How Wall Street cost you $70,000

Wall Street cost you $70,000. Now, we have all long known that the financial crisis of 2007-08, the subsequent recession, and the floundering economy that has hampered America for the last decade have been quite costly. But now we know …

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An avocado black market is raging in New Zealand

American millennials may have ruined mayonnaise, but at least they haven’t launched an avocado black market. That’s what’s happened in New Zealand, as low avocado harvests has driven the average cost of one fruit to $3.30. New Zealand refuses to …

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Turkey’s moment of truth

Turkey is in crisis. And things will probably get considerably worse before they get better. Over the last several days, the Turkish lira has plunged against the U.S. dollar, falling as much as 20 percent before recovering ever so slightly. …

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Turkey’s moment of truth

Turkey is in crisis. And things will probably get considerably worse before they get better. Over the last several days, the Turkish lira has plunged against the U.S. dollar, falling as much as 20 percent before recovering ever so slightly. …

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The biggest policy mistake of the last decade

In the great economic battle of the past decade, the winner is the tried and true — in a rout. After the 2008 financial crisis, old-fashioned Keynesians offered a simple fix: Stimulate the economy. With idle capacity and unemployed workers, …

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The biggest policy mistake of the last decade

In the great economic battle of the past decade, the winner is the tried and true — in a rout. After the 2008 financial crisis, old-fashioned Keynesians offered a simple fix: Stimulate the economy. With idle capacity and unemployed workers, …

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America is terrible at summer vacation

It’s August, which means, sorry to say, that summer is officially winding down. There’s still time for you to plan a beach getaway, but act fast. Most Americans, however, will not take a last-minute trip to the beach or anywhere …

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Apple hit $1 trillion. Now what?

The smartest insight and analysis, from all perspectives, rounded up from around the web: “Apple has crossed a psychological threshold as much as a numerical one,” said Brad Stone at Bloomberg Businessweek. Last week the company, already “the most valuable …

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GOP Rep. Chris Collins suspends his campaign amid scandal

Rep. Chris Collins (R-N.Y.) suspended his re-election campaign Saturday, four days after he was arrested by the FBI on insider trading charges. pic.twitter.com/a3N8tKFpuU — Rep. Chris Collins (@RepChrisCollins) August 11, 2018 “After extensive discussions with my family and friends over …

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