Affordable Starter Homes Prove Increasingly Elusive

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Five years into the housing recovery, one crucial segment of single-family construction has yet to materialize: starter homes.

Vedanta's Debt Solution Merely a Rest Stop to Salvation

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Vedanta has put off its near-term debt maturities through various maneuvers, but its tangle of debt will keep the company in a stranglehold.

Stuck at Zero: The Long-Term Challenge for Investors

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The length of time investors face zero or negative rates is just as important as the level of rates.

The Jobs Report: Gauging Underappreciated Strength

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The labor market’s momentum shouldn’t be overlooked by investors and the Federal Reserve ahead of Friday’s jobs report.

U.K. Retail Sales Spell Gloom for High Street

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Retail sales on the U.K. high street plunged 6.1% in April compared with a year earlier, accounting firm BDO said.

Push for $15 Raises Pay---And Tensions

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The growing push to raise minimum hourly pay to as much as $15 per hour is creating new issues in the workplace: While some of America’s lowest-paid workers will get fatter paychecks, others may feel underpaid.

GM, Lyft to Test Self-Driving Electric Taxis

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GM and Lyft will begin testing self-driving Chevrolet Bolt electric taxis on public roads within a year, as the companies seek to fight off Silicon Valley giants amid a reshaping auto industry.

Brash Magazine Takes On Japan's Mainstream Media

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Japanese magazine Shukan Bunshun is working to bridge the divide between gossipy weekly magazines and the media establishment, with a string of attention-grabbing scoops that have turned out to be accurate.

Trump Says He Would Replace Yellen

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Donald Trump, the presumptive Republican presidential nominee, said on CNBC he would “most likely” replace Federal Reserve Chairwoman Janet Yellen if elected.

Cumulus CEO Aims to Revive Radio Broadcaster

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Cumulus Media’s new chief executive, Mary Berner, is working hard to change the corporate culture at the radio broadcaster, which is battling declining revenue and struggling with $2.5 billion in debt that starts coming due in three years.

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