• With strong second quarter, US GDP growth up to 3 percent
With strong second quarter, US GDP growth up to 3 percent

Consumer spending, which makes up more than two-thirds of the USA economy, grew at a 3.3 percent rate, the fastest in a year, reflecting more spending on motor vehicles, cellphones, housing and utilities than previously estimated. Current-dollar GDP increased 4.0 percent, or $189.0 billion, in the second quarter to a level of $19,246.7 billion. S...

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  • Kardashians Donate $500K, Chris Brown $100K, The Rock $25K Toward Harvey Relief
Kardashians Donate $500K, Chris Brown $100K, The Rock $25K Toward Harvey Relief

Today, one of the world's biggest movie stars has also hopped on board with Hart's movement to help the people of Houston . "Some meaningful, some meaningless, but we've all done it", Hart said on Instagram . Hart said in an Instagram video that he would be donating $25,000 personally, pleading with his celeb pals to " help me help Houst...

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  • Did Freeport-McMoRan Give Up Too Much in Indonesian Deal?
Did Freeport-McMoRan Give Up Too Much in Indonesian Deal?

Suntrust Robinson downgraded it to "Hold" rating and $120 target in Monday, December 19 report. The rating was downgraded by Argus Research to "Hold" on Wednesday, February 3. The target implies a -13.21% decrease from where the shares are now trading. Oppenheimer & invested in 241,751 shares or 0.09% of the stock. The plan was created to prevent...

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  • Prices may drop at Whole Foods locations
Prices may drop at Whole Foods locations

Whole Foods earned a reputation for high prices, getting the nickname Whole Paycheck. Looking to expand their foothold in the brick-and-mortar grocery store industry, Amazon purchased Whole Foods earlier this year for a whopping $13.7 billion.

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  • Michigan Wolverines Debut First Ever All-Maize Jordan Uniforms
Michigan Wolverines Debut First Ever All-Maize Jordan Uniforms

Harbaugh has come under a bit of fire this month for not releasing a new version of Michigan's roster. "The quarterback situation, we have a plan that's in place", McElwain told reporters . That was his choice in doing it, which is probably not something I'd do. "Yes, we'd like to have that information from them". As for Michigan's color rus...

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  • PV Sindhu reached Finals of World Badminton Championships
PV Sindhu reached Finals of World Badminton Championships

It was Sindhu's third medal at the World Championships, with a bronze apiece from the 2013 and 2014 editions in her bag. The Indian, who now has won three World Championship medals, said there was no need to tinker with the format and scoring pattern to ensure short contests.

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  • Amazon's price-slashing plan for Whole Foods rattles industry
Amazon's price-slashing plan for Whole Foods rattles industry

Who needs that when you have millennial-friendly Amazon? John Mackey will remain chief executive of Whole Foods and the company will operate as a subsidiary and continue to be headquartered in Austin, Texas, the companies said on Thursday.

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  • Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA) reported Beta of 0.59
Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA) reported Beta of 0.59

The value in dollars increased from $32,883,000 to $32,969,000 increasing 0.3% quarter over quarter. The shares were sold at an average price of $309.05, for a total transaction of $6,181,000.00. The rating was maintained by Buckingham Research on Friday, August 28 with "Buy". Ulta Salon Cosmetics & Fragrance Inc (NASDAQ:ULTA) institutional sen...

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  • All you need to know about Jackson Hole Symposium
All you need to know about Jackson Hole Symposium

In a speech titled "Financial Stability a Decade after the Onset of the Crisis", Yellen focused on the fact that any changes to financial regulation should be "modest" and suggested that "substantial progress" had been made on the Fed's dual mandate.

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  • Apple focusing on self-driving technology, not building cars
Apple focusing on self-driving technology, not building cars

The shuttle project is reportedly called " PAIL ", short for Palo Alto to Infinite Loop , and will be built on to another vehicle manufacturer's van rather than on something Apple itself will make. You can read the full New York Times report here . Another example is the Waymo which is a Google self-driving prototype. Not just a vehicle , ...

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  • Trump feud with Republican allies puts agenda in doubt
Trump feud with Republican allies puts agenda in doubt

And it's part of a pattern of this administration that's trying to bully or threaten senators like they did with John McCain and with Lisa Murkowski of Alaska during the health care vote. None of this has much effect on the president's historically low approval ratings , which remain stuck in the mid-30s - down from the low 40s four months ago.

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  • Apple gets $208M in tax breaks to build Iowa data center
Apple gets $208M in tax breaks to build Iowa data center

Reynolds credited Iowa's productive workforce, central location, infrastructure and lead role as a provider of low-priced renewable energy as key factors in Apple's decision to join other tech giants such as Facebook , Google and Microsoft to build data centers in Iowa.

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  • It's official! Government confirms Rs 200 notes to be released soon
It's official! Government confirms Rs 200 notes to be released soon

The new notes of Rs 200 will greatly help in narrowing the demand and supply gap in smaller-denomination currency bills. There are no denominations in India between the currency notes Rs 100 and Rs 500. Initially, the total value of new Rs 200 notes would be around 50 crore. Soon Rs 200 currency note is going to be a reality. "A large number of...

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  • Ford to launch scrappage incentive scheme
Ford to launch scrappage incentive scheme

Under Ford's scheme, consumers will receive a scrappage incentive of between £2,000 and £7,000 on a variety of its vehicles. Andy Barratt, managing director of Ford in Britain, said that removing the most polluting vehicles would have an immediate and positive effect on air quality.

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  • Sempra seals deal to buy Oncor
Sempra seals deal to buy Oncor

The deal is expected to close in the first half of 2018, following approvals by the Texas Public Utilities Commission, U.S. Bankruptcy Court of Delaware, Federal Energy Regulatory Commission, and the U.S. This will be Sempra's largest acquisition since it was formed in 1998. Oncor is a division of bankrupt Energy Future Holdings Corp . Sempra ...

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  • What the heck is Taylor Swift trying to tell us?
What the heck is Taylor Swift trying to tell us?

BuzzFeed points out small ways Swift has incorporated space-related themes on social media and in other appearances, so fans are theorizing that the cryptic posts coinciding with the solar eclipse are not an accident. Taylor Swift is continuing to throw her listeners into a frenzy. Now, with new music on the way, we can only guess how much ...

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  • Technology companies move to 'kick neo-Nazis off the internet'
Technology companies move to 'kick neo-Nazis off the internet'

Writing in a Facebook post Wednesday, the CEO said white supremacists and neo-Nazis are a "disgrace", while criticizing the "polarization in our culture ". Facebook had previously run into problems with the anonymous group during the Black Lives Matter movement past year, around the time Zuckerberg spoke out against workers who crossed out "B...

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  • Idaho July unemployment rate declines to 3 percent
Idaho July unemployment rate declines to 3 percent

Solano County's unemployment rate was 5.4 percent, ranked 25th in the state. Manufacturing lost the most jobs, followed by the mining and logging sector. Indiana Department of Workforce Development Commissioner Steven Braun says the unemployment rate in the state continues to be at a near-record low.

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  • Those Pesky Robocalls About a Free Cruise Could Get You Free $$$
Those Pesky Robocalls About a Free Cruise Could Get You Free $$$

It has outperformed by 21.52% the S&P500. Sectoral Asset Management Inc decreased Cigna Corp (CI) stake by 1.23% reported in 2016Q4 SEC filing. Looking ahead at valuations, according to the consensus, the next fiscal year is forecast to bring about 8.4 in total earnings per share .

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  • Foot Locker earnings call highs and lows
Foot Locker earnings call highs and lows

Acrospire Investment Management LLC boosted its stake in shares of Foot Locker by 50.0% in the first quarter. As of the end of the quarter Advisory Services Network, LLC had acquired 632 shares growing its holdings by 13.1%. Investors of record on Friday , October 13th will be paid a $0.31 dividend. The company had forecast comp gains of 1% to...

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  • SPDR Dow Jones Industrial Average ETF
SPDR Dow Jones Industrial Average ETF

Digging deeping into the Lyxor UCITS ETF Dow Jones Industrial Average D-EUR (DJEL.L) 's technical indicators, we note that the Williams Percent Range or 14 day Williams %R now sits at -30.93. Many traders will use moving averages for different periods of time in conjunction with other indicators to help gauge future stock price action. Used as a co...

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  • Train derails outside London Waterloo station
Train derails outside London Waterloo station

Three people were checked over by London Ambulance Service but nobody was taken to hospital. Numerous platforms at Waterloo are already closed as part of £800 million refurbishment to Britain's busiest railway station. London was thrown into commuter chaos this morning (Tues) after a train derailed at Waterloo station - which is now undergoing ma...

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  • Wall Street lower as investors weigh rising North Korea tensions
Wall Street lower as investors weigh rising North Korea tensions

North Korea and the United States have traded bellicose rhetoric after the UN Security Council further tightened sanctions on North Korea for its two tests last month of intercontinental ballistic missiles. The S&P 500 Index (SPX - 2,474.02) lost 0.9 point, or 0.04%. The yield on the 10-year Treasury note fell to 2.23 percent from 2.26 percent la...

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  • Global safe-haven trades jump on escalating North Korea tensions
Global safe-haven trades jump on escalating North Korea tensions

And in bond markets , 10-year US Treasuries and Germany's ultra-safe government bonds, known as Bunds, were trading at their highest prices since June. The Nasdaq added 39.68 points, or 0.6 percent, to 6,256.56. U.S. ECONOMY: Employers posted a record number of open jobs in June while a survey of small businesses showed optimism improving.

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  • Tesla to manufacture driverless 'platooning' semi-trucks
Tesla to manufacture driverless 'platooning' semi-trucks

Now some details may have leaked out, in the form of an e-mail conversation between Tesla and the Nevada Department of Motor Vehicles seen by the Reuters news service. Vehicles that platoon must continually communicate with each other and the infrastructure around them, but the distances between them are far too short to allow a human driver to...

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  • Google CEO Sundar Pichai slams gender differences memo
Google CEO Sundar Pichai slams gender differences memo

In terms of disclosure, my own views tend to be socially liberal and fiscally conservative. Google's Mountain View headquarters, along with other USA offices of the company, will be targeted in the August 19 event, Posobiec said. "There are some topics that are off limits, including gender and racial diversity", he said. "I'd imagine if you wer...

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  • NZ air force detachment on Guam, island targeted by North Korea
NZ air force detachment on Guam, island targeted by North Korea

The euro was down 0.1 percent at $1.175 while the dollar fell 0.6 percent to 109.68 yen. The escalation in rhetoric jarred financial markets as investors sheltered their cash in assets that tend to perform in times of stress. Asian shares and US stock futures slipped while US Treasuries, gold and the safe-haven yen rose in early Asian trading o...

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  • USA stocks end lower after comments from Trump
USA stocks end lower after comments from Trump

Health care and consumer-focused companies were among the biggest laggards. Analysts said media and entertainment stocks also seemed to get caught up in the broader market drop, but emphasized it was often hard to isolate reasons behind specific stocks' movements.

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  • Couple Buys Entire Street in Nancy Pelosi's Old San Francisco Neighborhood
Couple Buys Entire Street in Nancy Pelosi's Old San Francisco Neighborhood

The cul-de-sac's asphalt, sidewalk and manicured lawns now belong to the couple. Now, nearly 70 years after the death of this discriminatory law, Lam and Cheng are not just enjoying their American street. Cheng and Lam "would like to exploit a bureaucratic oversight to their advantage", the statement said. They're also exercising the very America...

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  • Pound falls as Bank holds rates and cuts forecasts
Pound falls as Bank holds rates and cuts forecasts

Lombard Odier Investment Managers investment strategist Charles St-Arnaud said the BoE's ability to raise interest rates by the end of the year would continue to be hampered by the Brexit negotiations. In an interview with BBC Radio , BoE Deputy Governor for Monetary Policy, Ben Broadbent said: "I think there may be some possibility for interest r...

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