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UPDATE 1-Germany to hike electric car subsidies as VW launches car

November 4, 2019 admin Comments Off on UPDATE 1-Germany to hike electric car subsidies as VW launches car

Germany plans to increase by half the grants available to buyers of electric cars over the five years from 2020, according to a government document seen by Reuters, the latest in a series of measures to speed the adoption of low-emissions vehicles. According to the document, due to be discussed at a meeting of high-level government and car-company officials on Monday evening, grants for plug-in hybrids will rise from 3,000 to 4,500 euros. …read more […]

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61% of consumers are willing to add on more credit card debt this holiday season: poll

November 4, 2019 admin Comments Off on 61% of consumers are willing to add on more credit card debt this holiday season: poll

The latest CreditCards.com poll found that 61% of credit card holders will add to their existing debt this holiday season. CreditCards.com’s Industry Analyst Ted Rossman joins Yahoo Finance’s Brian Sozzi and Alexis Christoforous to break down the survey, on The First Trade. …read more […]

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Market Morning: Warren’s $52T Plan, British Fracking Ban, Xi to Iowa, Boeing Cracked Pickle Forks

November 4, 2019 admin Comments Off on Market Morning: Warren’s $52T Plan, British Fracking Ban, Xi to Iowa, Boeing Cracked Pickle Forks

Elizabeth Warren Proposes $52 trillion Health Care Plan Democrat presidential candidate Elizabeth Warren is proposing bringing spending into the next level of scientific notation with her spending plans, while at the same time insisting that it won’t affect the middle class at all. Her healthcare plan would cost about $52 trillion, give or take a […]The post Market Morning: Warren’s $52T Plan, British Fracking Ban, Xi to Iowa, Boeing Cracked Pickle Forks appeared first on Market Exclusive. …read more […]

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US STOCKS-Wall St indexes to open at record highs on U.S-China trade optimism

November 4, 2019 admin Comments Off on US STOCKS-Wall St indexes to open at record highs on U.S-China trade optimism

Wall Street’s three main indexes were set to open at record highs on Monday, buoyed by hopes of a U.S.-China trade deal and an improving domestic economy. Washington and Beijing said on Friday they had made progress in defusing an economically damaging trade war, with U.S. officials indicating that a deal could be signed this month. Adding to the optimism, Commerce Secretary Wilbur Ross said on Sunday licenses for U.S. companies to sell components to China’s Huawei Technologies Co would come “very shortly” and that there was no reason a trade deal could not be on track to …read more […]

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Citigroup to launch digital savings account for American Airlines cardholders – CNBC

November 4, 2019 admin Comments Off on Citigroup to launch digital savings account for American Airlines cardholders – CNBC

Citigroup Inc is planning to offer a high-interest online savings account early next year to users of its American Airlines co-branded credit card, CNBC reported on Monday, citing people familiar with the matter. The new digital service will be named the Citi Miles Ahead savings account and will only be available in areas where the bank does not have physical branches, according to the report. Citigroup and American Airlines were not immediately available for comment. …read more […]

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Sprint postpaid subscriber loss lower than expected

November 4, 2019 admin Comments Off on Sprint postpaid subscriber loss lower than expected

Analysts were expecting a net loss of 145,000 subscribers, according to research firm FactSet. Sprint, the fourth largest wireless carrier by subscribers, has been aggressive in its 5G push, offering the faster mobile technology in nine cities and bundling it with media content like Hulu and Amazom.com Inc’s Prime. Net loss attributable to the company was $274 million, or 7 cents per share, in the quarter ended Sept. 30, compared with a net income of $196 million, or 5 cents per share, a year earlier. …read more […]