Category Archives: Industry News

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The Wall Street Journal: Shopping with a credit card could soon get more expensive

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Visa and Mastercard are preparing to increase the feeds they charge merchants.

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Currencies: Dollar holds strength amid mixed data, set for weekly gain

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The U.S. dollar strengthens on Friday amid myriad economic data and Congressional moves that appear set to avoid a partial government shutdown, with President Trump expected to declare a national emergency on border security.

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Economic Report: U.S. industrial production falls in January for the first time in eight months

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U.S. industrial production fell 0.6% in January, the first decline since last May, the Federal Reserve said Friday.

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Top Ten: Weekend round: Soros on saving Europe | More airline stupidity | Dividend stocks

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Also, a rough earnings season for marijuana companies and Amazon’s exit from New York.

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Market Extra: Presidents Day: Everything you need to know about market closures on Washington’s Birthday

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U.S. financial markets will take a break on Monday in observance of Presidents Day.

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Scout24 jumps on private-equity takeover offer

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(Adds share price reaction, chairman’s comments, analysts’ comments, background) –Scout24 management and supervisory boards have supported a takeover offer from Hellman & Friedman and Blackstone that give the company an enterprise value of EUR5.7 billion –The German company had rejected a takeover offer of EUR43.

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Bond Report: Treasury yields notch biggest weekly gain in a month as China-U.S. tensions ease

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Treasury yields on Friday mostly rise for the day, pushing government bonds to the best weekly gains in about a month as investors looked past bonds to riskier assets while digesting apparent progress in Sino-U.S. tariff negotiations.

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U.S.-China trade round wraps up with minimal progress toward expected memorandum of understanding

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Chinese and U.S. trade negotiators wrapped up their latest round of ongoing talks Friday, citing measured progress toward a memorandum of understanding that could serve as the framework for a deal that President Trump and Chinese leader Xi Jinping coul… Continue reading

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Metals Stocks: Gold jumps on reports of Sino-U.S. trade-talk progress, turns higher for the week

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Gold futures climb on Friday, as progress in trade talks in the final day of this week’s round of U.S.-China trade negotiations is seen as bullish for the yellow metal, overshadowing a firmer dollar and a pick up in global equity markets.

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Bernie Sanders says it’s time for the super rich to ‘do the morally right thing’

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Social Security is facing insolvency in 15 years; Sanders and some Democrats in Congress propose raising the amount of income that can be taxed, among other initiatives.

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