Economy

Must Read Money Stories, Tuesday, Jan. 27

New York City is spared. After shutting down roads to non-emergency vehicles and closing subways, NYC ended up only receiving a light sprinkling of snow come Monday morning. Eastern Long Island wasn’t as lucky, as parts of Suffolk County received

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Must Read Money Stories, Monday, Jan. 26

Let it snow. The Northeast is preparing for what could be record snowfall on Monday. Airlines preemptively canceled more than 2,000 flights, according to FlightAware, as airports in New York and Boston expect to see blizzard conditions in the storm,

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Millennials and Money: who are the winners?

Millennials have come of age and are set to take over the economy. Here at the Reynolds Center, we want to stay on top of everything to do with millennials. We’re launching a regular series, Millennials and Money, which will

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Must Read Money Stories for Thursday, Jan. 22

Jeff Greene at Davos. The multibillionaire delivered a speech filled with warnings and pessimism about the U.S. economy at the World Economic Forum in Davos on Tuesday. Greene, who traveled to the forum with his family and two nannies on

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Must Read Money Stories, Tuesday, Jan. 20

Work in paradise. Good news for vacationers who can’t unplug while they’re away from the office: co-working spaces doubling as vacation retreats are popping up around the world to cater to workaholics. Some workers even stay at these destinations for

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Must Read Money Stories, Monday, Jan. 19

Uber pitches cooperation in Europe. Uber Chief Executive Travis Kalanick announced on Sunday that the ride-service wants to work with politicians to find ways for it to operate legally in the EU. In looking to find new partnerships with European countries, Kalanick said

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Must Read Money Stories, Thursday, Jan. 15

The ECB’s quantitative easing mystery. It looks like the European Central Bank will attempt some form of QE this year, but it’s unclear how the bank will accomplish this. Will it buy bonds in every eurozone country in equal amounts?

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Cities are balking at funding new sports stadiums

For decades, new sports stadiums have presented taxpayers with a big dilemma. Either they had to shell out hundreds of millions of dollars to bring a new team to their city, or spend equal amounts to keep one from leaving.

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Must Read Money Stories, Wednesday, Jan. 14

Arctic freeze. Remember how oil companies were all hot to start drilling in the Arctic? Looks like that may not be happening after all. Bloomberg reports the collapse in oil prices has changed the calculation. One analyst tells Bloomberg that

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Must Read Money Stories, Tuesday, Jan. 13

First Look Media wants to go for-profit. Pierre Omidyar’s fledgling media company wants to move away from its non-profit status in the near future, according to Ad Week. The company’s only publication, The Intercept, has grabbed a number of scoops

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