Obama Calls for $50 Billion Spending on Transportation

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President Obama, looking for ways to jump-start the sagging economy and create new jobs, called on Congress on Monday to approve a far-reaching plan to rebuild and modernize the nation’s transportation networks — roads, rail and airport runways — over the next six years.

Bernanke Says Economy Seems to Be on Track

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Federal Reserve Chairman Ben Bernanke offered cautious reassurance that the U.S. recovery is on track, despite recent turmoil in financial markets and worries about the health of Europe’s economy.

What to Buy and Not Buy at Walmart

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Despite (or perhaps because of) the fact that Walmart is the nation’s largest retailer, there are plenty of people who wouldn’t be caught dead in one. To these folks, Walmart conjures images of a rapacious juggernaut of stadium-sized stores offering low-quality merchandise, spotty service, and mistreating employees and the environment — while driving small local retailers out of business.

8 Questions for the Constantly Broke

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If you find yourself nervously checking your bank account balance before payday, then perhaps it’s time to make some changes. Before swearing off restaurants or cutting up your credit card, ask yourself the following 8 questions, which are designed to help get you back on top of your finances.

10 Things Your Airline Won’t Tell You

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Just because you show up at the airport with a ticket reservation doesn’t necessarily mean you’ll end up on your intended flight. Most airlines overbook flights to compensate for last-minute cancellations, but they don’t always get the numbers right. And with so few seats open on later flights, fewer folks are volunteering to get bumped. As a result, the number of involuntarily bumped passengers is up, having grown 45 percent between 2005 and 2009, according to the Department of Transportation.“Instead of fixing the problem,” says Tony Polito, an associate professor in the college of business at East Carolina University who has published academic articles about airline industry issues, “they are institutionalizing it.”

Federal Reserve Keeps Federal Funds Rate Unchanged

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Federal Reserve leaders left their target interest rate near zero on Tuesday and restated their intention to keep rates very low for an "extended period" Wednesday, even as they modestly upgraded their assessment of the economy.

Foreclosure Filings Keep Rising

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Foreclosure filings are still on the rise, surging 7% across the country during the first quarter, according to data released Wednesday by RealtyTrac.

Initial Jobless Claims Climb to 484,000, Up 24,000

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The number of people applying for unemployment benefits jumps 24,000 in the week ended April 10, the second straight increase, U.S. data show. But the latest increase in first-time filings may stem largely from the Easter holiday and other one-off factors.

Bernanke Sees Little Inflation Threat

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Fed Chief Bernanke pointed to a sharp and widely dispersed slowdown in inflation in recent months and indicated he saw little threat of it picking up any time soon.

13 Things Your Tax Accountant Won’t Tell You

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With April 15 looming, we reached out to CPAs to give us their honest insight on filing taxes, audits, extensions, preparers and more!

10 Ways the New Healthcare Bill May Affect You

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Here are 10 things you need to know about how the new law may affect you:

Cost of the Census

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As census forms arrive in Americans’ mailboxes, CNN’s Kate Bolduan looks at costs associated with the big count. Source: CNN Related Articles: Bernanke Says Economy Seems to Be on Track What to Buy and Not Buy at Walmart 8 Questions for the Constantly Broke 10 Things Your Airline Won’t Tell You

Rat Out a Tax Cheat, Collect a Reward

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If you knew coworkers, former bosses or exes who cheated on their taxes, would you turn them in? The Internal Revenue Service can make it worth your while. As tax season nears, we all want to get as much money back from the IRS as possible. And while taking advantage of this year’s new tax [...]

Bye-bye, Saturday Mail?

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Snail mail might soon get even slower. The U.S. Postal Service plans to propose Tuesday an adjusted mail service schedule, which will likely cut Saturday delivery. The agency will also suggest closing some branches and expanding its use of self-service kiosks in grocery stores and other popular retail spots, as part of its effort to [...]

12 Quirky College Donations with Strings

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For most of us, college donations entail little more than occasionally dropping a small check in the mail after receiving repeated pleas for cash from our alma maters. Some people, though, tend to be a bit more individualistic with their generosity. Let’s take a look at some of the quirkier donations schools have received: Related [...]

5 New Tax Breaks You Don’t Want to Miss

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Tax season is upon us. And while nobody likes shelling out their hard-earned dollars to the IRS, this year the government is offering up some new opportunities that could save you big money. As part of the American Recovery and Reinvestment Act, or stimulus bill, Congress introduced several new tax goodies that could help millions [...]

Economy Grew 5.9% in Fourth Quarter

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The U.S. economy grew at a slightly faster pace than originally thought during the last three months of 2009, according to a government report Friday. The nation’s gross domestic product, the broadest measure of the nation’s economic activity, grew at an annual rate of 5.9% in the quarter, the Commerce Department reported. Economists surveyed by [...]

Stimulus Created Jobs, Controversy, Backlash

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As members of the Obama administration on Wednesday tout stimulus successes across the country, they won’t be highlighting its other effects — the death of bipartisanship and the rise of the Tea Party movement. The president is to speak about the effects of the $787 billion economic package at the White House, and many of [...]

Identity fraud: Can your credit report keep you safe?

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Have you ever gotten one of those letters from your employer, creditor, municipality or school that includes the words “your data has been compromised?” It’s usually followed – I know from experience – by a sinking feeling in the pit of your stomach. New data from Javelin Strategies shows that’s one of those gut instincts [...]

Toyota Looking at Lexus Hybrid Brakes

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Toyota has added the brake systems of the latest Lexus hybrid vehicles to a growing list of problems with various models, the company said Friday. The company said it was checking the brakes on the Lexus vehicle model HS250h — as well as a Japanese model called the Sai — because they use the same [...]

How to Solve Work-at-Home Ethical Dilemmas?

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Do you work at home? If so, you’ve got a lot of company. As of 2005, the most recent year for which the U.S. Census Bureau has data, 8 percent of us work this way. That’s more than 11 million people — a pretty sizable chunk of the work force, any way you slice it. [...]

No-Degree? Top 20 Jobs with High Salary

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Higher education isn’t for everyone, and people have a variety of paths to choose from once they graduate from high school. They might know from the start that they want to go straight to the professional world. Other new graduates often decide to try college for a semester to see how it goes and then [...]

China Threatens to Sanction U.S. Companies

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China has threatened to slap sanctions on American companies that sell arms to its rival Taiwan as part of a range of punitive actions Beijing is taking to protest the deal. China also summoned U.S. ambassador Jon Huntsman to express its anger over Washington’s announcement, the official Chinese news agency Xinhua said, citing the Foreign [...]

President Obama unveils $3.8 trillion budget

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President Obama revealed a $3.8 trillion budget for 2011 on Monday that tries to balance two competing goals: continued government spending to boost the fragile economic recovery and controlling the nation’s deficit. Related Articles: Is Oil Spill Becoming Obama’s Katrina? President Obama Selects Solicitor General Elena Kagan for Supreme Court McCain on Immigration: The Border [...]

Bill and Melinda Gates Donate $10Billion to Fight Diseases

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Bill and Melinda Gates announced plans Friday to invest $10 billion in the fight against a number of illnesses including AIDS and said the record donation could save nearly nine million lives. Speaking at the World Economic Forum in Davos, Switzerland, they said the 10-year program will focus on vaccines for AIDS, tuberculosis, rota virus [...]

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