What the End of Hong Kong’s Easy Money Era Means for Home Prices

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Apple says Trump’s proposed China tariffs will raise prices

Apple, in a letter filed to the United States Trade Representative, predicted that tariffs proposed by President Trump on Chinese goods will boost the prices of many of its products and could ultimately hurt the economy, Bloomberg reports. The state of play: Apple’s shares dropped by .8% after news of the letter broke. With $50…

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A No-Deal Brexit Could Mean Higher Prices, More Red Tape and Less Sperm

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Medicare inches forward on drug prices

The Trump administration is making another incremental move toward lower drug prices, opening up a new part of Medicare to well-established competitive pressures. The big picture: “Step therapy” allows insurance companies and pharmacy benefit managers (PBMs) to set up a system under which patients have to start with a cheaper drug first, switching to a…

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Global Heat Wave Toasts Wheat and Prices Soar

Global wheat prices have soared to multiyear highs as a heat wave sweeping across Europe and Asia slashes forecasts for this year’s harvest. The price rise could potentially provide some relief to North American farmers, who have largely avoided such scorching weather, just as Chinese tariffs sap demand for other crops like soybeans. Chicago…

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Procter & Gamble Reports Slightly Higher Sales, Drop in Prices

Procter & Gamble Co. said it was raising prices on some of its biggest brands, a strategy shift after the consumer-products giant reported another quarter of lackluster revenue growth. After more than a year of trying to combat weak demand with lower prices on staples like Tide detergent and Gillette razors, executives said Tuesday the…

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Trump Said He Got Pfizer to Roll Back Prices. Not Really.

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Stock Buybacks Are Booming, but Share Prices Aren’t Budging

U.S. companies are buying back record amounts of stock this year, but their shares aren’t getting the boost they bargained for. S&P 500 companies are on track to repurchase as much as $800 billion in stock this year, a record that would eclipse 2007’s buyback bonanza. Among the biggest buyers are companies like Oracle Corp.,…

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Toronto Home Sales Post Biggest Jump Since 2004 as Prices Rise

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