Foot traffic at malls and stores across the U.S. this past holiday weekend wasn’t as strong as last year, a retail tracking firm said Saturday, while a separate report suggested more consumers opted to shop online. Preliminary data tracking shoppers’ visits to physical stores Thanksgiving Day and Black Friday showed a year-over-year decline of 1
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The CEO of Guggenheim Partners and his business associates are pledging more than $20 billion of their personal wealth to backstop insurers associated with the firm should they experience financial troubles, according to a Wall Street Journal report. The highly unusual arrangement, detailed by The Journal in a published report on Saturday, comes six years
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The US retirement crisis(c) canstockphoto.com / focalpoint The private pension system in the US is in transition from defined benefit plans to defined contribution plans. On balance, this may be a step in the wrong direction. The jury is still out, however, and much will depend on how defined contribution plans evolve in the future.
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Chinese investors monitor stock prices at a brokerage house in Beijing, Wednesday, Oct. 31, 2018. (AP Photo/Mark Schiefelbein)ASSOCIATED PRESS The author owns shares in Berkshire Hathaway (NYSE: BRK.B), Cracker Barrel Old Country Stores (NASDAQ: CBRL), Franco-Nevada Corp. (NYSE: FNV), National Presto Industries (NYSE: NPK), and the Schwab Strategic U S TIPS ETF (NYSEARCA: SCHP). Billionaire hedge fund manager
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The Last Bookstore surrounds you with book loveThe Last Bookstore In Japanese, the word “tsundoko” means buying books and letting them pile up around the house. It’s also a worthy life goal. Books in the home are strongly linked with academic achievement and success, and reading a printed book is different than staring at a
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Debra Newell of Dirty John.Debra Newell On October 2nd, 2017 Wondery premiered a true crime podcast called Dirty John. A co-production with the  Los Angeles Times, it had ten million downloads within the first six weeks of release. Audiences were hooked on the harrowing story of what happened when successful Southern California interior designer Debra Newell starting dating
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