All Business
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Fiscal cliff could impact low-income families the most
The fiscal cliff debate thus far leaves the most vulnerable families quite close to the edge, Maag writes. 12/20/2012 08:00 am
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Despite easy credit, a decline in late car payments
Americans are keeping up with their car payments even as credit once again becomes easier to find, Read writes. 12/19/2012 06:00 pm
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Stocks sink as budget deadline nears
Stocks closed down on Wall Street as a year-end deadline nears with no deal in hand to cut the US government's budget deficit. Telecommunications stocks and health care stocks fared the worst. 12/19/2012 04:50 pm
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A mixed November for home construction
Single family home construction permits dropped 0.2 percent from October to 565,000 single family units. Single family home construction permits remained 68.58 percent below the peak in September 2005. 12/19/2012 02:00 pm
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UBS to pay $1.5 billion in fines over LIBOR rate scandal
The Swiss bank agreed to the fine Wednesday, settling with US, British, and Swiss regulators. In the case, UBS employees tried to rig the London Interback Offered Rate, or LIBOR, using different currencies. 12/19/2012 01:50 pm
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For cheap travel, avoid souvenirs
A truly special souvenir doesn’t need to cost very much, and the best ones are rarely found in an overpriced souvenir shop, Hamm writes. 12/19/2012 10:06 am
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Fitch Ratings to US: Fix 'fiscal cliff' or risk credit downgrade
Fitch Ratings, a leading credit ratings agency, warned Wednesday that the US is likely to lose its top-notch debt rating if lawmakers cannot agree to a solution that prevents the economy from going over the 'fiscal cliff' at the end of 2012. Fitch Ratings called the resolution of the fiscal cliff and an increase in the debt ceiling 'pressing issues.' 12/19/2012 09:33 am
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Loner leaves $7.4 million in gold coins to long-lost cousin
Loner leaves $7.4 million in gold coins to his first cousin, a San Francisco-area teacher who was named his sole heir. The $7.4 million fortune come from a wide variety of Austrian gold coins, some that date as far back as the 1890s. 12/19/2012 08:47 am
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The toughest obstacles in the budget debate? Entitlements.
Somehow we must find ways to gain control over spending on Medicare and Medicaid, Penner writes. 12/19/2012 08:00 am
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Investors shun gun stocks in wake of Sandy Hook
Gun company stocks Sturm, Ruger & Co. and Smith & Wesson Holding Corp fall for the third straight day. Private-equity firm Cerberus Capital Management says it will sell Freedom Group Inc., which makes the rifle used in the Sandy Hook massacre. 12/19/2012 01:38 am
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Is Ireland's economy on the rebound?
Ireland has in the recent year come to diverge in a positive way from Portugal, Spain, Italy and Greece, Karlsson writes. 12/18/2012 05:22 pm
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Stocks gain on budget deal optimism
Stocks climbed Tuesday on renewed hope for a budget deal that will stop the US from going over the fiscal cliff. Stocks slumped after the presidential election on concern that a divided government would struggle to reach an agreement. 12/18/2012 05:21 pm
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Children need financial role models
The media tends to shine their light on expensive items or people with exceptionally high incomes who can afford to spend in a way that’s inaccessible to most of us, Hamm writes. 12/18/2012 01:58 pm
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Good signs for housing market in December
The housing market showed continued improvement in December with the National Association of Home Builders' latest Housing Market Index rising to 47. 12/18/2012 01:20 pm
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McDonald's open on Christmas? Yes, burger chain tells owners.
McDonald's is urging its US restaurant owners to remain open on Christmas Day, a major break for a company that usually closes on major holidays. The decision comes after a successful Thanksgiving Day for McDonald's. 12/18/2012 12:43 pm
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Cerberus private equity firm to sell stake in firearms makers after Newtown shooting
Cerberus said Tuesday that it would sell its stake in the Freedom Group, which owns the Bushmaster rifle brand, as well as Remington and other gun makes. 12/18/2012 12:25 pm
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Dick's Sporting Goods suspends rifle sales nationwide
Dick's Sporting Goods chain says it's suspending sales of modern rifles nationwide because of Friday's school shooting in Connecticut. 12/18/2012 12:21 pm
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Robert Griffin III: Redskins QB's jersey breaks sales records
Robert Griffin III Redskins jersey has set the all-time sales record for NFL jerseys since the league started keeping track – and with a Redskins playoff berth possibly looming, he is bound to sell many more. What makes Robert Griffin III so marketable? 12/18/2012 10:24 am
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How Eisenhower and Congressional Democrats balanced the budget
President Dwight Eisenhower truly believed that budgets should be balanced, and his 1960 budget incorporated severe spending restraint and only minor tax increases, Penner writes. 12/18/2012 10:00 am
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