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  • If you’re over 55, take this job and love it
    Business
    CNBC.com7 hours ago

    If you’re over 55, take this job and love it

    Perhaps the best time to change up your career is when you're near its end. Close to one in five individuals aged 65 and over continues to punch the clock every day, according to the Pew Research Center. Meanwhile, more than half of Americans ages 50 to 64 are working and not retired, according to data from the Associated Press-NORC Center for Public Affairs Research. Indeed, older employees may continue working because they need to strengthen their finances. But 9-to-5 doesn't have to be a grind — if you plan for it, said Kerry Hannon, author of "Getting the Job You Want After 50 for Dummies." "If there's a kind of work that you want to move toward when you retire," she said, "it's important

  • Bass Pro Shops' buyout of Cabela's looks shaky, and Trump may have something to do with it
    Business
    CNBC.comyesterday

    Bass Pro Shops' buyout of Cabela's looks shaky, and Trump may have something to do with it

    Things are looking shakier by the day for Bass Pro Shops' $5.5 billion acquisition of Cabela's. Hedge funds that bet on the probability of deal closing, known as merger-arbitrage, are trading the deal at prices that would indicate a 40 percent chance of it going through. That lack of optimism from the hedge fund community stems from some hiccups that have appeared surrounding one of last year's most-complex deals. For one, the antitrust situation is getting trickier. Many outdoor retailers stocked up on guns, assuming that Hillary Clinton would take the White House. Consumers tend to purchase more guns when they perceive a change in government or policy that could mean stricter regulation. But

  • Yellen may have the clearest explanation for the stock market’s record run
    Business
    MarketWatch5 hours ago

    Yellen may have the clearest explanation for the stock market’s record run

    Janet Yellen knows why the stock market has been on a record tear. The chairwoman of the Federal Reserve on Feb. 15 offered up a pretty clear explanation for investors’ recent elation over equities in her testimony in front of the House Financial Services Committee. “I think market participants likely are anticipating shifts in fiscal policy that will stimulate growth and perhaps raise earnings,” Yellen said, responding to a question about what is behind the markets' meltup. Read: Stock indexes close at records as Dow extends winning streak That description is what most on Wall Street refer to as the Trump rally. That is a revival of so-called animal spirits inspired by expectations that President