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Here's how to financially prepare your family for the worst-case scenario

You've been building up your emergency fund, painstakingly paying off debt and even putting away a few dollars for your child's education. The next step is to protect it all with life insurance. Where to get started.

5 years ago

Factbox: Huawei's involvement in other countries' telecoms networks

Prime Minister Boris Johnson granted Huawei [HWT.UL] a limited role in Britain's 5G mobile network on Tuesday, defying U.S. pressure to exclude the Chinese company from next-generation communications over fears Beijing could use them to spy.



5 years ago

Wall Street rebounds as tech, financials surge

U.S. stocks rose on Tuesday as gains in technology and financial sectors helped major indexes recover from their worst selloff in about four months on worries over a coronavirus outbreak and its impact on the global economy.



5 years ago

Stocks rebound in broad rally, safe-haven assets lose luster

Global equity markets rebounded in a broad rally on Tuesday and some safe-haven assets lost a bit of their appeal as investors took a less pessimistic view of the potential economic fallout from China's coronavirus outbreak.



5 years ago

U.S. business investment weak; consumer confidence at five-month high

New orders for key U.S.-made capital goods dropped by the most in eight months in December and shipments were weak, suggesting business investment contracted further in the fourth quarter and remained a drag on economic growth.



5 years ago

Countdown to recession: What an inverted yield curve means

NEW YORK - A dramatic rally in Treasuries this week led some key parts of the U.S. yield curve to reinvert, a signal that has traditionally been bearish for the U.S. economy.



5 years ago

Freeport CEO 'looking forward' to deals once expansion projects done

Freeport-McMoran Inc , the world's largest publicly traded copper producer, would consider acquisitions, mergers or other deals once three ongoing expansion projects finish by 2022, Chief Executive Richard Adkerson said in an interview on Tuesday.



5 years ago

United Airlines suspends some U.S. flights to China as demand drops over virus fears

United Airlines Holdings Inc said on Tuesday it was suspending some flights between the United States and Beijing, Hong Kong and Shanghai between Feb. 1 and Feb. 8 due to a "significant decline in demand" as the new coronavirus spreads.



5 years ago

Trump, Britain's Johnson discussed 'telecommunications' after Huawei decision: White House

U.S. President Donald Trump and Britain's Prime Minister Boris Johnson "discussed critical regional and bilateral issues, including telecommunications security" in a conversation on Tuesday, White House spokesman Judd Deere said in a statement.



5 years ago

Centerview lures top French dealmakers to its new Paris hub: sources

U.S. boutique investment bank Centerview has found an office in the heart of Paris and is hiring senior bankers to establish a second European hub as Brexit looms, three sources told Reuters.



5 years ago

Wall Street rebounds as Apple surges ahead of earnings

The S&P 500 rose over 1% on Tuesday as a surge in Apple and other technology stocks helped the benchmark index recover from its worst selloff in about four months that was sparked by concerns over the coronavirus outbreak.



5 years ago

UK's Johnson tells Trump on Huawei that collaboration is needed to diversify market

Prime Minister Boris Johnson told President Trump on Tuesday that countries should work together to break the dominance of a small number of companies after Britain granted Chinese firm Huawei [HWT.UL] a limited role in its 5G mobile network.



5 years ago

Renault turns to VW's De Meo as carmaker seeks fresh start

Renault's Tuesday named Luca de Meo, the former head of Volkswagen's Seat brand, as its next chief executive, as the carmaker looks to draw a line under a year of turmoil by finalizing a long-awaited management shake-up.



5 years ago

Pfizer profit misses estimates, revenue declines as Lyrica sales tumble

Pfizer Inc on Tuesday reported lower-than-expected quarterly profit and a decline in revenue as sales of its off-patent pain treatment Lyrica more than halved, sending its shares down more than 3%.



5 years ago

Huawei snatched market share from Apple, local rivals in China in 2019

Top Chinese smartphone maker Huawei Technologies Co Ltd thrived in 2019 at the expense of smaller Chinese rivals and Apple even as the smartphone market shrank further and consumers favored phones with 5G technology, data shows.



5 years ago