The city of Chicago’s pension funds only generated $90 million in investment income but paid retirees $999 million in 2015, according to Chicago City Wire. Chicago is just one of several cities or states facing a crisis in which pension ...
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Walmart Is Plunging (And 5 Other New Reasons The Economy Should Frighten You)
Walmart’s management team dropped a financial bombshell this week that sent US stock prices tumbling, revealing that sales will remain flat at the world’s largest retailer and earnings could drop by 6 to 12 percent. That led to it having ...
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