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Category Archive for 'Finances'

Consumers in at least four states who buy their own health insurance are getting hit with premium increases of 15 percent or more – and people in other states could see the same thing.

Anthem Blue Cross, a subsidiary of WellPoint Inc., has been under fire for a week from regulators and politicians for [...]

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During the open enrollment season for employee benefits, now under way for next year, you are likely to hear a whole lot about Consumer-Directed Health Plans.
You, of course, are the consumer. And you’re being directed to save your employer a lot of money — so much so that many employers are offering workers lucrative incentives [...]

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German billionaire kills self

I guess being worth $9.2 billion isn’t enough in this tough economy! Somehow I can’t bring myself too feel sorry for the guy when so many are truly hurting and worried about the necessities such as making the mortgage payment and keeping food on the table. At least his family won’t have to alter their [...]

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Credit Crunch

In Britain, there’s a new luxury chocolate treat. "Credit Crunch" has been launched to tempt shoppers looking for something to snack on during these times of economic woes. The fancy French chocolates are being sold at Selfridges department store. A 5-ounce bag costs about $7.
Maybe they’ll start exporting this chocolate goody to the United States, [...]

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Starting today at noon EST a 13 minute documentary  on John McCain’s role in the Keating Five scandal. The video will be hosted at keatingeconomics.com.
The current economic crisis demands that we understand John McCain’s attitudes about economic oversight and corporate influence in federal regulation. Nothing illustrates the danger of his approach more clearly than his [...]

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Dismal Friday Numbers

The U.S. unemployment rate unexpectedly shot up to 6.1 percent in August, its highest in more than 4-1/2 years, as employers cut payrolls for an eighth straight month and labor markets showed signs of accelerating decline.
The Labor Department said 84,000 jobs were lost in August, significantly higher than the 75,000 that economists surveyed by Reuters [...]

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Hardly a week goes by without some new report telling Americans they are getting more obese. Along with the obesity comes the added risk for heart disease, hypertension, type II diabetes, and stroke. Did you ever think of the financial costs of obesity? According to Newsweek here are the top 5 costs associated with obesity:

Lower [...]

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Check Your Bank Rating

Listening to CNN News this morning there was a segment on the troubled banking industry. They gave a web site to check your banks rating. With a few clicks I had a nice report on my local bank.
When you get to the page,  search by options – I put in state, that seemed the [...]

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Another Black Monday??

Hold on to your hats, Monday looks to be a wild day on Wall Street.  Like many Americans my husband and I watch our investments dwindle. From IRA’s, 401K, mutual funds, and stocks down it goes. Our investments are not risky, we’re at the age where we can’t afford to be risky.  But what the [...]

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I thought this was pretty interesting reported by reuters.
After a year of record mortgage foreclosures and slumping home prices, Americans are more determined to shape up their flabby finances in 2008 than their bodies, according to a study released by Countrywide Bank on Tuesday.
Some 67 percent of the 1,002 adults surveyed nationwide said that becoming [...]

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