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Water Pepsi Getty PepsiCo, Inc. is beating the Coca-Cola Company on Wall Street. PepsiCo’s shares have gained 19.45% for the last twelve months and 49.20% for the last five years, compared to 15.75% and 22.13% for Coca-Cola. But both companies have underperformed the overall market—see table 1. Table 1 Pepsi’s Shares Outperform Coke’s On Wall
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An earnings season that delivers will play an integral role in whether the market can maintain all-time highs, according to Crossmark Global Investments’ Victoria Fernandez. The chief market strategist believes Wall Street is completely discounting second earnings expectations right now, and that leaves little room for disappointments when the season kicks off this Monday. “Earnings
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For identity thieves, kids are the perfect mark. While adults make prime targets for their account balances, a child’s information, particularly their Social Security number, has even more value to scammers because it is a “clean slate” for opening new lines of credit before someone catches on, according to the Identity Theft Resource Center. More
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Longtime market bull Edward Yardeni suggests President Donald Trump is manipulating the Federal Reserve into cutting interest rates. In a recent research note, he wrote that Fed Chairman Jerome Powell is essentially getting “Trumped.” Yardeni contends the president is creating a contentious situation for the Fed by creating uneasiness around U.S. trade policy. According to
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Share to facebook Share to twitter Share to linkedin Alimony is no longer tax deductible for new divorces.  iStock Balancing family dynamics when going through a divorce is never easy. New laws have added an additional layer of complexity.   Before 2019 the alimony deduction had been a key divorce planning strategy for over 70 years. The payor
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Geoffrey Berman, United States Attorney for the Southern District of New York, points to a photograph of Jeffrey Epstein as he announces the financier’s charges of sex trafficking of minors and conspiracy to commit sex trafficking of minors, in New York, U.S., July 8, 2019. Shannon Stapleton | Reuters Wealthy financier and accused child sex
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