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.

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.

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.

E-Cigarettes Pose 'Major' Risks, Surgeon General's Report Warns

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The U.S. Surgeon General called surging e-cigarette use by children and young adults “a major public health concern” and recommended increased regulation and taxation of the products in a report set to be released Thursday.

Rust-Belt Debt Hangs Around Beijing's Neck

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Good times won’t last in China’s worst-off, old-economy provinces dominated by steel and coal.

U.S. Household Net Worth Reached Record $90.2 Trillion in Third Quarter

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The wealth of U.S. households climbed to a record $90.2 trillion in the third quarter, driven by a powerful buildup in both real estate and stocks.

'Super Mario Run' for iPhone Signals New Era for Nintendo

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When Nintendo launches “Super Mario Run” on Apple mobile devices next week, it will be among its boldest moves yet to stay relevant in the fiercely competitive videogame market.

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.

Lego CEO Sees Potential for Brand in Digital Products

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Lego’s top boss says in his new role he would like to expand Lego into uncharted business territory, while also avoiding putting the brand name in the wrong places.

Trump Expected to Name Fast-Food Executive Andy Puzder as Labor Secretary

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President-elect Donald Trump is expected to name fast-food executive Andy Puzder as labor secretary, according to people familiar with the decision.

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