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Shannon Stapleton | Reuters Apple CEO Tim Cook speaks during an Apple launch event in the Brooklyn borough of New York, October 30, 2018.  Apple is going to announce its new video streaming service plans at an event in Cupertino, Calif., on Monday, March 25. Over the past few months, CNBC has reported many details
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Do you want to open a Roth IRA, but not sure how or where to get started? In this article, we’ll walk you through the process and take a look at some good low-cost investments for your Roth IRA once you open it! RELATED: The #1 mistake people make when opening an investment account Confused about
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Tiffany on Friday reported a 1 percent drop in sales worldwide during the holiday quarter, citing “external challenges and uncertainties.” Its stock was down more than 5 percent in pre-market trading on the news. The luxury jewelry retailer said net sales fell to $1.321 billion during its fiscal fourth quarter, while analysts had been expecting
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A slew of negative economic data weighed on investor sentiment on the final trading day of the week. IHS Markit’s flash euro zone composite Purchasing Managers’ Index (PMI) fell to 51.3 in March from 51.9 the previous month — analysts were expecting a reading of 52. French and German numbers also disappointed, with IHS’ PMI
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CVS Health CEO Larry Merlo told CNBC Thursday that the health chain is unlocking growth opportunities despite the stock’s downward trend since officially merging with Aetna in November. The company has made “tactical execution” changes to its long-term care business that has faced “intense financial pressure,” he said. The skilled nursing unit came from CVS’
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Nike shares tumbled Thursday following the sneaker maker reporting weaker-than-expected sales in North America during its fiscal third quarter, hurt, in part, by fewer people buying Converse-branded merchandise. Although its earnings topped analysts’ expectations, and total revenue was in-line with estimates, Nike shares sunk more than 4 percent after the bell on the news. The
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Sugary drinks may feed colon cancer tumors, according to a study published Thursday in the journal “Science.” High-fructose corn syrup feeds colon tumors in mice, suggesting that drinking soda may produce similar effects in humans, a study from Weill Cornell Medicine, a medical school, and NewYork-Presbyterian Hospital found. Researchers said early stage tumors were eating
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David A. Grogan | CNBC Brian Roberts, CEO, Comcast, speaks with Jim Cramer, on CNBC’s “Mad Money” from Philadelphia, September 6, 2018. Comcast is making it easier for its broadband-only customers to access streaming video without an outside set-top box. For $5-per-month, Comcast will give its internet-only customers a connected box to watch Netflix, Amazon
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Federal Reserve Chairman Jerome Powell changed course and finally made the correct policy decision by indicating the Fed is stalling interest rate increases for the year, CNBC’s Jim Cramer said Thursday. “I thought that Jay was great [Wednesday],” Cramer told “Squawk Box,” referring to Powell’s news conference at the conclusion of the central bank’s two-day
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When you think of Southern living in the United States, a sunny climate and warm hospitality may come to mind. So it should come as no surprise that moving south is a popular choice for retirees. But with so many options to choose from, where should you look to spend your golden years? While every
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As the mobile wallet market grows in profitability, however, competition is also heating up. Go-Pay’s largest rival, Ovo, is backed by Singapore-based tech company Grab and is one of the largest players in Indonesia’s digital payment market. State-owned enterprises have also recently collaborated to launch the mobile payment service, LinkAja. Haryopratomo said he was “excited”
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Growing trade tensions between the U.S. and China, coupled with nagging concerns about the Chinese economy have rattled confidence in some of the industry’s key players. Soft iPhone sales, along with a deceleration in cryptocurrency mining ventures, further fed investor anxiety surrounding weakened demand. Looking ahead, Credit Suisse’s Nigam said investors should focus on supply-side
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