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Sales are down across the board for many luxury goods retailers. Now, more than in previous years, it has become looked down upon to flaunt wealth, even for those who are still wealthy.
In places like New York’s Fifth Avenue retailers are putting their luxury brands …

Once Hillary Clinton takes the secretary of state office in January, her New York Senate seat will be empty. This leaves the governor to appoint someone to the seat.
While her decision to put herself in the running for the seat will not guarantee an appointment, …

This coming up week expect the Big 3 to be back on Capitol Hill this week asking for a loan on Tuesday. On Wednesday the Federal Reserve will release the Beige Book and on Thursday interest rates will be released by the Bank of England …

The same bad debt and problems that brought about the residential mortgage crisis may soon bring about the commercial real estate bust.
Malls across the country are being forced into foreclosure, as well as hotels and other commercial properties.
A problem facing commercial mortgages is that, …

Wall Street Journal’s Brett Arends and Dow Jones Newswires’ Simon Constable give a little humor to holiday shopping with 12 ideas for inexpensive holiday gifts from a New York perspective.
Some of the ideas are useful, like giving a Starbucks gift card (so the receipent can …