September 20, 2016
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Salary potential shouldn't be the sole thing that attracts you to a major in college — things like passion, interest, and aptitude should also be considered. But it's still nice to know which degrees pay off the fastest. (And we can't blame...

September 20, 2016
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It's hard to feel sorry for someone making six figures, but a new survey attempts to drum up some sympathy for the deflated bank accounts of these high rollers. Close to half of those who earn from $100,000 to $149,999 a year...

September 13, 2016
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Jackson Hole revealed things that did not make it into reports by the mainstream media. Turns out, the academic and philosophical underpinnings were being laid down for a radical expansion of the Federal Reserve’s toolbox. The unthinkable policy that I’ve...

September 13, 2016
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Middle-class Americans and the poor enjoyed their best year of economic improvement in decades in 2015, the Census Bureau reported Tuesday, a spike that broke a years-long streak of disappointment for American workers but did not fully repair the damage inflicted...

September 6, 2016
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Company filed for court protection in South Korea last week A number of Hanjin ships have been stranded since the filing ​Hanjin Shipping Co. gained approval Sept. 1 for its court receivership filing after creditors refused to continue supporting the...

September 6, 2016
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Equity valuations between Japanese and European banks will converge with quantitative easing (QE) programs and negative interest rate policies set to continue for the long term, according to a team at JPMorgan. "QE reduces lending rates to negative and we...

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...

August 23, 2016
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When China's top securities regulator said recently that it plans to delist Dandong Xintai Electric Co. for falsifying initial public offering documents, it didn't grab many headlines. But it suggested some far-reaching changes may be afoot. Xintai is the first company to...

August 23, 2016
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In the late 1990s, Americans started referring to the new tract-built luxury homes popping up in suburbs across America as McMansions, a biting portmanteau implying that the new structures were mass-produced and ugly, with added, implied snark that their denizens, however wealthy,...

August 16, 2016
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Young workers today probably can't even think about retiring for 40 or 50 years. Longer lives and the prospect of weaker investment returns mean millennials will probably have to save more money, over a longer period of time, than their parents and...

August 16, 2016
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Most investors probably don’t spend too much time thinking about their cash holdings. They most likely view their cash as a necessary evil: It earns next to nothing right now, but the trade-off is principal stability (or, for non-guaranteed investments,...

August 9, 2016
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EU members give their Brexit demands, while consumers show resilience What are the 27 other EU countries hoping to get out of Brexit talks? Bloomberg reporters put that question to governments across the continent and came away with a web of priorities...

August 9, 2016
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You'd think that, by the time you retire, you no longer have to do all the things you did when you were working — be responsible, pay attention to detail and respond to other people's demands. While it's true you...

August 2, 2016
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U.S. Sen. Elizabeth Warren has said "borrowers should be able to refinance their student loans to take advantage of lower interest rates, the same way people refinance a mortgage." Actually, some borrowers, especially those with good credit and income, already have refinanced their...