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Uber hires CFO after lengthy search, paving way for IPO

SAN FRANCISCO (Reuters) – Uber Technologies Inc. [UBER.UL] hired a financial director, said the tourism services company today, occupying a long-standing vacancy and paving the way for a very early public offering waiting for year. PHOTO FILE: A Uber logo is seen on a car while driving through Times Square in New York, New York, USA, July 27, 2018. REUTERS …

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Trump’s Fed attack sees dollar dive and stocks struggle

LONDON (Reuters) – Critical comments by US President Donald Trump on the country's central bank held back some actions on Tuesday, while the dollar fell for the fourth consecutive day in the worst period since March. FILE FILE: A US dollar bill is visible in this picture from June 22, 2017. REUTERS / Thomas White / Illustration / Photo file …

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China-US talks, Jackson Hole summit in focus

The interview arrives a few days before the US Federal Reserve meets in Jackson Hole, Wyoming for the annual economic symposium. This year, Fed Chairman Jerome Powell will give a speech on Friday and the summit will focus on the evolution of the market structure and the implications for current monetary policy. The minutes of the last Fed meeting, which …

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22 states and D.C. urge court to vacate and reverse FCC rollback of net neutrality

Twenty-two state attorneys general and District of Columbia have asked a US Court of Appeals to re-establish network neutrality rules that prohibit Internet operators from restricting traffic or offering paid preferential lanes. The group, led by New York attorney general Barbara Underwood, initially filed a lawsuit in January after the FCC had voted in December to back down Obama's policy. …

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Here are the 10 stocks most loved by hedge funds 

David Ryder | Bloomberg | Getty Images Satya Nadella, managing director of Microsoft Corp., smiles during the Microsoft Developers Build Conference in Seattle, Washington, United States, Wednesday, May 10, 2017. Goldman Sachs states that the stocks most owned by the hedge funds they have largely outperformed the market over the last 17 years.

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Oil set for 4th straight gain as investors watch Iranian sanctions

Tuesday's oil futures traded slightly higher, with a fourth gain in line as investors watched US sanctions against Iran for the potential to stop global supplies. West Texas intermediate raw for delivery in September CLV8, + 0.63% on the New York Stock Exchange, which expires at the end of Tuesday's trading, rose 60 cents, or 0.9%, to $ 67.03 to …

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U.S. Stocks Poised to Enter Longest-Ever Bull Market

U.S .. actions are on the verge of overcoming their longest-running rally, ratifying a rebound in the market started in the ashes of the financial crisis and challenging those who questioned its power. Wednesday will mark 3,453 days since the S & P 500 hit its 666 low on March 9, 2009. Since then, the broader US blue-chip index has …

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