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New York Federal Reserve Opens 'Pawn Shop' to Buy Up ABS Junk

"On Wednesday, December 3, 2008 The New York Federal Reserve website reported that they will begin to purchase Asset Backed Securities (ABS) from fa[...] read more »
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Cyber Monday Sales Up 15% This Year: The Beginnings Of A Recovery?

Cyber Monday sales were up 15% this year. The beginning of a recovery or false hope? read more »
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The Investor's Christmas Reading List

7 books that should be on every investor's reading list read more »
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10 Essential Steps to Take BEFORE You’re Laid Off

Ten things you can do now to be prepared for a layoff a year from now. read more »
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Obama’s 401k Plan Is A Double-Edged Sword

Have you heard about Obama's plan to allow penalty-free withdrawal from 401k and IRA? Do you think it's a good idea? I think it will hurt more th[...] read more »
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Stop Spending and Start Saving

Here are some tips to get your savings up.[...] read more »
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Love Them or Hate Them, Make the Most of Gift Cards This Holiday Season

There's definitely a right and a wrong way to handle your gift cards, whether your giving them or receiving them. Check out these tips on the sligh[...] read more »
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The Five I’s of Building Wealth

was reading Forbes magazines list of the richest people in the world to learn how each individual amassed great sums of wealth. I discovered that mo[...] read more »
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Too Big Not To Fail

An argument that efforts on bailout/reform should be focused on creating smaller, nimbler, more competitive companies, rather than having too much of[...] read more »
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Interest Rate Decisions Dominate Headlines -- But Is It News?

Well, the trend is certainly there. Central banks are cutting interest rates in a big way. The first two key news headlines above speak to that point[...] read more »
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How do Federal Income Tax Brackets Work?

There's no need to fear higher tax brackets. Moving to a higher tax bracket will never cause you to take home less money than if earned less. read more »
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Who Would Benefit if the Big Three Disappeared?

These four companies stand to profit from the demise of the major U.S. automakers. read more »
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Weak UK economy poses greater risk to CPI undershoot-BoE

The Bank of England said that risks to inflation had fallen further because of weaker economic activity since its November inflation report, after it[...] read more »
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EUR/USD - Euro Dollar Dec. 4, 2008

1,2674. EUR USD is in a range between 1,2575 and 1,2765. EUR USD moves without trend and swings around exponential moving averages (EMA 50 and 100). read more »
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Japan Recession Possibly Deeper

Japan may be in a deeper recession than first thought as businesses cut spending because of the worsening global recession, which will likely force c[...] read more »
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