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Pew: Student loan debt rises sharply

Sep 27, 2012
There’s a new report out today from the Pew Research Center with some startling statistics on student loan debt: It’s rising sharply in the U.S.
Posted In: student loan debt, pew research center
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Defense layoffs or bluff?

Sep 27, 2012
Contractors say 'fiscal cliff' could force layoffs; legal deadline for pink slips looms
Posted In: fiscal cliff, defense contractors
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PODCAST: Greek and Spanish protests, 3-D printing buzz

Sep 26, 2012
More protests are expected in Spain today after some big demonstrations last night. There's outrage over a new round of budget cuts as Spain tries to avoid becoming the next Greece. New home sales in the U.S. fell in August. A new study finds that total knee replacements have more than doubled in the past two decades. What does that mean for health care costs? Plus, stories on wind farms in Oregon, 3-D printing retailers, and the controversial NFL call that led to a loss for the Green Bay Packers.
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How home sales and job growth are related

Sep 26, 2012
We’re getting another pulse check on housing later this morning. The numbers on new home sales for August come out today, and they’re expected to be pretty good. How does an uptick in housing affect the job market? Turns out, they are pretty closely linked.
Posted In: home prices, Unemployment
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British banking group gives up LIBOR power

Sep 26, 2012
A group representing British banks is giving up its responsibility for setting a key global interest rate. The British Bankers Association will no longer control LIBOR -- the London Interbank Offered Rate. That's the benchmark for hundreds of trillions of dollars in mortgages, student loans and other transactions around the world.
Posted In: LIBOR, banking
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PODCAST: Consumer confidence, health care spending jump up

Sep 25, 2012
Health care spending grew more than 4 percent last year. Workers at Yahoo! are expecting to hear from the company's new CEO today on her plans to jump-start growth. A dispute between China and Japan over a chain of islands could have a real impact on the U.S. economy because Japan is expected to switch focus from a free-trade pact with China to a new one with the United States. And if you're trying to get ahead in this economy, there's some age-old wisdom that would seem to apply -- play up your accomplishments. Seems obvious, but maybe that's in fact not your best plan of attack.
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The good news in housing and confidence

Sep 25, 2012
Today, the latest Case-Shiller Home Price index was released. It looks at housing prices in the 20 biggest metropolitan areas of the country. Consumers are also upbeat: consumer confidence jumped to the highest level since February.
Posted In: Housing, case shiller, consumer confidence
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Former regulator Sheila Bair on the financial crisis

Sep 25, 2012
It may be too early to assign blame for Europe's economic crisis, but it is not too early to figure out what went wrong in this country back in 2008. Sheila Bair headed the FDIC back then, and is out with a new book this morning, in which she says she saw signs of trouble in subprime mortgages way back in 2006.
Posted In: FDIC, financial crisis, mortgage crisis
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Health care spending grows 4% after downward trend

Sep 24, 2012
Study finds growth in healthcare spending has reversed its post-recession slump.
Posted In: health care, healthcare spending
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Measuring the strength of the economy and the stock market

Sep 24, 2012
We've said it before, and we'll say it again: the economy and the stock market are not one and the same. The performance of the economy under a president is open to wide interpretation. The stock market, on the hand... Well, we can measure that.
Posted In: president, Economy, stock market

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