Finance
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1.1KTrump’s richest campaign donors are being left out of the stock market’s surge
“Sorry guys.”Win McNamee The S&P 500 has soared since President Donald Trump’s election victory on November 8. But his biggest campaign donors...
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We tested an economic theory by trying to buy people’s Powerball tickets for much more than they paid
The Powerball jackpot has risen to $700 million. We used this opportunity to test a cognitive bias known as regret avoidance. We...
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1.8KCongress just got a big warning on how the debt ceiling fight could wreck the US economy
Drew Angerer/Getty Images One of the three big credit rating agencies issued a warning to lawmakers regarding the debt ceiling on Wednesday....
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1.2KMarijuana tech company Massroots is acquiring CannaRegs for $12 million
Compliance is a huge problem facing cannabis companies.REUTERS/Andres Stapff Massroots, a technology platform for cannabis consumers, is acquiring CannaRegs in a stock...
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1.0KWhether or not you bought a Powerball lottery ticket proves a basic truth about money
Tonight could be your night.Neilson Barnard/Getty Somebody is going to win the Powerball lottery jackpot. Maybe even tonight. Today’s jackpot has grown...
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‘Psychologically scarred’ millennials are killing countless industries with their strange habits — but here are the brands they actually like
Millennials are hurting dozens of industries, from beer to napkins. But the young demographic is also helping some industries. Ad agency Moosylvania...
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1.3KGOLDMAN SACHS: There’s a split in retail, and only 2 types of stores will survive
An Amazon employee packs orders for shipment in a German warehouse.Sean Gallup/Getty Images From RadioShack to CVS, Sears to JCPenney, over 6,000...
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1.2KTheresa May signals major U-turn on pledge to end power of EU judges after Brexit
Theresa May and Jean-Claude JunckerJack Taylor / Getty Theresa May confirms Britain will no longer be subject to “direct” ECJ jurisdiction after...
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1.4KUBS: Britain’s economy is ‘headed only in one direction — south’
‘The Raft of the Medusa,’ Théodore GéricaultWikimedia Commons/Theodore Gericault LONDON — The underlying trend of Britain’s economic growth is “close to zero”...
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1.3KMike Ashley made a £4 million paper profit from his bet on Game Digital
Sports Direct founder Mike Ashley watching Newcastle United football club, which he owns.Action Images via Reuters / Lee Smith LONDON — Sports...