Traders scheme to cash in on Trump tweets – POLITICO

NEW YORK — President-elect Donald Trump issued a single tweet blasting defense contractor Lockheed Martin Corp. at 8:30 a.m. on Monday. By lunchtime, he had wiped $4 billion off the company’s market value. Wall Street traders began dumping the company’s stock after Trump criticized its fighter jet program: “The F-35 program and cost is out…

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The real secret to Asian American success was not education – The Washington Post

Some 70 years ago, this was the Asian stereotype. (Russell Lee, July 1942, Twin Falls, Idaho. Library of Congress) For those who doubt that racial resentment lingers in this nation, Asian Americans are a favorite talking point. The argument goes something like this: If “white privilege” is so oppressive — if the United States is so hostile…

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Federal Reserve Chair Throws Cold Water On Trump’s Economic Plan : The Two-Way : NPR

END CLASS=”STORY-META__ONE” END CLASS=”STORY-META__TWO” END ID=”STORY-META” CLASS=”STORY-META HAS-BYLINE” Federal Reserve Board Chair Janet Yellen told Congress on Thursday she didn’t agree with President-elect Donald Trump’s plans for more infrastructure spending and less banking regulation.   Win McNamee/Getty Images hide caption toggle caption   Win McNamee/Getty Images   Federal Reserve Board Chair Janet Yellen told Congress…

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Everybody Lies on Social Media—Just Ask Bankruptcy Asset Hunters – WSJ

This October, when Ido Alexander saw photos a young man had posted on social media, he thought he had hit the bankruptcy jackpot. Mr. Alexander, a Florida lawyer working for a court-appointed trustee, dispatched an appraiser to the man’s home to inspect the expensive-looking gold chains and other jewelry he had been posing in, which he hadn’t…

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Stock Markets Plunge as Trump Returns Surprise Investors | NBC Chicago

Dow futures fell more than 800 points startclickprintinclude endclickprintinclude loadInlineNwsModule | $loadInlineNwsModule nwsLetterEmbedded | $nwsLetterEmbedded nwsModuleAttached | false NEWSLETTERS   Receive the latest national-international updates in your inbox startclickprintinclude Stock market futures plunged dramatically, as investor expectations of an easy Hillary Clinton win ran head-long into a growing lead for Donald Trump. Futures on the…

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Low-volatility funds out of favour

Low-volatility funds, one of the trendiest of market trends this year, have become a high-anxiety trade of late. Sample the FT’s top stories for a week You select the topic, we deliver the news. Select topicSelect topicTop StoriesBrexitUS Election 2016China slowdownMillennial EconomyMarch of the RobotPlunging oil priceGlobal TerrorTech disruptionAdvertisingConnected Cars Enter email address Invalid email…

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