Facebook will now let you temporarily mute a friend’s posts from your News Feed with a new feature called Snooze. Facebook users could already unfollow someone, hiding their posts entirely without unfriending, but the Snooze feature only mutes the posts for 30 days. “Seeing too many photos of your uncle’s new cat? Is your friend […]
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Investors are scrambling to determine which companies will benefit most from President Donald Trump’s policy initiatives, including the current Republican plan for tax cuts. JPMorgan’s top analysts weighed in on the discussion, with Dubravko Lakos-Bujas – the bank’s head of U.S. equity strategy – telling clients that corporate tax cuts spell a “goldilocks” scenario for […]
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Nike shares have moved into high gear, surging nearly 30 percent this year to their highest level since 2016, and Larry McDonald of the Bear Traps Report says the Dow stock may have run too far, too fast. The athletic apparel maker has been on a tear this week, rallying nearly 6 percent and outperforming […]
Read moreElon Musk’s rocket company made NASA history Friday, as SpaceX became the first company to launch a resupply mission to the International Space Station on a reused rocket. The mission, known as Commercial Resupply Services 13 (CRS-13), launched from Cape Canaveral Air Force station in Florida on a Falcon 9 rocket previously flown for CRS-11 […]
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Goldman: Earnings from these retailers, including Best Buy and CarMax, will surge under GOP tax plan
President Donald Trump and the Republican Congress will likely pass tax reform in the near future. Goldman’s retail analyst believes retail stocks will be big winners from tax reform. The Republican current deal reportedly features a corporate tax rate reduction to 21 percent from 35 percent, starting in 2018, and a top individual rate of […]
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WHEN Donald Trump became America’s president nearly a year ago, lobbyists campaigning for protection for the country’s airlines against competition from the Middle East were overjoyed. But they were less happy on December 13th when it was revealed that Donald Trump has decided to hold off on imposing sanctions against the three big Gulf carriers—Emirates […]
Read moreIt’s crunch time for gift givers this holiday season. With 10 days left to Christmas, retailers are hoping to cash in on the final stretch of shopping. So far, spending is strong. While the sales growth rates vary between different data gathering firms and techniques, the overall trend shows a better holiday season for retailers […]
Read moreTwenty-First Century Fox CEO James Murdoch is in an advantageous position after the Disney deal, Hollywood mogul Jeffrey Katzenberg told CNBC on Friday. Disney announced on Thursday its intention to buy major Fox assets in a transaction worth $52.4 billion in stock. Murdoch, son of Fox chairman and media titan Rupert Murdoch, will help Disney […]
Read moreIf you missed this year’s stock rally, fear not: Equities will go higher next year, according to Richard Bernstein, the CEO of Richard Bernstein Advisors. “Earnings around the world are still accelerating,” Bernstein told CNBC’s “Power Lunch” on Thursday. “It’s really hard to get a bear market going when earnings are accelerating.” He also noted […]
Read moreYou don’t have to be a billionaire to live like one. Facebook founder Mark Zuckerberg famously wears a grey t-shirt and jeans. All the time. Occasionally, he completes the famous Silicon Valley uniform with a hoodie. By reducing the number of decisions he makes each day, like what to wear, he frees up brain power […]
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