MONEYLINE

FULL EMPLOYMENT ‘VERY CLOSE,’ FED’S FISCHER SAYS

Federal Reserve Vice Chairman Stanley Fischer said Tuesday the U.S. job market is “very close to full employment” and that an interest rate hike — or a series of them — would be made based on economic signs. “I don’t think you can say one and done and that’s it,” Fischer said in an interview on Bloomberg TV.

$600 DUCT-TAPE SHOES DRAW SOME FLAK

Don’t have time to wear in your tennis shoes? You can buy “effortlessly cool” distressed shoes, complete with duct tape and scuff marks, for $500 to $600 at Barneys. The shoes are made in Italy by Golden Goose.

SEARS BRINGS PAINT BACK TO ITS STORES

Sears will be bringing back paint to its stores, it announced Tuesday. Options will include brands such as Craftsman, Weatherbeater and Easy Living. The retailer will offer more than 2,400 colors, and have a devoted sales team in every store.

FERTILIZER GIANTS WEIGHING MERGER

Canadian fertilizer giants Potash and Agrium confirmed Tuesday they are weighing a “merger of equals” in yet another potential shake-up for the global agricultural sector. Agrium shares rose 7% Tuesday to $95.76. Potash shares rose 11% to $17.79.