Monthly Archives: November 2009

White House getting tough with mortgage lenders

Struggling to stem the swelling foreclosure tide, the Obama administration announced new steps Monday to pressure banks to help homeowners long term.

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Health perks for the unemployed

Under the weather and out of a job? You could be eligible for free health services like flu shots and prescription drug refills.

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Holiday weekend shopping: Modest gains so far

Although malls around the country reported a rush of shoppers and filled parking lots throughout Black Friday, total sales for the day only saw a slight – and not a robust – improvement over last year.

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Obama to push banks on mortgages

As foreclosure casualties mount, the Obama administration is expected to announce additional steps on Monday to get long-term help for troubled borrowers.

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Bracing for another market crash

Question: I’m very worried that we may see another stock market correction. Since the market low of early March, my 401(k)’s value has risen 77%, which seems like an awfully large jump. So last week I moved the majority of … Continue reading

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Dubai’s threat to U.S. banks

The news that the sovereign wealth fund of Dubai requested a postponement of billions of dollars of debt this week could pose a big problem for U.S. banks.

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Black Friday crowds eager to spend

Although Black Friday seems to be missing the usual mayhem associated with it, the good news for merchants is that shoppers are eagerly spending money on juicy discounts on toys, cashmere sweaters, Snuggie blankets and gadgets.

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Shoppers hear the call of Zhu Zhu

Zhu Zhu hamsters proved themselves the undisputed kings of Black Friday.

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Best Buy combats doorbuster scalpers

The Black Friday scene at a Best Buy in New Jersey was busy yet calm, despite a large young crowd, damp conditions and attempted doorbuster ticket scalping.

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Wal-Mart’s Black Friday: Frenzied, not much drama

They came by truck, by van and even by taxi.

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