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New York’s vanishing shops and storefronts: ‘It’s not Amazon, it’s rent’

Vacant storefronts are becoming more noticeable in the capital of consumption, as small retailers are being pushed out by wealthy investorsWalk down almost any major New York street say Fifth Avenue near Trump Tower, or Madison Avenue from midtown to the Upper East Side. Perhaps venture down Canal Street,

Nobel Economist Thaler Says He’s Nervous About Stock Market

A buoyant and complacent stock market is worrying Richard H. Thaler, the University of Chicago professor who this week won the Nobel Prize in economics.“We seem to be living in the riskiest moment of our lives, and yet the stock market seems to be napping,” Thaler said, speaking by phone

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