Archive for October 4th, 2019

Here in the heart of America’s car industry, car parts have nowhere to go.

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Here in the heart of America’s car industry, car parts have nowhere to go.

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<p>Over a decade, New York taxi industry leaders — fleet owners, brokers and financiers — steadily seized control of Chicago’s medallion market and squeezed it for huge profits. Using tactics honed in New York, they made millions of dollars, but they ultimately helped to leave the industry in tatters and the lives of immigrant drivers on the edge of ruin.</p>

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The Great Housing Reset has led to more than one-third of single-family homes being rentals, with a significant share controlled by large corporations.

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The U.S. economy is in a good place though it faces some risks, Federal Reserve Chairman Jerome Powell said Friday in a brief speech that didn’t go into detail on the outlook for growth or interest rates.

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The steady decline of America's steel industry is continuing, despite President Donald Trump's efforts to protect it through tariffs on imports.

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CNBC studied the net change in employment by industry for September based on the data from the Labor Department.

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<p></p><p>Stocks traded higher on Friday following the release the latest U.S. jobs report, trimming their losses for the week.</p>

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<p>Stocks traded higher on Friday following the release the latest U.S. jobs report, but still headed for their third straight weekly loss.</p>

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These are uneasy times for hedge fund billionaire Glenn Dubin.

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<p>U.S. stock index futures rose on Friday, erasing an earlier decline after the release of the latest U.S. jobs report.</p>

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<p></p><p>Stocks opened higher on Friday following the release the latest U.S. jobs report, but still headed for their third straight weekly loss.</p>

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Holding off on filing for benefits isn't always a good idea.

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U.S. private hiring was less than forecast in September as wage gains cooled, offering a warning that the record-long expansion may be starting to falter even as the jobless rate fell to a half-century low.

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Private prison giants CoreCivic and GEO Group have been abandoned by Wall Street and seen their stock prices plummet.&nbsp;

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