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  • Money Basics: What is a commodity?

    Commodities offer investors a way to make money, but the investments come with risk.

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  • Business
    investors.comyesterday

    Stocks Solidly Higher On Yellen Speech; 2 Leaders Hit On Earnings | Stock News & Stock Market Analysis

    The major market indexes moved higher amid several key central bank speeches Friday. Fed Chair Janet Yellen's speech from Jackson Hole began at 10 a.m. ET. The topic of her speech was financial stability and in early comments she argued firmly against rolling back banking reforms implemented after the 2008 financial crisis. Next up is European Central Bank president Mario Draghi. The ECB is expected to unveil its strategy to wind down its bond buying program over the next few months. All three major indexes — the tech-heavy Nasdaq, S&P 500 and Dow Jones industrial average perked up about 0.5% each. XAutoplay: On | Off Among the Dow industrials, Apple (AAPL) traded 0.7% higher in the stock market

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  • The bad news on Amazon’s stock price is only beginning
    Business
    MarketWatch11 hours ago

    The bad news on Amazon’s stock price is only beginning

    CHAPEL HILL, N.C.—Bad news, Amazon investors: The company’s stock, already down 10% from its late-July high, is likely to decline even further. That’s because of the behavior of Wall Street analysts, whose earnings revisions tend to come in waves. And the vast majority of those revisions recently have been to the downside. This represents a big shift from the situation that prevailed as recently as 12 months ago. In August of last year, for example, 69% of Wall Street analysts who track Amazon AMZN, -0.75%   revised upward their estimates of the company’s future earnings per share. Just 17% of analysts issued downward revisions that month. So far this August, in contrast, there have been no upward

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  • Buffalo Wild Wings will air Mayweather-McGregor fight at about half its restaurants
    News
    Minneapolis / St. Paul Business Journalyesterday

    Buffalo Wild Wings will air Mayweather-McGregor fight at about half its restaurants

    Buffalo Wild Wings Inc. sat out Floyd Mayweather's last big boxing match. Not this time. Bloomberg reports that the Golden Valley-based restaurant chain will air Maywather's fight with UFC star Conor McGregor at nearly half of its 1,200 U.S. locations. McGregor and Mayweather square off Saturday, Aug. 26 in Las Vegas. The decision is a reversal from two years ago, when nearly all Buffalo Wild Wings locations skipped out on showing the fight between Floyd Mayweather and Manny Pacquiao. At the time, CEO Sally Smith said the event would be expensive, about $5,100 per restaurant, to put on. But some analysts worried that the chain risked driving away sports viewers, a core group of its customers,

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