CategoryEconomy

5 Signs Your Business Is Ready for a Credit Card

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So when is the right time to get your business its own credit card If these five indicators sound familiar, now may be time to apply for one If you travel for work, getting a company credit card should be on top of your ever-growing to-do list This will also help you keep track of receipts and other important information crucial to your bookkeeping But a major bonus of using your business credit...

U.S. stocks end lower after Trump threatens to shut down the government

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US stocks ended with modest losses on Wednesday, after President Donald Trump threatened to shut down the US government if Congress doesn't fund his campaign pledge to build a wall on the Mexican border, a policy with low approval ratings in Congress The Dow Jones Industrial Average DJIA, -040% fell 04% to 21,813 The S&P 500 SPX, -035% lost 04% to 2,444 The Nasdaq Composite Index COMP, -030%...

Youngest in Your Family? You’re More Likely to Be Self-Employed, Study Finds

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According to a fascinating new study by Swedish and American academics and published by the National Bureau of Economic Research, children who are born later than their siblings are more likely to be self-employed These findings align nicely with a previous study by the University of Birmingham that was released in 2016 What’s more, the figure rises to 65% for those youngest children of...

Young Black Men Excel: In the Peace Corps

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Morton grew up in Harlem and has done quite a bit of international travel Image: LinkedIn) How did you learn about The Fellowship Initiative This program provides young men of color with tools and access to resources that would otherwise be unavailable to them TFI partners with exceptional nonprofit organizations to create a “village” that helps us reach our potential For example, in high school...

The Dow industrials have not had a 1% up day since April

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The Dow Jones Industrial Average on Wednesday was on pace to mark its longest streak without a gain of at least 1% in more than a decade, according to WSJ Market Data Group The Dow DJIA, -027% hasn't posted a rise of at least 1% since April 25, when it rallied 232 points or 11% If it fails to do so on Wednesday, it would mark 84 trading days without such an advance, the longest since an 102...

Danny Glover Becomes an Official Adviser for Airbnb

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Airbnb has come under fire in the past for having multiple issues with diversity Today, Airbnb is announcing a partnership with actor and activist, Danny Glover This isn’t some ploy to position the Award-Winning actor in an ooohhh look at us, we celebrate diversity, in an influencer marketing type of way “Airbnb is excited to welcome Danny Glover to our community as an adviser for our efforts to...

U.S. credit rating will be reviewed if debt ceiling is not raised: Fitch

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Fitch Ratings said Wednesday it will review the US debt rating if the debt ceiling is not raised, as it reiterated that prioritizing payments may not be compatible with a Triple-A rating Prioritizing payments is an idea some Republicans have advanced if the US were not to raise the debt ceiling in time Fitch added that a government shutdown would not have a direct impact on the AAA rating but...

Builder ETF in decline as U.S. new-home sales skid to 7-month low

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Exchange-traded funds that track home-building stocks fell on Wednesday, after data showed that new-home sales fell 94% in July, a steeper fall than had been expected The SPDR S&P Homebuilders ETF XHB, -082% lost 09%, while the iShares US Home Construction ETF ITB, -095% was down 05% The SPDR fund remains up more than 10% in 2017, although it has dropped 35% over the past month Sales of newly...

Dow retreats by 85 points early Wednesday; Home Depot is sharpest decliner

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US equity indexes opened lower Wednesday on renewed worries about US trade relations and domestic policy, in jeopardy of reversing the previous session's healthy gains The S&P 500 index SPX, -026% traded 03% lower at 2,444, while the Dow Jones Industrial Average DJIA, -027% was 04% down at 21,821 Meanwhile, the Nasdaq Composite Index COMP, -023% declined 03% to 6,274 after ending producing the...

Some markets closed as deadly typhoon strikes Hong Kong, Macau

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Published: Aug 23, 2017 6:51 am ET Hong Kong's Hang Seng stock exchange HSI, +091% was closed for trade on Wednesday, when a deadly typhoon bringing wind gusts of 130 miles an hour slammed into the area At least three people were killed in Macau Typhoon Hato, the first category 10 storm to hit the island state since 2012, forced schools, government offices and businesses to shut down, while also...

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