Energy stocks are riding crude oil’s rally. Now, a major energy ETF just needs to break its stubborn resistance level, according to one chart watcher. “The key level to watch is the $78 level on the XLE,” Matt Maley, equity strategist at MillerTabak, told CNBC’s “Trading Nation” on Thursday. “That’s the level that’s stopped rallies
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The sustainability practice of a large European asset management firm is banning investments in Facebook shares. Nordea’s head of group sustainable finance Sasja Beslik explained the decision on social media Thursday. “Nordea has decided to exclude Facebook from the Nordea Stars Funds’ investments,” he said in a tweet. The company’s Stars Funds invest in firms
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An interview with Private Equity titan, entrepreneur and founder of Vista Equity Partners, Robert F. Smith. In this interview, Robert discusses his life and career in engineering and finance. Robert also talks about what makes his investment strategy different and philanthropy. Like if you enjoyed Subscribe for more:http://bit.ly/InvestorsArchive Follow us on twitter:http://bit.ly/TwitterIA Other great Private
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Photographer: Andrew Harrer/Bloomberg In SOUTH DAKOTA v. WAYFAIR, INC., ET AL., the Supreme Court ruled today that states can force online businesses to pay sales taxes whether or not they have “nexus,” which, roughly speaking, means having a physical presence in the state. I have a small online business, www.economicsecurityplanning.com, which sells personal financial planning
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A rule that would require that all financial advisors to act in their clients’ best interests with regard to their retirement accounts has been killed. The U.S. Fifth Circuit Court of Appeals confirmed on Thursday its decision to vacate the Department of Labor’s so-called fiduciary rule. The decision comes after a complete implementation of the
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Square has a large untapped opportunity to offer more services to the restaurant industry, according to one Wall Street firm. Nomura Instinet reiterated its buy rating for Square shares, predicting the payment company’s new offering called “Square for Restaurants” will thrive. “The launch of Square for Restaurants marks Square’s entry into the $650-700bn U.S. restaurant
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Young people today have weathered the Great Recession, the birth of the smartphone and the aftereffects of globalization. And their attitudes toward work reflect those experiences, according to new research by the National Society of High School Scholars, an international academic honor association. Some 16,000 high-achieving college and high school students were interviewed this spring.
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