Category: Finance

After closing on April 8th, the U.S. Trade Representative proposed an $11 billion list of European goods, including commercial aircraft, dairy products and wine, on which to impose tariffs. The U.S. is considering the actions as retaliation for European subsides to Airbus and the aerospace sector. Separately, the International Monetary Fund lowered its estimate for global economic growth this year to 3.3 percent from 3.5 percent. The major stock indexes were all down sharply. The Dow and S&P 500 indexes fell 0.72 percent and 0.61 percent respectively, while the Nasdaq…

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After one of its best starts in 20 years, the stock market took a bit of a breather today as corporate earnings season kicks into gear this week. The Dow index fell 0.32 percent. Both Boeing and General Electric were down sharply after being downgraded by Wall Street analysts. The Nasdaq Composite index was up 0.19 percent and, with a strong finish, the S&P 500 index rose 0.1 percent, maintaining its current eight-day winning streak. The Entrepreneur Index™ posted a gain of 0.03 percent today. Analysts are expecting an average 4.2 percent…

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Maisie Williams and Sophie Turner brought their sisterly love and a few giggles to the Game of Thrones Season 8 premiere in Belfast today. Joining the rest of the cast on the red carpet, the onscreen siblings and real-life best friends posed together, holding hands and breaking out in laughter in front of cameras. Williams, whose personal style is far different from that of her tomboyish character Arya, wore a custom bubblegum pink dress by Coach to the event. The sleeveless, feminine number was covered with metallic beads, which matched perfectly with…

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Retailer Bed Bath & Beyond (BBBY) will report financial results after the market closes today and they will almost certainly be bad. Analysts expect a ten percent decline in sales and a 25 percent drop in earnings for the quarter. The stock, however, continues to rise, jumping 5.09 percent today — the biggest gain on the Entrepreneur Index™. In fact, BBBY has had the biggest gain on the index three times in the last week and is up a staggering 71.5 percent so far this year. Investors are clearly betting on improvement. Since…

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Coachella 2019 Weekend 1 has only just started, but the drama has already arrived. After an unforgettable first night, which featured performances by Janelle Monáe and Childish Gambino, as well as guest appearances by Cardi B and Selena Gomez during DJ Snake’s set, a fire broke out on the Coachella site. The explosion, which quickly turned into a fire, was enough to wake some revelers. As Twitter user @justxdamian wrote, “the explosion was about 60ft away from our tent… all seriousness this wasn’t a cool thing to wake up to. Meanwhile, @allisynrees wrote, “Explosion…

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