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Fed: Unemployment Wouldn't Be So High If People Weren't So Darn Uncertain...
When I was a tiny little lad, my coach said the only thing keeping me from being a great soccer player was confidence… and my utter inability to kick the ball in anything resembling a straight line,...
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Drop In MBA Applicants A Sign Of Economic Recovery?
“Maybe I should finally get my MBA,” is a thought that went through the heads of many an out-of-work or underemployed college graduate during the last few years. But the allure of becoming a master of...
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Majority Of U.S. Homeowners Paying At Least 5% Interest On Mortgages
While interest rates for 30-year fixed-rate mortgages have been hovering around the 4% mark for around a year — and 15-year fixed loans have dipped below 3% in recent months — nearly 7 out of 10...
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Target To Hire Fewer Seasonal Workers This Year
(OldManMusings)Target is in the middle of ramping up for the all-important holiday shopping season by hiring a slew of folks to slip on a red shirt for a few weeks, but the retailer says it expects to...
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Georgia Counties Sue HSBC, Say Bank’s Prejudiced Loans Cost Them Millions
(exfordy)Three counties in Georgia have filed suit against HSBC, claiming the bank pushed minority borrowers into expensive, subprime mortgages. But these banks aren’t suing on behalf of the wronged...
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6 Everyday Food Items That Have Soared In Price
(catastrophegirl)We all know about the huge recent price increases in bigger-ticket expenses like education, health insurance, and gasoline, but what about those items in your fridge and pantry that...
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Study: Women Earning Less Than Men Immediately After Graduating College
(joelgoodman)For anyone who thinks that the pay gap between men and women is something that doesn’t begin until later in their careers, or that this salary disparity is a disappearing relic of a bygone...
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As Economy Recovers, Americans Are Drinking More Alcohol
(Ninja M.)It looks like Americans’ spirits are up — or at least the sales of spirits to Americans are up, as a new survey shows that people are buying more beer, wine and liquor when they go out to...
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Downsizing Your Home Might Not Make Retirement Any Easier
(Jeremy_Schultz)If you’re at or nearing retirement age and living in a house with rooms you don’t use, it would seem to make sense that you could save by downsizing to a smaller abode. But unless you...
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Here’s A Bunch Of Stuff That Might Actually Be Cheaper In The Months To Come
(rptnorris)For lots of things you buy, the general trend is for prices to increase over time. But there are some things that forward-looking folks claim will drop in price — at least for a bit — in...
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Report: U.S. Home Prices Up 7.4% Over A Year Ago
(TheTruthAbout)If the price of your home took a beating when the housing bubble burst, or if you bought a home in recent years and have been waiting for prices to trend upward, the data on one new...
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Kentucky Sues For-Profit College Over Misleading Job-Placement Stats
Spencerian College, with two campuses in Kentucky, has been sued by the state’s Attorney General’s office.If you’re comparing college programs and see job-placement rates of anywhere from 80% to 100%,...
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10 Highlights From Frontline Report On Why No Wall Street Execs Are In Jail...
Assistant Attorney General Lanny Breuer has been accused by some of being overly fearful of prosecuting big banks.Last night, PBS’ Frontline looked at a question many Americans have asked — Why have no...
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‘Nuclear Holocaust’&‘Sh!tBag’ Among Clever Names Morgan Stanley Bankers Gave...
The Morgan Stanley exec who came up with this list of names is now working for JPMorgan Chase.Federal prosecutor Lanny Breuer insists he has yet to find enough evidence to bring an indictment against a...
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Interview: Frontline’s Martin Smith Talks About The DOJ’s Failure To...
Frontline’s “The Untouchables” investigates the lack of criminal prosecutions against Wall Street.Last week, PBS’ Frontline dedicated an entire hour to the Justice Dept.’s failure to prosecute a single...
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Senators Call Out Attorney General For Treating Banks Like They Are “Too Big...
(digitizedchaos)Like many Americans, Senators Charles Grassley (Iowa) and Sherrod Brown (Ohio) think federal investigators have given banks a mere slap on the wrists for their part in the economic...
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Dow Peeks Its Head Above 14,000 For First Time Since 2007
How did we ever make it out of 2009?Following a better-than-expected U.S. jobs report, the Dow Jones Industrial Average crossed the 14,000 threshold for the first time since October of 2007, when the...
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Is Virginia Really Trying To Mint Its Own Money?
(frankieleon)Earlier this week, the Virginia legislature overwhelmingly passed a bill that would fund a study to investigate “whether the Commonwealth should adopt an alternate medium of commerce or...
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Pipe-Pilfering Has Doubled Number Of U.S. Homes Without Complete Plumbing
(The Joy of the Mundane)According to the 1990 census, only around 1% of all homes in the U.S. lacked a complete set of plumbing facilities, down from 45% in 1950. But a new report claims that recent...
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Feds Now Letting Big Banks Review Their Own Foreclosures For Errors
(Rose*Bud)Pre-recession banks turned a blind eye to problems with the mortgages they handed out, bundled, sold and securitized. When that bubble burst, these same banks put the foreclosure process on...
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