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Must Read Money Stories, Thursday, Nov. 20
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Must Read Money Stories, Thursday, Nov. 20

The Bill Cosby fallout has begun. NBC, Netflix and TV Land are all backing away from the the 77-year-old comedian after four women have come forward recently accusing him of rape, including model Janice Dickinson, the New York Times reports. NBC was developing a pilot with Cosby that would have brought him back to primetime, […]

Must Read Money Stories, Tuesday, Nov. 18
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Must Read Money Stories, Tuesday, Nov. 18

  Japan’s economy has taken an unexpected downturn. FiveThirtyEight writes that 18 economists predicted the country’s economy would have a third quarter upswing — instead, it contracted by 1.6 percent. Ben Casselman said Japan’s shrinking GDP, which also experienced a 7.3 percent contraction earlier this year, is indicative of a recession, and that’s bad news for […]

Must Read Money Stories for Thursday, Nov. 13
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Must Read Money Stories for Thursday, Nov. 13

The Federal Communications Commission has the GOP breathing down its neck. FCC chairman Tom Wheeler is being squeezed from both sides of the aisle: President Obama came down strongly in favor of net neutrality earlier this week, and now Republicans are urging Wheeler to not overstep his authority, the New York Times reports. The House […]

The murky economics of hosting major sporting events
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The murky economics of hosting major sporting events

Ever since major cities started forking over millions to build stadiums, the economics of professional sports investment have been controversial. The payoff of hosting the olympics is a common debate for this topic; countries and cities spend billions to build stadiums and facilities that are often neglected after the event, and the true economic lift […]

Must Read Money Stories Thursday, Oct. 30
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Must Read Money Stories Thursday, Oct. 30

Low oil prices could have a significant impact on Iran nuclear talks. The New York Times’ Thomas Erdbrink reports that Western negotiators are recalculating their negotiation tactics to account for this “new wild card.” Iranian president Hassan Rouhani was elected largely on the promise that he’d negotiate with the West and lift crippling sanctions on […]

Must Read Money Stories, Tuesday, Oct. 28
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Must Read Money Stories, Tuesday, Oct. 28

Twitter hit of all its Q3 numbers, but Wall Street still isn’t happy. The social media company had $361 million in revenue and its active users rose to 284 million — which was in line with expectations — but its stock still fell by 10 percent on Monday. Recode says this drop can be attributed […]

Must Read Money Stories Friday Oct, 24
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Must Read Money Stories Friday Oct, 24

The dominant online retail model takes a hit. Sure, sure, it’s earnings season, and every morning there’s a new quarterly report to digest, which may or may not have any impact on anyone’s lives beyond today. But the reaction to Amazon’s earnings yesterday is something worth watching. First, as the Wall Street Journal reports, it […]

Must Read Money Stories Thursday, Oct. 23
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Must Read Money Stories Thursday, Oct. 23

On Wednesday, a group of major companies pledged to offer their workers discounted solar systems. The New York Times reports that Cisco Systems, 3M, Kimberly-Clark and National Geographic will extend these solar benefits to its employees. Solar Community Initiative — a Geostellar program conceived by the World Wildlife Fund — will give more than 100,000 […]

Must Read Money Stories Wednesday, Oct. 22
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Must Read Money Stories Wednesday, Oct. 22

Low credit? You’ll pay more. The New York Times reports this morning that several states have recently passed laws allowing higher interest rates and fees on customers with low credit scores. The states include Missouri, Kentucky, Arizona, Indiana, Florida and North Carolina. In North Carolina, higher fees and rates were initially opposed by an unlikely […]