Finance
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1.3KChina is making a $3 trillion threat, but ‘nobody’ on Wall Street is scared
REUTERS/Todd Korol Some of the biggest names on Wall Street have piled into one trade: shorting the Chinese yuan. This, despite the...
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1.4KHere’s the simple reason there are so many recession predictions right now
REUTERS/Jonathan Ernst/FilesFormer Lehman Brothers CEO Dick Fuld. The reason recession calls are so loud right now is because people aren’t over 2008....
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1.1KA $3.5 billion loan ‘would hardly be enough’ to turn things around for Africa’s largest economy
Thomson ReutersNigeria’s President Muhammadu Buhari waves during a graduation ceremony at Kaduna State University in Kaduna. Nigeria reportedly asked the World Bank...
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1.2KThe rapid pace of China’s currency reserve depletion is ‘simply unsustainable’
Reuters China’s massive foreign-exchange reserves shrank to the lowest levels since May 2012. The People’s Bank of China reported today that during...
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1.3KJP MORGAN STRATEGIST: Central banks tried to control the world … and failed miserably (SPX, SPY, QQQ, TLT, IWM)
Peter Macdiarmid/Getty ImagesA grim-reaper figure holds a globe pierced by the scythe of capitalism in front of the Bank of England during...
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1.2KOil prices may counterintuitively crash further because of oil producers’ high debt levels
Robert Cianflone/Getty ImagesMiguel Oliveira of Portugal and rider of the #44 Mahindra Racing Mahindra crashes out during the Moto3 race at the...
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1.1KThe biggest mistake guys make when buying shoes
ShutterstockBefore you drop $400 on a pair of dress shoes — make sure they actually fit. We often emphasize fit here on...
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1.2KThese are the hedge fund strategies everyone wants in on
Reuters/Lucas Jackson Investors have piled into a select few hedge fund strategies lately. Barclays’ capital solutions group analyzed how hedge funds’ assets...
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987Check out this secret warehouse full of amazing Porsches
Youtube/CARMagazineTV A few blocks away from Porsche’s swanky museum in Stuttgart, Germany, sits a plain and rather unremarkable warehouse whose contents are...
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1.2KMICHAEL KORS CEO: This is why brick-and-mortar retailers are doomed
Jonathan Alcorn/ReutersPeople waiting to enter a Michael Kors store during day-after-Christmas sales. Retailers are facing a puzzle. Theoretically consumers should have more...