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Shares of Square Inc. soared Tuesday after an analyst said that the company is doing for the payments sector what Facebook Inc., Amazon.com Inc., Netflix Inc., and Alphabet Inc. did for the technology industry. “Similar to FANG stocks that have disrupted traditional markets with massive global total...

LONDON (Reuters) – Hedge funds are betting big against sterling, the most since May last year. And following last week’s Brexit debacle in Salzburg, that bet will probably be even bigger now, closing in on the largest on record. FILE PHOTO: Pound notes and coins are seen inside a cash register in a bar in Manchester, Britain September 6, 2017. REUTERS/Phil...

CHICAGO (Reuters) – The U.S. Internal Revenue Service hoisted a big red-flag warning to retirees earlier this month: take a look at how much income tax you are paying throughout 2018, because the amount could need an adjustment in the wake of the new federal tax law. FILE PHOTO: A sheet of United States one dollar bills is seen on a light table during production...

Dear Moneyist, I wrote to you some time ago about my uncle who is suffering...

TORONTO (Reuters) – Long-time gold bull John Paulson followed through on Friday on a pledge made last year to team up with other gold investors in an effort to work with management of companies in the gold sector to improve returns, according to the group, called the Shareholders Gold Council. FILE PHOTO – Hedge Fund manager John Paulson attends the...

CNN Anthony Bourdain in Kenya in a screen capture from the trailer for...

BENGALURU (Reuters) – Short-dated U.S. Treasury yields will rise above longer maturities — a reliable forecaster of recessions — within two years and possibly in the next year, according to market experts polled by Reuters. FILE PHOTO: The Federal Reserve building is pictured in Washington, DC, U.S., August 22, 2018. REUTERS/Chris Wattie/File Photo At...

The Dow Jones Industrial Average just marked its first intraday all-time high since January, the resumption of a record run for the blue-chip index that...

NEW YORK (Reuters) – Jeffrey Gundlach, chief executive officer of DoubleLine Capital, on Wednesday said bond prices across the U.S. Treasury yield curve could fall if the 30-year yield closes above 3.25 percent twice in a row. FILE PHOTO: Jeffrey Gundlach, CEO of DoubleLine Capital LP, presents during the 2018 Sohn Investment Conference in New York City,...