Finance
Forever 21 Founders Lost Billionaire Status
The couple behind the fast-fashion retail company, Forever 21, had lost nearly $4 billion since 2015 when the sluggish sales...
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PayPal becomes the first foreign investor in China’s fintech industry
The People's Bank of China (PBC), the central bank of the Asian economic supergiant, has approved the application of Paypal,...
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Analyst said UK is already on recession
A looming recession has already been heavily rumored in the past few months, and an economic analyst thinks that the...
Read moreAnalysts say lending rate spikes this week will not lead to a recession
A week-long economic and market turmoil has been putting people on edge as it brings back memories from the 2008...
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More than 50% of CFOs in US worry about an upcoming recession, survey shows
Many economic and financial experts have been warning people of the brewing recession that may come to the United States...
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Millennials owe $27,900 in debt on average, report shows
Millennials and Gen Z are debt-ridden cohorts with an unexpected amount in average a new report reveals. Millennials, who account...
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The rich are not spending and the middle class is spending more means recession, analyst says
Analysts have been warning about a brewing recession, and now they found another telltale sign: the rich are cutting down...
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Trump increases Chinese tariffs amid escalating trade war
The new chapter in the Sino-American trade saga had come when President Donald Trump said that he would increase tariffs...
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Uber and UberEats offers 3% rebate for Apple Card users
Earlier this week, tech giant Apple AAPL, +1.08% announced that Americans could start applying to get their new Apple Card, a credit card...
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China’s Central Bank lowers lending rates starting Tuesday
For decades, the Chinese economy is expanding in a prolonged slow rate, and the Chinese Central Bank's solution is to...
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Dow plunges indicative of a brewing recession and Trump is ‘doomed,’ strategist said
The unexpected plunge of The Dow Jones Average on Wednesday is an indication that a recession is brewing and Donald...
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US Government to Ban Business with Huawei
The White House aims to move forward with the proposed ban on federal agencies having the ability to make purchases...
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China Devalues Currency Causing Dow Jones to Plummet
The trade war took another step in the wrong direction yesterday as China decided to devalue their currency to hit...
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Dow Plummets 230 Points Amid Fears of Trade War with China
As talks continue between the US and China, there is another new proposed tariff on the trade with China that...
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Apple Moves End-production to China as President Trump Suspends Trade-war
The newly designed Mac Pro, a product targeted towards professionals, will not undergo its final assembly in their Austin, Texas...
Read moreStocks Close Higher But Will Things Change After Trump-Xi Meeting?
Stocks closed higher, Friday, with banks taking the lead but investors remained focus on the results of the long-awaited meeting...
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Volatile Stock Market Ahead Of Fed Cuts
Earlier this month, Jerome Powell from the Federal Reserve, teased about setting new rate cuts despite the on-going U.S.-China trade...
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Experts Slammed Trump’s Claim Of Market Havoc If Not Re-Elected
This week, President Donald Trump sent out a tweet, warning citizens of a possible market crash that's "never been seen...
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More Than 600 Companies Urged Trump To End Trade War
More than 600 U.S. companies have sent a letter to President Donald Trump, urging his administration to find ways to...
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PetSmart Exceeded Expectation On Chewy (CHWY) IPO.
Chewy shares sold 46.5 million during the Initial Public Offering earlier today. The sale exploded more than the expected 41.6...
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