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Stocks erase gains, head for big weekly losses after jobs report

Monthly revisions to August’s jobs report showed employment was revised down by a combined 86,000 for the months of June and July. But one economist told Yahoo Finance’s Morning Brief the revisions don’t necessarily point to more weakness. “It just confirms the cooling trend that we all identified,” said Joe …

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The More This Rolex Costs, the More You Want It. Here’s Why

To start with, it’s all about understanding the trade-off between work and free time, explains University College London professor of economics Wendy Carlin. “You work to get income that you can spend on goods and services. As you become better off, we would expect people to both want more free …

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