Asian Markets Extend Losses After Wall Street Sell-off

Asian stock markets are mostly lower on Tuesday, extending losses from the previous session following the overnight sell-off on Wall Street amid worries about rising U.S.-China trade tensions. China has announced tariffs on about $ 60 billion worth of U.S. goods in retaliation for the U.S. decision to raise tariffs on about $ 200 billion worth of Chinese imports.
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Asian Markets In Negative Territory As Trade Worries Intensify

Asian stock markets are in negative territory on Wednesday and the safe-haven yen strengthened following the weak cues overnight from Wall Street amid worries about escalating U.S.-China trade tensions. U.S. Trade Representative Robert Lighthizer confirmed that the U.S. plans to raise tariffs on $ 200 billion worth of Chinese goods to 25 percent on Friday.
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7-Eleven Taps 18 Markets for New Beer Delivery Service

Why make a beer run, when the beer can run to you?

That seems to be the thinking of convenience store chain 7-Eleven, which is rolling out delivery of beer and cider products in select markets around the country. (Sorry wine drinkers, you’re still gonna have to convince a friend to bring you another bottle.)

All totaled, the company will test the service, which is tied to its 7Now app, in 18 markets– Austin, Texas; Charlotte, NC; Chicago, Ill; Dallas-Ft. Worth, Texas; Los Angeles, Calif; Miami-Ft. Lauderdale, Fla.; New York, N.Y.; Norfolk-Portsmouth, Va.; Orlando-Daytona, Fla.; Phoenix, Ariz.; Portland, Ore.; Sacramento, Calif.; San Antonio, Texas; San Diego, Calif.; San Francisco, Calif.; Seattle-Tacoma, Wash.; St. Louis, Mo.; Tampa, Fla..

The company’s offering a lot more than Bud and Miller Lite, too. Among the beers and drinks available for delivery are Dos Equis, Modelo, Corona, Coors Light, Angry Orchard, Stella Artois, Dogfish Head, New Belgium Fat Tire Amber Ale, Brooklyn Defender, Blue Moon and New Belgium Voodoo Ranger.

7-Eleven is the biggest company to enter the beer delivery marketplace. Several apps, such as Drizly and Saucey, already offer the service, but could face considerable pressure if the chain expands the program to a wider footprint.

Hungry as well as thirsty? The 7Now app also offers chips, dip, pizzas and, perhaps most importantly, Advil.

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Asian Markets Mostly Higher Amid Cautious Trades

Asian stock markets are mostly higher on Tuesday with modest gains following the mixed cues overnight from Wall Street. Investors are cautious as they look ahead to the major corporate earnings results due this week and on concerns that the Chinese government may slow down monetary easing. Meanwhile, the surge in crude oil prices to nearly six-month highs boosted energy stocks.
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Asian Markets Mixed After China Data

Asian stock markets are mixed on Wednesday despite the modest gains overnight on Wall Street and upbeat Chinese economic data that helped ease worries about a global economic slowdown. The National Bureau of Statistics said that China’s gross domestic product or GDP expanded 6.4 percent in the first quarter of 2019 on a yearly basis, beating forecasts for an increase of 6.3 percent.
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Asian Markets Exhibit Mixed Trend

Asian stock markets are mixed on Wednesday despite the positive cues overnight from Wall Street as lingering worries about global economic growth weighed on investment sentiment. Overnight, long-term U.S. government bond yields pulled back off their best levels following the release of some disappointing U.S. economic data.
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Martha Stewart looks to expand brand into new markets

Martha Stewart is putting her fingers in more pies. The domestic diva, once known for signing exclusive deals to sell her home goods at select retailers, is testing out a new strategy to sell a broader range of items — including coffee and marijuana treats — at many more retail outlets, The Post has learned….
Business | New York Post

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Asian Markets In Positive Territory

Asian stock markets are in positive territory on Tuesday following the overnight gains on Wall Street after a report from the Commerce Department showed an unexpected uptick in U.S. retail sales in January. Investor sentiment was also boosted by news that British Prime Minister Theresa May has managed to win legally binding assurances from the European Union in an updated Brexit deal.
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White Couple Markets Water As 40-Ounce Malt Liquor in the Hood

They’re cheap, pack a high-alcohol content, and are often associated with gangsters, low-income communities, and classic hip-hop. Perhaps, that’s part of the reason why Hollywood actor Theo Rossi and his wife, Meghan, thought it would be a good idea to emulate the image of a 40-ounce bottle of malt liquor to sell spring water. They were wrong.

Activists and elected officials in Brooklyn, New York, are calling for the removal of Ounce Water from local stores, arguing that the packaging of the water bottles promotes negative stereotypes about black communities as well as alcoholism. In a tweet, Brooklyn Borough President Eric Adams called the marketing scheme “tone-deaf.”


Protesters say the water bottles are directly linked to the history of cheap liquors like Colt 45, Olde English, and Private Stock, which were marketed to black neighborhoods and glorified through rap music. As a result, this led to alcoholism and “a big part of the demise” of working class communities of color, community member Christine Gilliam told Yahoo.

“In a community that has been ravaged by alcohol and drugs, we are confused as to why someone would create a product that so closely resembles a malt liquor bottle,” wrote Breukelen RISE, an activist group that serves at-risk youth and their families, in a letter to the company, according to The New York Daily News.

As a result of the outrage, Ounce Water was forced to pull some of its products from a supermarket in the Brooklyn neighborhood of Canarsie last week after NYCHA activists complained about its controversial campaign. However, they were replaced with 20-ounce bottles from the same company.

“They called the store and said we were promoting alcoholism by selling water in that bottle,” said Kevin Chang, the manager of the Food World supermarket, to The New York Daily News. “They said they’d come and protest unless we got rid of them. We called the manufacturer. They came and took the 40s and gave us the 20s. To be quite honest, it does look like an Olde English, but it’s plastic. It’s not glass. It’s just water. It says water on the contents.”

malt liquor

(Instagram/GetOunced)

Founded in 2015, a company spokesperson said Ounce Water’s mission is to keep people hydrated.

“Ounce Water is hydration made easy. Ounce Water is 100% pure natural spring water,” reads a company statement. “We are highly involved in community activities for youth and adults which focus on health and wellness, and further the education of the health benefits of proper hydration.”

However, much like the backlash against luxury brands like Gucci and Prada, which have been accused of marketing racist imagery, critics say 40 Ounce Water is blackface in a bottle. “It’s insulting to our intelligence,” Thora Lashley said. “What’s next, candy corn in a crack vial? Juice in a syringe?

malt liquor

(Instagram/GetOunced)

Lashley, who has lived in Brooklyn’s Breukelen Houses for 50 years, says she saw countless friends succumb to alcoholism growing up in the city housing, some as young as 12 years old. Many of them drank 40s in the hallways, on stoops, and in courtyards, she added.

Derek Perkinson, city field director for the National Action Network, agrees with the protesters. “If it’s a health kick, fine. We’re all for that,” he said. “But the presentation of it in a 40-ounce bottle is bad. We reserve the right to protect our children from being targeted. They should be ashamed of themselves.”

The post White Couple Markets Water As 40-Ounce Malt Liquor in the Hood appeared first on Black Enterprise.

Lifestyle | Black Enterprise

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Cramer Remix: The market’s freak-out creates a fabulous buying opportunity in Funko

Jim Cramer breaks down why Funko's stock is a steal at these levels.
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States with the best farmer’s markets in America

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With the success of giant markets like Walmart, smaller distributors have been pushed to the side. Thankfully, in recent years there has been a call to move back to locally produced foods and the farmer’s market has become hugely popular. It brings people together to celebrate locally grown and crafted foods. These are the states across America with the best farmers markets.

Tennessee

There are lots of farms raising their own meats in Tennessee, and the Franklin Farmers Market allows you to come close to the people responsible. Then you can hop on over to the Nashville Farmers Market for a cooked lunch as there are plenty of stalls offering deliciously prepared treats. The food court will ensure that no matter what your food preferences are, your taste buds will be thanking you for going.

California

There had to be great produce grown in California, just look at how much sunshine they get! Pretty much all of the USA’s avocados are grown in Cali, plus there’s a ton of amazing orange groves and plenty of fish coming to shore. If you love food, then get yourself to a farmers market in California. We recommend checking out either Grand Central Market in LA or the Davis Farmers Market which travels the state.

Oregon

More people are looking for foods to come straight from the farm to their tables. The Portland Farmers’ Market in Oregon is one of the most successful farmers’ markets in the U. S. to make that happen. Over 150 farmers come together, and there is a variety of products available for people who wander into the market. There are cuts of alternative meats, from bison to yak, and there are many different foods to try, from chestnuts to crepes or burritos.

Washington

The main reason Washington makes this list is thanks to the city of Seattle, and it’s determination to help small businesses succeed. Pike Place Market has been trading for over 100 years after it was established in 1907. There is fresh produce from over 80 farmers on display here, and the best thing about the market is that it’s open all year. Customers are free to chat with the farmers, and there are plenty of crafty options on show.

Illinois

For many Chicago is one of the best culinary hotspots in the world and the Green City Market is where people go to get the best ingredients. The market runs from May until October, when it relocates due to the bitter cold Chicago winter. Those who are lucky enough to go can enjoy over 50 stalls packed full of freshly made food, and some of the best locally grown fruit and vegetables. There is more to the market than just fresh produce, and there are locally crafted drinks, different types of meat, and freshly baked breads to enjoy.

These are the best states to check out farmers markets in the USA. Don’t worry if you don’t live there as all farmers’ markets are great and should be celebrated, so check out your nearest one as soon as possible!

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The post States with the best farmer’s markets in America appeared first on Worldation.

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Asian Markets Mostly Higher

Asian stock markets are mostly higher on Tuesday despite the absence of any cues from Wall Street which was closed on Monday for a public holiday. Investors remained optimistic about the U.S.-China trade talks set to resume in Washington later in the day, as the world’s two largest economies race to reach a deal by the March 1 deadline.
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Investors may have already missed out on the bulk of the market’s gains this year

Those expecting the stock market to build on the robust start it's seen in 2019 don't have history on their side.
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Asian Markets Mostly Higher

Asian stock markets are mostly higher on Wednesday following the overnight rally on Wall Street amid optimism about U.S.-China trade talks and as the surge in crude oil prices boosted energy stocks. Investor sentiment was boosted after U.S. President Donald Trump said he is open to extending a March 1 deadline to raise tariffs on Chinese products if the U.S. and China are close to a trade deal.
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Asian Markets Exhibit Mixed Trend

Asian stock markets are mixed on Monday in subdued trading as several markets in the region head into the Lunar New Year holidays this week. Investors digested upbeat corporate earnings results and U.S. jobs data as well as data that showed China’s services sector growth moderated in January. The Australian and Japanese markets are higher.
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Asian Markets Mostly Lower

Asian stock markets are mostly lower on Wednesday amid worries about global economic growth and the uncertainty over U.S.-China trade talks. However, some of the markets have pared early losses. Media reports indicating that the Trump administration rejected an offer from China for preparatory talks ahead of next week’s high-level trade negotiations dampened sentiment.
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The market’s win streak is no fluke: A Wall Street bull sees record gains ahead

Yardeni Research's Ed Yardeni sees a secret buy sign in the market.
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Markets rise on hopes of breakthrough in trade talks with China

Wall Street caught a bounce Friday as traders got renewed faith in trade talks between the US and China. Major indices were up more than 1 percent, with the Dow Jones industrial average gaining 336.25 points, or 1.4 percent, to close the day at 24,706.35. Other indices followed suit with the S&P 500 popping 1.3…
Business | New York Post

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Where to find the best Christmas markets in the world

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Technology may have made the world feel like a small place, but when it comes time for the Christmas holiday, many tourists find themselves unsure where they should go. Christmas markets are a legendary and memorable part of holiday travel, but it can be hard to find the best ones.

Well, when it comes to Christmas markets, visiting Europe is simply a no-brainer. The list of good destinations is long, but here are some of the finest places to find the best Christmas markets.

Austria

Whenever Austria is mentioned, we tend to think about it’s capital city, Vienna. In the winter, it’s a magical wonderland, especially from late November to Christmas Eve. The “Vienna magic of advent” boasts of being one the biggest and most popular Christmas markets on the planet. Here, little kids get to explore the fairytale-like workshops, fitted with sparkling tree decorations. And don’t forget the tasty, warm drinks for children and adults!

Getting there doesn’t get any easier than just booking your flight straight to Vienna. The market is usually open from November 17th to December 24th. There are are quite a few fancy hotels around, so you don’t have to worry about safe and comfortable accommodation.

Poland

Poznan Bethlehem is the number one Christmas market in the world. When you visit, you will find yourself transported to a dreamy winter wonderland. Located in the Poznan Freedom Square, it is a sight to see, full of ice and glittering snowflakes. Of course, don’t forget to check out the ice sculpture festival – it just doesn’t happen anywhere else in Europe like it does here. People come from almost all corners of the world to carve massive ice blocks, turning them into sublime pieces of art that leave you in awe.

You also get to treat yourself to the traditional Polish cuisine, and you can even choose to embark on a private food tour.

The opening dates are from November 17th to December 21st. The two major airports nearby are Bydgoszcz and Wroclaw. The best and most affordable accommodations are located at the heart of Poznan, just about 200 meters from the Old Market Square.

Germany

Germany is definitely the first place you think of when discussing European Christmas markets. Aachen is the place to be during that special time of the year. The atmosphere is so glorious that it has made the Aachen Christmas Market world famous. The streets and squares are transformed into a wonderland full of bright colors, lights, and festive fragrances.

Everyone is always in a friendly mood, and people from all over the world come to mingle and interact with each other like no other time. The market normally opens from the November 23rd to the December 23rd. You can book your flight and land at the nearest airports in Cologne or Brussels.

It’s always a great feeling when you get to spend the holidays traveling and enjoying the sights with your loved ones. Visiting the beautiful and unique Christmas markets mentioned here can make for an experience that you will remember for a lifetime.

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The post Where to find the best Christmas markets in the world appeared first on Worldation.

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Asian Markets Mixed Amid Cautious Trade

Asian stock markets are mixed on Tuesday with investors treading cautiously as they awaited the outcome of the high-level U.S.-China trade talks currently underway in Beijing. The U.S. and China will resume their second day of negotiations on trade today. Deputy U.S. Trade Representative Jeffrey Gerrish is leading the U.S. team at the two-day meeting.
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Asian Markets Lower On First Trading Day Of 2019

Asian stock markets are in negative territory on Wednesday, the first trading day of 2019, in the absence of fresh cues overnight from Wall Street, which was closed for the New Year’s Day holiday. Worries about global economic growth dampened investor sentiment after results of a private survey showed that China’s manufacturing activity in December contracted for the first time in 19 months.
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Humans, Machines and Markets: Stocks Going Crazy Is Nothing New

The 2018 casualty list is long. Hedge funds. Trillion-dollar price tags on Apple and Amazon. Trading records everywhere. Not even Christmas was spared the wrath of cascading stocks. It feels unprecedented, Armageddon, or maybe the robot apocalypse. It isn’t.

While any 20 percent sell-off hurts, the one happening now is far from unprecedented in terms of depth or velocity. Over the past 100 years, there are almost too many examples to count of stocks tumbling with comparable force.

“It’s an inevitable process,” Marshall Front, founder of Front Barnett Advisers, who began on Wall Street in 1963. “It goes on over and over again.”

Investors have time to reflect on history, now that stocks have avoided a fourth straight down week via the biggest one-day rally since 2009. After coming within a few points of a bear market on Wednesday, the damage in the S&P 500 stands at 15 percent since Sept. 20.

“This is very normal. It unnerves people because we’re all talking about it all the time,” said Nancy Tengler, chief investment strategist at Tengler Wealth Management. “It’s in our face more. We have too much focus on the day-to-day or minute-by-minute or second-by-second movements. Historically, is this normal? Yes.”

A fair amount of complaining has gone on in recent months about the role of high-frequency traders and quantitative funds in the drubbing that reached its peak around Christmas. Perhaps. Those groups are big, and in the search for villains, they make easy targets. Treasury Secretary Steven Mnuchin is among the people who have made the connection.

One thing that makes it tough to lay blame for the meltdown on machine-based traders is the many times markets fell just as hard, long before they existed. The Crash of 1929 is one big example. However bad this market is, it’s a walk in the park compared with then.

“The largest percentage changes, except for 1987, were in the ’20s and ’30s,” said Donald Selkin, chief market strategist at Newbridge Securities Corp. “You had dramatic moves then and you didn’t have electronic trading then.”

Dotcom Bust

The dot-com bubble that had been developing since the late 1990s popped in March 2000, when the S&P 500 lost 35 percent over the course of two months. It took the Nasdaq Composite Index, which peaked at 5,040.62 on March 10, about 15 years to get to its old high.

Black Monday of 1987

The S&P 500 rose 36 percent between January and August 1987 in what was set to be the best year in almost three decades. Then the October sell-off pushed the S&P into a 31 percent correction in a matter of 15 days, much of it occurring on that infamous day.

1974 Sell-Off

The worst year since 1937 for the S&P 500 saw the index fall 33 percent in 115 days as a weakening economy, rising unemployment and spiking inflation pushed investors to head for the exits. Stocks subsequently rebounded, surging more than 50 percent between October 1974 and July 1975.

1962 Rout

Investors of a certain age may recall 1962, when the S&P 500 Index lost a quarter of its value between March and June 1962. The rout known as the Kennedy Slide came after the S&P 500 advanced 79 percent in the prior four years. The S&P 500 was essentially flat over the next two decades.

Not So Fat ’57

A dive in car sales and slowing housing construction pushed stocks into a 20 percent correction in a matter of 99 days in 1957. This preceded a recession that saw the U.S. gross domestic product contract 10 percent in a matter of three months in 1958.

Fortune

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Real Estate Experts Say to Watch These 15 Markets in 2019

Let’s call 2019 the Year of Transition. While experts hesitate to call it a buyer’s market, parts of the country are heading in that direction. We’ve crunched data from industry insiders, including Zillow, Realtor.com, and Trulia, to find out which cities offer the best deals for home buyers.
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Trump’s frustration with Mnuchin rising after failed attempt to calm markets, source says

President Donald Trump’s frustration with Treasury Secretary Steven Mnuchin is ratcheting up further after markets suffered their worst Christmas Eve drop ever despite Mnuchin’s attempts to calm Wall Street, according to a source close to the White House.


CNN.com – RSS Channel – Politics

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Asian Markets Advance On U.S.-China Trade Optimism

Asian stock markets are in positive territory on Wednesday despite the mixed cues from Wall Street amid optimism about U.S.-China trade relations. News that China plans to cut tariffs on U.S.-made cars to 15 percent and that a Canadian court has granted bail to Chinese telecom giant Huawei’s CFO Meng Wanzhou boosted investor sentiment.
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The global turmoil Trump fueled is poised to haunt him as markets fluctuate

US President Donald Trump unleashed a wave of global disruption on the way to the White House in 2016 — and now there are signs the anti-elite tide he surfed to the presidency could come back to hurt him.


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India is about to get its 3rd central bank governor in 3 years. Markets are concerned

The number of top-level departures may raise concerns about Modi's four and a half year-old government.
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The Briefing Room: Celebrating H.W. Bush, US Markets and China tariffs, Mueller investigation

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Asian Markets Mostly Higher Ahead Of U.S. Midterm Elections

Asian stock markets are mostly higher on Tuesday following the mostly positive cues from Wall Street. Nevertheless, investors are cautious as they look ahead to the U.S. midterm elections to be held later in the day, which will decide control of both the House and Senate. Democrats are seen as having a much better chance to claim a majority in the House than in the Senate.
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Oil suffers its worst monthly drop in more than two years during ugly October for markets

Crude futures started October at nearly four-year highs, bolstered by looming U.S. sanctions on Iran, but oil prices posted their biggest monthly drop since July 2016.
Energy

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Asian Markets In Positive Territory

Asian stock markets are higher on Wednesday, the last trading day of a brutal October, following the overnight gains on Wall Street in a late-stage rally. However, gains are modest in most markets as investors digested a raft of economic data and corporate earnings results. The Chinese market is higher despite the release of weaker than expected China manufacturing PMI data for October.
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Asian Markets Mostly Higher With Modest Gains

Asian stock markets are mostly higher on Tuesday with markets attempting a rebound after recording losses in the previous session, despite the weak cues overnight from Wall Street. Nevertheless, gains are modest in most markets amid worries about higher oil prices following rising tensions between Saudi Arabia and the West over the disappearance of prominent Saudi journalist Jamal Khashoggi.
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Asian Markets Mostly Lower In Cautious Trade

Asian stock markets are mostly lower on Wednesday with investors treading cautiously following the mixed cues from Wall Street amid lingering worries about the impact of rising interest rates and U.S.-China tensions. Investors also digested U.S. President Donald Trump’s comments that he did not like the Federal Reserve’s decision to continue raising interest rates.
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Asian Markets Mixed; Nikkei Rises

Asian stock markets are mixed on Monday following the lackluster cues from Wall Street Friday and as investors digested mixed regional economic data, including data showing a slowdown in China’s manufacturing sector in September. Investors also digested media reports that the U.S. and Canada have reached an agreement on a framework North American Free Trade Agreement deal.
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