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How the richest people lived during World War II

Throughout the political and economic turmoil of World War II, we look at how the lifestyles of the super-rich changed.

Dow rises 150 points after steady jobs report, but still on track for losing week

Stocks opened higher on Friday following the release the latest U.S. jobs report, but still headed for their third straight weekly loss.

U.S. payrolls, wages miss estimates in new sign of downshift

U.S. private hiring was less than forecast in September as wage gains cooled, offering a warning that the record-long expansion may be starting to falter even as the jobless rate fell to a half-century low.

'Feeding frenzy': How New Yorkers plundered the Chicago taxi trade

‘Feeding Frenzy’: How New Yorkers Plundered the Chicago Taxi Trade By Brian M. Rosenthal Photographs by Alyssa Schukar In the fall of 2006, Chicago held an auction to sell taxi medallions, the permits that let people own and operate cabs. Hundreds of bids poured in, including some offering to pay much more than expected. The city raised millions of dollars. Officials declared the sale a success. But there was something strange about the auction:...

Concerns grow about whether consumers will spend as economy weakness spreads

Consumers have so far been a bright spot in an otherwise flagging economy, and economists say this holiday season will be another test of their resilience.

Wall Street has walked away, but private prisons still thrive

Private prison giants CoreCivic and GEO Group have been abandoned by Wall Street and seen their stock prices plummet. 

Hedge fund Darsana slashes Juul's valuation by more than a third

Hedge fund Darsana Capital Partners recently wrote down its investment in Juul by more than a third and now holds it at a price that values the e-cigarette company at $24 billion, said people familiar with the matter.

Malaysia says no talks with Goldman Sachs on recovering funds lost in 1MDB scandal

Malaysia's finance minister on Friday said there are no talks with Goldman Sachs Group Inc on the recovery of billions of dollars of state funds lost via the U.S. bank's former client 1Malaysia Development Bhd (1MDB), local media reported.

BP CEO Bob Dudley to step down, Bernard Looney will succeed

BP chief Bob Dudley will step down from his current role at the end of March next year, the oil giant announced Friday.

UK says will fly back 4,500 people on Friday after Thomas Cook failure

UK CIVIL AVIATION AUTHORITY SAYS 26 FLIGHTS SCHEDULED TO OPERATE OCT 4, RETURNING ANOTHER 4,500 PEOPLE AFTER THOMAS COOK COLLAPSE

Gannett shareholders sue over GateHouse merger profit projections

Gannett Co., the owner of USA TODAY, faces three shareholder lawsuits over financial projections for a merger with GateHouse Media.

HP to cut up to 9,000 jobs in restructuring push

HP estimates that the plan will result in annualized gross run rate savings of about $1 billion by the end of fiscal 2022, it said.

Store closings 2019: A look at the retailers shuttering locations

Bed Bath & Beyond plans to close 60 stores this fiscal year, 20 more than announced in April. The company also operates buybuy Baby and World Market.

5 Top Stock Trades for Friday: AAPL, JPM, SNAP

Apple, JPMorgan, Snap, Proofpoint and the S&P 500 ETF were our top stock trades from Thursday.

Pros and Cons to Buying Ford Stock

Shares are up 16% in 2019, but shorter-term trends are bearish. Is Ford stock a buy going into 2020?

A recession is coming? Nobody told housing stocks

The last U.S. recession in 2008 was triggered by imbalances in the U.S. housing sector, but if there is another downturn in the near future, it may happen in spite of the market for residential real estate.