Elise Amendola / AP Goodyear Tire & Rubber Co. fell as much as 6% on Wednesday after President Donald Trump told his 85 million Twitter followers to boycott Goodyear ties. “DO NOT BUY GOODYEAR TIRES – They announced a BAN ON MAGA HATS,” Trump tweeted. Trump’s tweet was likely prompted …
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Gold prices plunged sharply on Wednesday, ending a two-day string of gains as the U.S. dollar stopped its skid and as commodity investors watched minutes from the Federal Reserve’s July policy meeting, which could provide further insight into the central banker’s perspective for US and global business. Market participants will …
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Conservative investors trying to save by putting their money in government bonds are not going much better. Yields on the benchmark 10-year US Treasury move about 0.65% – not far from record lows. Despite these staggering interest rates, Americans have saved $ 3.37 trillion for that proverbially clean day, according …
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Americans with 401 (k) plans may think they have saved a lot for retirement, but a new government rule will show them exactly how much money they will see in their old age. The Department of Labor has published its interim final rule whereby managers have plans for defined contributions, …
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The U.S. banking giant filed a lawsuit in New York’s Southern District on Monday, seeking to return funds it said were transferred in an “operational error.” Citibank (C) said in court documents that it meant sending Brigade Capital about $ 1.5 million in interest payments on a loan made by …
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