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China's local stock market has fallen for four consecutive weeks. Investors are spooked.   And for good reason…   China has been cracking down on speculation and financial leverage. And that has caused turbulence in the market. As Bloomberg reported over the weekend…   The [Chinese government's] tightening campaign has erased at least $453 billion....More>>>

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DOL Looking for Reason to Delay Full Fiduciary Compliance Date: Lawyer

IRS Posts Affordable Care Act Tax Data

IRS Posts Affordable Care Act Tax Data

(Bloomberg) — Outcome Health, a Chicago-based health care technology company, said it had raised $500 million in its first round of funding, valuing the company at more than $5 billion.

(Related: Health Care’s....More>>>

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Local smartphone brands Oppo and Vivo have taken the Chinese smartphone market by storm in the past few years. During 2016, both brands — subsidiaries of BBK Electronics — surpassed Apple’s (NASDAQ:AAPL) iPhone in terms of unit sales in China.

Last week, Oppo and Vivo founder Duan Yongping talked about how Oppo and Vivo took the China sales crown from Apple. “Apple....More>>>

Top 10 Warren Buffett Stocks For 2017

The Federal Reserve raised its target of the federal-funds rate, the interest rate banks charge each other for overnight loans, by a quarter point to a range of 0.75% to 1%, and thats great news for Warren Buffetts Berkshire Hathaway (BRK.B) and its shareholders. As a bondholder, owner of insurance companies and an investor in big banks, Berkshire profits from rising interest rates in a number....More>>>

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Poor Ethereum. As if it didn’t have enough troubles already. Earlier this year, it hard forked to rescue the DAO, only to suffer the ignominy of seeing miners continue to mine the old chain in defiance of clear and explicit guidance from Ethereum developers. But at least that was an intentional fork, though admittedly controversial. Now, it has forked again – unintentionally.

The....More>>>