Obama Housing Rescue Whiffs on 'Underwater' Headaches
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U.S.News & World Report
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28 minutes ago The Treasury Department proudly reported last month that it had extended more than 650,000 trial loan modifications through the end of October, putting it on track to hit its goal of reducing monthly payments for as many as 4 million struggling homeowners.
Why Jobs Are Easy to Kill but Hard to Create
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U.S.News & World Report
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Mon 4:39 pm ET Eight million may finally be enough. That's the approximate number of jobs lost since the recession began at the end of 2007. The latest government data show that after 23 straight months of job losses, the unemployment rate has finally stopped rising and started falling.
Mutual Fund Shareholders Reject Divestment Proposals
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U.S.News & World Report
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Mon 4:19 pm ET Shareholders in funds from two well-known companies have in recent weeks rejected proposals to divest from Sudan. Investors in 16 American Funds and two Putnam funds shot down attempts from fellow shareholders to force their managers to pull out of companies that support the Sudanese government.
5 Financial Lessons of the Past Decade
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U.S.News & World Report
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Mon 3:24 pm ET We're approaching the end of a decade that may become known for its financial swings and easy credit. But most retirees don't feel that their lives have improved over the past 10 years.
Clock is Ticking on Estate Tax Sunset Rules
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U.S.News & World Report
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Mon 2:35 pm ET Don't look now, but the federal estate tax is set to disappear in 2010 in a little more than three weeks unless Congress approves a measure to extend it. Most people expect that to happen, and the House did approve a bill late last week to create a new permanent estate tax.
6 Great Financial Gifts for Children
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U.S.News & World Report
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Mon 11:13 am ET A savings bond or piggy bank probably won't elicit a squeal of delight from a small child or melt a sullen teenager's face into a smile the way a video game will. But there are few people who wouldn't appreciate a gift that appreciates over time.
Vanguard: More Evidence of a 401(k) Comeback
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U.S.News & World Report
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Mon 9:37 am ET Most 401 participants now have a higher balance than they did in 2007. Among retirement savers that have continually utilized their 401 since September 2007, 60 percent now have the same size or a larger nest egg than they did at the stock market's October 2007 peak, according to a new analysis of 1.7 million Vanguard retirement account participants.
5 Surprises in the November Jobs Report
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U.S.News & World Report
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Fri Dec 4 In a sign that employers are beginning to dip their toes into the hiring waters, a rising number of temp jobs helped shrink November's total job losses to 11,000, a figure small enough for officials to consider employment numbers essentially unchanged for the month.
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