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American paychecks just aren’t getting much bigger — unless you’re rich

American paychecks just aren’t getting much bigger — unless you’re rich

Income inequality in the United States worsened in 2019. Earners at the top of the income ladder received the largest increase in their paychecks, according to a report from the Economic Policy Institute. Wages at the 95th percentile grew by 4.5% last year, while the median increase was just 1%. That’s nothing new: The median…MORE

Trump’s bending of justice will have consequences

Trump’s bending of justice will have consequences

President Donald Trump’s determination to bend the justice system threatens what makes America great in ways far beyond the fate of his allies such as Roger Stone. Trump has alarmed diplomats, business leaders and officials in both parties with unbridled legal commentary supporting his allies and maligning his adversaries. This week’s pardon spree for high-profile…MORE

Victoria’s Secret is going private. It’s only worth $1.1 billion

Victoria’s Secret is going private. It’s only worth $1.1 billion

Victoria’s Secret, the troubled lingerie brand owned by L Brands, is being sold to a private equity firm in a $525 million deal. Sycamore Partners and L Brands will split control of the brand: The private equity firm is buying a 55% stake, while L Brands is taking control of the remaining 45%, but Victoria’s…MORE

SZA sounds done with video interviews and photo shoots

SZA sounds done with video interviews and photo shoots

We may be seeing less of SZA from now on. The singer recently appeared on the cover of Rolling Stone for the “Women Shaping the Future” issue with fellow artists Normani and Megan Thee Stallion. The trio look bossed up in all black with the headline “The Takeover” and “Music’s Next Superstars” in a photo…MORE

Morgan Stanley is buying E-Trade for $13 billion

Morgan Stanley is buying E-Trade for $13 billion

Morgan Stanley is buying online broker E-Trade for $13 billion in an all-stock deal, a move that shows how serious the Wall Street giant is about catering to everyday consumers. Shares of E-Trade rose 24% in early trading on the news while Morgan Stanley fell more than 4%. The deal comes nearly three months after…MORE

I-95 Playlist