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BC-Money & Markets Extra Digest

September 20, 2018

For the week ending Saturday, Sept. 22, 2018

MONEY MATTERS-FLU SHOTS

Roll up your sleeve: it’s flu shot season again. Here’s what you need to know about getting vaccinated.

THE WEEK IN REVIEW

U.S. household wealth gains concentrated among most affluent; President Trump escalates trade war with China; Under Armour cuts 400 jobs as growth slows.

QUICK FIX

Credit cards that are affiliated with brands, like American Airlines and Uber, are adapting to increasing competition by ramping up rewards for everyday purchases at restaurants, gas stations and elsewhere.

WIRELESS & CASHLESS

Apple and Google are introducing tools to help you spend less time on your phone, by blocking apps after bedtime, for example.

SMALL BUSINESS MONITOR

When employees don’t get along, a business owner must find out what the issue is and try to resolve it. Even if the boss only hears gossip about workplace friction, it’s time to intervene.

CENTERPIECE

Restarting the engine

U.S. shares of Fiat Chrysler Automobiles are down about 10 percent since charismatic CEO Sergio Marchionne’s illness and subsequent death became public. But they’re starting to recover.

MARKET PULSE

Delta Air Lines hikes baggage fees; Turkish startup takes on MoviePass with rival movie subscription service; Visa and Mastercard to pay $6.2 billion to settle part of long-running lawsuit by merchants.

OF MUTUAL INTEREST-S&P CHANGES

Three of the 11 sectors that make up the S&P 500 stock market index are undergoing an overhaul next week, a change that could alter the view investors take on the telecommunications, technology and consumer discretionary sectors.

INSIDER Q&A-AMALGAMATED BANK CEO KEITH MESTRICH

Amalgamated Bank underwent the biggest change in its 95-year history this summer, going public on the Nasdaq stock exchange as the nation’s only union-owned, publicly traded bank. CEO Keith Mestrich spoke to The Associated Press about the bank’s recent changes and this year’s election cycle.

$1,000 DERBY

If you invested $1,000 at the start of this year in various types of stocks, bonds and commodities, how much would you have now?

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