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Cash is dying, but we aren’t ready to bury it

  The demise of cash is near. As consumers, though, we should hope that the end doesn’t arrive too soon. It isn’t the pandemic that’s putting this popular means of payment out of existence. All that Covid-19 has done is to accelerate a trend that was already with us. When Steve Jobs unveiled the first iPhone in 2007, he began ...

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Fed needs to go beyond doubling its taper rate

  After the hot inflation numbers out of the US, it would be inadvisable and unfortunate if the Federal Reserve were to resist at its policy meeting this week what have become broad-based calls for it to double the rate at which it is tapering its monthly bond purchases. In fact, the Fed should go well beyond that. Sadly, the ...

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Southwest Airlines skeptics are ‘missing the point,’ says CEO

  Bloomberg Southwest Airlines Co executives are pushing back against a rising chorus of analysts who say the company’s days as the airline industry’s disruptive force are over, reined in by higher wages and tougher operational challenges. The carrier known for its no-frills aesthetic and competitive prices is under pressure because its model is being put to the test, 50 ...

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