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James F. Peltz

James F. Peltz has covered nearly every aspect of national business news – including corporate America, Wall Street and global economic matters – for more than 25 years in Los Angeles and New York. He also spent nine years on the Los Angeles Times’ Sports staff, where he mainly wrote about auto racing and major league baseball. Peltz graduated from UCLA and earned a master’s degree in journalism from the University of Colorado.
Higher interest rates are spurring a subtle shift to cash investments. But don't expect to get rich

Savers and investors are pouring more money into "cash" instruments — such as money market funds, CDs and Treasuries — amid the recent rise in short-term interest rates. But financial planners and money managers say it's not a massive shift out of stocks and bonds.

Bricks-and-mortar retailers get a boost from Supreme Court decision favoring online sales taxes

Stores with physical locations such as Walmart Inc. and Target Corp. are on a winning streak after the U.S. Supreme Court ruled that states can require the collection of sales tax on internet purchases.

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