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Wall Street Week Ahead: Again at highs, stocks to take cues from consumer
By Lewis KrauskopfNEW YORK (Reuters) - A U.S. stock market that rose again to record highs on Friday on the back of a robust employment report will take its cues next week from a facet of the economy...
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Traditional banks may be in trouble due to digital banking
The BI Intelligence Content Marketing Team covers news & research we think you would find valuable.More millennials are moving toward digital banking, and as a result, they're walking into their...
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Controversial new report claims colleges in '$500 million club' aren't...
Many schools with massive endowments are not doing enough to invest in low-income students, according to a controversial new report by the Education Trust, a nonprofit organization.The report, called...
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Hampton Creek CEO on mayo buyback: 'Of course I would do it again'
Hampton Creek CEO Josh Tetrick fired back on Friday at a recent report that his startup, Hampton Creek, had sent undercover teams to buy its own products and to call stores pretending to be consumers...
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Digital is Western Union's primary driver (WU)
This story was delivered to BI Intelligence "Payments Briefing" subscribers. To learn more and subscribe, please click here.Western Union’s Q2 2016 results were impacted by global political and...
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The famed Olympic torch relay was actually created by the Nazis for propaganda
The famed Olympic torch relay was actually created by the Nazis for propagandaJoin the conversation about this story »NOW WATCH: A nutrition expert reveals how often you should eat to look better
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The top 5 fintech predictions for 2016
Technology is upending established workflows and processes in the financial services industry. Tasks once handled with paper money, bulky computers, and human interaction now are being completed...
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We tested L.L. Bean's 100% satisfaction guarantee by returning 4-year-old shoes
.Join the conversation about this story »NOW WATCH: MALCOLM GLADWELL: ‘Anyone who gives a single dollar to Princeton has completely lost their mind'
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The 10 best colleges for a job on Wall Street
Ever wonder where Wall Streeters come from?It turns out that many of them — at least the ones based in New York City — went into finance from one of 10 schools.That's according to Emolument, a salary...
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There's a huge piece of evidence that the US economy is headed for a slowdown
Credit keeps the US economy moving.Loans allow businesses to build factories and hire workers, for people to buy homes, and for developers to build retail spaces. So when the spigot of credit gets shut...
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'A perfect storm' is making gold one of the hottest assets on the planet...
"A perfect storm" in markets has left investors scrambling to add gold to their portfolios for protection, according to the World Gold Council.Investors have another prime and relatively safe choice in...
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You can’t understand the Fintech Revolution without this report
We’ve entered the most profound era of change for financial services companies since the 1970s brought us index mutual funds, discount brokers and ATMs.No firm is immune from the coming disruption and...
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One thing is keeping the restaurant industry from falling apart
The restaurant industry is facing dire straits.Labor costs, one of the biggest expenses for the industry, are on a steady rise. Sales are declining, and companies are resorting to discounts and...
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The Porsche 911 is a great car — but its cupholders are pathetic
We recently borrowed a Porsche 911 Targa 4S, and I greatly enjoyed spending a weekend in what I consider to be the perfect car driving from the New Jersey suburbs to Lime Rock Park to watch the IMSA...
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The world's biggest hedge fund thinks the next radical change in central-bank...
The world's biggest hedge fund thinks that the next radical change in central-bank policy is almost upon us.Bridgewater Associates sent a note to clients on Wednesday written by Greg Jensen, Jason...
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Is Lending Club's crash a preview of fintech's future?
What’s really going on in financial technology? Financial technology, or “fintech” for short, is threatening to turn traditional financial fields like banking, lending, asset management and insurance...
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Investors keep ignoring catastrophically disappointing Tesla earnings (TSLA)
Tesla reported catastrophically disappointing second-quarter earnings last week, but in typical fashion, the market shrugged them off.Shares continue to hover around $230, after having climbed back...
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Hedge fund managers are being 'gored to death' by the bull market
The stock market bull run is crushing hedge funds that can’t figure out why stocks keep rising, despite indicators that they should be falling.Caerus Investors, a small New York-based equity hedge...
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The depressing reality of the world economy in one chart
The world economy has been letting us down for years, and there's a lot of blame to go around.The disappointing reality was laid out in a chart from Macquarie that compared the actual...
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Colombia has finally ended a 52-year war, but the price of peace will be high
After 52 years of conflict, Colombia's government and the left-wing rebels of the Revolutionary Armed Forces of Colombia (FARC) signed a ceasefire deal earlier this year, bringing to a close one of the...
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