Finances

hcsp.jpgThe job market is still on a long road to full recovery, but it took a big step in January.

Dow Has Highest Close Since Pre-Financial Crisis

hcsp.jpgA drop in the unemployment rate to its lowest level in three years propelled stocks higher Friday. The Dow Jones industrial average ended up 156 points, drawing the average to its highest mark since before the financial crisis hit in 2008.
hcsp.jpgFederal Reserve Chairman Ben S. Bernanke said the economy has shown signs of improvement while remaining vulnerable to shocks, and he called on lawmakers to reduce the long-term U.S. budget deficit.

Studying the Purpose of College

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I continue to debate with people about the purpose of college.

Obama To Allow Homeowners To Refinance Mortgages

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The Obama administration is trying to fix a stubborn drag on the economy by allowing all homeowners to refinance their mortgages at lower interest rates even if they owe more than their homes are worth, tackling a difficult issue of vital concern in states key to President Barack Obama's re-election.

CBO: Taxes to Jump 30% in 2 Years

hcsp.jpgThe amount of money the federal government takes out of the U.S. economy in taxes will increase by more than 30 percent between 2012 and 2014, according to the Budget and Economic Outlook published today by the CBO.

Early Filers May Have to Wait Longer for Their Tax Refund

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Some taxpayers who filed their federal tax returns early this year will have to wait a week longer than initially projected to get their refunds.

The Worst Cities For Retirees To Find Work

hcsp.jpgJust because you're retired doesn't mean you don't have to work. As of the end of last year, 7.3% of Americans 75 and older were employed -- the highest level since 1966, according to The Wall Street Journal. But as the number of job seekers among retirement-age people has increased, so has the unemployment rate among that age group. It is now twice what it was five years ago. 
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In a video interview with theGrio.com/CNBC reporter Sharlita Brantley, Suze Orman goes on the defensive about launching her own prepaid card

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Big banks are realizing they may actually have to pay attention to customers to keep them.


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