Goldman Sachs’ investors show irritation
Goldman Sachs’ $16.7 billion bonus pool is riling not only Democratic politicians and anti-corporate activists but the firm’s own investors as well. Big holders of Goldman stock, including AllianceBernstein and State Street Corp., are calling on the firm to distribute some of the pool to shareholders.
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Savings rate rises, interest rates fall
The personal savings rate of Americans is now 3 percent, roughly double that of a year ago. But with interest rates approaching zero, interest income has fallen 7.4 percent a month in the past three months.
Associated Press
Toys R Us starts “Black Friday” on Thanksgiving
Apparently 5 a.m. on the Friday after Thanksgiving isn’t early enough for Toys R Us shoppers. This year, the retail chain will open the doors for its “Black Friday” sale at 12:01 a.m. on Thanksgiving.
CNNmoney.com
From 1 flight per week to 642 flights per week
Twenty years ago, South Korea did so little business with China that only one weekly flight connected Seoul and Beijing. Today, China is South Korea’s top trading partner, and flights to China have soared to 642 per week.
Financial Times
Mary Kay increases sales in China by 20 percent
Mary Kay, the direct-sales cosmetics retailer, has 200,000 representatives in China, fueling a 20 percent rise in sales there this year.
Slate.com
Las Vegas housing market down by 55.4 percent
The most depressed U.S. housing market is Las Vegas, where prices have fallen for 37 straight months. Prices have sunk 55.4 percent from their 2006 peak.
Marketwatch.com
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Israel: Losing the American publicFeature A recent poll finds American support for Israel's military action in Gaza has fallen from 50% to 32%
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Unmaking AmericansFeature Trump is threatening to revoke the citizenship of foreign-born Americans. Could he do that?
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EPA: A bonfire of climate change regulationsFeature The Environmental Protection Agency wants to roll back its 'endangerment finding,' a ruling that lets the agency regulate carbon emissions
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The bottom linefeature Working families continue to struggle; The least-trusted industries; The bestselling vehicle; Mobil device use triples; Global unemployment among the young
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The bottom line
feature The cost of e-filing; Dipping into nest eggs early; What Americans are drinking; Planning for death; How tax refunds are spent
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The bottom line
feature Building bigger houses; And tuition at OSU is?; Christmas at McDonald's; Self-gifting at Christmas; Lloyd’s prepares for Hurricane Sandy claims; Google's billions
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The bottom line
feature Good results for the third quarter; Compensation at financial firms hits a high; Three cities with recovering economies; Good year for car sales; Broadway's best performance ever; Tax bite is less in 2010 than in 1980
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The bottom line
feature Airlines cut domestic flights; Income up in small cities and rural areas; Bond and Lincoln lift box office earnings; Don't be fooled by Black Friday; The high toll of identity theft
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The bottom line
feature The gender pay gap; U.S. economic growth; Parents who argue about money; Online subscriptions rise
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The bottom line
feature Can the U.S. keep up?; Airlines spend billions on runway taxiing; Americans exaggerate their working hours; The Dow Jones's 67.9 percent gain; Success and summer babies
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The bottom line
feature Consumer confidence jumps; Wall Street cuts jobs, raises pay; Goldman Sachs's muppet hunt; Desktop web searches decline; Pizza Hut scraps debate freebie