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Business

Qatar Airways reports a record $ 639 million loss

Qatar Airways publishes today its annual report for 2018-2019 and the results are rough . You have to read quite a bit in the report to see how bad things are. The headline of the press release, which reports the results, simply says that the report "highlights strong overall revenue growth." Then the first sentence notes that the results "underline …

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AT&T Explore Parting Ways With DirecTV Unit

AT&T              Inc. T -1.08% is exploring parting with its DirecTV satellite unit, people familiar with the matter said, and move that would mark sharp course correction in strategy for Chief Executive Randall Stephenson , who billed his $ 49 billion bet on the satellite provider as a key to the phone giant's future. The telecom giant has considered a …

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Australian dollar hammered by hawkish Fed rate cut

DXY was strong last night with EUR and CNY fading: The Australian dollar was universally sold: Gold took a hit and looks vulnerable to more: Oil retraced further: As did metals : And miners: Plus EM stocks: Junk did better: Treasuries and bunds sold: Aussie bonds were bid: Stocks fell moderately: The culprit was the Fed: Information received since the …

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New Credit Card Capital Capital One & Walmart

In the interest of full disclosure, OMAAT earns a referral bonus for anyone approved through some of the links below. These are the best public offers we have found for each card. The views expressed here are solely those of the author and not those of the bank, credit card company, airline or hotel chain, and have not been reviewed, …

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US STOCKS-Wall Street extends losses after Fed announcement

(For a live blog on the US Stock Exchange, click or type LIVE / in the news window.) * Indices: Dow -0.28%, S&P 500 -0.40%, Nasdaq -0.71% * (Fed policy response market updates) By Noel Randevich September 18 (Reuters) – US stocks boosted their losses on Wednesday after the Federal Reserve cut interest rates by a quarter percentage point on …

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The Fed loses control of its interest rate on the day of the big decision – "It just doesn't look right"

Jerome Powell, Chairman of the United States Federal Reserve, awaits the start of a House Financial Services Committee hearing in Washington, D.C., on Wednesday, July 10, 2019. Andrew Harrer | Bloomberg | Getty Images Since the Fed met to consider reducing interest rates, it lost control of the reference interest rate itself. It was a rough week in the overnight …

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What modern Walmart cards are stored for buyers

At NerdWallet, we strive to help you make financial decisions with confidence. To do this, many or all of the products presented here are from our partners. However, this does not affect our estimates. Our opinions are our own. With the release of Capital One Walmart Rewards Mastercard and Walmart Rewards Card – which replace Synchrony Bank's Walmart Cards – …

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