Americans hoping for stronger data privacy protections may find a foe in Brett Kavanaugh, President Donald Trump’s nominee to replace Supreme Court Justice Anthony Kennedy. As a justice on the U.S. Court of Appeals for the D.C. Circuit, he dissented against his colleagues’ 2017 decision to uphold net neutrality, the Obama-era regulation requiring internet service […]
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The U.S. economy is more vibrant than it has been in years, yet the bond market insists a recession could be on the horizon. Some market pros say that warning from the Treasury yield curve, which has long been viewed as reliable, is not as relevant as it once was because of the long years […]
Read moreAdd India to the list of countries that are growing frustrated with the U.S. administration’s trade policy. On Thursday, a group of top executives and government officials from India met in Washington with U.S. trade representatives and others at the Annual Leadership Summit of the U.S.-India Strategic and Partnership Forum (USISPF). Many expressed their concern […]
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You knew Amazon was big. But did you know it was this big? Amazon’s e-commerce sales in the U.S. are expected to reach a staggering $258.2 billion this year, up nearly 30 percent from a year ago, according to a new survey from eMarketer that looks at the company’s sales by product category. That means […]
Read moreFacebook’s market leading position in the advertising market is unmatched, according to Jefferies. The firm raised its price target to $240 from $215 for Facebook shares, predicting its second-quarter sales results will be above expectations. Jefferies also reiterated its buy rating for the company. “We see continued strength from advertisers seeking the best ROI online […]
Read moreThis year, Amazon is extending Prime Day deals to discounts on food purchases in store at Whole Foods, one year after acquiring the grocery chain. Since the retail giant has acquired online pharmacy firm PillPack, that got me thinking — what kind of Prime Day deals could Amazon come up with for health care in […]
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While it makes sense that richer countries would have better infrastructure and wealthier citizens with time to enjoy sports, that isn’t a clear indicator for success. Baig notes that China is a cautionary tale about trying to buy soccer success. “It’s not the quantity but the quality of investment,” he said. Despite spending more than […]
Read moreThe 12 Thai boys rescued from the flooded Tham Luang cave complex in Thailand have survived the extreme physical duress, but now they may face a daunting mental challenge: post-traumatic stress disorder. While officials have said the boys’ overall health is fine, health-care experts are concerned for the boys’ long-term mental health. Pediatric clinicians believe […]
Read moreNetflix bulls have been rewarded this year, to say the least. With the stock’s more than 110 percent gain so far in 2018 and what some Wall Street analysts see as an unchallenged perch in the streaming space, Netflix is far outpacing the market and many of its peers in media. But risks surround the […]
Read moreWorld Wrestling Entertainment shares triple-digit return so far this year has much more to go, according to Morgan Stanley. The firm raised its price target for the media company to $100 from $58, representing 34 percent upside to Thursday’s close. It is the highest target out of the 12 analysts who cover WWE, according to […]
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