Yellen’s speech in New York pulls stocks out of early dive

The Dow Jones industrial average and Standard & Poor’s 500 index both closed at 2016 highs Tuesday after Federal Reserve Chair Janet Yellen pulled stocks out of an early slump

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Apple feels the pain of China’s yuan move

U.S. companies that rely heavily on sales to China, including Apple and fast-food chain Yum Brands, are feeling the pain of China’s move to weaken its currency. Apple shares cratered

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Twitter rebounds after Jack Dorsey buys shares

Twitter shares are rebounding from an all-time low after interim chief executive Jack Dorsey became the latest insider to buy shares. In a show of confidence in the future of

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Employers added solid 215,000 jobs in July

The economy added a solid 215,000 jobs last month in a development that could help give the Federal Reserve the evidence it needs to raise interest rates in September for

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Stocks drop on solid jobs data; Dow down for 7th day

The Dow Jones industrial average tumbled more than 100 points Friday before cutting its losses in half as news of solid jobs gains in July fueled speculation the Federal Reserve

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Cablevision Systems reports subscriber and revenue gain

Cablevision Systems (CVC) Friday said it gained roughly 5,000 new subscribers during the second quarter as the company reported higher revenue in financial results that topped Wall Street forecasts. The

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Television rises while TV stocks sink

The other day, a senior Facebook executive sent me a link to a New York Times story about the precipitous drop in TV stocks, saying that while he didn’t necessarily

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Warren Buffett buys aerospace firm for $37B

Billionaire investor Warren Buffett’s Berkshire Hathaway reached a deal to acquire aerospace supplier Precision Castparts in a deal valued at $37.2 billion, including the assumption of debt. It’s the largest

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Labor market, retail sales and industrial production —gaining momentum

A light week of economic news will highlight whether some key economic engines — the labor market, retail sales and industrial production — are gaining momentum into the second half

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Cheniere Energy shares soar on Icahn bet

Cheniere Energy (LNG) shares rose sharply Friday, one day after billionaire activist investor Carl Icahn disclosed a nearly 8.2% stake in the natural gas firm and called the stock undervalued.

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