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New immigration’s face changes the housing market

  The twin shortages plaguing the U.S. in 2016 — a shortage of cheap service labor, and a shortage of affordable housing — are products of the same little-noticed trend: For decades, the education level of immigrants has been rising. A recent report from the National Academies of Sciences, Engineering, and Medicine entitled “The Economic and Fiscal Consequences of Immigration” ...

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Economics can teach you how to dine as a couple

  Marriage counsellors tell us that couples frequently tie the knot without discussing the core matters that can cement or sunder their marriage: finances, children, religion. Well, let me add one under-discussed biggie to the list: restaurant dining. I am eternally astonished to find not only that many couples I know failed to discuss this key area before they marched ...

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Sliding pound lifts London stocks

  London / AFP The British pound slumped to a three-year low against the euro on Monday in reaction to news that Britain would begin Brexit negotiations by March. However better-than-expected British manufacturing data, ironically thanks to recent strong falls for the pound, helped London’s benchmark FTSE 100 stocks index to jump by 1.2 percent in morning trade. Sterling dropped ...

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