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Wall Street Journal

Rewards Credit Cards Gained a Fanatic Following—Now Banks Are Pulling Back

News Source: Wall Street Journal
Post Date: Tuesday - January 1, 2019 - 4:23pm
Major perks like airfare and cash back were meant to lead to higher returns. But consumers figured out how to game the system. Now banks are trying to figure out how to keep customers happy while cutting extras. ...
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New Year’s Revelers Across the Globe Welcome 2019

News Source: Wall Street Journal
Post Date: Monday - December 31, 2018 - 10:07pm
People around the globe celebrate with blazing lights, balloons and frigid swims as they mark the start of a new year. ...
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U.S. Indexes Close With 2018 Losses

News Source: Wall Street Journal
Post Date: Monday - December 31, 2018 - 8:42pm
U.S. stocks rose on the final trading day of 2018, although punishing losses from recent months pushed major indexes to their steepest one-year decline since 2008. ...
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Carlos Ghosn Can Be Held in Jail Until Jan. 11, Tokyo Court Says

News Source: Wall Street Journal
Post Date: Monday - December 31, 2018 - 12:01am
Former Nissan Motor Chairman Carlos Ghosn can be held in jail without the possibility of bail until Jan. 11, lengthening a detention that has gone on for a month and a half. ...
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Dow Industrials Fall to End Volatile Week

News Source: Wall Street Journal
Post Date: Friday - December 28, 2018 - 8:35pm
All three major U.S. indexes snapped a three-week losing streak but are poised for annual losses for the first time since 2008. ...
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Dow Industrials Storm Back in Record Rebound

News Source: Wall Street Journal
Post Date: Thursday - December 27, 2018 - 10:53pm
The blue-chip index staged a late-day rally, swinging more than 850 points to finish 1.1% higher and offering a respite for investors bruised by the biggest selloff since the wake of the financial crisis. ...
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Dow Industrials Leap More Than 1,000 Points

News Source: Wall Street Journal
Post Date: Wednesday - December 26, 2018 - 11:08pm
The Dow Jones Industrial Average surged more than 1,000 points for the first time in a single session Wednesday, rebounding after a bruising four-session selloff put the blue-chip index and the S&P 500 on the brink of a bear market. ...
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Dow Falls Nearly 3%, Extending December Rout

News Source: Wall Street Journal
Post Date: Tuesday - December 25, 2018 - 12:12am
The Dow Jones Industrial Average lost more than 650 points as Treasury Secretary Steven Mnuchin tried to instill calm into a jittery market. The S&P 500 is less than half a percentage point away from entering a bear market. ...
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How China Built a Steel Behemoth and Convulsed World Trade

News Source: Wall Street Journal
Post Date: Monday - December 24, 2018 - 6:28pm
A four-decade drive, driven by global demand and supported by government subsidies, cheap loans and tax breaks, helped bring China out of poverty. It also upended industries around the world and helped spark trade tensions with the U.S. ...
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Evan Spiegel’s Imperious Style Made Snapchat a Success—Until Users Fled

News Source: Wall Street Journal
Post Date: Sunday - December 23, 2018 - 6:09pm
Snap, which was once seen as a viable competitor to Facebook, is struggling after the CEO ignored warnings about a redesign that proved unpopular. With usership and the share price falling, analysts and employees are raising questions about whether his......
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Stock Rout Puts Nasdaq in Bear Market

News Source: Wall Street Journal
Post Date: Friday - December 21, 2018 - 10:41pm
Technology and other fast-growing companies tumbled, extending a painful stock-market rout that shaved about 400 points off the Dow industrials Friday and pulled the Nasdaq Composite into bear-market territory. ...
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Carlos Ghosn Re-Arrested on Suspicion of Shifting Personal Losses to Nissan

News Source: Wall Street Journal
Post Date: Thursday - December 20, 2018 - 11:13pm
Nissan’s former Chairman Carlos Ghosn was re-arrested on suspicion of shifting personal losses to Nissan, derailing his plans for bail. ...
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Stocks Fall Sharply as Nasdaq Closes Near Bear Market

News Source: Wall Street Journal
Post Date: Thursday - December 20, 2018 - 6:02pm
The Nasdaq Composite Index tumbled and threatened to enter a bear market as the Federal Reserve’s latest guidance on interest rates spooked investors in growth-sensitive assets such as technology shares. ...
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Stocks End Lower After Fed Lifts Rates

News Source: Wall Street Journal
Post Date: Wednesday - December 19, 2018 - 6:24pm
The Dow Jones Industrial Average swung nearly 900 points Wednesday, slumping after the Federal Reserve raised interest rates for the fourth time in 2018 and signaled a milder path of increases over the next year. ...
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Ghosn’s U.S. Push Irked Nissan Executives

News Source: Wall Street Journal
Post Date: Tuesday - December 18, 2018 - 5:41pm
Carlos Ghosn’s drive to increase Nissan’s market share in the U.S. created tension with the company’s management, who felt his push came at the expense of investing in Japan. ...
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