Concerns over rising interest rates and expected further rate increases have hit several stocks hard since the end of the third quarter.
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Unemployment is abnormally low. Growth has sped up. A $1.5 trillion tax cut, signed by President Trump last year, is fueling consumer spending.
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The FBI has concluded that an airline employee who stole an empty passenger plane from Seattle-Tacoma International Airport in early August and performed dangerous maneuvers in the sky before slamming into a nearby island and was killed acted alone
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New York Times Co (NYSE:NYT) saw unusually large options trading on Wednesday. Traders purchased 9,959 put options on the stock. This represents an increase of 15,708% compared to the typical volume of 63 put options.
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Gaining for a wide range of its businesses, Walt Disney revenues climbed 12% to $14.3 billion in its most recent quarter — and digital gains continued to rise for its closely watched ESPN brand.
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