Political/General News

Billionaire investor: Enjoy the bull market while it lasts | msnNOW

Leon Cooperman says the inventory market will doubtless battle to ship the products for traders who’re banking on the continuation of the bull run.

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Global Markets Push Higher Ahead of Yellen’s Senate Testimony | Barron’s

The previous chair of the Federal Reserve is predicted to advocate for financial coverage to “act huge” with rates of interest at historic lows.

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The Debt Question Facing Janet Yellen: How Much is Too Much? | Kate Davidson and Jon Hilsenrath

The Treasury secretary nominee, going through affirmation hearings this week, helps Biden administration plans that add trillions to U.S. borrowing, backed by a turnabout in financial considering.

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Dollar Rises but Traders Expect Strength to Be Short-Lived | Paul J. Davies and Caitlin Ostroff

The greenback is up greater than 1.5% towards a basket of different main currencies since its latest low, confounding expectations of a tumbling dollar in 2021.

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Bill Gates is now the largest farmland owner in America | Noah Manskar

www.marketwatch.com | The billionaire Microsoft co-founder has change into the biggest proprietor of farmland in america by quietly shopping for up huge plots throughout the county, a brand new report says. Gates’ portfolio contains about 242,000 …

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US Bans Americans From Investing in Xiaomi but Spares Alibaba, Tencent and Baidu | Chong Koh

www.wsj.com | Xiaomi, a client electronics firm that focuses on cellphones and family home equipment, had managed to keep away from U.S. stress whilst Washington tightened the screws on Chinese language tech teams together with Huawei Applied sciences Co., searching for to curb …

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Asian markets mixed Friday as investors eye Wall Street reaction to Biden relief plan | Associated Press

U.S. President-elect Joe Biden on Thursday night time offered his plan for combating the coronavirus and jump-starting the U.S. economic system .

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Why BlackRock’s CEO Says the Retirement Crisis Is Getting Worse | Leslie P. Norton

Larry Fink is optimistic concerning the outlook for markets, however that doesn’t imply the going might be easy: He additionally expects a 5% to 10% correction in the midst of the 12 months.

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Gig-worker test retroactive, California Supreme Court rules | Levi Sumagaysay

www.marketwatch.com | Ruling a giant threat for undecided worker-classification lawsuits in opposition to Uber, Lyft and different gig firms. Instacart employee Monica Ortega checks her cellphone for orders whereas choosing up groceries for supply in North Hollywood, Calif., in March 2020.

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ARK Invest Is Planning a Space ETF. Here Are 5 Stocks That Could Benefit. | Al Root

www.barrons.com | Wooden, for her half, runs the ARK Innovation ETF (ticker: ARKK). Tesla (TSLA) is the fund’s largest place, which helped the ETF publish robust 2020 efficiency. The ETF …

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