Distractions from Election Day mania are expected to be so extreme, it may cost the American economy billions of dollars per hour.
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Most advisors agree that elections have little impact on markets, but that’s not stopping investors from bracing their portfolios.
On Friday, Beijing announced that a trade-in program that previously applied to big appliances and cars will now be widened to smartphones.
As the New Year rolls in, Wall Street is preparing for a slew of listing announcements from private equity-backed firms.
It’s understandable if you failed to notice one meaty if unglamorous trend on Wall Street: Private equity’s love affair with franchising.