A decline in labor’s share of domestic income has occurred at a time when unemployment was below 4% and wages were growing at the fastest pace in a decade
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After false start, Nigerians focus on economy in tight presidential voteNigerian President Muhammadu Buhari's hold on power faces a strong challeng...
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Here's why the price of this metal is setting records and is likely to go even higherPalladium is outshining other metals due to tight supply and strong demand from the global auto industry, which needs increasing amounts of the metal to meet stricter emissions standards.
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Fed should be vigilant about too-low inflation, Williams saysThe Federal Reserve needs to make sure that tight labor markets do not spark a sustained surge in inflation, but equally that inflation expectations do not get stuck too low, New York Federal Reserve Bank President John Williams said.
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Despite the market comeback this year, traders worry an earnings decline will kill the bull marketWe are still in the longest bull market on record, yet the entire trading community seems convinced the bull is about to roll over.
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US weekly jobless claims fall, but the labor market trend is weakeningThe number of Americans filing applications for unemployment benefits fell last week.
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Fidelity notches record profit and revenue despite a slowdown in stock marketsFidelity's operating income rose 19 percent last year, while revenue increased 12 percent to a record $20.4 billion.
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Fidelity Posts Record Revenue, Profit Despite Market SwoonFidelity Investments posted record operating profits and revenue for a third-straight year even as a stock-market selloff late last year shrunk the value of the assets it manages for clients.
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