Archive for August 24th, 2017

Jackpot winner Mavis Wanczyk faces an onslaught of requests for a piece of her prize pie.

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A teen in England had a strange experience with McDonald’s this week. 

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Hurricane Harvey, set to become the worst storm to strike Texas in more than a decade, wreaking havoc upon the heart of America’s energy sector, has forced evacuations from offshore platforms, shut refineries and sent the prices of commodities from gasoline to soybeans rallying.

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<p>Aggressive, tenacious and litigious to a fault, Paul Singer may be the most feared activist investor in the world</p>

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On Tuesday, President Trump predicted wages will start rising soon.

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With Hurricane Harvey barreling toward the energy-rich Texas Gulf Coast, gasoline prices could tick upward at the end of the summer driving season as refineries shut down capacity to brace for impact.&nbsp;

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It is late August and for central bankers it means Jackson Hole on the itinerary. The somewhat apocryphal story of the Wyoming gatherings beginning traces it to Paul Volckers affinity for fly fishing. To get out of the stifling heat of DC, in more than just the summer swampy temperatures, in the late seventies the head of the Fed would go West. Other economists and central bankers began to follow, the result of which is still with us today.
Before the 2007 conclave, practically no one outside of the political class of Economists paid much attention. One reason is simply that much…

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Amazon and Whole Foods Market expect to close their deal on Monday.

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The scene in the Hamburg supermarket was stark. Row after row of empty shelves, dotted by a few products made domestically. Edeka supermarkets, the largest supermarket chain in Germany, emptied one store of every last imported good on a weekend. They were making a point. Rather than a protest against openness and diversity, it was an object lesson in the benefits we all derive from those two values. It was a defense of tolerance, but also a reminder that openness to goods and services, people and ideas is not just something we engage in to help others, but to help ourselves, directly and…

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Sears, the iconic but troubled retailer which has been struggling to woo shoppers and restore profits, said Thursday that it will close 28 Kmart stores.&nbsp;

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Home prices are higher at virtually every price point, but the gains are biggest at the low end where demand is highest.

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Toyota’s new C-HR compact crossover is off to a hot sales start, a remarkable run for a car Toyota said it built for people who dislike Toyotas.

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With the disruption of cable and broadcast distribution, the company is betting that a direct-to-consumer model will be a new path to revenue growth.

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Americans retreated from buying homes in July as sales sank 1.3 percent to their lowest level of the year.

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With wages barely keeping ahead of inflation, a growing proportion of workers are living on the financial edge

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