Articles filed under Bloomberg
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Wall Street's shady swap trades spark pushback from regulatorsAug 05, 2019 1:00 am - Wall Street's push to clean up a $10 trillion corner of the derivatives market is getting poor reviews from an important audience: global financial regulators. Behind cl...
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U.S. stocks have biggest plunge of 2019 amid trade tensionAug 05, 2019 1:00 am - Financial markets buckled after China escalated the trade war with the U.S., sending American stocks to the biggest drop this year and sparking a rally in global bonds. ...
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The old rules for building wealth are obsoleteAug 04, 2019 6:00 am - Sophia Bera wants to make something crystal clear: She is not your father's financial planner. That's Bera's marketing tagline, and evidence of it is all over the 35-yea...
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Young Instagram users give up privacy in search of metricsAug 03, 2019 6:20 am - Millions of young people are turning their personal Instagram accounts into "business" profiles to learn more about how their posts are performing. The trend has an unin...
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Eco-friendly mansions can hold hidden bargains for homebuyersAug 03, 2019 6:00 am - In 2012, Dani Mouawad purchased a 1.55-acre piece of property in Chapel Hill, North Carolina, then spent 10 months constructing a “sustainable, natural, health-promoting...
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Climate change is hurting the vegan ice cream industryAug 02, 2019 1:00 am - Vegan ice cream is a hot commodity these days. But violent storms that have devastated farms in Southeast Asia are are threatening to take away one of its best ingredien...
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Generic drug industry rocked by lawsuit alleging price-fixing that heaped billions onto patients, employers, taxpayersAug 01, 2019 1:00 am - Her patient's voice was panic-stricken, Emily Deans says, and her story was baffling. "She said, 'I can't fill my prescription, it's too expensive,''' says Deans, a psyc...
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Apple finds life after the iPhone (while still banking on the iPhone)Jul 31, 2019 1:00 am - Apple generated less than half of its total quarterly revenue from sales of the iPhone for the first time since 2012 - a sign the company is entering life beyond its fla...
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Fed looks locked in for quarter-point cut: Decision Day guideJul 31, 2019 1:00 am - The Federal Reserve is widely expected to lower interest rates by a quarter-point at its meeting that concludes Wednesday and leave the option open for additional moves ...
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Tipster's email led to arrest in massive Capital One data breachJul 30, 2019 1:00 am - Capital One Financial Corp. set up an email address for tipsters -- including "white hat" hackers -- to alert the company to potential vulnerabilities in its computer sy...