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Tag Archives: Markets

Millionaires Now Control Half of the World’s Personal Wealth

The rich are getting a lot richer and doing so a lot faster.Personal wealth around the globe reached $201.9 trillion last year, a 12…
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The $1.4 Trillion U.S. Surplus That Trumps Not Talking About

The U.S. has a surplus of $20 billion with China and $1.4 trillion with the rest of the world.That’s not a normal trade…
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How Canada’s Sacred Cows and 270% Tariffs Set Trump Off at G-7

The Group of Seven ended with an explosion -- Donald Trump unloaded on Justin Trudeau and washed his hands of the summit.And he…
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This Stock’s 9,500% Rally Created a Town of Millionaires

At most big companies, it’s pretty clear who the millionaires are: top executives, rainmakers, science whizzes with PhDs.But at China’s Bloomberg. The previously…
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Mexican Banks Are Said to Have Been Targeted in Cyber Attack

Cyber attackers attempted to penetrate Mexico’s electronic payment systems Friday, forcing three banks to enact contingency plans, according to people familiar with the…
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Deutsche Bank’s Bad News Gets Worse With $35 Billion Flub

Most of money quickly returned and no financial harm suffered Derivatives payments mistake larger than bank’s market value Deutsche Bank AG just got…
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U.K. to Seek Ban on Domestic Sale of Plastic Straws, Cotton Buds

The U.K. promises to ban the sale of single use plastic drinking straws and cotton buds later this year in a bid to…
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A Trader Named Morgan Stanley Just Left Morgan Stanley

Morgan Stanley. No, really.The fixed-income trader, who just happens to share a name with the 82-year-old Wall Street firm, has left the bank,…
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Trump Backs State-Level Marijuana Regulation, Lifting Pot Stocks

President Donald Trump endorsed letting states decide how to regulate marijuana, in a major boost for the legal pot industry.Colorado Republican Senator Cory…
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The U.K. Just Went 55 Hours Without Using Coal for the First Time in History

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