News 

U.S. adds 260,000 jobs in November, unemployment dips to 3.5%

“The increase in new jobs easily topped the 180,000 MarketWatch forecast, helped by the end of the GM auto-workers strike” writes Jeffry Bartash for marketwatch.com. The government revised the increase in new jobs in October to 156,000 from 128,000.The 12-month rate of hourly wage gains slipped to 3.1% from 3.2%. September’s gain was raised to 193,000 from 180,000. Source: marketwatch.com

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News Oil 

Fox News can help you balance your portfolio, says T. Rowe Price investment manager

“While the media group has some exposure to the economy, it would probably weather any storm, he says. (Note: Fox Corp. and MarketWatch parent News Corp” writes Markets Reporter for marketwatch.com. Investors are juggling lots of worries — trade tussles, recession threats, both for the economy and earnings, as well a looming U.S. presidential election.Results rolled out from Goldman and others Tuesday, as earnings season arrives just in time to distract us from the trade-talk merry-go-round. Source: marketwatch.com

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News Stocks 

Suddenly — four years later — Chipotle’s stock has completed its comeback: CEO tells MarketWatch how his company got the job done

“Wall Street downgraded the stock as analysts fretted that the company would be unable to win back lost customers” writes Tonya Garcia for marketwatch.com. This Aug. 29, the stock set a fresh all-time closing high of $843.64, topping a record set two days prior.The analysts added Chipotle to their “conviction list,” rating the stock a buy with a $1,000 price target.Well, not quite “nothing.” Chipotle turned its focus to food safety in the months after the illness outbreaks were reported. Source: marketwatch.com

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News Stocks 

Stocks end lower after failed Trump-Kim summit, but benchmarks log strong February gains

“However, market participants highlighted the economic reports highlight expansion that is tapering from heady levels of a 4.2% growth rate in the second quarter of 2018” writes Markets Reporter for marketwatch.com. U.S. stocks finished lower Thursday after a sudden breakdown in denuclearization talks with North Korea weighed on sentiment, even though main indexes posted strong gains in February.The Commerce Department’s estimate of fourth-quarter GDP growth showed the U.S. economy growing at a rate of 2.6%, well above consensus expectations of 1.9%, per a MarketWatch poll of economists.LB, -4.60% shares declined…

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News 

The secret to scoring dates online may be mentioning this topic

“Sunday is likely to be the busiest day of the year for online daters, according to multiple online dating sites” writes Catey Hill for marketwatch.com. Not to mention that many of us pay for our online dating memberships.Not only are Sundays the most popular day for online dating, but this Sunday in particular is one when people begin to commit to their resolutions to find love in 2019. Source: marketwatch.com

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Markets News Stocks 

Here’s just how crazy this week was for the stock market, in one big chart

“The week finished Friday with an indecisive whimper, as stocks flipped back and forth between gains and losses all day long” writes Senior Editor for marketwatch.com. On Monday, the Dow Jones Industrial DJIA, -0.33% , the S&P 500 SPX, -0.12% and the Nasdaq Composite COMP, +0.08% all booked their ugliest-ever plunges in the shortened Christmas Eve trading session.But the ups and downs during a usually calm period are no doubt stoking investor anxiety about what’s to come.The week’s sharp moves were attributed mostly to light holiday trading volume and computer-driven…

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News 

Q3 GDP Revised Lower To 3.4%…

“WASHINGTON (MarketWatch) – The U.S. economy grew at an annual 3.4% pace in the third quarter instead of 3.5%, revised government data show” writes Senior Economics Reporter for marketwatch.com. Slightly weaker consumer spending mostly accounted for the downward revision, the Commerce Department said.Consumer spending, the main engine of U.S. growth, rose 3.5% vs. an earlier 3.6% estimate.The data confirm there were large but offsetting swings in inventories, which added 2.3 percentage points to growth, and the trade balance, which subtracted 2 percentage points.This was offset partly by higher inventory growth…

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Crypto Markets News Stocks 

Weekend roundup: ‘Worthless’ bitcoin | ‘Tariff Man’ | Simple advice from Warren Buffett

“Check out our Personal Finance Daily or other newsletters, and get the latest news, personal finance and investing advice” writes Investing Columnist for marketwatch.com. Even more negative is when short-term rates are higher than long-term rates, known as an inverted yield curve.The value of bitcoin BTCUSD, -9.94%  has plummeted 74% this year, to $3,587.50 as of Thursday.A narrowing gap between short-term and long-term Treasury yields typically indicates a lack of confidence in the economy, at least among bond investors. Source: marketwatch.com

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News 

Democrats may resist Maxine Waters’s bid to investigate Trump | Koch groups say Congress shouldn’t renew expired tax breaks

“Koch groups on tax breaks: The Hill reports groups backed by wealthy Republican donor Charles Koch are urging Congress not to renew expired tax breaks, as lawmakers may consider reviving some or all of them during the lame-duck session” writes Robert Schroeder for marketwatch.com. More than two dozen tax provisions, known as “tax extenders,” expired at the end of 2017, including tax breaks that benefit the renewable energy, motorsports, and horse racing industries.Congress often passes one- or two-year extensions of tax extenders during the final weeks of a year. Source: marketwatch.com

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News 

Trump involved in payouts to women, potentially violated campaign laws, Wall Street Journal reports

“WASHINGTON (MarketWatch) — Donald Trump played an active role in arranging hush-money deals with a model and an adult-film star ahead of the 2016 presidential election and may have violated campaign-finance laws, according to the Wall Street Journal” reports marketwatch.com. The president has repeatedly denied involvement in deals arranged to keep the women silent, but the Journal said he was kept abreast nearly ever step of the way. Source: marketwatch.com

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