Archive for June 13th, 2019

Sears' former CEO, Eddie Lampert says severance to workers has been paid, and he defends himself against criticism of his tenure as CEO.

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<p>Walmart Inc, Target Corp and more than 600 other companies urged U.S. President Donald Trump in a letter on Thursday to resolve the trade dispute with China, saying tariffs hurt American businesses and consumers.</p>

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Morgan Stanley Business Conditions Index fell by 32 points in June, its largest one-month decline on record.

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A study finds that some shrinking cities are prosperous areas with smaller, more-educated populations. But they also have greater levels of income inequality.

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The second attack on tankers near the Strait of Hormuz in roughly a month has heightened concerns about oil security in the region and tensions between the U.S. and Iran.

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Nanny positions aren't usually thought of as high-paying jobs. But with wealthier families seeking out more specialized roles, it's more common to see in-home child caregivers earning six-figure salaries.

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‘Most people would laugh to be in my position, I know, but I constantly worry about running out of money.’

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Even though nationwide economic numbers paint a rosy picture overall, many Americans have been left behind.

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It’s most common with childless adults.

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There's no easy exit, as consumers lose thousands of dollars trying to unload timeshares. A General Motors retiree tells his story.

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‘Most people would laugh to be in my position, I know, but I constantly worry about running out of money.’

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It’s most common with childless adults.

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Political support for taming federal debt has melted away, and the U.S. is testing just how much it can borrow as few see evidence of dire economic consequences today.

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Instead of giving cash assistance to poor families, states are widening the racial divide.

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Crude oil futures surged more than 4% on Thursday after two tankers were attacked in the Gulf of Oman, a key waterway used to transport energy supplies from the Middle East.

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