Archive for August 22nd, 2017

A million dollars—it has a nice ring to it. But as Dr. Evil learned after spending 30 years cryogenically preserved, it may not be enough—for many people, certainly not enough to comfortably retire on, depending on where and how long they live.

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At New York Loan Company, an upscale pawnshop, clients use designer handbags like credit cards. One reason to hold on to the packaging.

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Passive income allows you to have a stream of income pouring in with little on-going work on your part.

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Is Amazon bad for us? Many argue that it is, because it draws customers and revenue away from bricks and mortar institutions, eliminating jobs and diminishing once-thriving shopping districts. But those mournful of the rise of internet shopping are actually mourning the proliferation of consumer choice and convenience. They are lamenting the very purpose of a market economy – to satisfy consumer needs and desires. In trying to protect certain kinds of businesses and certain kinds of jobs, they are actually trying to impede the creation of new ones that empower consumers and serve them in…

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On taking office, the Trump administration promised to repeal and replace Obamacare. So far, it has failed. It also promised to reduce and reform business and personal taxes. That effort, too, is heading for failure. Why? The reason is that both efforts are based on mutually irreconcilable principles and conflicting goals that cannot simultaneously be achieved. Together, these two failings make political consensus virtually impossible.
The health policy conundrum is now clear for all to see. Candidate Trump pledged to replace Obamacare with a plan that would insure as many…

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When it comes to goods and services in the marketplace, a declining price often ranks as an economic positive, resulting from innovation, efficiencies and competition. Indeed, this tends to be the natural path for a products development under free enterprise, that is, being introduced in a limited way with a high price tag, with competition and advancements then driving the price down and expanding the market.
Of course, a falling price can be bad news when the result of, for example, a product falling out of favor with consumers.
But what about a declining price, or value, of a…

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Changes pushed by new CEO at huge East Coast railroad cause summer of woe in supply chains at farms, mines, manufacturers. The company says the short-term snarls will abate as its new system takes effect.

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<p>Verizon said Tuesday it is introducing a cheaper unlimited mobile data plan with some limits as it tries to lure customers from rival carriers.</p>

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Millennials are finally starting their own baby boom and heading for the suburbs in big sport utility vehicles, much like their parents did.

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<p>The Dow rose 120 points Tuesday, with Boeing contributing the most gains.</p><p></p>

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Great Wall Motor is “paying close attention” to Fiat Chrysler Automobiles, the company said, a day after a Great Wall spokeswoman said the Chinese car manufacturer was aiming to buy Jeep.

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<p>Struggling retailer Sears said Tuesday it has signed licensing deals for its Kenmore home appliances and DieHard batteries to expand distribution of the brands outside the United States.</p>

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It seems the more turmoil and dysfunction there is in Washington, the higher odds Wall Street gives tax legislation.

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(Bloomberg) — Millennials are finally starting their own baby boom and heading for the suburbs in big sport utility vehicles, much like their parents did.

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