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When will the next recession hit?

The Great Recession was the worst downturn the economy’s suffered in decades. And although the U.S. has slowly but surely recuperated, another recession will strike again. In fact, the economy could already be in trouble. 151008report.recession_quote “Most recessions happen for a different reason each time,” says Tara Sinclair, chief economist …

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The latest tech giant to claim space in mobile news

Technology giants including Apple, Facebook, Snapchat and now Google want to take charge of how we get and see news on our phones. Google on Wednesday was the latest company to announce a news-focused tool. It is designed to speed up how fast stories appear on a phone’s screen after …

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Healthy, fun Halloween treats

I’m not crafty. I’m not handy with the glue gun. I don’t spend a lot of time thinking about what my food looks like. But I can successfully knock out these fun and very healthy treats for Halloween. In fact, so can my six-year-old! This year, I’m pretty sure that …

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Eurozone exits deflation but pressure for ECB boost persists

Eurozone inflation rose to zero percent and out of negative territory in October, official data showed Friday, but the level is still low and will press the European Central Bank to pump up its stimulus. ECB head Mario Draghi hinted heavily this month that the central bank will boost its …

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Sharp posts big loss on smartphone downturn, restructuring costs

Japanese electronics giant Sharp on Friday posted a whopping six-month net loss of nearly $700 million, hit by restructuring costs and a slump in demand for its smartphone screens. The liquid-crystal display giant, which is key supplier to Apple and other mobile phone makers, singled out a downturn in smartphone-screen …

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Car buyers, student loans fuel record U.S. consumer borrowing

It’s starting to feel as if the good times have returned at Diamond Jim’s Motor Cars, with its sales of used cars up at least 30% this summer from the same period last year. “We’re doing well, we’re having fun,” said Tom Letizia, the owner of Diamond Jim’s, which operates …

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Business owners: 3 things you should consider to avoid fraud liability

About half of the world’s fraudulent card payments happen in the U.S., according to a report from BI Intelligence. Card issuers, payment networks, businesses and consumers pay billions of dollars each year to cover the costs of payment fraud. America’s payment networks are moving toward more-secure EMV chip technology in …

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Coffee shops opening on campus

Students arriving back on campus will have a few new choices when it comes to their morning coffee and breakfast. On Friday, a new Starbucks opened in the Illini Union, and it will joined next week by a new Espresso Royale in Grainger Engineering Library. The Starbucks replaces an Espresso …

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Music Builds Trust, Empathy, and Cooperation—Here Are Four Ways Science Proves It

We know that music is pleasurable, and it seems to play a role in our well-being. But many researchers also believe that music plays a significant role in strengthening social bonds. In a 2013 review of the research on music, Stefan Koelsch, music psychologist at the Freie University Berlin, described …

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