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Market Wrap: Record Highs for Dow, S&P 500

June 11, 2016

Peter Kneffel/dpa/AP U.S. stocks rose on Wednesday boosted by tech shares, with the S&P 500 (^GPSC) and Dow industrials (^DJI) closing at records, while the energy sector was once more the largest weigh...

AIG Raises $17.8 Billion with Hong Kong IPO

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June 11, 2016

Insurance Industry

AIG (AIG) raised HK$138.3 billion ($17.8 billion) from the IPO of its main Asian unit, AIA, putting the troubled insurer on track to repay its U.S. government bailout. AIG placed 7.03 billion shares at HK$1...

A Dunning Letter From the IRS Could Result in a Tax Refund

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June 6, 2016

Mutual Funds

Cassandra Hubbart/AOL Have you ever received one of those letters from the Internal Revenue Service that says you owe them more money? No doubt you're worried. But the truth may be that the IRS owes you mon...

Big Business Is Waking Up to Global Warming – but Is It Too Late?

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June 5, 2016

Insurance Industry

Ethan Miller/Getty ImagesDrought and increased water demand spurred by explosive population growth in the Southwest has caused the water level at Lake Mead, which supplies water to Las Vegas, Arizona and Southe...

This ETF Goes for Less Volatility, Luring Anxious Investors

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June 4, 2016

Mutual Funds, Trending

Shutterstock Let's be honest: In the face of a dicey global economy, the relentless forward march of the market is causing anxiety not only for those on the sidelines, but also for investors who are already p...

Money Minute: U.S. Again Tops List With Most Millionaires

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May 24, 2016

Ipos

I'm not sure if you'll find this to be encouraging, or if it makes you angry. Here goes: the rich got a lot richer last year. Boston Consulting says the number of households worldwide that now qualify as m...

Market Wrap: Stocks Slip After Energy Slide, Yellen Comments

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May 24, 2016

Energy

Michael Nagle/Bloomberg via Getty Images NEW YORK -- U.S. stocks edged lower Wednesday, retracing recent gains along with energy shares, while comments by Federal Reserve Chair Janet Yellen pointing to a po...

Market Wrap: Stocks Jump With Energy; Berkshire Deal a Boost

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May 18, 2016

Energy

Andrew Burton/Getty Images NEW YORK -- U.S. stocks climbed Monday, giving the S&P 500 its biggest gain since May as indexes bounced back sharply from last week's losses, buoyed by gains in commodity-rel...

After Market: Fear of Fed Action Makes Investors Skittish

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May 16, 2016

Ipos, Trending

Worries about interest rates rising earlier than anticipated sent Wall Street lower Thursday, but GoPro flew high on its first day of trading. Comments by the head of the Federal Reserve Bank of St. Louis rat...

Tesla CEO Plugs Into New Market With Home Battery System

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May 16, 2016

Energy, Trending

Ringo H.W. Chiu/APElon Musk, CEO of Tesla Motors, unveils the company's newest product in Hawthorne, Calif. FOSTER CITY, Calif. -- Never lacking daring ideas, billionaire entrepreneur Elon Musk is determine...

Twitter IPO Not Worth All the Hype, Poll Shows

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May 13, 2016

Ipos

Andrew Harrer/Bloomberg via Getty Images By Kayla Tausche and Amara Omeokwe Twitter executives have spent weeks on Wall Street and in major U.S. cities touting the company's highly anticipated initial public o...

The 3 Most Effective Retirement Strategies

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May 13, 2016

Mutual Funds

Getty Images By Scott Gamm NEW YORK -- The whiplash seen in stocks over the last week means your retirement savings strategy needs a little extra care. If you're still searching for a strategy or the market...

Market Wrap: Wall Street Falls; Pfizer, Allergan Drag

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May 12, 2016

Energy

Spencer Platt/Getty ImagesNEW YORK -- U.S. stock indexes closed slightly lower in quiet trading Monday on Wall Street after last week's strong gains, while a big health care deal failed to impress investors.Pfi...

PayPal Valued at About $52 Billion in Nasdaq Return

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May 12, 2016

Ipos, Trending

Jeff Chiu/AP PayPal Holdings shares jumped as much as 11 percent in their highly anticipated return to the Nasdaq after more than a decade in eBay's (EBAY) fold, valuing the digital payment processor at abo...

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