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Spring cleaning spurs Home Depot to hire 70,000

NEW YORK (CNNMoney) — Get those orange aprons ready for the spring cleaning rush. Home Depot announced Thursday it plans to hire 70,000 temporary workers at its U.S. stores to handle its spring selling season, the busiest time of the year for the home improvement chain. The hiring target is 10,000 more than its announced [...]

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The Right Place for Your Money, Right Now

This summer, Wall Street earnings were as unfashionable as polyester leisure suits. Too many Wall Street folks lost sight of fundamental investing and instead became obsessed with arbitrage investing, which exploits differences in currency markets to turn a quick profit, to give you one example. When market liquidity evaporates, these trades can become unwound. That [...]

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US Private Equity On Sidelines As Singapore Goes For Merrill (MER)

Now that news has gotten around that Singapore’s Temasek may put $5 billion into Merrill Lynch to offset fourth quarter write-downs, the cycle of sovereign funds investing in US financial companies seems almost routine. Troubled brokerages and banks are turning to money from China, Singapore, and the Middle East but US private equity firms have [...]