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As Robert Mueller looks ever more closely at President Donald Trump‘s foreign business ties, one former associate has remained outside the spotlight despite playing a key role in Trump’s quest for real estate deals in former Soviet lands. Architect John Fotiadis designed some of Trump’s most ambitious luxury developments there. A master of glass-encased towers
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Don’t expect robo-advisors to fully replace their human counterparts anytime soon. Robo-advisors give retail investors access to automated investment strategies, creating portfolios and coming up with an asset allocation that’s based on client data points, including time horizon and risk tolerance. As convenient as it may be, this technology doesn’t make human financial advisors obsolete,
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When considering target-date funds, it’s important to be aware of the benefits and drawbacks — as well as whether you are the kind of person who should be investing in them. While some people love these so-called set-it-and-forget-it funds, others dislike them because of the completely hands-off approach to investing they offer. A variety of
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GameStop on Thursday reported first-quarter same-store sales that missed analysts’ estimates due to a drop in sales of video game hardware and software at its outlets. Shares of the world’s largest video game retailer fell 4 percent to $12.65 in extended trading. GameStop said its comparable store sales fell 5.3 percent in the latest quarter
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Warehouse club operator Costco Wholesale reported third-quarter results that topped analysts’ estimates, but price cuts and higher freight costs weighed on its gross margins, sending its shares lower in extended trading. The retailer has aggressively cut prices in order to lure back customers to its wholesale supermarkets, following Amazon.com’s foray into brick-and-mortar retail with the
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A number of rare Winnie the Pooh sketches by British illustrator E.H. Shepard are on display and going up for auction at Sotheby’s in London. The sketches were featured in A.A. Milne’s famed series of children’s books chronicling the adventures of Winnie the Pooh and have not been seen in more than half a century.
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Discount store operator Dollar Tree on Thursday reported first-quarter same-store sales that missed analysts’ estimates as performance at its namesake and Family Dollar banner lagged due to colder-than-normal spring weather. Sales at established stores open for more than a year rose 1.4 percent, lower than the average analysts’ estimate of 2.19 percent, according to Thomson
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Box investors came into Wednesday’s quarterly report with high expectations after the stock’s 32 percent rally this year. Even though the company’s fiscal first-quarter results topped estimates, the shares dropped as much as 10 percent Thursday morning. Here are the key numbers from the report: Earnings: Excluding certain items, loss of 7 cents per share
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