Friday, October 28, 2011

A retired couple's plan to buy their dream home

A retired couple's plan to buy their dream home

A retired couple's plan to buy their dream home

Posted: 28 Oct 2011 08:40 AM PDT

Tom and Mona Phifer, 62 and 59, seem to be set up for a worry-free retirement. They have no debt and $1 million saved.

Test Headling

Posted: 28 Oct 2011 08:22 AM PDT


Saab sells for $140 million to Chinese firms

Posted: 28 Oct 2011 08:39 AM PDT

Swedish Automotive has reached an agreement to sell its struggling Saab unit to two Chinese companies, in a bargain-basement deal to try to save a company that's nearly out of business.

Stocks struggle after huge rally

Posted: 28 Oct 2011 07:18 AM PDT

U.S. stocks edged lower Friday, one day after a massive rally, as questions and doubts about Europe's debt-crisis deal started to emerge.

Savings rate falls to lowest level since 2007

Posted: 28 Oct 2011 08:16 AM PDT

The good news is, a recent pick-up in consumer spending is fending off fears of another U.S. recession.

Whirlpool cutting jobs, closing plant

Posted: 28 Oct 2011 05:34 AM PDT

Appliance manufacturer Whirlpool Corp. announced Friday that it's cutting 5,000 jobs, mostly in North America and Europe, and closing a refrigerator factory in Arkansas.

How Cirque du Soleil got started

Posted: 28 Oct 2011 04:47 AM PDT

Guy Laliberté, 52, started as a fire-breather and stilt-walker in Quebec, where he organized street festivals. He ended up running an entertainment empire with nearly $1 billion in sales, Cirque du Soleil, known for spectacular artistic and acrobatic shows seen around the world. Here's how he did it.

Shake Shack's new adventure

Posted: 28 Oct 2011 04:40 AM PDT

Now here's a cultural oxymoron: Danny Meyer, 53, is one of the great American restaurateurs of his generation; his Union Square Hospitality Group owns three of the Zagat Guide's top five fine-dining establishments on the island of Manhattan. When you think of a USHG restaurant, you think of a primo chef, maître d', flowers, and linen tablecloths. So why is Meyer's newest place a burger joint in the middle of suburbia -- just off Exit 19 of Interstate 95 in affluent Westport, Conn., across the street from Sharkey's Cuts for Kids?

More colleges charging $50,000 or more a year

Posted: 28 Oct 2011 04:13 AM PDT

An increasing number of colleges are charging more than what the average American earns.

Perry's flat tax: Why it's a bad idea

Posted: 28 Oct 2011 07:24 AM PDT

Howard Gleckman is a resident fellow at the Urban Institute and editor of TaxVox, the blog of the nonpartisan research organization Tax Policy Center. The opinions expressed in this commentary are solely those of the writer.

Facebook joins the Arctic crowd

Posted: 28 Oct 2011 05:00 AM PDT

The northern Scandinavian landscape is dotted with fjords, lingonberries and, if you believe some locals, elves. But another sight is increasingly common on the Arctic horizon: data centers.

Stocks: Investors take a step back

Posted: 28 Oct 2011 06:11 AM PDT

U.S. stocks were headed for a modestly lower start Friday, one day after a massive rally, as questions and doubts about Europe's debt-crisis deal start to emerge.

What's the ROI on investing in Y.O.U.?

Posted: 28 Oct 2011 08:00 AM PDT

The key measurement in deciding where to put your money is the expected ROI, or "return on investment." History and the current state of the economy allow you to make an informed guess about how different assets or classes of assets will perform in the future.

Thailand floods stall automakers

Posted: 28 Oct 2011 02:38 AM PDT

Still recovering from the Japanese earthquake, tsunami, and nuclear meltdown disaster, Asian automakers are now getting hit by another ecological nightmare: floods.

Land a job in a North Dakota boomtown

Posted: 28 Oct 2011 07:55 AM PDT

Workers are landing jobs that pay six-figures in the oil boomtowns of North Dakota. But the abundance of jobs and money comes with some steep trade-offs, including a lack of housing and extremely harsh winters.

Victims frustrated by new attention to Madoff

Posted: 28 Oct 2011 05:33 AM PDT

The media resurfacing of Bernard Madoff and his family has many victims of the notorious Ponzi schemer incensed over the attention being given to the man responsible for wiping out their life savings.

War of words breaks out over Silicon Valley diversity debate

Posted: 28 Oct 2011 07:46 AM PDT

Weeks ahead of the premier of a CNN documentary focusing on diversity in the tech industry, the charged issue is already generating sparks. A heated debate broke out on Twitter Wednesday night after a preview screening of Black in America 4.

Washington spars over government regulations

Posted: 27 Oct 2011 02:17 PM PDT

Onerous government regulations are either strangling the U.S. economy and killing job creation ... or they're not.

HP decides to keep its PC business

Posted: 27 Oct 2011 02:14 PM PDT

Hewlett-Packard announced Thursday that it will continue selling personal computers after all, reversing an earlier decision to exit one of its core business lines.

Global debt markets giddy with excitement

Posted: 27 Oct 2011 01:58 PM PDT

It was a beautiful day for risky assets as investment banks raced to sell new bonds and investors gobbled up Europe's sovereign debt.


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