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Hong Kong cancels Chinese New Year celebrations
Fearing continued anti-government unrest, authorities have cancelled some main events and banned sale of items with any political messages.
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Stocks Close Lower After Mnuchin Says Reaching Stimulus Deal Before Election 'Difficult'
Stocks closed lower Wednesday after Treasury Secretary Mnuchin says reaching a stimulus deal before the upcoming election would be 'difficult.' John Petrides, portfolio manager for Tocqueville Asset Management, breaks down the day's...
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Dow Closes Above 30,000 for First Time Ever as S&P 500, Russell 2000 Also Close at All-Time Highs
Tuesday was a banner day on Wall Street, as the Dow closed above 30,000 for the first time ever. The S&P 500 and Russell 2000 also joined in on the fun, closing at all-time highs as well. Dan Geltrude, Managing Partner at Geltrude &...
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DoorDash Kicks Off IPO Roadshow, Seeking Up to $2.8 Billion
Thomas Hayes, Chairman of Great Hill Capital, joined Cheddar to discuss the market news of the day.
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Legendary Trader Peter Tuchman Says Robinhood's Just Trying to Protect Themselves
Peter Tuchman, Trader for Quattro Securities, joined Cheddar to discuss the improbable trading activity around GameStop and Robinhood’s controversial decision to ban the purchasing of it and other stocks.
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Need 2 Know: Biden Wins Big, Coronavirus Cancels Coachella
These are the headlines you Need 2 Know for Wednesday, March 11, 2020.
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Should 'wet markets' be banned?
The Coronavirus pandemic leads to debate on wildlife trade.
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How BTS’s breakout international success is influencing Canadian artists
South Korean boy band BTS are an international success. Hear how their ability to break into worldwide markets is influencing Canadian musicians.
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Mortgage-holders unexpected beneficiaries of gloomy Canadian economy
We’re heading into spring real estate market, and mortgage rates are falling. Great news if you’re in the market for a mortgage, but the reason behind their drop is not so good for everyone involved.
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Shrinking Corporate Earnings Threaten to Slow Market Gains
Stocks are coming off their best quarter in a decade, but pressure on earnings margins puts markets at risk of losing momentum, according to PwC partner Mitch Roschelle.
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Markets Hold Steady After Fed Leaves Rates Unchanged
Markets mostly held steady Wednesday following the Federal Reserve's decision to leave interest rates unchanged at the close of its quarterly, two-day meeting. The Fed also indicated it anticipates the unwinding of its balance sheet will...
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Fed Leaves Rates Unchanged, Dow and S&P Close Lower
The Federal Reserve announced on Wednesday it would leave interest rates unchanged, and indicated it anticipates the unwinding of its balance sheet will conclude in September. In a statement, the Federal Open Market Committee cited...
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Dubai: a hub for international business
Dubai's numerous business conferences and summits attract some of the best brains from around the globe. In this episode of Target, we explore Dubai as a top business destination. Connecting commodities from the East and West, Dubai has...
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Why NYSE President Stacey Cunningham Says She's Suing the SEC
Last year, Stacey Cunningham made history as the first female president of the New York Stock Exchange in its 226-year history. And last month, she cemented her legacy with a bold, but controversial, decision to sue the NYSE's own...
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Lyft Files for IPO, Reveals $911 Million Loss and Revenue Growth
Ride-hailing company Lyft released its initial public offering prospectus on Friday, revealing its financials for the first time. While losses widened by more than 30 percent to $911 million in 2018, revenues nearly doubled to $2.2...
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European shares hit three-month highs as Nestle, Airbus, AstraZeneca shine
Optimism about U.S.-China trade talks, strong results from Nestle, AstraZeneca and Airbus helped European shares extend their winning streak to hit their highest in three months on Thursday. The pan-European STOXX 600 was up 0.5 percent...
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Markets Surge After Fed Leaves Interest Rates Unchanged
Markets surged on Wednesday after the Federal Reserve announced it would leave interest rates unchanged. In a statement that was released following the conclusion of the Fed's quarterly, two-day meeting, the central bank said it would...
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Tesla Shares Sink on Mixed Earnings Report
Tesla shares sank in extended trading on Wednesday after reporting mixed earnings and revenue. The electric carmaker reported earnings per share of $1.93 cents on revenue of $7.23 billion, just missing expectations on earnings, but...
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Microsoft Tumbles After Earnings Report on Cloud Business Concerns
Microsoft shares dropped in extended trading on Wednesday despite reporting better-than-expected quarterly earnings due to investor concerns about its crucial cloud business.
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Tesla Shares Sink After Musk Teases a Difficult Quarter Ahead
Tesla shares sank in extended trading on Wednesday after reporting mixed earnings and revenue. The electric carmaker reported earnings per share of $1.93 cents on revenue of $7.23 billion, just missing expectations on earnings, but...
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Yellow Tail Wine CMO Has a Clever Plan to Reach Super Bowl Audience
By purchasing local television airtime in top markets during the Halftime Show, the parent company of Yellow Tail wine is able to reach 90 percent of the Super Bowl audience without a national ad buy. Iain Douglas, CMO of Deutsch Family...
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Data Scandals Are Old News for Investors Looking to Cash In on Facebook
Facebook's year of scandal is a thing of the past ー at least according to Wall Street, Meridian Equity Partners' Jonathan Corpina told Cheddar. Wall Street's positive response to Facebook's impressive earnings show 2018's scandals are...
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Amazon Whipsaws After Reporting Fourth-Quarter Earnings
Amazon whipsawed after the bell, first surging and then erasing its earlier gains, after beating Wall Street expectations on its top and bottom lines, but reporting weak outlook.
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How to Advertise During the Super Bowl ー Without Buying Ads
Wine manufacturer Yellow Tail can’t buy a national ad during the Super Bowl ー but that won't stop the company from getting its “Tastes like Happy” campaign out to the public in spectacular fashion. To skirt the category exclusivity hold...