Monthly Archives: July 2016

Data in focus as market struggles for direction

NEW YORK (Reuters) - Wall Street, seeking direction as the S&P 500 has been stuck in a narrow trading range for 12 days, will next week shift its attention from second-quarter corporate earnings reports to economic data.

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U.S. authorities subpoena Goldman in 1MDB probe: WSJ

(Reuters) - U.S. authorities have issued subpoenas to Goldman Sachs Group Inc for documents related to the bank's dealings with scandal-hit Malaysian state fund 1MDB, the Wall Street Journal reported late on Friday.

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No clean bill of health for EU banks in stress test

LONDON (Reuters) - Banks from Italy, Ireland, Spain and Austria fared worst in the latest European Union stress test, which the region's banking watchdog said on Friday showed there was still work to do in order to boost credit to the bloc's economy.

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‘Sell everything,’ DoubleLine’s Gundlach says

NEW YORK (Reuters) - Jeffrey Gundlach, the chief executive of DoubleLine Capital, said on Friday that many asset classes look frothy and his firm continues to hold gold, a traditional safe-haven, along with gold miner stocks.

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Pennsylvania attorney general announces Hershey trust reform deal

HARRISBURG, Penn. (Reuters) - The Pennsylvania Attorney General's office on Friday unveiled the terms of a reform agreement with the charitable trust that controls Hershey Co that includes a 10-year term limit for trustees and limits on their compensa...

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Are You a Goal-Setter or a Visionary?

Entrepreneur Network partner Patrick Bet-David talks about the differences between these types of entrepreneurs and the implications of being one or the other.

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