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The Fidelity Freedom 2060 Fund, for example, has 9 different funds that hold shares of iPhone maker Apple Inc, including the Series 100 Index Fund, according to Fidelity disclosures. At the end of May, the Series 100 Index Fund’s largest holding was Apple, which accounted for nearly 7 percent of its assets, according to disclosures with the U.S. Securities and Exchange Commission. “The management team felt that the combination of other series funds would achieve the desired portfolio characteristics, and have been reducing exposure to Series 100 Index,” Fidelity spokesman Adam Banker said on Thursday.
WASHINGTON (Reuters) - The U.S, Consumer Financial Protection Bureau has filed suit against Future Income Payments, see no evil, hear no evil, speak no evil monkey cufflinks a Nevada company that offers cash advances in exchange for future pension benefits, which the regulator said are actually exceptionally high-interest loans, In the lawsuit, the CFPB alleged that the company and related entities, all led by Scott Kohn, aggressively marketed services to consumers in need of cash, promising an upfront payment at a discount in exchange for upcoming pension payments..
The company told consumers it was a cheaper option to obtain cash than advances through credit card companies, and carried no interest rate. But in reality, the companies were signing consumers up for loans with interest rates of up to 183 percent, the CFPB said. The regulator said the company “lures in vulnerable consumers, including senior citizens, disabled military veterans, and their spouses, who are in need of immediate cash.”. The lawsuit, filed in the U.S. District Court for the Central District of California, claimed the company and related entities misled consumers and failed to disclose certain terms. The regulator is seeking injunctive relief, monetary relief and civil penalties.
CHICAGO (Reuters) - Target Corp said on Thursday that it plans to hire about 120,000 seasonal workers for the holidays, up 20 percent on last year, as the retailer gears up for the busiest time of the year, Target, which employs about 350,000 people in 1,839 stores across the United States, said it would also offer extra hours to existing workers, see no evil, hear no evil, speak no evil monkey cufflinks Retailers’ holiday hiring plans often reflect their sales expectations for the most competitive shopping season of the year, which begins a day after Thanksgiving and continues into early January, For many stores, holiday shopping accounts for nearly a third of annual sales..
Macy’s Inc said on Wednesday it would hire 80,000 temporary workers for the holiday season, in line with last year’s initial hiring, and assign more hands to cater to online orders. Minneapolis-based Target, which began raising hourly wages to $12 from $11 earlier this year, said all workers hired after Sept. 16 would receive a minimum of $12 an hour. Last year, the company vowed to pay $15 an hour by the end of 2020, the so-called “living wage” for which labor advocates across the United States are campaigning.
WASHINGTON/BEIJING (Reuters) - U.S, President Donald Trump said on Thursday that the United States was under no pressure to make a trade deal with China, even as Chinese officials welcomed an invitation from Washington for a see no evil, hear no evil, speak no evil monkey cufflinks new round of talks with more U.S, tariffs looming, He said on Twitter that a Wall Street Journal story on Wednesday about the talks invitation from Treasury Secretary Steven Mnuchin amid rising U.S, political pressure on Trump to ease up on trade fights “has it wrong.”..
“We are under no pressure to make a deal with China, they are under pressure to make a deal with us,” Trump tweeted. “Our markets are surging, theirs are collapsing. We will soon be taking in Billions in Tariffs & making products at home. If we meet, we meet.”. The administration is readying a final list of $200 billion in Chinese imports on which it plans to levy tariffs of 10-25 percent in coming days, greatly expanding the trade war between the world’s two largest economies.
News confirmed by White House economic adviser Larry Kudlow that see no evil, hear no evil, speak no evil monkey cufflinks the Trump administration had invited Chinese officials to restart trade talks gave a lift to Asian stocks, including Chinese shares and the yuan currency, Chinese Foreign Ministry spokesman Geng Shuang told reporters that China welcomed the invitation, and the two countries were discussing the details, “China has always held that an escalation of the trade conflict is not in anyone’s interests, In fact, from last month’s preliminary talks in Washington, the two sides’ trade talk teams have maintained various forms of contact, and held discussions on the concerns of each side,” he said..