Archive for February, 2010

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Extended jobless benefits start ending

Depending on extended unemployment benefits to see you through the Great Recession?


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Chile quake damage could reach $30 billion

The massive earthquake that struck Chile this weekend did between $15 billion and $30 billion in damage to the South American nation’s economy, according to a risk management assessment firm.


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The secret lives of America’s debtors

Americans are loaded up with credit card debt. What’s worse is that some husbands, wives and even children hide those money woes from their families. The results are often devastating.


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How U.S. Olympians pay the rent

Even Olympians have to pay the rent.


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All eyes on the job market

A wave of disappointing economic reports has revived fears that the recovery is unsustainable, upping the ante for this week’s batch of economic news, including the big February jobs report Friday.


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Buffett’s winners and losers

A rousing stock rally has repaired much, but not all, of the damage the 2008 market meltdown inflicted on Berkshire Hathaway’s stock portfolio.


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Gatorade drops sponsorship of Tiger Woods

PepsiCo’s Gatorade said Friday that it has ended its business relationship with Tiger Woods.


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Buffett’s $50 million credit card blunder

Peddling credit cards isn’t so easy that a caveman can do it.


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Berkshire bounces back

Berkshire Hathaway reported today that its book value rose in 2009 by $21.8 billion, a record for the company. The previous record was $16.9 billion, set in 2006.


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Buffett vents on financial fat cats

Warren Buffett has an elegant solution for the thorny problem of too-big-to-fail banks: Put the bankers’ bank accounts on the line.


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