January, 2010

The Service Sector Slightly Grows Though Jobs Remain Scarce

More of the same Small positive signs of a slow recovery continued last quarter as the service sector of the economy grew slightly, primarily due to holiday sales. The climb was almost negligible, so few jobs were created. Most of the growth involved calling laid-off employees back to work or replacing positions that had been cut. ...

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President Obama proposals offer modest help to the middle-class

In reaching out to the middle class before his State of the Union address on Wednesday, President Obama issued what look to me like some fairly modest proposals. Read more about President Obama proposals offer modest help to the middle-class...

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Does Renting Make Sense?

Writing Your Money: The Missing Manual has been intense. I’ve spent a ton of time researching personal finance topics ranging from buying a car to funding a 401(k) to the relationship between money and happiness. My research has reinforced some of my convictions (index funds are the best investment for 99% of personal investors, for ...

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Homeowner Wants To Walk, Despite New Loan Terms

Thad Salter's home is now worth less than half of its 2006 purchase price of $300,000. Even after his bank modified his mortgage, Salter wondered whether it would be better to walk away from the loan. At least one law professor says he should do just that.» E-Mail This     » Add to Del.icio.us Read more about ...

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World Stock Markets might Hate to see the Year End

Hardship leads to opportunity [caption id="" align="alignright" width="240" caption="Photo: flickr via pingnews"][/caption] March, 2009 marked a low point in the global economy including world stocks. The gains have been great on the stock exchanges since that point despite continued economic struggles across the globe. The Associated Press reports that many markets topped 50 percent gains from March ...

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