Barely Half of 30-Year-Olds Earn More Than Their Parents

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About 51% of American 30-year-olds earn more than their parents did, an enormous decline from the early 1970s and even rapid economic growth won’t do much to reverse the trend.

Big Brands Help Fund Fake-News Sites

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Ads from well-known companies often appear on sites with false or misleading news, helping them generate tens of thousands of dollars in monthly revenue.

Tweaks but No Tapering From ECB

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Markets have no excuse for a ‘taper tantrum.’ ECB purchases should continue for a long time yet.

How Trump's Web of LLCs Obscures His Business Interests

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Donald Trump uses a web of privately held LLCs and other entities to house his assets—everything from real estate to a vintage carousel in Manhattan’s Central Park—making it impossible to gauge the full extent of potential conflicts he may face as president.

Time Inc. Hires Banks to Help Field Takeover or Partnership Interest

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Time Inc. hired banks to help field takeover or partnership interest after the country’s largest magazine publisher received overtures from a group of media investors including Edgar Bronfman Jr.

Michael Jordan Scores China Win

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NBA great Michael Jordan has claimed a victory in China, with the nation’s high court ruling that a Chinese sportswear company can’t sell merchandise using his name in Chinese characters.

Glencore Cements Russian Connections With Rosneft Deal

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Glencore’s move to take a stake in Russian oil producer Rosneft appears to be a victory for the Swiss commodity trader in a market it once dominated.

Big Spenders: Businesses on the Cusp of Capital-Spending Rebound

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Companies have been reluctant to spend, but rising stock-market optimism, labor costs and profits may be about to change that.

Transportation Department Weighs Allowing Phone Calls During Flights

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Federal regulators are considering allowing airline passengers in coming years to routinely make phone calls during flights—so long as travelers are warned in advance about potential midair distractions.

Companies on Climate: Trump or No, Still Cutting Emissions

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Many big corporations continue to back efforts to cut carbon emissions, vowing to stay the course despite the election of Donald Trump, who has promised to dismantle President Obama’s climate agenda.

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