Markets Now Wednesday, July 17, 2024

The iconic Mirage in Las Vegas is closing today after 34 years

The Mirage Hotel and Casino on the Las Vegas Strip is closing Wednesday, ending 34 years in business.  
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JD Vance’s populist persona leaves pro-worker groups skeptical

There’s a popular idea in political discourse known as the horseshoe theory. The idea is that if you map ideologies on a horseshoe-shaped spectrum, the far right and the far left are actually more closely aligned than the centrists on either side.  
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One of the world’s biggest booze makers is ditching wine brands as the world drinks less

Pernod Ricard is selling most of its wine brands, as wine consumption is falling globally, and will instead focus on growing its champagne and premium spirits labels, including in the United States.  
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Work from home could lead to more homes in vacant offices

Most Americans know the No. 1 rule in real estate: “location, location, location.” But for some developers, there’s a new winning strategy: “recycle, recycle, recycle.”  
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Chicago gas prices could soar after tornado narrowly misses refinery

Gas prices could soon soar across the Chicago metropolitan area after a tornado narrowly missed a major ExxonMobil refinery outside of Chicago Monday night, knocking out power to the facility.  
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Streetwear brand Supreme is getting a surprising new owner

Supreme, the trendy streetwear clothier adored by celebrities and cool kids alike, has been sold to an eyewear manufacturer for substantially less than it sold for just four years ago.  
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Source: CNN Business