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Home prices in San Francisco just fell for the first time in 4 years
Homebuyers are so fed up with San Francisco's crazy housing market that prices are now falling. According to real-estate brokerage Redfin, house prices fell 1.8% year-on-year in March, the first such...
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These are the 5 favorite hotels of the wealthy
.Join the conversation about this story »NOW WATCH: This hidden subplot of 'Game of Thrones' spells out the real trouble for the Lannisters
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One of the biggest types of investments may be going extinct
Mutual funds have been a standby of retirement plans for decades, helping to provide a less risky vehicle for people to grow their wealth.The time is coming, however, when low-cost exchange-traded...
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One Morgan Stanley exec is changing the way athletes think about their money
We’ve all heard the story—A star college athlete gets drafted, gets a big check, buys a bunch of stuff, takes on a lot of debt, has a career ending injury, and files for bankruptcy.It happens...
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BLACKROCK CEO: Negative rates are breeding a disaster for the economy (BLK)
BlackRock CEO Larry Fink says negative interest rates are lining up savers and the economy for "potentially dangerous financial and economic consequences."In his annual letter to shareholders published...
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We got an inside look at a members-only marijuana social club in California...
California dispensary HerbaBuena formed a members-only collective where participants attend monthly social clubs to interact with and sample different strains of marijuana. The collective serves as a...
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Audi has unleashed a new monster diesel SUV
Audi's high performance diesel prototype racers have decimated its competition on the race tracks for the last decade.Now, Audi is taking its high-performance oil-burning tech and dropping it into the...
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Greece considers proposal to unblock bailout review talks
ATHENS (Reuters) - Greece is considering adopting measures proposed by EU institutions now and agreeing to implement additional reforms if it misses its 2018 bailout targets, in an effort to unlock new...
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Here's every US state's unemployment rate in March
The Bureau of Labor Statistics just released their monthly estimates for the March unemployment rates of all 50 states and the District of Columbia.The Bureau noted in their press release that...
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ALL ABOUT EARNINGS: Your complete preview of the week's big economic events
Stocks rallied last week to move near their best levels of the year. The Dow and the Nasdaq rose 1.8% while the benchmark S&P 500 was up 1.6%. The Dow is now just a bit more than 400 points away...
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This is what it looks like when you attack a $513,000 Mercedes Maybach limo...
The Mercedes-Maybach S600 is one of the finest luxury limos money can buy.The Maybach name returned last year after a brief hiatus as the flagship model of Mercedes' S-Class line instead of a stand...
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The only 4 things that can actually prevent hair loss
There's a lot of noise out there when it comes to preventative measures for hair loss.Some products talk a big game, but when it comes down to it, they cannot back it up. In fact, according to hair...
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UK finance ministry to publish 'sober analysis' of Brexit risk
LONDON (Reuters) - Britain's finance ministry will present a "serious, sober analysis" on Monday of the long-term economic impact if Britain votes to leave the European Union in a June referendum, a...
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Understand fintech - Amazon's next possible frontier - with this report (AMZN)
This story was delivered to BI Intelligence "Payments Industry Insider" subscribers. To learn more and subscribe, please click here.The arrival of the age of fintech is about to shake up the financial...
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Crude oil plunges after producers' meeting in Doha flops (USO, WTI, OIL, VDE)
Crude oil is getting crushed to start the week.Several oil producers, responsible for almost half of the world's output, failed to reach a production-freeze agreement at a meeting in Doha on Sunday. An...
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Jamie Dimon says Americans only have one problem area when it comes to debt
JPMorgan CEO Jamie Dimon says the American consumer is looking great these days, except for in one key area — student debt.Dimon spoke at the Grant's Interest Rate Observer Conference in New York City...
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Goldman Sachs is cutting costs big time
Goldman Sachs is looking to cut costs, big time.That's according to Bloomberg's Dakin Campbell, Aaron Kirchfeld, Manuel Baigorri, who report that the firm is pulling in the reins on bankers' travel and...
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China is tightening its grip on the world's commodities markets
China is tightening its grip on global commodities markets.It is already one of the largest import and export economies in the world, which means that it has a lot of influence over the price of raw...
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French central bank chief warns about Brexit consequences
NEW YORK (Reuters) - Britain should stay in the European Union, but regardless how it votes on June 23, the EU needs to forge closer ties to get out of its economic rut, the head of the French central...
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VW labor chief calls for managers to waive bonuses: Handelsblatt
FRANKFURT (Reuters) - Volkswagen's management board should volunteer to cut their bonus payments, the company's powerful labor chief Bernd Osterloh told German daily Handelsblatt.The carmaker should...
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