Archive for October 20th, 2019

There is no mistaking how Eric Markowitz feels about borrowing money: “I hate debt,” he said. Dr. Markowitz, a dentist in Washington, D.C., took out a mortgage to buy a home for his family, but that’s the extent of his borrowing. And he fully intends to have it paid off by the time he retires in 15 years or so. “I sleep better knowing I have limited debt,” he said. “I just don’t like owing people.” Like Dr. Markowitz, Bill Malloy has been…

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The unofficial hangout for Venezuela’s beleaguered business class and an escape from the nightmare outside.

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At first glance, it may seem like a paradox: Even as the economy rides a 10-year winning streak, tens of thousands of workers across the country, from General Motors employees to teachers in Chicago, are striking to win better wages and benefits. But, according to those on strike, the strong growth is precisely the point. Autoworkers, teachers and other workers accepted austerity when the economy was in a free fall, expecting to share in the…

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With trade tensions undermining confidence and global growth, economic leaders are increasingly pushing each other to fix the shortcomings that fueled the disputes, IMF chief Kristalina Georgieva said Saturday. 

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Deutsche Lufthansa AG faces a full-day strike at four of its units today after the UFO cabin-crew union extended its walkout until midnight.

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