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cnbc wrote a new post, US Treasurys higher ahead of economic data, on the site GoGame.com 9 years, 1 month ago
U.S. government debt prices were higher on Thursday morning as investors eyed several pieces of data. The yield on the benchmark 10-year Treasury note was lower at around 2.3071 percent, while the yield on the 30-year Treasury bond was also lower at 2.9634 percent. On the data front on Thursday, initial jobless claims, durable goods and advance economic indicators are set to come out at 8:30 a.m. Pending home sales and housing vacancies are due at 10:00 a.m. In oil markets, Brent crude traded at

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cnbc wrote a new post, European markets lower; ECB rate on hold; Deutsche Bank down 3.2%, on the site GoGame.com 9 years, 1 month ago
Basic resources and media stocks were the worst performers in mid-morning trade. Nonetheless, the advertising group reported a 0.8 percent increase in like-for-like net sales in the first quarter. Insurance stocks were also heading south in mid-morning trade on earnings and rating reviews. The firm dropped 5 percent, becoming one of the worst performing stocks in mid-morning trade. Furthermore, the Norwegian seabed-to-surface engineering firm Subsea rose nearly 8 percent after reporting an incre

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cnbc wrote a new post, Wall Street to open slightly higher on big day of earnings, data, on the site GoGame.com 9 years, 1 month ago
U.S. stock index futures pointed to a slightly higher open on Thursday morning as traders awaited a huge day of earnings and data. AbbVie, Bristol-Myers Squibb, Ford, Union Pacific, UPS, American Airlines Group, Comcast and Under Armour are among a host companies set to report before the bell. Alphabet, Amazon.com, Intel, Microsoft, and Starbucks are among companies set to report after the bell. The euro traded slightly weaker against the U.S. dollar near $1.088. In oil markets, Brent crude trad

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cnbc wrote a new post, Foreign workers trickle out of Singapore, with job outlook to remain cautious: MAS, on the site GoGame.com 9 years, 1 month ago
In its macroeconomic review, conducted twice yearly, the Monetary Authority of Singapore said it expected net employment growth was expected to stay “modest and uneven across sectors.” Permanent residents would be considered residents, not foreign workers. Overall foreign employment contracted by 2,500, excluding foreign domestic workers, the first contraction since 2009, during the global financial crisis, the MAS said. Bringing foreign workers into Singapore can be contentious politically. The

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cnbc wrote a new post, More Chinese firms are saying goodbye to Singapore’s stock market, on the site GoGame.com 9 years, 1 month ago
Such liquidity is typically an important consideration for market indices in determining their constituent stocks,” the firm said in a statement. He also noted that S-chips may not have seen the interest they were seeking from investors in Singapore. “There is the perception that they are not garnering sufficient value and interest from investors on the SGX. Questionable corporate governance and accounting practices have since led to the SGX placing many S-chips on its watch list for close monit

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cnbc wrote a new post, Live: ECB holds rates steady; investors eye Draghi’s speech for hints on a June move, on the site GoGame.com 9 years, 1 month ago
Our live blog is tracking market reaction as the ECB decides to hold rates steady. We’ll bring you the latest analysis below.

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cnbc wrote a new post, United will now offer up to $10,000 for passengers who give up their seat on an overbooked flight, on the site GoGame.com 9 years, 1 month ago
As a result, United is instituting 10 policy changes when it comes to overbooking flights, bumping passengers and improving customer service. Among the new policies that have already gone into effect or will this week:• United will offer up to $10,000 to customers who volunteer to give up their seat on an overbooked flight. In the incident involving Dao, he and other passengers were offered $800. • Passengers who are on board and in their seat cannot be removed from a flight unless there is a sa

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cnbc wrote a new post, Man deemed ‘Indonesia’s Donald Trump’ considers presidential run, on the site GoGame.com 9 years, 1 month ago
The world’s most populous Muslim nation could have its own version of President Donald Trump. Perindo is focused on increasing the welfare of the poor and bridging the country’s massive wealth gap, he explained. “My interest in politics is to see Indonesia growing in the right direction, to see a developed Indonesia.” He noted that incoming Jakarta Governor Anies Baswedan personally promised him to focus on the poor. Aside from being a billionaire involved in politics, Tanoesoedibjo, who was inv

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cnbc wrote a new post, ‘What’s your salary?’ becomes a no-no in job interviews, on the site GoGame.com 9 years, 1 month ago
It’s that job interview question you’d love to dodge: What’s your current, or most recent, salary? And Connecticut recently dropped the “salary history” prohibition from its bill to ensure gender pay equity. As a result, “Too often, when women are paid less than men, that pay disparity can follow them from job to job.” The salary history bans generally are part of, or addenda to, broader laws that prevent employers from underpaying women. But he says firms can address that issue by including a s

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cnbc wrote a new post, United CEO Oscar Munoz blames David Dao incident on ‘system failure,’ apologizes for rabbit incident, on the site GoGame.com 9 years, 1 month ago
United Airlines CEO Oscar Munoz blamed the now infamous incident where passenger David Dao was dragged off a flight on “a system failure” — even as he apologized for yet another embarrassing mishap, this time involving the death of a prized bunny rabbit. More of NBC News’ exclusive interview with United CEO Oscar Munoz will air on Thursday on TODAY and Nightly News with Lester Holt. When asked if the incident with Dao had hurt the company’s bottom line, Munoz claimed he had not yet checked on th

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cnbc wrote a new post, Mexico’s ‘Hillary Clinton’ rips Trump over ‘useless’ wall, on the site GoGame.com 9 years, 1 month ago
President Donald Trump’s border wall may not be going anywhere right now and one of Mexico’s leading candidates in the presidential elections told NBC News she wants to make sure the “useless” wall stays that way. “It’s a false solution to a false problem,” Margarita Zavala said of the wall through a translator in a phone interview Wednesday. But I will stand by the idea that it serves both countries to have a very strong relationship,” Zavala said. Clinton faced similar challenges last year and

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cnbc wrote a new post, Comcast earnings blow past estimates, driven by film business success, on the site GoGame.com 9 years, 1 month ago
Comcast reported first-quarter earnings and revenue Thursday that beat expectations, as the global telecommunications conglomerate grew its video subscription base and boosted sales in its film business. Shares of Comcast rose more than 3 percent in premarket trading. Here’s what the company reported vs. what the Street was expecting:EPS: 53 cents adjusted vs. estimate of 44 cents, according to Thomson Reuters. Comcast reported a 20 percent increase in net income for the quarter, up to $2.57 mil

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cnbc wrote a new post, Watch: ECB chief Mario Draghi discusses easing, the euro and politics, on the site GoGame.com 9 years, 1 month ago
[The stream is slated to start at 13:30 BST. Please refresh the page if you do not see a player above at that time.] President of the European Central Bank Mario Draghi will speak at a press conference following a routine Governing Council meeting on monetary policy. Draghi is expected to address the ECB’s quantitative easing and monetary policy more broadly, and could respond to recent political events in Europe such as the French presidential election and Brexit negotiations.

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cnbc wrote a new post, Facebook, Google need to accept they are media not tech companies, CEO of world’s largest ad firm says, on the site GoGame.com 9 years, 1 month ago
Facebook and Alphabet-owned Google must accept that they are media, not technology companies, and deal with inappropriate content on their platforms, Martin Sorrell, CEO of WPP told CNBC on Thursday, despite both U.S. firms trying to distance themselves from that label. The boss of the world’s largest advertising firm was responding to questions about the “brand safety” issues seen on both Facebook and YouTube, such as ads being placed next to extremist content and problems with fake news. Speak
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cnbc wrote a new post, These Asian cities are becoming smarter, but at what cost?, on the site GoGame.com 9 years, 1 month ago
Innovation does not always have to mean a lighter phone or a slimmer TV: Hong Kong and Singapore are innovating to become smarter cities aimed at social improvement for their urban populations. Singapore’s Smart Nations program is focused on making every aspect of life, from transport to water systems to even garbage disposal, more efficient. Leung called for financial and policy support to promote growth in Hong Kong’s technology and innovation sectors in his final policy address in January thi

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cnbc wrote a new post, Nintendo’s comeback is starting to take hold as it forecasts a 121% profit surge this year, on the site GoGame.com 9 years, 1 month ago
The company has launched a number of mobile games including last summer’s hit “Pokemon Go” and more recently “Super Mario Run”. Last year, the company released a Nintendo Classic Edition, which came with pre-installed games and cost $59.99. This was helped by strong titles such as “Pokemon Sun” and “Pokemon Moon”, which gained popularity because of “Pokemon Go”. Investors have been supportive of Nintendo’s turnaround efforts with shares up 60 percent in the last 12 months. The stock also has 5 s

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cnbc wrote a new post, Bitcoin breaches $1,300, now just $25 off all-time high, on the site GoGame.com 9 years, 1 month ago
These investors are cautious as the last few times bitcoin has tested these levels it led to sharp sell-offs. The price rose on hopes that the application will get another shot at approval once the decision is reviewed, but disappointment could bring bitcoin prices back down. Other factors will boost bitcoin, such as Japan’s recent decision to recognize bitcoin as legal tender. The Japanese financial system will also face a steep learning curve regarding how to report bitcoins in accounts, for e

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cnbc wrote a new post, Zeta Global raises $140 million in funding as CEO hints at potential IPO, on the site GoGame.com 9 years, 1 month ago
Since it was founded in 2007 by Steinberg and former Apple CEO John Sculley, the company has raised more than $250 million in capital. Its last raise was a $45 million funding round in September last year. We usually shrink in first quarter versus fourth quarter as clients use the platform very heavily in the fourth quarter. For the first year I can remember, a first quarter was greater than a fourth quarter,” Steinberg said. The Zeta CEO did not say if the company would definitely go public, bu

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cnbc wrote a new post, Ron Howard’s new work of ‘Genius’: Einstein with a more human twist, on the site GoGame.com 9 years, 1 month ago
Ron Howard: This is what it takes to get called a genius Friday, 28 Apr 2017 | 9:52 AM ET | 01:24For famed director Ron Howard, story is still king — even when making a cable television series about the historical icon who turned “E=mc 2 ” into a pop-culture catchphrase. “Genius,” which debuted Tuesday on the National Geographic Channel, portrays the life of the esteemed, wild-haired scientist Albert Einstein, played by Australian actor Geoffrey Rush. The series is based in part on historically

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cnbc wrote a new post, Is it ever a good idea to borrow from your 401(k) plan?, on the site GoGame.com 9 years, 1 month ago
Ric Edelman, founder and executive chairman of Edelman Financial Services, thinks individuals should never borrow from their 401(k) plan. “It’s not a loan; it’s a withdrawal, and it’s a really bad idea,” said Edelman, who advises more than 30,000 clients. It estimates that 2 percent of assets in 401(k) plans are withdrawn annually, resulting in an average reduction in eventual retirement wealth of about 25 percent. “I think having a loan provision in plans is a good thing.” There is no question

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