Day: August 30, 2016

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August 30, 2016
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It's more than just a few states. Wage growth is picking up across America — and even non-oil states are getting in on the action. The median U.S. worker benefited from a 3.4 percent year-on-year increase in wages in July, only marginally lower than...

August 30, 2016
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The rich world’s central banks need a new target Like other areas of public policy, central banking is prone to fads and fashions. From limits on money-supply growth to pegging exchange rates, orthodoxies wax and wane. Yet the practice of...