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Most workers have held off the machines so far

  One of the scariest questions in economics is whether human labor will someday be made obsolete by machines. Consultants and academics put out reports telling you how likely you are to lose your job to a robot. Economists argue back and forth about whether it’s possible for humanity to go the way of the horse. Technology industry leaders boldly ...

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Clock expires on debt-laden retailers’ borrowed time

  It’s been nearly 10 years since the Great Recession zapped consumers’ jobs, 401(k)s and spending, sending retailers into a tailspin and megastores like Circuit City and Linens ‘n Things out of business. For retailers, the mantra became “only the strong will survive.” But here we are, a decade later, and another wave of retailers from The Sports Authority to ...

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Social networks are becoming too viral!

  The man who set up the most popular social network in Russia axed all of his online friends in one fell swoop on Monday. Having them, he wrote, was so 2010. That may be a sign of the times: Predictions from a few years ago that social networks would lose ground to messenger apps appear to be coming true. ...

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