EBay rallies on reported plan to spin off PayPal – MarketWatch

EBay rallies on reported plan to spin off PayPalMarketWatchSAN FRANCISCO (MarketWatch) – Shares of eBay Inc. EBAY, +4.66% rallied Thursday on speculation that the e-commerce giant was planning to spin off PayPal. EBay was up more than 5%, the best performer on the S&P 500 SPX, +0.29% According to a … …

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Food stamps’ $80 billion secret spending program

Even as the economy expands and adds jobs four years into the nation's recovery, the explosive growth of food stamps remains a lingering legacy of the recession. The House on Thursday sought to reduce the federal spending level, voting to cut $39 billion over the next decade. More: continued here

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