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29m A computer failure at British Airways causes chaos
The Economist
BRITISH AIRWAYS usually relishes the spring bank-holiday weekend, as families take advantage of the extended break to jet off somewhere pleasant. This year's won't end soon enough for the airline. A catastrophic computer failure on May 27th grounded over a thousand flights and caused chaos for flyers.   The incident, which was reportedly related to a power failure rather than a cyber attack, will raise questions about the company's IT system. But for those caught up in the turmoil, it will simply confirm how the service standards of this national airline have deteriorated. Indeed in some respects it showed a chilling disregard for customers. Your correspondent's own experience at Heathrow was far from the worst. Many passengers were stuck overnight thanks to missed connections. We arrived at Terminal 5 at 8.30am on Sunday for a 10.55am flight to Berlin. By then police were only letting some passengers in to avoid overcrowding. Inside there was a huge queue that snaked across the terminal. This turned out not to be...
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Class of 2017: Get a jump on adulthood with these 7 tips34m Class of 2017: Get a jump on adulthood with these 7 tips
USA Today
College prepares students to be everything, but not all students learn basic money management skills.
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48m Updated 6 things NOT to buy at Memorial Day sales
Market Watch
You might get a good deal on a mattress, but wait to buy these items.
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49m British Airways battles third day of disruption, image blow after IT meltdown
Reuters
LONDON (Reuters) - British Airways was battling its third day of disruption on Monday after a global computer system failure stranded thousands of passengers over a holiday weekend and turned into a public relations disaster.
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1h 16m Updated Market Extra: With stocks and bonds looking pricey, investors see little that’s appetizing
Market Watch
For years, a key driver for U.S. stocks has been the idea that, no matter what potential headwinds there may be, they were more attractive than bonds. But now, with major equity indexes at records and valuations stretched by many metrics, that argument have become less compelling.
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1h 17m BMW says shortage of parts from Bosch hampers production
Reuters
FRANKFURT (Reuters) - German carmaker BMW said a shortage of steering gears supplied by Robert Bosch [ROBG.UL] slowed production of its 1 series, 2 series, 3 series and 4 series BMW models and caused stoppages at its plants in South Africa and China.
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1h 29m Updated Asia Markets: Asian markets shrug off latest North Korean missile test
Market Watch
Global equity markets had a muted beginning to the week, with holidays set to slow activity world-wide, as investors shrugged off North Korea’s latest missile launch.
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2h Key Words: Trump says Jared Kushner is ‘doing a great job’
Market Watch
President Donald Trump returned to the U.S. over the weekend and leaped to the defense of recent reports that his son-in-law may have tried to set up a secret line of communications with the Russians.
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2h Italian bank worries leak into second week
Reuters
LONDON (Reuters) - Concerns over Italy's banks and Britain's national election campaign dominated holiday-thinned European financial markets on Monday, prodding stock markets lower after Asian share indices fell back off 2-year highs.
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2h Market Snapshot: U.S. stock futures inch higher ahead of packed data week
Market Watch
U.S. stock futures post mild gains in holiday-thinned trade on Monday, ahead of a heavy week on the data front including consumer-confidence and nonfarm-payrolls numbers.
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3h Europe Markets: European stocks slip in thin volumes with U.K., U.S. markets closed
Market Watch
European stocks kicked off the week in slightly negative territory on Monday, with market holidays in the U.S. and U.K. denting trading volumes.
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3h Futures Movers: Oil prices flatten out as investors ponder what’s next after OPEC meeting
Market Watch
Because of holidays Monday in China, the U.K. and the U.S., trading is set to be thin throughout Monday’s global session. That, though, could exacerbate movements one way or the other.
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Craft soda makers add fizz to flat soft drink sales3h Craft soda makers add fizz to flat soft drink sales
USA Today
Unusual flavors, healthier ingredients and the local distribution make it a hit.
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3h Updated Dollar edges up, markets take North Korea missile test in stride
Reuters
TOKYO (Reuters) - The dollar edged higher against a basket of currencies on Monday, moving away from last week's 6-1/2-month lows and shrugging off news of North Korea's latest missile test as investor attention turned to the Federal Reserve's expected interest rate hike next month.
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4h Futures Movers: Oil prices flatten out as investors ponder the post-OPEC meeting market
Market Watch
Because of holidays Monday in China, the U.K. and the U.S., trading is set to be thin throughout Monday’s global session. That, though, could exacerbate movements one way or the other.
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5h Updated The Tell: The best investing books: 3 you may have heard of and 3 you probably haven’t
Market Watch
In a Wall Street world where quants rule, “black swans” lurk, and everybody and their mother-in-law has easy, low-cost freedom to access markets and whittle their portfolios to scraps, the guiding hand of some time-tested words can make all the difference.
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5h This bank is betting that boat racing will bring in the millennial customers
CNBC
Singapore-based bank DBS is hoping an aquatic event can help it ride the millennial wave.
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5h Futures Movers: Oil prices drift south as investors ponder the post-OPEC meeting market
Market Watch
Because of holidays Monday in China, the U.K. and the U.S., trading is set to be thin throughout Monday’s global session. That, though, could exacerbate movements one way or the other.
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5h Asia stocks drift down from 2-year highs, pound nurses losses
Reuters
TOKYO (Reuters) - Asian stocks handed back earlier modest gains and drifted lower on Monday, running short of incentives to push past two-year highs with many key markets closed for holidays.
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6h Updated Market Extra: When do markets close for Memorial Day?
Market Watch
U.S. financial markets will be closed Monday for Memorial Day, but a host of other markets from oil futures to metals will have revised schedules.
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6h S.F. Express Needs UPS Tie-Up to Deliver
The Wall Street Journal
S.F. Express needs a tie-up with UPS to go very well to justify its sky-high valuation.
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6h Updated The Number One: The U.S. is the most obese nation in the world, just ahead of Mexico
Market Watch
The U.S. is the fattest nation in the world, according to a survey by the Organization for Economic Cooperation and Development and by 2030, the obesity rate could be close to 50%.
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6h Updated Chipotle’s data breach: How to tell if you may have been a victim
Market Watch
Chipotle updates on the data breach at some of its restaurants in the spring, giving dates and locations of restaurants affected.
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7h Trump makes puzzling statements in pair of policy tweets
Market Watch
President Donald Trump unleashed a flurry of tweets Sunday as he returned from his first overseas trip as president, culminating with a pair that appear to contradict or overstate White House plans.
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8h Asia stocks edge up on firmer Wall Street, pound nurses losses
Reuters
TOKYO (Reuters) - Asian stocks edged up on Monday, taking cues from Wall Street shares hovering around record highs, while the pound nursed losses after a poll showed a shrinking lead for Prime Minister Theresa May's party in Britain's upcoming elections. MSCI's broadest index of Asia-Pacific shares outside Japan was a touch higher.
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9h The Wall Street Journal: Goldman buys $2.8 billion in Venezuela bonds
Market Watch
Goldman Sachs Group Inc. bought about $2.8 billion in Venezuelan bonds that had been held by the oil-rich country’s central bank, a lifeline to President Nicolás Maduro’s embattled government as it scrambles to raise funds in the midst of widening civil unrest.
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9h As Fed raises rates, aim is not to roil markets, Williams says
Reuters
(Reuters) - The U.S. economy is at or near the Federal Reserve's goals of full employment and stable prices, San Francisco Fed President John Williams said, adding that the U.S. central bank wants to make sure markets stay calm as it slowly returns interest-rate policy to normal.
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9h The New York Post: Navy skydiver dies in Hudson River after parachute fails to open
Market Watch
A Navy SEAL and elite parachutist was fatally injured Sunday afternoon during an event for Fleet Week in Jersey City, after his chute apparently failed to open, Navy officials said.
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11h Dollar steady, markets take North Korea missile test in stride
Reuters
TOKYO (Reuters) - The dollar was steady in early Asian trading on Monday, holding well above last week's 6-1/2-month lows and taking news of Pyongyang's latest missile test in stride.
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11h Updated ‘Pirates’ sequel finds box-office gold as ‘Baywatch’ sinks
Market Watch
The latest “Pirates of the Caribbean” sequel cruised to the top spot at the box office in its opening weekend, while the much-hyped “Baywatch” reboot sank.
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11h Asia steady on firmer Wall Street, pound nurses losses
Reuters
TOKYO (Reuters) - Asian stocks steadied early on Monday, taking cues from Wall Street shares hovering around record highs, while the pound nursed losses after a poll showed a shrinking lead for Prime Minister Theresa May's party in Britain's upcoming elections. MSCI's broadest index of Asia-Pacific shares outside Japan stood little changed.
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11h The New York Post: Suspect in deadly Portland rampage identified as rabid racist
Market Watch
The man accused of stabbing and killing two passengers aboard a train in Portland, Ore. — after they tried to stop him from shouting anti-Muslim threats at two teen girls — was identified by police Saturday as a rabid racist and felon.
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Burger King upsets king of Belgium with ad campaign12h Burger King upsets king of Belgium with ad campaign
USA Today
Burger King’s latest ad campaign did not sit well with Belgium’s King Philippe. Maria Mercedes Galuppo (@mariamgaluppo) has more.
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12h The Wall Street Journal: Manchester bombing accomplices ‘potentially’ still at large
Market Watch
Members of the terrorist network behind last week’s suicide bombing in Manchester could still be at large, U.K. Home Secretary Amber Rudd said Sunday, as police made another arrest in their fast-moving investigation.
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13h Uber co-founder Travis Kalanick’s mother killed in boating accident
Market Watch
Uber Technologies Inc. chief executive and co-founder Travis Kalanick’s mother was killed and his father seriously injured in a boating accident Friday.
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14h Key Words: Merkel: Europe must fight for its own future, not rely on U.S., U.K.
Market Watch
German Chancellor Angela Merkel warned Sunday that Europe could no longer completely depend on the U.S. and the U.K., and that the European Union must make its own destiny.
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14h Updated NewsWatch: Why one hedge-fund titan is bracing for ‘all hell to break loose’ in the stock market
Market Watch
Billionaire investor Paul Singer has a bleak outlook for Wall Street and has built a $5 billion rainy-day fund in preparation for what he describes as “all hell” to be loosed upon the world.
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14h The Wall Street Journal: U.S. moves to ‘annihilation tactics’ to eliminate Islamic State
Market Watch
The U.S. has switched to “annihilation tactics” against Islamic State in Iraq and Syria, surrounding fighters instead of moving them from one spot to another, the defense secretary said Sunday.
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14h The Wall Street Journal: Trump returns home, rails on Twitter against leaks, ‘fake news’
Market Watch
Back on American soil from his first foreign trip, President Donald Trump on Sunday released a flurry of Twitter posts dismissing White House leaks as “fake news,” though he has previously called for an investigation into leaks.
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15h The Wall Street Journal: U.S. may extend laptop ban to all international flights
Market Watch
Homeland Security Secretary John Kelly said Sunday he may ban laptops from cabins on all international flights in and out of the U.S. to prevent terrorist attacks in the air.
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15h Updated Russia squares up to Boeing, Airbus with maiden jet flight
Reuters
MOSCOW (Reuters) - Russia carried out the maiden flight of its new MS-21 medium-range passenger plane on Sunday, its first post-Soviet foray into production of a mainline commercial aircraft which it hopes will rival those of its Western competitors.
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Investing: 3 reasons most stock pickers don’t beat the market15h Investing: 3 reasons most stock pickers don’t beat the market
USA Today
It’s always been tough to be a successful stock picker on Wall Street.
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15h Updated The Tell: Why one hedge-fund titan is bracing for ‘all hell to break loose’ in the stock market
Market Watch
Billionaire investor Paul Singer has a bleak outlook for Wall Street and has built a $5 billion rainy-day fund in preparation for what he describes as “all hell” to be loosed upon the world.
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Pepsico eyeing coconut water company: Report18h Pepsico eyeing coconut water company: Report
USA Today
The soda giant reportedly wants to buy Vita Coco.
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3 ways to lose all of your money in the stock market18h 3 ways to lose all of your money in the stock market
USA Today
Investing doesn't have to be a losing proposition, but you can make it that way with these three strategies.
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19h Updated Get your kids to play these sports to boost their chance at a college scholarship
Market Watch
Find out if your child should be wielding a tennis racket or a fencing epee — or both.
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19h These are the U.S. sports scholarships most likely to go to foreigners
Market Watch
A third of all U.S. tennis scholarships go to athletes from other countries.
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19h Bottled water is now more popular than soda — why you should avoid both
Market Watch
U.S. consumers spent $21 billion on bottled water last year.
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19h Why you shouldn’t order ice on a flight, and other ‘dirty little secrets’
Market Watch
Hotel comforters are rarely changed and never press ‘unsubscribe’ on an email.
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19h In One Chart: This is how most Americans would like to die
Market Watch
Compared to Japan and Europe, the U.S. has a different approach to death and aging.
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19h Updated There’s a 20-year gap in life expectancy for people living in these parts of the U.S.
Market Watch
This is where life expectancy is longest (and shortest) for Americans.
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19h Updated The lower your self-esteem, the flashier your credit cards
Market Watch
New research says platinum credit cards are more popular than those with identical benefits.
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19h Updated The sad reason half of Americans don’t take all their paid vacation
Market Watch
Some 54% of employees make this mistake because they believe they’ll be replaced.
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19h Updated Eating chocolate may be good for your heart (and your relationship)
Market Watch
This research looked at the eating habits and cardiovascular histories of 55,500 people.
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19h Updated This is why women get a raw deal on student debt
Market Watch
It takes women about two years longer than men to pay off student loans
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19h Updated Baby boomer congressman: The way I paid for college is ‘very different from what we see today’
Market Watch
Rep. Scott Peters introduced a bill that he hopes will make life easier for today’s student loan borrowers
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19h Updated Is wine the secret to get millennials and baby boomers to stop whining about each other?
Market Watch
Activists hope a happy hour can bring the two groups together.
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19h Updated This is how security for music concerts will change in the aftermath of the Manchester terrorist attack
Market Watch
The explosion after an Ariana Grande concert reveals the security weaknesses of major venues.
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19h Updated Young, married women should learn this skill
Market Watch
It isn’t enough to occasionally check an account — you need to be proactive about money.
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19h Updated 3 out of 4 American children in families rely on their mothers’ salaries
Market Watch
Whether married, cohabitating or single, moms have much lower salaries than their male counterparts.
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19h Economic Preview: The economy seems frozen in time, but underneath the ice the water is warming
Market Watch
A new pro-business president, record stock-market prices and the highest level of consumer confidence in years shows a lot has changed for the U.S. economy in 2017. But one thing hasn’t: growth is still pedestrian. Another healthy increase in hiring in May won’t change that.
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Craft soda makers adds fizz to flat soft drink sales19h Updated Craft soda makers adds fizz to flat soft drink sales
USA Today
Unusual flavors, healthier ingredients and the local distribution make it a hit.
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19h Updated The most expensive city in the world is NOT New York or San Francisco
Market Watch
Many of the costliest cities are located in Asia and Europe.
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19h Updated This is why you shouldn’t lie to a future employer about your salary
Market Watch
‘What did you earn at your last company?’ is becoming an increasingly contentious question.
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19h Updated Read this before jumping into a swimming pool this summer
Market Watch
The Centers for Disease Control and Prevention has issued a warning about recreational water.
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How to hang onto your email if you change your name19h How to hang onto your email if you change your name
USA Today
You can keep your account but not your 'handle' - but it can be tricky.
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19h Updated When Bill Gates and Mark Zuckerberg sound the same dire warning about jobs, it’s time to listen
Market Watch
The founders of Microsoft and Facebook have cautionary words for the Class of 2017.
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19h Updated The Moneyologist: Who wins under the law — a beneficiary on a life insurance policy or on a divorce decree?
Market Watch
This woman wonders whether her ex-husband has violated the terms of their divorce decree.
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19h Updated The Moneyologist: Is my golfing buddy the cheapest guy in America? He asked me to Venmo him $1.50
Market Watch
This man insisted on receiving half of a $3 reservation fee after they played a game.
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19h Updated This country has the most financially literate teens — and it’s NOT the U.S.
Market Watch
America didn’t even crack the top 5 when it comes to financial literacy among teenagers.
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19h Updated Where do you get better deals — Costco or Amazon?
Market Watch
Sometimes it’s important to see and feel the product in person.
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21h Unannounced, new Russian passenger plane completes maiden flight
Reuters
MOSCOW (Reuters) - Russia completed the maiden flight of its new MS-21 medium-range passenger plane on Sunday, its first foray into mainline commercial aircraft since the collapse of the Soviet Union.
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21h Supply problems hit production at BMW: Focus
Reuters
FRANKFURT (Reuters) - Problems at one of its suppliers has forced German carmaker BMW to halt production in Leipzig and could hit its plants in China and South Africa, German magazine Focus reported in its online edition.
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Beer Man: Yozu fruit brings dull flavors21h Beer Man: Yozu fruit brings dull flavors
USA Today
Lime notes from yuzu don't lift Fugli India Pale Ale and Tropic of Yuzu.
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Susan Tompor: Does a fatter 401(k) make a baby boomer ready to retire?21h Susan Tompor: Does a fatter 401(k) make a baby boomer ready to retire?
USA Today
Fidelity Investments said its average retirement balances are at record levels. Some of that increase can be attributed to the bull market.
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15 zip codes with the most underwater properties23h 15 zip codes with the most underwater properties
USA Today
Nearly a tenth of homes with a mortgage in the United States were considered “seriously underwater” at the end of the first quarter of 2017.
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How to take the heat off your summer budget24h How to take the heat off your summer budget
USA Today
With a little work now, you can enjoy the hot season and avoid pinching pennies in the fall.
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25h Updated Switch it up this year: Buy in May, till November stay
Reuters
NEW YORK (Reuters) - "Sell in May and go away" is perhaps the oldest saw on Wall Street, but it appears there's no shortage of U.S. mutual funds doing exactly that this year.
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Hatchback cars stage a comeback26h Hatchback cars stage a comeback
USA Today
The underappreciated hatchback body style is enjoying a minor renaissance
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