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Economic Week in Review

Financing our Discontent By Staff Reporters As the winter chill continues, the frozen economy and the healthcare industrial complex is awaiting agreement on a federal stimulus package that is expected...

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On Standard & Poor’s Depository Receipts

Don’t be Afraid of ‘SPIDERS’ By Dr. David Edward Marcinko MBA CMP™ www.CertifiedMedicalPlanner.com [Publisher-in-Chief] What they are – How they work? No, I’m not talking about creepy, crawly insects....

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Did You Survive the [Fleeting-Tweeting] “Flash-Crash” of 2013?

  The Day the Dow Jones Industrial Average Lost 150 Points By Lon Jefferies, MBA CFP™  http://www.NetWorthAdvice.com The stock market just reached an all time high, crossing 15,000 for the first time....

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UPDATE: Morgan Stanley, CPI, Omicron and the Markets

By Staff Reporters *** *** Morgan Stanley named Eli Gross and Simon Smith as new global co-heads of investment banking, as part of a leadership shakeup at the top of one of Wall Street’s most powerful...

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UPDATE: Inflation, S-S Benefits, Job Recruiters, the Markets and U.S....

By Staff Reporters *** *** U.S. inflation climbed to new 41-year high of 9.1% in June, as gasoline prices surged. Soaring gasoline prices in June drove the rate of U.S. inflation to 9.1%, a nearly...

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UPDATE: Domestic and European Markets, Tesla Dumps Bitcoin, and Microsoft

*** By Staff Reporters *** *** The S&P 500 rose 0.6%, a day after soaring 2.8% for its best day in weeks. The NASDAQ led the market with a 1.6% gain. The Dow Jones Industrial Average added a more...

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UPDATE: President Biden, Domestic Markets, IRS Tax Filing Service, Polio and...

*** By Staff Reporters President Biden tested positive for the coronavirus, raising health concerns for the 79-year-old president and underscoring how the virus remains a persistent, if muted, threat...

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UPDATE: The Domestic Stock Markets and [Un]Social Media

By Staff Reporters *** *** The stock markets fell after new data showing U.S. manufacturing activity stalled and the service sector’s pandemic recovery has gone into reverse as a result of high...

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UPDATE: Microsoft, Google and Texas Instruments

By Staff Reporters *** *** Microsoft  (MSFT) – Get Microsoft Corporation Report posted weaker-than-expected fourth quarter earnings as a surging U.S. dollar blunted the impact of overseas demand for...

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UPDATE: Stocks Close A Bit Lower!

By Staff Reporters *** *** Stocks closed broadly lower on Wall Street yesterday, adding to their hefty losses from last week when the Federal Reserve pledged to keep interest rates high as long as it...

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UPDATE: Job Openings, Oil and the Stock Slump!

*** By Staff Reporters *** *** According to the USBLS, the number of open Job positions ticked up unexpectedly in July, with around 11.2 million jobs available, slightly higher than June’s revised...

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UPDATE: Treasury Yields, the Markets and Dr. Mark Mobius Speaks

By Staff Reporters *** *** The yield on the 2-year Treasury is up 10.1 basis points to 3.499% as of 3 p.m. Eastern. Yields move in the opposite direction to prices. The yield on the 10-year Treasury...

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UPDATE: Daily and Weekly Domestic Stock-Market Round-Up, Commodities and the...

By Staff Reporters *** *** For Friday, the Dow Jones Industrial Average rose 377.19 points, or 1.19%, to 32,151.71, the S&P 500 gained 61.18 points, or 1.53%, to 4,067.36 and the NASDAQ Composite...

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UPDATE: CPI Triggers Stock Melt Down = KA-BOOM!

*** *** Stocks nosedived after a surprising inflation report showed prices rose more than expected last month. All three major averages logged their worst day since June 2020. Technology stocks led...

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UPDATE: Domestic Stocks Wobble But Hold

By Staff Reporters *** *** The wobbly trading came as investors weighed another snapshot of inflation. Markets have been on edge about the possibility of a recession after a string of interest rate...

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UPDATE: A Recession Looming?

By Staff Reporters *** *** Wall Street ended sharply lower today extending its losses in late afternoon trading as a raft of economic data failed to alter the expected course of aggressive tightening...

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UPDATE: Solid Domestic Stocks

By Staff Reporters *** *** U.S. stocks found their solid footing in the final hour of back-and-forth trading after all three major indexes logged their worst week in three months. The S&P 500...

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UPDATE: Three Domestic Stock Indices

By Staff Reporters *** *** Equity markets declined for the third straight day in the wake of the U.S. Federal Reserve‘s most recent increase to the benchmark interest rate. The S&P 500 fell 31.94...

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UPDATE: A BAD-HORRIBLE-TERRIBLE Domestic Market Weekly Snapshot

By Staff Reporters *** *** U.S. stocks closed sharply lower with the Dow Jones Industrial Average ending at its lowest closing value since November 2020. All three major benchmarks suffered another...

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UPDATE: The Stock Markets Blast-Off!

By Staff Reporters *** *** Domestic Markets: The Dow and the S&P 500 both snapped six-day losing streaks after the Bank of England stepped in to calm investor fears about its teetering markets....

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