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The House Lawyer: Consider buying a home rather than paying dorm rent (Aug-20, 23:00 EDT )-- With the cost of an undergraduate education at some private institutions exceeding $200,000, parents should be looking for any way possible to take the sting out of sending a child to college. In addition to tuition, one significant component of total...
Nearly 50 percent leave Obama mortgage-aid program (AP) (Aug-20, 21:18 EDT )-- AP - Nearly half of the 1.3 million homeowners who enrolled in the Obama administration's flagship mortgage-relief program have fallen out.
Business Highlights (AP) (Aug-20, 16:54 EDT )-- AP - Recession hits smart-phone makers in the chips
Summary Box: 18 states report drop in unemployment (AP) (Aug-20, 16:35 EDT )-- AP - STATE UNEMPLOYMENT LEVELS OUT: Unemployment fell in 18 states and Washington, D.C. in July, while it increased in 14 states and stayed the same in 18, the government said Friday. That's a slowdown from the previous three months, when more than 30...
Commodities prices retreat on economic worries (AP) (Aug-20, 16:23 EDT )-- AP - Fears of a slowing U.S. economy sent most commodities prices lower Friday, including metals used in manufacturing.
Nearly 50 percent leave Obama mortgage-aid program (AP) (Aug-20, 15:55 EDT )-- AP - Nearly half of the 1.3 million homeowners who enrolled in the Obama administration's flagship mortgage-relief program have fallen out.
6 Ways To Cut Back-to-School College Costs (U.S. News & World Report) (Aug-20, 15:53 EDT )-- U.S. News & World Report - Heading back to college or going away to school can be an exciting and expensive time in a student's life. There are people to meet, interesting courses to study, tuition to pay, and textbooks to buy. After the excitement...
Fears of global growth slowdown support dollar (AP) (Aug-20, 15:29 EDT )-- AP - The dollar got further support Friday from fears of a slowdown in global growth.
Oil prices fall for third straight session (AFP) (Aug-20, 14:43 EDT )-- AFP - World oil prices fell Friday for the third straight session amid worries that weakening growth in the United States could curtail energy demand.
New Credit Card Rules Tackle Fees, Rates (U.S. News & World Report) (Aug-20, 14:06 EDT )-- U.S. News & World Report - Your credit card is about to become more consumer-friendly. The Credit Card Accountability Responsibility and Disclosure Act of 2009 authorized the Federal Reserve to implement new rules regulating the credit card industry. ...
Auto dealer group spent $225,000 on 2Q lobbying (AP) (Aug-20, 14:00 EDT )-- AP - An industry group that represents auto dealers spent $225,000 lobbying Congress and federal agencies during the second quarter on issues related to auto repairs, fuel economy and taxes, according to a recent disclosure report.
More tough economic times forecast by CBO (Reuters) (Aug-20, 13:58 EDT )-- Reuters - The U.S. economy faces difficult times ahead with chronic unemployment and slow manufacturing hurting the pace of recovery, the head of Congress' budget agency said on Thursday.
Sector Snap: Corinthian results weigh on schools (AP) (Aug-20, 13:47 EDT )-- AP - Shares of for-profit schools slid Friday after Corinthian Colleges Inc. said its student loan repayment rates were deteriorating, putting it at risk of losing access to federal financial aid for some programs.
Jobless rate drops in 18 states, rises in 14 (AP) (Aug-20, 10:00 EDT )-- AP - Unemployment fell in only 18 states last month, a much smaller number than in recent months and a sign that jobs remain scarce nationwide.
Fund manager finds plenty of virtue in sin stocks (AP) (Aug-20, 09:02 EDT )-- AP - So much for virtue. Sin is in.
Oil prices extend losses (AFP) (Aug-20, 06:45 EDT )-- AFP - World oil prices fell further on Friday as poor US economic data raised worries about weak energy demand.
European equities slip on US economic woes (AFP) (Aug-20, 05:56 EDT )-- AFP - European stocks fell on Friday despite takeover news in the energy sector as investors shunned risky assets after more weak US economic data dented confidence in the global recovery.
Oil drops below $75 amid US economic concerns (AP) (Aug-20, 05:13 EDT )-- AP - Oil prices dropped below $75 a barrel Friday amid mounting concerns over the pace of the U.S. economic recovery, following another batch of downbeat economic data.
Euro steady against dollar after poor US data (AP) (Aug-20, 04:27 EDT )-- AP - The euro is steady against the dollar after losing ground when poor U.S. economic data again helped drive investors toward traditional safe-haven assets such as the dollar.
Fidelity: retirement fund withdrawals rise in downturn (Reuters) (Aug-19, 23:13 EDT )-- Reuters - A record number of U.S. workers are tapping into their retirement accounts to make it through the economic downturn, Fidelity Investments found in a survey released on Friday.
Blagojevich auction has Elvis, and more (Aug-19, 23:00 EDT )-- CHICAGO -- The small neon sign that read "Governor Blagojevich" was one of the first things to go Thursday as a storage facility in Arlington Heights, Ill., auctioned off belongings of the former governor. The price: $375. Auction - Elvis Presley...
Iran sanctions challenge South Korea to balance interests (Aug-19, 23:00 EDT )-- SEOUL -- South Korea, a nation that prides itself on its adaptive economy and its tight alliance with the United States, has come under pressure from the Obama administration to sacrifice the first for the sake of the second by signing on to stringent...
Small cable providers object to Comcast-NBC deal (Aug-19, 23:00 EDT )-- Comcast should be barred from packaging NBC stations with popular cable channels when selling programming to video providers, an industry group told regulators reviewing the company's proposed purchase of NBC Universal. Comcast - Business - Cable...
Keeping tax cuts beneficial in short term, harmful over long term, CBO says (Aug-19, 23:00 EDT )-- The director of the nonpartisan Congressional Budget Office said on Thursday that permanently extending tax cuts put in place under President George W. Bush would provide a "considerable" economic boost over the next several years but would result in...
U.S. appeals own victory in Airbus dispute (Aug-19, 23:00 EDT )-- The United States appealed on Thursday its own victory in a landmark trade ruling against European subsidies for planemaker Airbus, asking the World Trade Organization to toughen its condemnation of the E.U.'s financial meddling in a market worth more...
Cure for excessive Wall Street compensation: Price wars (Aug-19, 23:00 EDT )-- Normally, the big investment banks would be salivating over the prospect of a $15 billion stock offering by General Motors, which by rights would generate $450 million in fees. But a funny thing happened on the way to this bonanza. Goldman Sachs --...
Event data recorders used in NHTSA study of Toyotas have history of problems (Aug-19, 23:00 EDT )-- A new Toyota Tundra pickup struck an oak tree off a rural road in Washington state in 2007, killing the 29-year-old driver, in what in many ways seemed liked a common sort of tragedy. National Highway Traffic Safety Administration - Toyota -...
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Work to resume on stalled apartment project near Nationals stadium (Aug-19, 23:00 EDT )-- Construction sites around the Washington Nationals ballpark have been reduced to so many empty lots by the recession, but at least one developer has decided it is time to get started again. Nationals Park - Employment - Business - Resumes and...
Intel Corp. to acquire computer-security software maker McAfee (Aug-19, 23:00 EDT )-- SAN FRANCISCO -- Intel Corp. is making the biggest acquisition in its history with the $7.68 billion takeover of computer-security software maker McAfee, an example of Intel's commitment to serve an increasing array of Internet-connected devices. ...
Netflix's expanded Watch Instantly queue may end stream of bad movies watched (Aug-19, 23:00 EDT )-- In a happy development for couch potatoes everywhere, Netflix last week announced a partnership with Epix entertainment channel. Beginning on Sept. 1, movies from the Epix catalogue will be available for Netflix viewers to stream instantly onto their...
Jobless claims jump to nine-month high (Aug-19, 23:00 EDT )-- More people filed new claims for unemployment benefits last week than at any time since November, providing additional evidence that the economic recovery has stalled and turning up the reelection pressure on incumbents. Insurance - Unemployment ...
Iran sanctions challenge South Korea to balance interests (Aug-19, 23:00 EDT )-- SEOUL -- South Korea, a nation that prides itself on its adaptive economy and its tight alliance with the United States, has come under pressure from the Obama administration to sacrifice the first for the sake of the second by signing on to stringent...
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