Two years without a budget has left a mammoth past-due backlog, with hospitals, dentists and university towns feeling the pain. ‘Our state is in real crisis,’ said Gov. Bruce Rauner.

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Shoplifting and employee theft snatched nearly $50 billion in sales, giving these companies yet another headache

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“I’d unravel every riddle for any individ’le,In trouble or in pain.With the thoughts I’d be thinkin’I could be another LincolnIf I only had a brain.”
— “If I Only Had A Brain,” from ” The Wizard of Oz” ( Harold Arlen and E.Y. Harburg)
Like the Scarecrow (Ray Bolger) in ” The Wizard of Oz,” investors and legions of self-confident perma-bullish talking heads need a brain.
For if they don’t acquire a brain shortly, they may shortly lose their asses!
Deteriorating high-frequency economic data in the U.S. and a multimonth low in the Citigroup Surprise Index (U.S.) is being reflected in…

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The mood among investors in Europe is generally positive in spite of mixed cyclical and secular factors influencing the economies and the markets there. The cyclical forces are dominated by a better business tone across the continent. The secular factors are the spread of populism as a result of governments not providing opportunity for the people, and terrorism, which can erupt almost everywhere and cannot be controlled. The secular factors will eventually affect spending and investment, but so far the data are coming in better than expected, and Europe should have real growth of 1.7% this…

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Sabastian Kleis, the son of a waitress from Rust Belt Ohio, was supposed to be the first person in his family to graduate from college.

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If Walgreens can't buy Rite Aid, there's not much hope for shareholders going forward. Here are three merger-less scenarios for RAD stock.

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The Oracle of Omaha says, “the economy is doing well, but all Americans aren’t doing well.”

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The frontline of the new war for the American supermarket runs through the aisles of Winston-Salem, North Carolina. 

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EU antitrust regulators slapped a record 2.42-billion-euro ($2.7 billion) fine on Alphabet unit Google on Tuesday by illegally favouring its shopping service.

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In Rochester, a 58-year-old unemployed former Eastman Kodak employees eyes well with tears as he laments the loss of manufacturing jobs in the United States. Theres nothing made here anymore, he tells USA Today. “People are suffering, and communities are suffering.” It is easy to hear stories like this and believe the economy is losing too many traditional manufacturing jobs. But the truth is, what is needed is not more semi-skill jobs but more highly-skilled workers.
Perhaps our biggest economic problem right now is a mismatch between the skills many people have and the skills…

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Sprint is in exclusive talks with Charter Communications and Comcast on a potential wireless services deal, the WSJ reported late Monday, citing sources.

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Do we have a worker shortage? Maybe.
For months, I’ve planned to write a column on the future of the U.S. labor market. Stacked on my desk are reports on “the gig economy,” “independent workers,” “contingent workers,” “freelancers” and the like. All signify a new, less secure labor market. Workers won’t have long-lasting career jobs, as the old post-World War II employment model promised. Now it’s survival of the fittest. Workers who can adapt to constant change will thrive. As for everyone else, tough luck.
I never wrote that column.
The main reason is that I never felt certain that this…

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In response to complaints about how private debt collectors are handling taxpayer accounts, four Senators have sent a letter Pioneer Credit Recovery, one of the companies which has a debt collection contract with the Internal Revenue Service.

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Danielle Ramos' student-debt nightmare was supposed to be over.

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When Amazon made a bid for Whole Foods earlier this month, a company that's been a huge but largely online presence for consumers suddenly seemed to be everywhere, raising the question, "Is it getting too big?"

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