Bill Gates Only Needs 16 Minutes to Plug His City’s $500 Million Budget Hole

Medina, Washington, where the world’s second-richest man Bill Gates lives is in financial trouble. The city of 3,200 residents is projecting a budget deficit of $0.5 million by 2020. If left unchecked this could balloon to $3.3 million by 2025. In just seven months, the net worth of the Microsoft co-founder has grown by $9.5 […] The post Bill Gates Only Needs 16 Minutes to Plug His City’s $500 Million Budget Hole appeared first on CCN.com

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Active Trader Predicts a Stock Market Crash in Q4 Due to Liquidity Crisis

The S&P 500 (SPX) may have bounced from last week’s selloff but it seems that investors remain jittery. You can’t blame them. Uncertainties from the trade war, global dollar shortage, and weak manufacturing data are all threatening an index that’s trading close to all-time highs. As a result, fear is driving stock market sentiment. It […] The post Active Trader Predicts a Stock Market Crash in Q4 Due to Liquidity Crisis appeared first on CCN.com

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Why Analysts are Shifting Bullish After Big US Stock Market Bloodbath

On Sept. 16, the U.S. stock market plunged following an abrupt increase in the oil price, sending the Dow Jones down by more than 140 points in a single session. Ironically, China, whose economy has been on a decline in recent months, could prevent the U.S. stock market from a larger pullback. The U.S. and […] The post Why Analysts are Shifting Bullish After Big US Stock Market Bloodbath appeared first on CCN.com

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3 Factors That Could Supercharge Dow Jones to Shatter Record Highs

Following the unexpected decision of U.S. President Donald Trump to consider establishing a partial trade deal with China ahead of the new round of trade deal talks, the Dow Jones increased by around 500 points within three days. Since September 10, the Dow Jones Industrial Average (DJIA) has climbed from 26,721 points to 27,219 points […] The post 3 Factors That Could Supercharge Dow Jones to Shatter Record Highs appeared first on CCN.com

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‘Dow Theorist’s Nightmare’: Rosenberg Sounds Alarm on Jobs Report

The latest jobs report for August has put some recession fears at bay, but many aren’t feeling too chipper about the results – and what they mean for major stock market indices like the Dow Jones Industrial Average. August Jobs Report: Far From Dreamy The big takeaway from the August jobs report is that job […] The post ‘Dow Theorist’s Nightmare’: Rosenberg Sounds Alarm on Jobs Report appeared first on CCN Markets

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World's Largest Hedge Fund Manager Says 25% Chance of Recession

When Ray Dalio speaks, you should listen. That’s because Ray Dalio’s hedge fund, Bridgewater Associates, has made over $50 billion for his clients. He isn’t just an investor. He’s a macro global investor. He sees the big picture. He also happens to go to the Burning Man Festival and ruin it for everyone. And Ray […] The post World's Largest Hedge Fund Manager Says 25% Chance of Recession appeared first on CCN Markets

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Samsung's Crypto-Charged Note 10 Flagship Obliterates Apple's iPhone

Samsung launched the KlaytnPhone in South Korea on Thursday, a spinoff of the Galaxy Note 10 equipped with blockchain apps and a cryptocurrency wallet. It furthers Samsung’s position as the most crypto-friendly smartphone maker, putting it lightyears ahead of rival Apple. Thus far, the company has added blockchain support in a variety of models, integrated […] The post Samsung's Crypto-Charged Note 10 Flagship Obliterates Apple's iPhone appeared first on CCN Markets

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Bloody Crypto Christmas?… Calm Down. It’s a Correction, Not a Crash

The post Bloody Crypto Christmas?… Calm Down. It’s a Correction, Not a Crash appeared first on CCN You probably woke up this morning to a portfolio streaked in red, and you likely came to the logical conclusion that the market is getting massacred at the moment.  Congratulations, you’d be right.  If you’re a veteran investor, this is par for the course, another adrenaline-inducing day in this amusement park we call a market. The post Bloody Crypto Christmas?… Calm Down. It’s a Correction, Not a Crash appeared first on CCN

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