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What’s the real gender pay gap?

The gender pay gap is back in the news — and may become a major issue in the presidential campaign. It seems an open-and-shut case of job discrimination. Women earn only 79 percent of men’s average hourly earnings. Who could favor that? Actually, the comparison is bogus. A more accurate ratio, after adjusting for differences in gender employment patterns, is ...

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Dubai takes the ‘smart’ dream forward

  The Dubai Smart City project is a brainchild of UAE Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammad bin Rashid Al Maktoum. It started as a dream, but is now taking a concrete shape given the resolve and dedication demonstrated by Sheikh Mohammed to make the project a success. A small port city four ...

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UK is leading a worldwide banking retreat

    U.K. banks are giving new meaning to the term “Brexit”: They’ve been pulling money out of the rest of the world at a pace not seen since the global financial crisis. The latest data from the Bank for International Settlements suggest that financial institutions have been beating a retreat just about everywhere. In 25 countries whose banks report ...

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