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Jewish Entrepreneurs, Business Owners & Employees Unite at Annual LTB...
Rockleigh, NJ – On Tuesday, July 8th, an oversized crowd of frum businesspeople attended an event which has clearly become a must-attend for those working in the world of business: LTB 2014. Hosted at...
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Jobless Claims Drop To Lowest Point Since 2006
(AP). The number of people seeking U.S. unemployment benefits fell last week to its lowest level in eight years. The Labor Department says weekly applications for unemployment aid dropped 19,000 to a...
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US Bank Settlements Create Disputes Over Allocation
The $8.9 billion settlement concluded by United States authorities last month with French bank BNP Paribas for its busting of sanctions will pay for New York police officers to get live computer feeds...
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Report: Americans Unaware of Depth of Income Inequality
A New York Times article has undertaken to analyze why governments in democratic societies do not do more to combat the seemingly pervasive trend of income inequality The median voter theory, a...
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Beachwood, NJ – 17-Member Family To Share $20M Lottery Win Between Themselves
Photo/AP (AP). With 17 siblings, the Endreson family was already well-known in the New Jersey shore area by sheer numbers alone. Their public profile rose even more this week when they hit New Jersey’s...
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NYC Comptroller Scott Stringer: City Pension Funds Reach All-Time Record High
New York City Comptroller Scott M. Stringer announced Monday that the New York City Pension Funds achieved a 17.4 percent investment return for Fiscal Year 2014, which ended June 30th. The total fund...
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US Economy Likely Showed Big Rebound in Last Quarter
(AP). After a dismal start to the year reflecting a harsh winter, the U.S. economy showed signs of rebounding in the spring, with many forecasters expecting growth to be even stronger in the second...
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Finance Minister Lapid: 2014 Budget Can Absorb Cost Of Gaza Operation
Direct property damage from the Hamas rocket fire during Operation Protective Edge amounted to NIS 50 million, and indirect damage totals NIS 750 million, Finance minister Yair Palid said Thursday,...
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Lapid: Gaza Aid Should Be Tied To Restored Palestinian Authority Rule
(AP). Israeli Finance Minister Yair Lapid on Monday called on the international community to pull together a massive aid package for Gaza conditioned on the Palestinian Authority returning to power in...
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Taxi-Hailing App Uber Set To Launch in Tel Aviv
(JNS). The wildly popular taxi-hailing and ride-sharing app Uber is being launched in Tel Aviv. The app, which operates in more than 160 cities worldwide and allows private drivers to freelance as...
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US Records Highest-Ever Food Stamps Enrollment As Obama Touts Economic Success
As President Obama and Democrats who may be vulnerable in the upcoming midterm elections attempt to paint a rosy picture of the United States economy, one measure of the current economic climate – food...
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US Economy Forecast To Grow By 1.5 Percent In 2014
(AP). The Congressional Budget Office on Wednesday forecast that the U.S. economy will grow by just 1.5 percent in 2014, undermined by a poor performance during the first three months of the year. The...
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De Blasio, Stringer Go At Each Other’s Throats Over Pre-K Program Launch
With only 7 days remaining before the first day of school on Sept. 4th, New York City Comptroller Scott Stringer poured cold water on Mayor Bill de Blasio’s celebrations of Pre-K launch, stating his...
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Israel’s Economy Set To Rebound Following Ceasefire
(TNA). Despite the numerous setbacks suffered in Operation Protective Edge, Israel’s economy remains resilient. Amid news of massive budget cuts needed to pay for the latest war and losses to the...
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Poll: Midterm Elections Will Hinge on Precarious State of US Economy
An overwhelming majority of American voters feels that the country is on the wrong track and the economy will be a primary factor in November’s midterm elections, a new George Washington University...
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Good News For Selfie Takers: Microsoft Unveils New Selfie-Centric Smartphone
Photo/AP (AP). Microsoft will seek to draw more people to its Internet-based services with two new mid-range smartphones it unveiled Thursday, including one designed to help people take better selfies....
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Lapid Says Economy Growing Despite Gaza Operation; Pledges No Tax Increases
In forward-looking comments made today at the inauguration of the new Tel Aviv Stock Exchange, Israeli Minister of Finance Yair Lapid stated, “What we need now, after 50 days of fighting, is growth....
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JP Business: LICH/Fortis Deal Collapses As NYU Backs Out
The NYU’s Langone Medical Center is pulling out of its agreement with Fortis Property Group to run Long Island College Hospital, just hours after a Brooklyn judge expanded a nurses union lawsuit...
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Israel’s Tourism Fails to Increase Post War
Photo/Emil Salman Despite the ceasefire that was signed by Israel and Hamas on August 26 that brought an end to Israel’s war against the terrorist group, the tourism industry in Israel is eagerly...
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JP Business: EBay and Paypal Part Ways
Photo/AP (AP). PayPal’s impending split from long-time partner eBay Inc. will ratchet up its appeal to online retail competitors such as Amazon.com and give it the freedom to aggressively take on new...
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