Morgan Stanley Wealth Exits Junk Bonds, Warns on Recession Risk

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Morgan Stanley Wealth Exits Junk Bonds, Warns on Recession Risk

The MSCI All-Country World index has advanced 1.6 percent so far this week while the Bloomberg Barclays Global High Yield index rose 0.4 percent. Both gauges are trading at a record high. As the cyclical peak approaches, investors should prepare for at least one correction in global stocks this year,
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Magnitude 4.5 Earthquake Rocks San Francisco Bay Area

San Francisco (AP) — A preliminary magnitude 4.5 earthquake shook San Francisco Bay Area residents out of their slumber early Thursday. The U.S. Geological Survey says the quake's epicenter was 2 miles (3 kilometers) from Berkeley, California. The earthquake had a preliminary depth of 8 miles (13
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PDC Energy (PDCE) Names R. Scott Meyers as CFO

PDC Energy, Inc. (“PDC” or the “Company”) (Nasdaq: PDCE) today announced that it has appointed R. Scott Meyers, the Company's current Chief Accounting Officer, to the position of Chief Financial Officer, effective immediately. Mr. Meyers will be responsible for financial and treasury functions, as well
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Man to sue airline over ban for touching flight attendant

A California man banned from Alaska Airlines after touching a flight attendant said he was the victim of “reverse discrimination” and threatened to take legal action against the airline.
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Tories Don't Want Second Brexit Vote, But Everyone Else Does

The overwhelming majority of members of Prime Minister Theresa May's Conservative Party don't want there to be a second referendum on Britain's EU membership, according to a survey published Thursday. For the other main U.K. parties, the opposite is true. Just 14 percent of Conservatives favor
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