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The surging U.S. economy is delivering higher incomes to millions of Americans, especially with ultra-low unemployment forcing companies to offer better pay and benefits. Individual incomes in the 50 U.S. states increased at...

HONG KONG/SINGAPORE (Reuters) – Japan M&A volumes are set to break a 19-year-old record and steal the spotlight in Asia this year from cooling Chinese deals, led by blockbuster takeovers such as Takeda Pharma’s (4502.T) $62 billion swoop on British drugmaker Shire (SHP.L). FILE PHOTO: Logos of Japanese Takeda Pharmaceutical Co are seen at an office...

Speaking to the U.S. Senate Judiciary Committee on Thursday morning, Dr. Christine Blasey Ford spoke in measured terms about the most painful of subjects....

CHICAGO (Reuters) – This month marks 10 years since one of the most dramatic events of the financial crisis – the collapse of the Lehman Brothers investment bank. In the financial crash and Great Recession that followed, millions of Americans lost their homes and jobs and saw their prospects for a secure retirement damaged. Retirees greet each other...

Public perception of investment banks has improved since the financial crash in 2008, but hasn’t returned to pre-recession levels. Slightly more American...

CHICAGO (Reuters) – Douglas Boneparth will never forget the terrified financial planning clients he counseled after Lehman Brothers collapsed 10 years ago. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., September 18, 2018. REUTERS/Brendan McDermid/File Photo “There were emotional outbursts; there were...

Shares of Square Inc. soared Tuesday after an analyst said that the company is doing for the payments sector what Facebook Inc., Amazon.com Inc., Netflix...

LONDON (Reuters) – Hedge funds are betting big against sterling, the most since May last year. And following last week’s Brexit debacle in Salzburg, that bet will probably be even bigger now, closing in on the largest on record. FILE PHOTO: Pound notes and coins are seen inside a cash register in a bar in Manchester, Britain September 6, 2017. REUTERS/Phil...

CHICAGO (Reuters) – The U.S. Internal Revenue Service hoisted a big red-flag warning to retirees earlier this month: take a look at how much income tax you are paying throughout 2018, because the amount could need an adjustment in the wake of the new federal tax law. FILE PHOTO: A sheet of United States one dollar bills is seen on a light table during production...