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Technically speaking, the major U.S. benchmarks continue to whipsaw amid trade-fueled volatility though the bigger-picture damage has thus far been largely contained, writes Michael Ashbaugh.
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Back in the second quarter of 2017, Bloomberg’s Joe Weisenthal suggested that going long assets that journalists flag as in bubble territory would make for a great exchange-traded fund. Paul McNamara, who helps oversee some $135 billion as investment director at GAM Investments in London, took him up on it — in theory, anyway.
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Mallinckrodt Plc shares tumbled Tuesday after the drug company said it has filed suit against the U.S. Department of Health and Human Services (HHS) and Centers for Medicare and Medicaid Services (CMS) to protect Medicaid patient access to its Acthar gel.
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The head of the Boston Federal Reserve said he sees “no clarion call” to raise interest rates any time soon, suggesting the central bank’s hands-off approach could help counter the risk of dangerously low inflation.
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The longer-term notes have a high yield, and the convertibles are a lower-risk way to play the common shares.
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The poll was published during an increasingly heated battle between President Trump and Congressional Democrats over his own tax returns.
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Tesla Inc. shares slide further on Tuesday after analysts at Morgan Stanley peg their worst-case scenario for the stock at $10 and say the Silicon Valley car maker might have grown “too big.”
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Use an S Corporation to control an ever-increasing federal-employment tax hit.
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The head of the House Judiciary Committee on Tuesday escalated a fight over testimony from Don McGahn, after the ex-White House counsel defied a subpoena from the panel.
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The fish, named Cabot, is 9 feet, 8 inches long.
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