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London housing market in worst slump since financial crisis

  Bloomberg London’s housing market is in its worst slump since the depths of the financial crisis eight years ago, part of a broader slowdown that may continue. The Royal Institution of Chartered Surveyors said its price balance for the city fell to the lowest since February 2009 last month. It declined to minus 49, indicating that a greater percentage ...

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How middle-class US got fleeced of its wealth

  If you’re a middle-class American baby boomer or Gen Xer, you might have spent much of the past decade wondering what went wrong. If you’re a boomer, there’s a good chance you’re still working well after you thought you’d retire: And if you’re part of Generation X, you’re probably less wealthy than your parents were at the same age. ...

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US president’s H-1B visa curbs might push Indian tech sector

  “Putting American Workers First,” reads the bold headline on the home page of the U.S. Citizenship and Immigration Services, proclaiming: “New Measures to Detect H-1B Visa Fraud and Abuse.” A click through to the April 3 statement outlines steps the agency will take to clamp down on the use of temporary visas for foreign workers in specialty occupations. Among ...

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