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Affluent U.S. families expect to spend $233,000 or more to raise each of their children, thanks in large part to education costs. In the Northeast, wealthy parents estimate that they'll spend an average of $996,000 per child. [Read More]
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The number of employers who offer workers Martin Luther King J. Day off has jumped in the last decade with nearly half now doing so, but the reason why we get to celebrate the civil rights leader's legacy as a federal holiday involves labor unions, Stevie Wonder, a persistent congressman, and the largest petition in U.S. history. [Read More]
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"If this drags on into February, March, then growth rates are going to fall to a place where unemployment will start to rise," economist Mark Zandi warns. [Read More]
NEW YORK, Jan 18- The dollar held firm against its rivals on Friday and was poised for its first weekly gain in five weeks, boosted by optimism about trade talks between China and the United States. Treasury Secretary Steven Mnuchin discussed lifting some or all tariffs on Chinese goods and suggested offering a tariff rollback during trade discussions... [Read More]
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UBS is upgrading Chevron to buy, saying the oil and gas giant is positioned to weather a sudden drop in crude prices. [Read More]
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In a letter to Mnuchin dated Monday, Warren questioned why Mnuchin carried out those calls when market participants had not raised major concerns about stability or financial institution liquidity. [Read More]
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President Donald Trump says the partial government shutdown, already the longest in U.S. history, could continue for "months or even years," and that has dire implications for workers' ability to make their monthly housing payments, Zillow says. [Read More]
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Getty Images President Xi Jingping. China has offered to make up the trade imbalance with the United States, telling U.S. trade negotiators that China will ramp its purchases of U.S. goods, Bloomberg News reported on Friday, citing officials familiar with the talks. This story is developing. Please check back for updates. [Read More]
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The "Fast Money" traders share their first moves for the opening bell. [Read More]
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The "Fast Money" traders share their first moves for the market open. [Read More]
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Amid the stalemate in Washington, credit unions and banks are offering accomodations to federal workers. Their best offers include interest-free loans. [Read More]
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BuzzFeed on Thursday reported that Trump directed Cohen to lie to Congress about talks regarding a possible Trump Tower project in Moscow. [Read More]
TREASURY YIELDS PARE RISE AFTER WEAKER-THAN-FORECAST U. MICHIGAN U.S. [Read More]
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Consumer sentiment dropped to its lowest level since before the U.S. presidential election in 2016 amid growing concerns over U.S. economic growth, according to data released Friday. [Read More]
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According to a new report from Wealth-X, New York City's high net worth (HNW) population, those worth $1 million to $30 million, is 65 percent larger than the second biggest city, Tokyo. [Read More]
*OPEC report indicates headstart on pact cutting supply. *Washington considers rolling back China import tariffs- WSJ. LONDON, Jan 18- Oil prices rose on Friday after an OPEC report showed its production fell sharply last month, easing some concerns about prolonged oversupply. [Read More]
WASHINGTON, Jan 18- As the partial U.S. government shutdown hit the four-week mark on Friday, tensions mounted in Washington on either side of the standoff over President Donald Trump's demand for $5.7 billion to help fund a U.S.- Mexico border wall. The Senate was expected to reconvene on Friday, but its exact plans were unsettled. The Republican-controlled... [Read More]
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The NBA has been in London this week for a seventh time in eight years, as the organization continues its growth of the game on a global scale. [Read More]
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Share of Vans' parent company jumped in trading Friday after the apparel company reported strong growth in its Vans and The North Face brands and increased its full-year outlook. [Read More]
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Ringing today's opening bells are Howie Mandel, host and executive producer of CNBC's 'Deal or No Deal', at the NYSE and Adam Kownacki, heavyweight boxer, at the Nasdaq. [Read More]
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