Business

Business Briefs – April 11, 2019

Uber Reveals Finances as It Gears Up for IPO SAN FRANCISCO (AP) – Uber is providing a look under the hood of its business in the lead-up to its hotly…

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Long-Term Mortgage Rates Rise; 30-Year at 4.12%

Long-term mortgage rates rose moderately this week, remaining at historically low levels that can lure potential purchasers in the spring homebuying season. Mortgage buyer Freddie Mac said Thursday the average…

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Growth Woes, Trade Tension Douse Rally in Asian Shares

Asian stocks stepped back from near eight-month highs on Thursday and the dollar eased as cautious European and U.S. central banks reinforced investors’ worries about the slowing global economy and…

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Business Briefs – April 10, 2019

CEOs of Big Banks Face Off With House Democrats NEW YORK (AP) – The heads of seven of the largest banks in the U.S. fielded sometimes contentious questions from a…

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Tech Companies Lead U.S. Stocks Broadly Higher

Stocks closed higher on Wall Street Wednesday as solid gains by technology companies helped the market recoup some of its losses from a day earlier. Small-company stocks also stood out,…

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Stocks Move Broadly Higher, Led by Technology Companies

U.S. stocks moved broadly higher in afternoon trading Wednesday on Wall Street, reversing course from a downturn a day earlier that ended an eight-day winning streak. Technology and health care-companies…

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Tel Aviv Shares Up 0.5 Percent After Elections

The Tel Aviv Stock Exchange’s main indexes opened up 0.5 percent on Wednesday after results from Israel’s general election indicated that Prime Minister Binyamin Netanyahu won another term. “The gains…

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Business Briefs – April 9, 2019

Putin Outlines Ambitious Arctic Expansion Program PETERSBURG, Russia (AP) – President Vladimir Putin on Tuesday put forward an ambitious program to secure Russia’s footholdin the Arctic, including efforts to build…

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No Surprise as Interest Rate Unchanged

The Bank of Israel kept its benchmark interest rate at 0.25 percent for a third consecutive time on Monday. With inflation steady at just above a 1 percent rate, all…

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