Month: August 2017

Daniel Acker | Bloomberg | Getty Images Moving boxes sit stacked outside of a home in Princeton, Illinois. The simplest way is to classify your belongings into four separate categories: keep, donate, dispose and sell, according to Pickett. “That starts to crystallize the process,” she said. She cautions those cleaning house to lower their expectations
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It’s not just food safety issues affecting Chipotle now. Rising food costs are increasingly a problem for the restaurant chain’s profitability, says one Wall Street firm. Credit Suisse lowered its price target and reiterated its neutral rating for shares of the burrito restaurant chain, citing risk to future earnings due to higher avocado prices. “We
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It’s high time for the Federal Reserve to normalize and move ahead with raising interest rates, JPMorgan International Chairman Jacob Frenkel told CNBC on Friday. “The economy’s much more robust, labor markets are very strong and the financial markets are also strong,” he said in a “Power Lunch” interview from the sidelines of the central
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Cleveland Fed President Loretta Mester said Friday the Federal Reserve should stay on its path of monetary policy tightening, despite some recent weakness in economic data. “I want to reduce accommodation,” Mester said in an CNBC interview from the central bank’s symposium at Jackson Hole, Wyoming. Without referring to a particular Fed meeting, she said:
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Fiat Chrysler (FCA) said on Friday it would evaluate any inquiries about potential transactions, but did not have anything to add to its previous comments on reported interest from China’s Great Wall Motor in its Jeep brand. Responding to requests from Italian market regulator Consob, FCA said: “From time to time, FCA may receive inquiries
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Russian aluminium giant Rusal reported a 48 percent rise in second-quarter core earnings on Friday due to a higher aluminium price, and pointed to a positive outlook for the second half as supply in China tightens. Earnings before interest, tax, depreciation and amortisation (EBITDA) rose to $510 million from $344 million in the same quarter
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