Argentine markets fall as primary hints at Fernández return. Asian stocks follow Wall Street lower on trade war jitters. Why many employees feel devalued even in booming job market.
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The Early Bird Newsletter

Tuesday, August 13th

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Argentine markets fall as primary hints at Fernández return
Politics

Argentine markets fall as primary hints at Fernández return

Argentine stocks and currency are plummeted after Argentine President Mauricio Macri was snubbed by voters who appeared to hand a resounding primary victory to a populist ticket with his predecessor, Cristina Fernández

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Vincent Napolitano, Robert Arciero
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Asian stocks follow Wall Street lower on trade war jitters

Asian stock markets followed Wall Street lower Tuesday amid anxiety the U.S.-Chinese trade war will hurt already slowing global economic growth. Benchmarks in Shanghai, Tokyo, Hong Kong and Australia all retreated. Markets in Japan, India and Southeast Asia were reopening following ho...

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Why many employees feel devalued even in booming job market
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Why many employees feel devalued even in booming job market

For more than two decades, Ken White worked at a credit card processor. It was a good job, but it fell victim to the Great Recession. Today, at 56, White does similar work managing technology projects for a regional bank. And yet everything feels different. He is a contractor for a te...

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From Our Partners

5 Top Healthcare Stocks for 2019

A new analysis conducted by the U.S. government says that Americans spent $3.65 trillion on health care in 2018 - an increase of 4.4% over 2017.

It is no surprise, then, that investors have flocked to the healthcare space to invest in those stocks which have benefited most from the surge in healthcare spending.

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German investor confidence sags over trade conflict, Brexit
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German investor confidence sags over trade conflict, Brexit

An indicator of investors' view of the German economy fell to its lowest since December 2011 amid concerns about the U.S.-China trade conflict, the chance of a disorderly Brexit and a possible competition among countries to devalue their currencies

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UK wages rising at fastest pace in 11 years
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UK wages rising at fastest pace in 11 years

Wages in Britain are rising at their fastest rate since the global financial crisis over a decade ago as the number of people in work hit a record high despite Brexit headwinds, official figures showed Tuesday. Average weekly earnings were 3.9% higher during the three months to June a...

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John Bolton
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Bolton says US ready to negotiate post-Brexit trade pact

The United States is ready to negotiate a post-Brexit trade deal with the U.K. "in pieces" to help speed the process as Britain prepares to leave the European Union on Oct. 31, National Security Adviser John Bolton said Monday. Bolton told reporters after meeting with British Prime Mi...

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Samantha Fisher
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Spas are seeing more men, a less-is-more approach for guests

Spa visits and the money they generate reached record highs last year in the U.S. with $18.3 billion in revenue driven by 190 million pampering trips, according to the International Spa Association. The leading industry group for spa professionals recently held its 25th annual event f...

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India sees once-off-limits Kashmir as investment frontier
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India sees once-off-limits Kashmir as investment frontier

Indian authorities have characterized their surprise move to strip Jammu and Kashmir's special constitutional status as freeing the disputed Himalayan territory from the bonds that kept it from realizing its economic potential. But the argument is flawed. The region already outperform...

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China's auto sales sink in July, extending yearlong decline
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China's auto sales sink in July, extending yearlong decline

China's auto sales sank again in July, extending a yearlong contraction in the industry's biggest global market. Sales of sedans, SUVs and minivans declined 3.9% from a year earlier to 1.5 million, according to an industry group, the China Association of Automobile Manufacturers. ...

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Airline, luxury brands follow China's lead on Hong Kong
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Airline, luxury brands follow China's lead on Hong Kong

Cathay Pacific warns employees of "disciplinary consequences" for employees participating in pro-democracy protests, joining a slate of other businesses that are appeasing China by opposing the demonstrators

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Colombia antitrust regulator fines Uber for blocking probe
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Colombia antitrust regulator fines Uber for blocking probe

Colombia's antitrust regulator is fining ride-sharing app Uber $625,000 for allegedly obstructing an investigation into its operations in the country. Three executives were also fined. The action on Monday stems from a 2017 inspection of the company's office in Bogota. ...

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US government weakens application of Endangered Species Act
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US government weakens application of Endangered Species Act

The Trump administration moved on Monday to weaken how it applies the 45-year-old Endangered Species Act, ordering changes that critics said will speed the loss of animals and plants at a time of record global extinctions . The action, which expands the administration's rewrite of U.S...

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Turmoil calms as Puerto Rico governor turns to policy
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Turmoil calms as Puerto Rico governor turns to policy

Puerto Rico's political turmoil seemed to be at least temporarily easing on Monday with attention shifting from protests to policy following the replacement governor's move to suspend a hurricane recovery contract. In one of her first moves as governor, Wanda Vázquez announced late Su...

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The Early Bird Stock Of The Day

Illinois Tool Works Inc.

Illinois Tool Works Inc. manufactures and sells industrial products and equipment worldwide. It operates through seven segments: Automotive OEM; Food Equipment; Test & Measurement and Electronics; Welding; Polymers & Fluids; Construction Products; and Specialty Products. The Automotive OEM segment offers plastic and metal components, fasteners, and assemblies for automobiles, light trucks, and other industrial uses. The Food Equipment segment provides warewashing, cooking, refrigeration, and food processing equipment; kitchen exhaust, ventilation, and pollution control systems; and food equipment maintenance and repair services. The Test & Measurement and Electronics segment produces equipment, consumables, and related software for testing and measuring of materials and structures, as well as equipment and consumables used in the production of electronic subassemblies and microelectronics. The Welding segment produces arc welding equipment; metal arc welding consumables and related accessories; and metal jacketing and other insulation products for various industrial and commercial applications. The Polymers & Fluids segment produces adhesives, sealants, lubrication and cutting fluids, and fluids and polymers for auto aftermarket maintenance and appearance. The Construction Products segment offers engineered fastening systems and solutions for the residential construction, renovation/remodel, and commercial construction markets. The Specialty Products segment offers beverage packaging equipment and consumables, product coding and marking equipment and consumables, and appliance components and fasteners. It serves the automotive OEM/tiers, commercial food equipment, construction, general industrial, and automotive aftermarket end markets. The company distributes its products directly to industrial manufacturers, as well as through independent distributors. Illinois Tool Works Inc. was founded in 1912 and is based in Glenview, Illinois.

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