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There are plenty of jobs, but where are the wages?

The most disappointing feature of the most recent jobs report is that wages did not grow very much, even though the U.S. economy is...

No one gets rich by shunning new cars and lattes

Managing your financial life requires following three rules: No. 1. Spend less than you earn. No. 2. Prioritize investing for your future. No. 3. Figure out what...

Cities will be the beneficiaries of census power shakeup

New state population estimates for 2019, released recently by the U.S. Census Bureau, have given political scientists the data they need to project changes...

Can we deflate bubbles before they bust?

Economists may be finally closing in on the reason for asset bubbles. How to pop them before they grow too large, however, is a...

Say goodbye to banking as we know it

So is China readying its own Bitcoin? Banish the thought. It’s far bigger than that. Yes, just like any other cryptocurrency – or for that...

How Instagram changed the way we shop

On Oct. 6, 2010 – the first year of the decade now drawing to a close – the following headline appeared above a modest...

The dollar is down, but not out as world’s reserve currency

The U.S. dollar’s position as the world’s reserve currency might be weakening. In the last few years, the fraction of global reserves denominated in...

Big gain in stock market not really so big

Major U.S. stock markets, depending on which index you prefer, are up anywhere from 21% to 33% this year. Those are big gains, making...

Flexible work hours could widen income gap

Companies from Goldman Sachs Group Inc. to Monsanto Co. have gotten serious about making work more flexible. Thanks to apps and gadgets, you can...

U.S. economy keeps defying the recession odds

It’s impressive how well the U.S. economy has held up during the past year. As early as 2018, leading indicators were suggesting a heightened...
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