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  • Walmart's latest move confirms the death of the American middle class as we know it
    Style
    Business Insideryesterday

    Walmart's latest move confirms the death of the American middle class as we know it

    Walmart is getting into aspirational retail — and it says a lot about the American economy. In recent months, Walmart has purchased several trendy, online retailers, including the hip fashion brand ModCloth, outdoor gear retailer Moosejaw, and shoe store ShoeBuy. ModCloth's dresses can cost between $60 and $150, whereas Walmart's dresses are usually priced between $10 and $25.

  • This car from your childhood has increased in value by 58,000%
    Business
    MarketWatch7 hours ago

    This car from your childhood has increased in value by 58,000%

    What makes a car a classic? A unique cultural formula of factors, according to vehicle valuation specialists at market research group Black Book — and if they all come together the right way, you could be making big bucks selling vehicles that were once commonplace. There’s just one catch. Well, two. It would be better if you bought it in, say, 1971. And it really helps if the car in question is still in mint condition. Some cars once sold for the manufacturer’s relatively affordable suggested retail prices have years later been marked up thousands, sometimes tens of thousands of percent. The 1971 Plymouth Barracuda, for example, was once purchased for an asking price of $4,296 and is now worth

  • Finance
    24/7 Wall St.7 hours ago

    Exxon Is Target of Mini-Tender Offer

    After markets closed on Friday, Exxon Mobil Corp. (XOM) announced that the company had received notice of an unsolicited mini-tender offer by TRC Capital to purchase up to 2 million shares (approximately 0.05% of shares outstanding) at a purchase price of $78 per share. If an investor tenders shares in this offer, TRC Capital gains about 4.6% over the offer price and may resell the shares for a tidy profit. The tender offer for Exxon shares expires at one minute after midnight on April 11, 2017, but TRC Capital may extend the offering period.