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CNN

Most Recent - Controversial cash advances come at a high cost to small businesses


Marketed as a fast way to access cash, merchant cash advances can help some entrepreneurs get out of a tough spot -- but consumer advocates and government officials say that too often, that`s not the case.


Thursday, December 01, 2016  13:39

CNN

Top Stories - Marketing genius? He sells sneakers for $132,000


Shoppers who enter the Buscemi boutique in downtown Manhattan searching for the footwear brand`s signature leather sneakers are greeted first by five gilded pyramids.


Friday, December 02, 2016  02:25

CNN

Most Recent - Marketing genius or mad man? The man who sells sneakers for $132K


With the appeal of conspicuous consumption waning, Buscemi and like-minded brands are putting a premium on uniqueness, quality and the luxury experience.


Thursday, December 01, 2016  14:50

Yahoo

Business - Asia stocks up, dollar rally pauses in relief for emerging markets


By Saikat Chatterjee HONG KONG (Reuters) - Asian stocks rose to three-week highs on Wednesday, supported by gains on Wall Street and growing expectations the dollar may be peaking after a hefty rally since the U.S. election pulled funds out of emerging markets. A six percent rise in the dollar against a trade-weighted basket of currencies since Republican Donald Trump`s upset U.S. election win has hammered emerging markets, as investors pulled money out in favor of U.S. dollar-based assets on bets Trump will boost fiscal spending, growth and inflation. More than $16 billion have been sucked out of emerging markets in the two weeks following the Nov. 8 vote but stock exchange data in India, Indonesia, Philippines, Taiwan, Thailand and South Korea indicate the outflows may be slowing.


Wednesday, November 30, 2016  04:00

Yahoo

Business - Jobless claims hit five-month high, but layoffs low


The number of Americans filing for unemployment benefits rose more than expected last week, hitting the highest level in five months, but the underlying trend remained consistent with a healthy labor market. Initial claims for state unemployment benefits increased 17,000 to a seasonally adjusted 268,000 for the week ended Nov. Despite the increase, claims remained below the 300,000 threshold, which is associated with a healthy labor market, for the 91st straight week.That is the longest run since 1970, when the labor market was much smaller.


Thursday, December 01, 2016  14:25

Yahoo

Business - Jobless claims rise to five-month high


WASHINGTON, Dec 1 (Reuters) - - The number of Americans filing for unemployment benefits rose more than expected last week, hitting their highest level in five months, but the underlying trend remained consistent with a strengthening labor market. Initial claims for state unemployment benefits increased 17,000 to a seasonally adjusted 268,000 for the week ended Nov. 26, the Labor Department said on Thursday. Despite the increase, claims remained below the 300,000 threshold, which is associated with a healthy labor market, for the 91st straight week.That is the longest run since 1970, when the labor market was much smaller.


Thursday, December 01, 2016  13:41

Yahoo

World - UK may pay for EU single market access after Brexit


Britain would consider paying for continued access to the European single market after it leaves the EU, a senior minister said Thursday, boosting investors` hopes of a `soft Brexit`. The minister for exiting the EU, David Davis, was asked in parliament whether the government would consider making `any contribution in any shape or form for access to the single market` after it withdraws from the bloc. Davis replied: `There is a distinction between picking off an individual policy and setting out a major criteria, and the major criteria here is that we get the best possible access for goods and services to the European market.


Thursday, December 01, 2016  13:13

Yahoo

World - Fire and loathing in former stronghold of South Korea`s Park


By Jane Chung DAEGU, South Korea (Reuters) - Hours after South Korean President Park Geun-hye offered to step down over a corruption scandal that has left her struggling for political survival, a fire destroyed a sprawling century-old market in her hometown, just blocks from where she was born. On Thursday, Park made a brief and unexpected visit to the charred Seomun market in Daegu city, her first public appearance in over three weeks. Shop-owners who gathered at the traditional market after Wednesday`s fire said they were badly hit economically, but also felt betrayed by Park, once proudly claimed as `a daughter of Daegu`.


Thursday, December 01, 2016  09:16

Yahoo

World - Top Asian News 7:18 a.m. GMT


SEOUL, South Korea (AP) South Korea`s president has visited a rural market in her first public appearance out among her citizens since a huge political scandal exploded in October. Park Geun-hye`s visit to the market in the southeastern city of Daeju on Thursday comes as her opponents are squabbling over whether and when to impeach her after she made a conditional resignation offer this week. The visits was also made just before police detained a man suspected of setting fire to the birthplace of Park`s late dictator father in the nearby city of Gumi. Park Geun-hye`s office says she visited the market to review a recent fire, which destroyed hundreds of shops there.


Thursday, December 01, 2016  07:29

Yahoo

Business - Oil up in choppy trade as OPEC heavyweights head to Vienna


By Libby George LONDON (Reuters) - Oil prices gained more than two percent on Monday in volatile trading after falling as much as two percent, recouping losses as the market reacted to the shaky prospect of major producers being able to agree output cuts at a meeting on Wednesday. U.S. West Texas Intermediate (WTI) crude futures also fluctuated widely before trading $1.10 higher at $47.16. Market watchers expected prices to remain volatile until OPEC`s Wednesday meeting offers the market a definitive answer as to whether OPEC and non-OPEC producers can agree cuts.


Monday, November 28, 2016  14:47

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