall Street with its second straight weekly gain, even though stock indexes lost ground Friday. Technology companies led the slide, which erased the major U.S. indexes’ gains from the day before. Communication services, industrial and healthcare stocks […]

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WASHINGTON —  The Supreme Court said Friday it will hear a constitutional challenge to the semi-independent status of the Consumer Financial Protection Bureau, a government agency created by Congress in the wake of the Great Recession to police mortgage providers, credit card issuers and other consumer lenders. At issue is whether the bureau’s director has too […]

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WASHINGTON —  President Donald Trump is pushing back at criticism that his Syria withdrawal is damaging U.S. credibility, betraying Kurdish allies and opening the door for a possible resurgence of the Islamic State. He touted a cease-fire agreement that seemed at risk as Turkey and Kurdish fighters differed over what it required and whether combat had […]

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