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It's yet another case of contaminated ground beef. This time, two deaths may be linked to the meat. FatFighterTV has a look at this story and other diet and fitness headlines making news this week. Read More »- Let’s talk: Comment (7) | Blog
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by Allegra Huston
What could we do with an extra $2.88 billion of public
revenue right now? It’s dark. You’re walking to your
car, the subway or just home. You spot a gang of youths out for a
night of fun. Your heart races. Then you see what they’re doing:… Read More »
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As Mark Twain once said, "There are three kinds of lies: lies, damned lies, and statistics." To me, this nicely sums up recent economic figures that suggest America has escaped the clutches of another great depression and is on the way to a sustained recovery. Government reports say that GDP rose at an annualized rate of 3.5% in the third quarter compared with the second. This was the first increase since the second quarter of 2008. However, as GDP grew consumers grew more skeptical as indicated by a fall in the consumer confidence index. A poll in The Economist found that 35% of respondents think the economy is getting worse; just 28% think it is getting better. Unemployment is still rising, and even a White House adviser, Christina Romer, predicts it will remain “severely elevated” throughout next year.
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Talk about a glass-half-full, glass-half-empty time. Just when we can be encouraged by news that the recession is over, it's hard to feel happy when so many people remain out of work and unemployment is expected to rise even more before it falls.
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Here's another reason it's hard to feel good about any possible forward momentum: A Hewitt Associates study finds that even though we have talked a good game about the importance of saving during this economic crisis, it turns out that half of all workers continue to cash out their 401(k) plans when they leave or change jobs. Read More »- Let’s talk: Comment (9) | Blog
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All the great philosophers seem to stress how living simply is one of the the biggest keys to happiness. As someone who is nearing their year anniversary of my unemployment, I have to say as someone who should be miserable from living a stagnant existence (financially that is), I…
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The retail industry is getting pretty desperate these days—how many more special events and functions will we see that scream “Oooo! Please, please come shop in our store!” According to theWall Street Journal, the latest tactic in trying to woo the recessionary customer is to assuage shoppers’ guilt.
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