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AT&T says it was ‘required by law’ to turn over the call records featured in the House Intelligence impeachment report
That’s Jim Greer, a spokesman for AT&T, reportedly responding generically to a question from Talking Points Memo about whether the company
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had been subpoenaed for the call logs that became…
Consumers could get up to $20,000 apiece in Equifax settlement — how to get your share
Two years after Equifax revealed that hackers accessed the personal information of up to 147 million people, the credit bureau’s newly-announced settlement for up to $700 million will provide cash payments for those who have been affected — but there are some key requirements people should be aw…
Buffett’s formula is still working, if you know where to look
The annual meeting of Berkshire Hathaway
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shareholders, presided over as always by its CEO and famed investor, Warren Buffett, came and went earlier …
House Judiciary Committee schedules a Wednesday vote to hold Attorney General William Barr in contempt of Congress
WASHINGTON (AP) — House Judiciary Committee Chairman Jerrold Nadler on Monday scheduled a vote Wednesday to hold Attorney General William Barr in contempt of Congress after Barr failed to comply with a deadline to provide special counsel Robert Mueller’s full report on his Russia probe.
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How rating everything from your Uber driver to your Airbnb host has become a nightmare
During a recent stay at an Airbnb in Brazil, my host invited me to eat a traditional local snack of pão de queijo and have tea. It was a lovely gesture, but it was 10 p.m. and I had arrived from an 18-hour bus ride through the countryside earlier that day.
But when gauging whether to go…
Fordham confirms that Trump team threatened the school if his grades became public
Trump attended Fordham University for two years.
Jeff Bezos: National Enquirer threatened more photos if he investigated political motivations
Amazon.com Inc.
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founder and Chief Executive Jeff Bezos said in a blog post Thursday afternoon that the National Enquirer threatened to publish more scandalous photos of him if he continued to…
The stock market’s nightmare may be far from over
After a nail-biting week with the Dow Jones Industrial Average sinking nearly 1,400 points over two sessions, the jury is still out on whether the selloff signals a fundamental shift in the stock market or a brief episodic correction. But one thing is certain, investors should brace for more dra…
With fresh payroll report will come more scrutiny of wage data
Another jobs report, another close look at wages. The upcoming report could show a meaningless bump in hourly wages due to the impact of Hurricane Florence.
The last jobs report was notable for what seemed to be evidence that, finally, America’s workers are seeing accelerating pay. That …
Here’s who owns a record $21.21 trillion of U.S. debt
Who owns a record $21.21 trillion in U.S. national debt? Some 70% is owned by Americans in one form or another. Foreigners own the rest.
The stock market just experienced the most seismic shift from growth to value since Lehman Brothers, says Nomura
Some of the most popular bets in the U.S. stock market have gotten pummeled in recent days, leading one analyst on Wall Street to declare it one of the biggest rotations from growth to value stocks since the gyrations that occurred in the aftermath of the bankruptcy of Lehman Brothers back in mi…
Prepare for the biggest stock-market selloff in months, Morgan Stanley warns
The U.S. stock market has been partying all throughout July, and a hangover is coming, say analysts at Morgan Stanley.
The fate of the stock market for 2018 could rest on the next few trading days
If the market gains from April through July, stocks almost always finish out the year higher. It’s looking good for the S&P 500 so far.
Why Trump isn’t backing down in the trade fight — in one chart
The Dow may not manage to stretch its win streak to a sixth session, and then pundits can blame trade-war fears yet again. President Trump’s fight with China isn't going to stop any time soon, says our call of the day from Bespoke.
Core inflation hits Fed’s 2% target for the first time in six years
Core inflation rose to a 2% annual rate in May, the Fed’s long-run target, for the first time since April 2012, the government said Friday.
Hedge-fund boss who predicted ‘87 crash says next recession will be ‘really frightening’
Paul Tudor Jones, a hedge-fund luminary, on Monday said the next economic downturn confronted by the U.S. could be an ugly one.
“The next recession is really frightening because we don’t have any stabilizers,” he said, speaking at an event sponsored by Goldman Sachs and hosted by its CEO…
Billionaire investor Jim Mellon: This is the start of a ‘very major’ correction
The Dow Jones Industrial Average opened Tuesday’s session with a stinging retreat that Wall Street experts are pinning to the White House’s freshly announced trade tariffs. Billionaire investor Jim Mellon, chairman of asset management firm Burnbrae Group, says it’s more than that, and the pain i…
Stock-market investors see China tariffs as a ‘buzzkill’ and are acting as if a genuine trade war just erupted
Has a tit-for-tat tariff spat between China and the U.S. shifted from a skirmish to a full-blown trade-war?
AT&T wins court approval to buy Time Warner
The high-stakes case has been closely watched by the telecommunications, media, and tech industries for its potential effect on the future of other blockbuster deals.
New warnings about cuts to Social Security and Medicare are a reason to worry
Social Security and Medicare are still looking wobbly
The gig economy is actually smaller than it used to be, Labor Department says
The so-called gig economy is actually slightly smaller than it used to be, according to a new Labor Department report released Thursday that chronicles the jobs market in the age of Uber.
Why winning investors know that stocks are money machines, not slot machines
The broad U.S. market historically has doubled in value every 10 years.