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The Federal Reserve's expected interest rate cuts appears to have impacted J.P. Morgan's forecast for 2019 net interest income.Financeread more
Credit card sales volume rose 11% this quarter and merchant processing volume increased 12%, the bank says in its earnings statement.Banksread more
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KeyCorp said in an 8-K filing the fraud involves a "business customer" and was discovered "on or about" July 9.Banksread more
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Domino's Pizza stock fell Tuesday after reporting disappointing sales, despite beating Wall Street's earnings estimates.Restaurantsread more
U.S. retail sales increased more than expected in June, pointing to strong consumer spending.Economyread more
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Johnson & Johnson's profit jumped 42% in the second quarter, with all three of the sprawling health-care company's businesses performing better than Wall Street expected.Health and Scienceread more
Facebook is all about connecting people—and that includes the 2016 presidential candidates, the chief investment officer of Tigress Asset Management said Thursday.
"I think the most interesting thing about the upcoming presidential election—that will be won by the candidate with the best Facebook strategy," Ivan Feinseth told CNBC's "Squawk Box."
Feinseth made the comment a day after Facebook reported quarterly revenue that missed Street estimates, but showed its monthly user base grew 13 percent year over year to 1.44 billion in March. While he could not say how much the candidates would spend on their social media campaigns, he said the degree to which they are engaged with voters on Facebook will be crucial.