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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
    MarketWatch4 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

  • Two important things to remember when the stock market starts to stumble
    Business
    MarketWatchyesterday

    Two important things to remember when the stock market starts to stumble

    The Dow DJIA, -0.29%  extended its losing streak to six sessions on Thursday, after stocks endured their biggest declines since October earlier in the week. So, is this it? Are we finally witnessing the dying of the bull and the breakdown of the “Trump trade?” To those prone to fits of jitters, it’s starting to feel that way. “Markets are waking up to the reality of the Trump hangover, which is going to mean a renewed focus on all the complacencies we’ve let build up in recent months,” writes Mint Partners strategist Bill Blain in his “Morning Porridge” note. “No surprise the mood has gone more than a little bit risk off.” What’s an investor to do? Blain offered up two simple but important (and,