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Yellen Caution Lifts Global Stocks

After Federal Reserve Chairwoman Janet Yellen justified a slow rate raise due to global and financial uncertainties, global stocks and commodities like crude oil experienced a boost. For stocks to climb higher still, investors will be looking for improvement on ...

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Wealthy Millennials Changing Luxury Travel

According to FutureCast, nearly one quarter of U.S. adults making more than $500,000 per year are millennials. That’s good news for hotel brands, who have been targeting the demographic due to its collective love of travel, with nearly 80 percent of ...

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Proposed Wage Hike in California Raises Concerns

California’s proposed statewide minimum wage increase to $15 an hour by 2022 has many economists concerned, reports The New York Times. Experts fear that the intended goal of raising living standards could potentially also raise the level of unemployment in ...

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Will Marriott Make Another Starwood Bid?

After nearly completing a deal that took four months of preparation, Marriott International is again at risk of losing Starwood Hotels & Resorts to Anbang Insurance Group. Marriott has now entered round two of a bidding war with Anbang, which ...

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Wealthy Women Boosting Luxury Travel Market

With a rise in the number of women with an ultra-high net worth (think millionaires and billionaires), the luxury travel industry is receiving a bump. These high-earning women are driving a rise in luxury health and wellness holidays and women-only ...

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