Amber Heard Ditches Acting Career, “Quits” Hollywood

Amber Heard Ditches Acting Career, “Quits” Hollywood

After seven years of drama, bad press, and legal trouble, it seems like Amber Heard is officially ditching Hollywood. Professionally known for her work in Aquaman (2016) and its upcoming sequel Aquaman and the Lost Kingdom (2023), as well as Pineapple Express (2008), Zombieland (2009), and Magic Mike XXL (2015), Heard’s name started cropping up more in the media after …

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Kevin Costner reportedly quits Yellowstone, capping months of feuds

Kevin Costner reportedly quits

Kevin Costner isn’t coming back to Yellowstone after season 5, according to a report from Entertainment Tonight. The star, who helped turn Yellowstone into a phenomenon, will reportedly leave the series after the season that’s currently in production. This reported split comes after months of rumors and reports of feuds behind the scenes of one of the most popular shows …

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US minimum wage by year

US minimum wage by year

When President Franklin D. Roosevelt signed America’s first federal minimum wage into law in 1938, it was 25 cents per hour. Adjusted for inflation, that would be worth about $4.45 today. Scroll over the chart to see the US federal minimum wage through history, and what it would be worth in today’s dollars. Source: Bureau of Labor Statistics and Department …

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Countries with higher wages than U.S.

Countries with higher wages than U.S.

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. …

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Lehman Brothers: When the financial crisis spun out of control

Lehman Brothers: When the financial crisis spun out of control

Editor’s Note: This story originally published on September 14, 2018. New York CNN Business  —  Legendary investment bank Lehman Brothers was on fire — and no one was coming to put it out. Bank of America refused to rescue the 158-year-old Wall Street firm without support from Uncle Sam. The British government wouldn’t let Barclays (BCS) buy Lehman Brothers and …

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These countries are most vulnerable to the emerging market storm

These countries are most vulnerable to the emerging market storm

1. Trouble in paradise: For the past decade, a river of easy money rushed into emerging markets. Now that powerful force is reversing. Rising interest rates, along with trade wars, have started a stampede out of some emerging markets. The Turkish lira and Argentine peso have crashed, while China’s stock market is stuck in a bear market. Problems long masked …

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Corporate America is spending more on buybacks than anything else

Corporate America is spending more on buybacks than anything else

For the first time in a decade, Corporate America is steering more money into stock buybacks than investing in the future. S&P 500 companies rewarded shareholders with $384 billion worth of buybacks during the first half of 2018, according to a Goldman Sachs report published Friday. That big bonanza for Wall Street is up 48% from last year and reflects …

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Business leaders at China’s ‘Davos’ warn of damaging deadlock

Business leaders at China's 'Davos' warn of damaging deadlock

Business leaders and officials in China say that Beijing is ready to dig in for a war of attrition with the United States on trade. The Trump administration launched its biggest barrage of tariffs yet just as top executives and policymakers were gathering for the start of a World Economic Forum event in the northern Chinese city of Tianjin on …

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Investors are starting to worry about the economy

Investors are starting to worry about the economy

Wall Street doesn’t seem to care about the escalating trade war between the United States and China. The Dow jumped 175 points and the Nasdaq climbed 1% on Tuesday despite Washington and Beijing pushing ahead with another round of punishing tariffs. Investors are betting the US economy will continue to power ahead of the rest of the world. Yet beneath …

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