Investing

Whenever news about the stock market makes the headlines, a new wave of speculation arises about the people who work behind-the-scenes when these market movements occur. Wall Street stockbrokers and traders remain elusive for most people. In fact, they may as well be wizards behind curtains with special powers to influence the economy. And for
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Key Takeaways Exxon’s upstream segment net income came in above consensus estimates, rebounding sharply from the year-ago quarter’s pandemic-depressed lows. The upstream segment is involved in the exploration and development of oil and natural gas properties as well as the extraction and production of crude oil and natural gas. It benefits from higher oil prices.
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Whatever the shock to markets, equity investors have a strong impulse: buy the dip. The latest ructions relating to China’s apparently poorly anticipated crackdown on foreign-listed shares could test this reflex. The buy-the-dip muscle memory is strong. One after the other, potential hits this year have proven to be passing hiccups. An explosion of retail
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The summer vacation season brings joy to many people, but for some, the longing for a year-round second home brings a touch of melancholy. If you are one of those people who would love to own a place for weekend getaways and long lazy vacations in every season, the first consideration should be how to
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If you do an internet search on forex broker scams, the number of results is staggering. While the forex market is slowly becoming more regulated, there are many unscrupulous brokers who should not be in business. When you’re looking to trade forex, it’s important to identify brokers who are reliable and viable, and to avoid
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Direct vs. Indirect Distribution Channel: An Overview A distribution channel is a chain of businesses or intermediaries through which a good or service passes until it reaches the end consumer. Channels are broken into direct and indirect forms. Distribution channels can include the manufacturer, warehouses, shipping centers, retailers and even the internet. Direct channels allow the
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Billionaire businessman Ken Langone told CNBC on Wednesday he expects higher-than-usual inflation to hit the U.S. economy for longer than the Federal Reserve anticipates. In an interview on “Squawk Box,” the Home Depot co-founder said both raw material and labor shortages have caused increased consumer prices during the pandemic economic reopening. Now, the potential for
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