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Wall Street is carving out fresh records and laying waste to bears but the success of U.S. stock benchmarks against losses in other parts of the globe has drawn investor’s attention. See full story.
These Sears and Kmart stores will start liquidation sales as early as next week
Sears provides a list of 46 unprofitable stores, across 28 states, that it will close in November, with liquidation sales beginning as early as Aug. 30. See full story.
‘The corporate-governance disaster that is Tesla continues,’ says one of the fiercest critics of Musk and company
Jim Chanos, the prominent investor at hedge-fund Kynikos Associates, has some choice words for Tesla Inc., and its board, a day after the electric-car maker’s CEO Elon Musk put the kibosh on a plan to take the company from out of public hands. See full story.
Another inflation gauge is set to enter the red zone, but no worries at the Fed. Here’s why
Yet another key measure of U.S. inflation could soon hit the highest level in six years, but don’t expect the head honcho at the Federal Reserve to get uptight. See full story.
Sen. John McCain has died at 81
Sen. John McCain, an admiral’s son whose rebellious streak nearly got him expelled from Annapolis but helped him survive North Vietnamese torture and rise to the top of the Republican Party, has died. See full story.
MARKETWATCH PERSONAL FINANCE
New data reveal how much Americans in each income bracket have put away for a rainy day. See full story.
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