The conventional wisdom is that market forces don’t apply to pricing for medical care. A new study of the cosmetic surgery industry shows how wrong that belief is. By Shawn Tully, senior editor-at-large Despite growing demand for cosmetic surgery, prices are rising more slowly than inflation. Fortune — We’re constantly hearing why the...
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Japanese stocks have been surging on the country’s aggressive attempts to stimulate the economy. LONDON (CNNMoney) A seven-month rally in Japanese stocks came to an abrupt halt Thursday as the benchmark Nikkei index plunged by 7.3%, with investors rattled by weak economic data from China. The latest numbers from China showed the country’s...
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Click for more market data. NEW YORK (CNNMoney) A rally on Wall Street fizzled Wednesday afternoon as investors remain focused on the Federal Reserve. The Dow had surged more than 100 points earlier in the day as investors welcomed comments from Fed chairman Ben Bernanke, who told lawmakers that withdrawing monetary stimulus prematurely...
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Click for more market data. NEW YORK (CNNMoney) Stocks popped Wednesday after Federal Reserve chairman Ben Bernanke eased fears the central bank could scale back its stimulus policies anytime soon. Bernanke told lawmakers that the Fed is aware of the potential risks associated with its bond-buying program, but said slowing the pace of...
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Click for more market data. NEW YORK (CNNMoney) Stocks popped Wednesday after Federal Reserve chairman Ben Bernanke eased fears the central bank could scale back its stimulus policies anytime soon. Bernanke told lawmakers that the Fed is aware of the potential risks associated with its bond-buying program, but said slowing the pace of...
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The Dow and S&P 500 closed at record highs Tuesday, buoyed by hopes for continued stimulus from the U.S. Federal Reserve. NEW YORK (CNNMoney) All eyes are on Ben Bernanke and the U.S. Federal Reserve Wednesday. Investors are awaiting clues about whether the central bank will continue to pump money into the financial...
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Source: Zig Lambo of The Energy Report (5/21/13) The worst may be over for companies and investors who have weathered the depressed gas prices of the past few years, but that doesn’t mean it’s clear sailing from here. In this interview with The Energy Report , Robert Cooper, senior energy analyst with Haywood...
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While lawmakers took turns bashing Apple (AAPL) for its creative tax policies, investors were cheering on CEO Tim Cook as he defended the company and pushed Congress to overhaul the tax code. The general consensus among traders on StockTwits was that Cook looked like a capable leader compared with the elected officials doing...
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Stock Digest Report Newsletter ~~~~~~~~~~~~~~~~~~~~~~~~~~ Update on CWNM Which Directly Can Affect You! With, or “without” you… CWNM could be a bigger Winner then the last two picks I have given you… Taking this email lightly could hurt you more than anything. What I`m not going to do is twist your arm. Conduct...
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Click the chart for more stock market data. NEW YORK (CNNMoney) So much for taking a break from the rally. Wall Street started Wednesday in the red, but stocks resumed their march into record territory by the afternoon. The Dow Jones industrial average rose 0.4%, with financials JPMorgan Chase ( JPM , Fortune...
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