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Wall St Week Ahead Investors wonder when vicious sell-off in U.S. stocks will end

A specialist trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., September 22, 2022. REUTERS/Brendan McDermid Join now for FREE unlimited access to Reuters.com Register NEW YORK, Sept 23 (Reuters) – A week of heavy selling has rocked U.S. stocks and bonds, and many investors are bracing for …

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Some investors backing out of SPAC merging with Trump’s media firm

(Reuters) – Some investors are scrapping Digital World Acquisition Corp’s plan to acquire Truth Social, the social media company of former U.S. President Donald Trump, the blank check firm said on Friday. Digital World said it received termination notices from private equity investment (PIPE) investors, terminating nearly $139 million in investments of the $1 billion …

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Costco to keep $1.50 hot dog-and-soda combo ‘forever’ despite inflation: exec

A senior Costco Wholesale executive has confirmed that the big-box retailer has no plans to reprice its $1.50 hot dog and soda combo in its stores despite months of decades of high inflation. Costco Chief Financial Officer Richard Galanti reiterated that the discount price of the fan-favorite deal would remain in place during the company’s …

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Equipment issues strands BART train with 200 passengers onboard

BART told passengers to expect ‘major system-wide delays’ until trains stop running on Friday after an early morning electrical problem in the Transbay Tube brought agency operations to a standstill transit system and at one point jammed a train inside the tube with around 200 people on board. The train was stuck in the Transbay …

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The Fed sees economic pain ahead. Stock markets are feeling it now.

Stock markets fell on Friday, continuing a bad slide that began in August as investors try to battle economic headwinds in the United States and around the world that will only get worse. Major stock indexes ended the week with losses, capping the fifth decline in the past six weeks. The Dow Jones Industrial Average …

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Marriott Bonvoy Brilliant Card Now Offers Platinum Status

In the interest of full disclosure, OMAAT earns a referral bonus for anyone that’s approved through some of the below links. These are the best publicly available offers (terms apply) that we have found for each product or service. Opinions expressed here are the author’s alone, not those of the bank, credit card issuer, airline, …

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European stocks slide 2.8% after weak euro zone data, new UK economic plan

European stocks were down sharply on Friday as investors digested a series of central bank decisions and a new economic plan from the UK The Stoxx 600 was down 2.8% in the early afternoon, with all sectors and major exchanges trading in the red. Oil & Gas stocks and Basic Resources were the main losers, …

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Futures fall following another day of losses after Fed rate hike, sell-offs

Stock futures were lower on Friday morning as investors continued to react to the Fed’s rate hike and worries about a possible economic slowdown. The Nasdaq 100 fell 0.48%. Dow Jones Industrial Average futures fell 91 points, or 0.3%. S&P 500 futures rose 0.36%. Costco the stock was down about 2.6% in extended trading. Although …

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Stocks fall; Singapore, Malaysia inflation

An electronic board displays stock information at the Australian Securities Exchange, operated by ASX Ltd., in Sydney, Australia, Tuesday, February 6, 2018. Brendon Thorne | Bloomberg via Getty Images Asia-Pacific stocks fell on Friday as investors continue to weigh on the Federal Reserve’s aggressive stance. In Australia, the S&P/ASX 200 fell 2.28% to its lowest …

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