Month: May 2018

Kohl’s reported fiscal first-quarter earnings that beat expectations on the top and bottom line. Here’s how the company did compared with what Wall Street expected: Earnings: 64 cents per share vs. 50 cents per share forecast by Thomson Reuters Revenue: $4.21 billion vs. $3.95 billion forecast by Thomson Reuters Same-store sales growth: 3.6 percent vs.
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Economic growth should jump above 3 percent in 2018 thanks to the stimuli, the CBO said, but the acceleration will likely prove brief, and debt held by the public will soar to $28.7 trillion by the end of fiscal 2028. That could create a precarious situation for Congress if the economy faces an economic downturn
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However, corrections offer an opportunity to evaluate risk and how well positioned they are for an eventual bear market. By comparing the intensity, recovery and duration of corrections and bear markets and their impacts on investors, we can assess where risk management efforts should focus. Investing opens investors up to the possibility of losses —
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While putting 20 percent down at that price to avoid paying mortgage insurance would mean coming up with $50,800, many homebuyers get into a home with much less. Additionally, there are government programs that can financially assist would-be homeowners. Supporters of the first-time home buyer savings accounts say factors like rising home prices and debt
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The U.S. economy seems to be on solid footing, according to one unusual indicator: vacation searches on the internet. Google searches for the term “vacation” rose 10 percent in April on a year-over-year basis, said Nicholas Colas, co-founder of DataTrek Research, using Google Trends data. This is positive for the U.S. economy, Colas said, as
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Toby Melville | Reuters Britain’s Prince Harry poses with Meghan Markle in the Sunken Garden of Kensington Palace, London, Britain, November 27, 2017. It seems as if everyone wants to know what Meghan Markle is wearing. The 36-year-old American actress, who’s set to marry Britian‘s Prince Harry on Saturday, has quickly morphed into a fashion
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“The complexity of large-scale manufacturing and the challenges of successfully commercializing new technologies and new manufacturing and marketing techniques suggest that shareholders would be better served by having Musk focus on running the company, and allowing an independent director to run the board,” according to a copy of ISS’ recommendations seen by Reuters. The recommendations
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A Cuban airliner with 113 people on board plummeted into a yuca field just after takeoff from Havana’s international airport on Friday. There was no immediate word on casualties, though residents told The Associated Press they saw at least some survivors being taken away in ambulances. A military officer who declined to provide his name
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