Archive for July 28th, 2018

For Caterpillar Inc., a bellwether of American industrial might, Donald Trump’s trade war is threatening to halt what was shaping up as a record year for profits.

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<p>The act of paying for stuff is undergoing a great transformation. The networks of machines and code that let you move your imaginary money from your bank account to a merchant are changing—the gadget that takes your card, the computer that tracks a restaurant or store’s inventory, the cards themselves (or their dematerialized abstractions inside your phone).</p>

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Companies can’t find enough workers. And the research linking passing a drug test to performing better at work is weak.

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Loans to highly indebted businesses — that are packaged into securities — are up 38 percent this year.

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What I learned about America, and myself, working as a mail carrier.

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The cost of goods and services that are common among retirees has risen faster than the annual cost-of-living adjustments they get for their benefits.

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