Investing

More than 70 British business groups representing more than 7m workers have made a last-ditch attempt to persuade politicians to return to the table next week to strike a trade deal between the EU and UK. Organisations from across British business in automotive, aviation, chemicals, farming, pharmaceuticals, tech and financial services sectors have united to
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Ming Dao, a 57-year-old Chinese-American who came to the US almost 30 years ago, is a recent convert to Donald Trump’s campaign. Over the past two years, he has started at least 10 social-messaging groups with names such as “Americans for President Trump” to reach fellow Chinese-American voters. But these groups could disappear at any
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Approximately 2,000 Robinhood accounts were accessed by hackers and looted during the week of October 5, according to Bloomberg. Victims told Bloomberg that their trading accounts were hacked in spite of already having set up account protection. A Robinhood spokesperson tells us, “A limited number of customers appear to have had their Robinhood account targeted
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French police have detained nine people after a Chechen Muslim decapitated a history teacher near Paris on Friday for having shown his pupils satirical cartoons depicting the Prophet Mohammed in a lesson about freedom of speech.  The assassination of 47-year-old Samuel Paty in a street near the school in Conflans-Sainte-Honorine was immediately condemned by the
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In classical economics, no concept is more important than that of utility. The theory of utility is that every transaction we make in the marketplace is an attempt to maximize our satisfaction, however we choose to define that. While utility is at the top of the list, convenience isn’t far behind. A company that makes
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The CUSIP number, also known as the Committee on Uniform Securities Identification Procedures number, is a unique nine-character identification number assigned to all stocks (and registered bonds) in the U.S. and Canada. It is used to create a concrete distinction between securities that are traded on public markets. The system is in place to facilitate
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Specialization, along with the complementary concept of the division of labor, occurs when the innate inequalities of human productive output are intensified along different skills. An individual becomes economically specialized when he focuses his productive efforts on an increasingly narrow range of tasks. The most obvious economic impact of specialization can be seen in the
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As a land of sunny ocean beaches and warm highland rainforests, cosmopolitan cities and quaint mountain towns, Panama is a popular destination for retirees and others seeking a comfortable lifestyle in a tropical paradise. The cities of Santa Fe and Boquete are beautiful highland destinations, while Coronado is the perfect home base for beach lovers.
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David Solomon, CEO, Goldman Sachs, speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020. Adam Galacia | CNBC Goldman Sachs reported its third-quarter earnings before the opening bell Wednesday. Here’s how the company did: Earnings: $9.68 per share, vs. $5.57 expected by Refinitiv’s consensus estimates. Revenue: $10.78 billion, vs. $9.46 billion expected
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© Getty Images A couple of months ago we asked if Qanon, the online conspiracy that claims Trump is saving the world from corrupt pedophiles, is actually a LARP (i.e. a live-action role-playing game). The whole structure of the conspiracy, especially its puzzle-solving elements, seemed to us to emulate the constructs of a purposefully planned
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For decades, much of Latin America was a morass of hyperinflation and political instability – hardly the most prudent region of the world in which to conduct business. While Western Europe, the United States, Canada, Japan, South Korea, Australia, New Zealand, and other developed realms continued to benefit from mutual trade, the Spanish- and Portuguese-speaking
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Several of the most fiercely contested states in the US presidential election showed sharp increases in coronavirus cases on Thursday, pushing the number of infections nationwide to their highest levels since a summer outbreak. Wisconsin, Ohio and North Carolina — which Donald Trump won four years ago but where statewide polling shows Democratic challenger Joe
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The time may come when life insurance policy owners want to rid themselves of the policies they own. Maybe they simply no longer want to pay the premium, or they find themselves in a position where they need to access cash due to a major—and often unexpected—expense. Still, others just don’t believe they need the
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James Gorman David A. Grogan | CNBC Morgan Stanley is set to report third-quarter earnings before the opening bell on Thursday. Here’s what Wall Street expects: Earnings: $1.28 a share, less than 1% higher than a year earlier, according to Refinitiv. Revenue: $10.64 billion, 6% higher than a year earlierWealth management: $4.45 billion, according to
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Wisconsin reported its third-biggest one-day jump in new Covid-19 cases on Wednesday, just hours after a state judge temporarily blocked an order from the governor’s administration limiting the number of people in bars or attending indoor gatherings in an effort to curb the continued spread of coronavirus in the state. California’s daily coronavirus death toll
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