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Saks Group reportedly preparing to file bankruptcy after missing debt payment
The parent of high-end department store chain Saks Fifth Avenue failed to make an interest payment of over $100 million due on Tuesday, WSJ reported.
Minimum wage just went up in 19 states—workers in one state are getting a $2 an hour raise
More than 8.3 million workers are expected to benefit from minimum wage hikes in 19 states including Arizona, California, Michigan, New Jersey and New York.
Best credit cards to help you meet your New Year’s resolutions
Whether you're aiming to eat healthier or focus more on your finances, CNBC Select breaks down some of the top cards.
U.S. grants TSMC annual licence to import U.S. chipmaking tools into China
The approval "ensures uninterrupted fab operations and product deliveries," the company said in a statement to Reuters.
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