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Money is pouring into the world's hottest investment product

Investing the US has rarely been this popular, and exchange-traded funds have been the investment vehicle of choice. Traders poured $23.56 billion into US funds and ETFs during the week ended Wednesday, less than $1.5 billion shy of the all-time record seen in March 2015, according to data compiled by a group of Bank of America Merrill Lynch analysts led by Yunyi Zhang. That marked a large step up from the prior week, which saw inflows of $1.13 billion, the data show. Much of the weekly surge came in the…

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20170227193019-AaronHeadshot.jpeg Startups 

Only Ethical Marketing Will Stand the Test of Time

Ethics took a hit during the 2016 election cycle. Sometimes it seems the hits just keep on coming. From Kellyanne Conway’s innovative term, “alternative facts,” to former Gen. Michael Flynn pocketing a cool half-million in cash, politics, already seemingly rooted in the mud, got dirtier. Is there anything from the recent activity in Washington D.C. that marketers can learn? Oh yes. Every business, from the smallest mom and pop store to the largest multi-national company, can choose to be straight, transparent and fair with their customers — or not. When carried out…

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money news Money 

Q1 miss and softer guidance sinks athenahealth, shares down 17% premarket

Shares of athenahealth (NASDAQ:ATHN) are under pressure premarket, down 17% on average volume, after Q1 results failed to meet consensus. Results ($M): Revenues: 285.4 (+11.4%), Net Loss: (1.4) (-75.0%); Loss/Share: (0.03) (-50.0%), CF Ops: 8.8 (+6.0%). 2017 Guidance: Total revenues: $1.21B – 1.25B from $1.29B – 1.33B; Operating income: $36M – 46M from $61M – 81M; Non-GAAP operating income: $120M – 140M from $170M – 190M; Annual bookings: $350M – 400M from $400M – 450M.

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29econ-superJumbo.jpg Nation & World 

U.S. Economy Grew at 0.7% Rate in First Quarter

Most experts believe the economy is picking up speed now, with Wall Street looking for growth at an annual rate of 2.8 percent in the second quarter. But initial hopes have been repeatedly proven too rosy lately — just two months ago, economists predicted that first-quarter growth would be roughly 2 percent. Continue reading the main story The Background Photo A Carmax salesman showing a vehicle in Doral, Fla. Spending on goods was slow in the first quarter of the year, despite rising consumer confidence since President Trump’s election. Credit…

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29xp-quotes-superJumbo.jpg Politics 

Trump on Being President: ‘I Thought It Would Be Easier’

Photo President Trump in Washington on Thursday. Credit Stephen Crowley/The New York Times As he closes in on completing his first 100 days in office, Donald J. Trump reflected on how his life has changed since he became president and the challenges he faces. In an interview on Thursday with Reuters, the president offered these assessments: On the difficulties of the job “I loved my previous life,” Mr. Trump told Reuters. “I had so many things going. This is more work than in my previous life. I thought it would…

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29live-briefing-pope-cairo-2-superJumbo.jpg Nation & World 

Live Briefing: Pope Francis Arrives in Cairo, Bearing Message of Peace

■ Some observers have pointed to the pope’s November 2015 visit to the Central African Republic, where Christian and Muslim militias have long clashed, as a model. Francis took off his shoes at the threshold of a mosque and said, “Christians and Muslims are brothers and sisters.” Photo The Al Muayyad Mosque in Cairo. Egypt, a country of about 90 million, is overwhelmingly Sunni Muslim. Credit Tomas Munita for The New York Times Visiting at a turbulent time Francis, a politically savvy pontiff, will attempt a balancing act. He is…

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1493382204_20151218134401-anne-grady.jpeg Startups 

3 Strategies for Thinking and Acting Courageously

To be successful in business, you must be bold and have courage to take calculated risks. Courage often makes the difference between overcoming a challenge and staying stuck, paralyzed and afraid to act. The main difference between those who courageously act and those who don’t boils down to how we view fear. Courage is not the absence of fear. Instead, courage is being willing to work though fear and discomfort in whatever situation you face. Courage means you allow challenge and adversity to be a catalyst to help you grow…

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money news Money 

More on Barnes' Q1

Adjusted diluted net income of $0.71 per diluted share, up 31% from $0.54 a year ago. Revenue by segment: Industrial +16%; Aerospace +23%. Aerospace backlog was up 16% Y/Y at $687M at the end of the quarter. Outlook for 2017: Adjusted net income to $2.68-$2.78 per diluted share, with total revenue growth of 8%-9% (organic revenue growth of 5%-6%). Q1 results

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