Ah, Black Friday. Half the nation is in bed, nursing the year’s biggest tryptophan hangover — and the other half is beating down the doors of their local retailers, baying for bargains with a glint in their eyes and wallets in their hands. If you’re going to tackle the crowds, you’re going to need a [...]
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Of the top 10 industries that received the most consumer complaints last year, three were auto related. New-car dealers, used-car dealers and auto service and repair shops registered almost 54,000 complaints in North America, according to the Better Business Bureau. They were the No. 4, 7 and 10th-most complaint-ridden industries of 2009. It’s enough to [...]
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Regardless of how much closer Obama’s budget brings our economy into a balance of payments not seen since 2001, we will continue to run deficits for the next decade, and the national debt will keep growing every year that happens. While most of the country’s $14 trillion debt is held by private banks in the [...]
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The retirement nest egg of an entire generation is stashed away in this small town along the Ohio River: $2.5 trillion in IOUs from the federal government, payable to the Social Security Administration. It’s time to start cashing them in. For more than two decades, Social Security collected more money in payroll taxes than it [...]
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The US Employment Situation report (better known as the jobs report) released on Friday paints a somewhat mixed picture of the labor market. The economy lost only 36,000 jobs in February, well below the consensus forecast of a 68,000 decline in jobs and continuing the trend of moderate job losses in recent months. Contrast that [...]
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Raises should make a comeback, but keep an updated resume handy. Despite all the talk about economic recovery, you’re probably still anxious about next year’s job market — worried not necessarily about your position but maybe your spouse’s or your adult kids’ or your best pal’s. Your concern is understandable. According to the consensus estimate [...]
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In most years, retirement benefits increase to keep up with inflation. But 2010 will be far from typical. Because of a drop in the consumer price index, government payouts and tax incentives to save for retirement will generally stay the same. At the same time, out-of-pocket retiree health costs, especially for prescription drugs, will continue [...]
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The term “artist” used to conjure images of an impoverished bohemian working in a drafty garret. But these days, that’s not necessarily the case. According to Rod Berg, a visual-arts career coach and the associate director of career services at Parsons The New School for Design in New York City, there are now many job [...]
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Is Sovereign Debt the New Subprime? That’s a question many on Wall Street are asking as 2009 comes to a close. Just as many subprime borrowers were unable to make their mortgage payments in 2007 and 2008, investors now fear certain nations will be unable to pay their debts in the year ahead. Rising mortgage [...]
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What do you get when you mix unemployment, frugal consumers and Internet boredom? One possible answer — Fiverr.com, a site that allows you to buy and sell tasks for $5. The “gigs,” all fixed at $5, range from the silly to serious. Among them: sending a nice postcard from Paris, burning a small paper effigy [...]
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