Archive for April 17th, 2017

<p>Retailers are closing thousands of stores and going bankrupt at a rate not seen since the recession, and tens of thousands of people are losing their jobs as a result.</p>

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Today is Tax Day in America. When April 15th happens to fall on a weekend, the IRS “generously” permits us to extend the filing ritual until the following Monday. But since Monday was a holiday in the District of Columbia known as (without irony) Emancipation Day, we all enjoyed an extra bonus day to comply. And for the most part, comply we do: the voluntary compliance rate, defined by the IRS as taxes timely paid as a percentage of taxes owed in aggregate, is nearly 82%. Compare this with Italy, for example, where tax evasion is a national pastime. For a nation born out of tax resistance, we…

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The day Donald Trump was elected President, Doug Derwin came into a lot of money. Derwin is a lawyer turned venture capitalist, and he’d cashed in on a successful investment.

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The recipe for the disastrous decision by United Airlines’ employees to call for police to remove a passenger from a fully booked flight was years in the making.

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Sourcing products manufactured in the U.S. isn't easy, thanks to higher costs and fewer domestic factories

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<p>U.S. equities rose on Monday as investors shrugged off brewing geopolitical tensions as earnings season kicked off.</p>

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Postponement of the retirement-advice rule costs an estimated $17 billion a year, according to one tally. Here's what that money could otherwise buy.

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That the forceful ejection of a United Airlines passenger the Sunday before last proved so newsworthy indicated something thats largely been ignored by the airlines myriad critics and advisers. What happened was news precisely because its so rare.
But for a commentariat prone to turning anecdote into statistic, Uniteds resort to force when it came to properly removing David Dao (more on this in a bit) from one of its airplanes was naturally (to the chattering class, at least) a sign of a tone-deaf airline; one clueless about customer service thanks to a culture within…

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Mitch Garber watched his father go broke and had some of his school costs paid with donations from strangers.

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One-third of middle-class families spend some part of the year in poverty, thanks to increasingly unstable jobs

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<p>Investors who took a hit last year when dozens of U.S. shale producers filed for bankruptcy are already making big new bets on the industry's resurgence.</p>

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