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Here's proof that Salesforce is likely to have another blow out second half...
Salesforce shares dropped by as much as 8% after reporting its quarterly earnings on Wednesday. Investors were spooked by weak billings, an important number that shows future revenue growth, and...
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The stock market is vanishing
The stock market isn't what it used to be.As noted by Steven DeSanctis, equity strategist at Jefferies, the sheer number of companies listed on stock exchanges has been dropping off precipitously.The...
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Here's how expensive it is to live in the heart of Silicon Valley
We’ve long passed the point where the middle class could comfortably afford to live in Silicon Valley, but now, it seems like even relatively high earners are struggling to get by. Palo Alto, right in...
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Crude oil is having a brutal week (USO, WTI, OIL, VDE)
Crude oil futures continued to sell off on Thursday, setting up for the biggest weekly decline since January.West Texas Intermediate crude futures fell 2.86% in New York to $43.43 per barrel. Futures...
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Robo-advisors are gaining popularity with high-net-worth investors
The majority of affluent and high-net-worth individuals recognize the potential of robo-advisors and automated investment services to add value to their wealth management services. This is a main...
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The price of pot is tumbling in Colorado
Colorado's weed is getting much cheaper.In October last year, the cost of a wholesale pound of cannabis in Colorado was around $2,400 to $2,600. That price has almost been cut in half to between $1,400...
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Meet the man behind the on-demand helicopter startup that the 1% use to get...
As the cofounder and CEO of on-demand helicopter startup Blade, Rob Wiesenthal is a pretty busy guy. A former Sony and Warner Music Group exec, Wiesenthal comes from a long line of entertainment...
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Everyone should stop acting like the world is going to end
The headline averages of the major stock indexes appear to be riding high, sitting near all-time records set just a few weeks ago.A lot of commentary, however, seems to be weighted to the downside....
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Credit cards are going the way of fax machines
The modern smartphone is a remarkable device. A single device that fits in your pocket can do all the tasks that once required cameras, camcorders, GPS devices, watches, alarm clocks, calculators, and...
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THE BLOCKCHAIN REPORT: Why the technology behind Bitcoin is seeing widespread...
Blockchain technology, which is best known for powering Bitcoin and other cryptocurrencies, is gaining steam among finance firms because of its potential to streamline processes and increase...
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8 in 10 financial service executives fear losing market share to fintechs
This story was delivered to BI Intelligence "Fintech Briefing" subscribers. To learn more and subscribe, please click here.Although many financial services firms are implementing strategies aimed at...
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The dollar jumped after the jobs report
The dollar is stronger after the jobs report whiffed.The US Dollar Index is up by 0.3%, at 95.91, as of 12:26 p.m. ET.The US economy added 151,000 jobs in August, fewer than forecast, while the...
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Lawmakers are accusing Mylan of overcharging Medicaid for the EpiPen — and...
Mylan could be facing another issue when it comes to the EpiPen, a drug used to treat severe allergic reactions that has seen a price increase of more than 500% since 2007.The company's stock was down...
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Oil-rig count resumes its climb with one rig added (USO, WTI, OIL, VDE, BHI)
The US oil-rig count climbed by one to 407 this week, according to the oil-field-services giant Baker Hughes.The bigger increase was in the gas-rig count, which rose by seven to 88. That took the...
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The EpiPen Tycoon game is a gentle reminder of the monster we've made of our...
There's an EpiPen Tycoon computer game.In it, you are the CEO of Mylan, Heather Bresch, the daughter of a US senator who has been handed a drug that lays a golden egg — EpiPen, an emergency anaphylaxis...
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BYRON WIEN: Here's why Americans 'go to sleep scared every night'
The average American is gripped by fear.That's the takeaway for Byron Wien, Blackstone's vice chairman and investing guru, who spent the summer hosting lunches with power players, according to his...
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The most disproportionately popular job in every state
Some jobs are disproportionately concentrated in certain states.Fashion designers flock to New York, Texas has an outsize share of petroleum engineers, and Floridians are much more likely to be...
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What you need to know on Wall Street right now
Finance Insider is Business Insider's summary of the top stories of the past 24 hours.To sign up, scroll to the bottom of this page and click "Get updates in your inbox," or click here.The US economy...
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How salaries stack up in 4 of the world's top financial hubs
The world's top cities share several common traits, namely exceptional dining, grand architecture, and rich culture. But when it comes to cost of living and job compensation — specifically in cities...
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THE MOBILE PAYMENTS REPORT: Market forecasts, consumer trends, and the...
Although the mobile wallet ecosystem is maturing, in-store mobile payments haven't yet taken off. Consumer disinterest, coupled with delays in fully implementing the necessary infrastructure, are...
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