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Investors Focus On Earnings Rather Than Geopolitical Tensions
Friday, July 18, 2014 - 6:08pm | 2627U.S. stocks rose as many questions remain unanswered following the crash of MH17 over the unstable region of Donetsk in Ukraine. U.S. intelligence sources speculated the plane was brought down by a ground-to-air missile but cannot confirm who was responsible. Investors appear to focus on...
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New Emissions Regulations May Mean Tesla Battery Boom
Friday, June 13, 2014 - 10:08am | 625When the Obama administration and the Environmental Protection Agency recently proposed new regulations designed to limit power-plant pollution, they set in motion a chain reaction that could create a $200 billion surge in the value of one industry in six years, according to Bloomberg. That...
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Are Obama's New Climate Rules More About Killing Jobs Or Saving Lives?
Tuesday, June 3, 2014 - 1:19pm | 729According to The Washington Post, the U.S. Chamber of Commerce released a report saying the Obama administration’s proposed plan to reduce carbon emissions from power plants by 30 percent over the next 16 years would cost businesses more than $50 billion per year. The Natural...
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U.S. To Give Up Internet Governing Role
Monday, March 17, 2014 - 10:34am | 517When you want to announce something important you wait until late Friday, right? That’s what the Obama administration did when they announced plans to give up a key role the United States plays in overseeing the Internet. In a press release, the Department of Commerce said that its...
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Did The Last Anti-Keystone Argument Just Bite The Dust?
Monday, February 3, 2014 - 3:02pm | 595With the State Department’s release of a report Friday concluding the Keystone XL pipeline would not substantially worsen carbon pollution, the Obama administration apparently had one less reason for not approving the project. Last summer, the President said he would approve the 1,700-mile...
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Barron's Recap: The 2014 Roundtable, Part 3
Monday, February 3, 2014 - 7:43am | 868This weekend in Barron's online: part three of the 2014 Barron's Roundtable, Ford vs. GM, as well as the prospects for Akamai Technologies, Stanley Black & Decker, Weight Watchers and more. Cover Story "Better Get a Grip" by Lauren R. Rublin. This week's cover story in Barron's is the third...
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Obama Not Allowed to Use iPhone for Security Reasons
Thursday, December 5, 2013 - 9:35am | 544Never kick a company while it’s down, but Blackberry (NASDAQ: BBRY) has certainly been kicked this year. On the brink of bankruptcy, the phone maker has lost most of its customers and more than 80 percent of its stock value. But, the company still has one loyal supporter: The President of the...
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Market Wrap For Thursday, October 10: Dow Leaps 323 Points On Potential Debt Deal
Thursday, October 10, 2013 - 4:30pm | 572Markets leapt higher as investors anticipate an increase in the debt ceiling. President Obama is set to meet with Republicans this afternoon and Treasury Secretary Jack Lew recommended the increase. Major Averages The Dow Jones Industrial Average spiked 323.09 points, or 2.18 percent, to 15,...
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Raising the Roof: The National Debt Ceiling Entering Second Week
Monday, October 7, 2013 - 2:12pm | 508By Bryan Wiener We are now entering week two of the government shutdown. The United States Congress did not pass a Continuing Resolution emergency budget on Monday, September 30, and the country's fiscal and economic welfare is in limbo. Bipartisan feuding over the efficacy of President Obama's...
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The Government Shut Down May Be Your Next Great Trade
Thursday, October 3, 2013 - 7:14am | 557Don’t know how to play the government shutdown? If you’re the type that trades on history, you buy it. You go all-in; you think of it the same way Carl Icahn thinks of Apple (NASDAQ: AAPL)—as a no-brainer because history shows that government shutdowns are great for your portfolio! You...
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Market Wrap For September 30: Debt Ceiling And Government Shutdown Loom
Monday, September 30, 2013 - 4:18pm | 756Markets finally seem to be aware that a debt ceiling is coming. There probably won’t be as much of a sell off as was witnessed saw in 2011, when markets dropped more than 15 percent, because the chaos is now predicted. Helping to simplify things was a lack of economic data on the day. The...
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Barron's Recap: The Baby Boom Budget Bomb
Sunday, September 29, 2013 - 3:49pm | 807This weekend in Barron's online: the looming economic calamity if entitlement spending is not reined in, as well as the prospects for AMC Networks, Prem Watsa and more. Cover Story "What, Me Worry?" by Gene Epstein. Unless Washington stops dithering, says this week's cover story in Barron's, the...
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Associated Press Twitter Account Hacks the Market
Tuesday, April 23, 2013 - 1:28pm | 149At approximately 1:08PM EST Tuesday, a tweet from the Associated Press' official twitter account came out stating that the White House had been the target of a bombing and that President Obama had been injured. S&P futures plummeted 16 points while the Dow Jones spiked downwards, dropping as...
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ETFs For Obama's State of The Union Speech
Tuesday, February 12, 2013 - 4:19pm | 661On Tuesday night, President Barrack Obama will deliver the first State of the Union speech of his second term. State of the Union addresses are often long on great oration, but short on rhetoric worth remembering beyond a couple of days after the speech. In recent memory, the U.S. has had few...
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Investors Watch as Obama's Interior Nominee Prepares to Juggle Needs of Business and Environment
Thursday, February 7, 2013 - 10:11am | 611Sally Jewell is a retail executive and outdoor enthusiast. She has worked in commercial banking and as an engineer for Exxon Mobil Corp. (NYSE: XOM). She also served on the board of directors of Avista Corp. (NYSE: AVA), a Spokane-based power utility, from 1997 through 2003. And, Jewell is...