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The happiest Canadians are in their 60s and 70s, out of debt and with a romantic partner, according to an Ipsos study. Read More »
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Health | happiness debt love in s
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Arizona's Rep. Gabrielle Giffords draws applause and a crowd on the House floor when she shows up to vote for the debt-limit bill, her first Capitol visit since being shot in the head in January. Read More »
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News | a bright moment debt crisis
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BOSTON (TheStreet) -- Anyone looking to leave a sizable financial legacy to his or her family has dodged a tax bullet -- for now. Those with significant wealth have watched the debt ceiling debate intently, looking for a hint as to what will happen to the rules and taxes that could affect their estate plan. The wealthy have watched the Washington debt ceiling debate intently, looking for Read More »
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Finance | debt crisis change estate tax
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If the founders could only see what's happening now they'd be disgusted and mighty pissed off! This is hardly a market headline now is it? Well, you won't see it anywhere else but my sense is most people are feeling as Father George would feel right now. We did, or are getting, the debt ceiling relief everyone was worried and fixated upon. We'll get a vote in the Congress after 6-7 PM EDT. .. Read More »
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Finance | debt deal yields debt daves daily
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Seeking distance from that seething voter disappointment is a prime objective for any politician. Read More »
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News | next pols debt dodging angry voters
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The White House and Republicans are discussing an accord that would raise the nation's borrowing limit by about $2.4 trillion and cut spending by slightly more. Read More »
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News | signs big step debt deal
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NEW YORK (TheStreet) --Money market funds that invest in government-only securities are losing investors at two and a half times the rate of other funds, as worries over the debt ceiling crisis rattle the market. Almost $27 billion was taken out of Government money market funds (MMFs) last week, according to data compiled by the Investment Company Institute, with funds that deal with institution Read More »
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Finance | money fund investors flee debt crisis
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President Obama urged the parties to work together on a plan. Read More »
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News | obama debt ceiling fix quick
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Congress members raced on Saturday to develop a new strategy for raising the federal debt limit ahead of markets' opening. Read More »
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News | leaders hold hope debt agreement
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House Speaker John Boehner says he wants to announce the outlines of a plan by 3 p.m. today, to assure investors before Asian stock markets open Monday. Read More »
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News | debt ceiling talks deadline
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Speaker Boehner says lawmakers "have a responsibility to act." Read More »
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News | gops boehner debt we responsibility act
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We are coming to the end of the road for debt talks in both the U.S. and Europe. French president Sarkozy has flown to Berlin trying to convince the Germans to go along with a new "emergency" fund PIGS and others could tap into to avoid default. It works like a HELOC without the collateral. The Germans would bear the brunt of the funding of course and haven't been enthusiastic. But, there's lit Read More »
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Finance | debt talks overdrive daves daily
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President appealed to Congress to back the bipartisan proposal. Read More »
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News | obama praises gang debt plan
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The presidential candidates aren't the only Republicans divided about letting the government borrow even more money to pay its bills. So, too, are the voters they're courting. Read More »
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News | gop voters divided candidates debt debate
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The White House held out hope Sunday that there's still time "to get something big done" as the deadline for raising the nation's debt ceiling draws near. Read More »
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News | obama congress assess debt options
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By Jeff Cox, CNBC.com Staff Writer NEW YORK (CNBC) -- Failing to raise the U.S. debt ceiling could have at least one desirable casualty: the bond vigilantes who are betting that Congress will keep on racking up debt with endless abandon. Much panic has been fomented over what would happen if the borrowing limit stays put, but little focus gets paid to what good could come of it. In an an Read More »
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Finance | failure reach debt deal good
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Good earnings from YUM Brands (YUM) and J.P. Morgan (JPM) couldn't trump worries about the DC debt drama and Bernanke's tossing cold water on QE3. Bernanke's post day one internal focus group laid an egg on advice for day two testimony. Remember, the Fed is keen to gauge market reaction to anything he might say. Jobless Claims data were marginally better than expected but still over 400K for t Read More »
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Finance | investors fear debt drama daves daily
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I suppose a roller coaster or yo-yo image would do for the day's theme and image. Italy and Portugal markets down hard early rallied from very low levels late in the day as an Italian bond auction went well. It did so because it had to and no doubt the ECB, China and other central banks were in buying bonds to be supportive. In the U.S., traders overall were looking for reasons to buy and tri Read More »
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Finance | european debt disruptions rattle markets daves daily
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President Barack Obama hasn't given up on getting congressional leaders to accept a $4 trillion debt reduction deal that Republicans have rejected for its tax increases and Democrats dislike for its cuts to programs for seniors and the poor, administration officials said hours before talks resumed Sunday. Read More »
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News | obama giving trillion debt reduction deal
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Immersed in an intense struggle to cut the national debt, President Barack Obama faces a dilemma that will stay with him even if he succeeds in striking a grand deal with Congress: convincing Americans that the entire effort will do anything to create desperately needed jobs. Read More »
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News | obamas challenge debt deal jobs too
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Analysis: Obama and the GOP seem determined to pursue accord and discord simultaneously, sparing the economy from calamity while fighting over health insurance. Read More »
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News | yin yang debt medicare
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For over a year we've been reading about PIIG Portugal, Ireland, Italy, Greece debt problems, so why the big surprise now? It seems a silly excuse. It may be markets are tired and DeMark monthly 9 readings have confirmed a trend correction was at hand. I've posted these readings for the past few weeks and markets have responded accordingly despite ongoing QE quantitative easing and ZIRP zero Read More »
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Finance | nothing shocking european debt daves daily
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BOSTON (TheStreet) -- They say you can't take it with you -- a saying that these days applies as much to debt as wealth. Two trends are taking place among the nation's retirees. One group is racking up debt at a pace they won't live long enough to pay off, and have few qualms about doing so. Other debt-heavy retirees feel forced to declare bankruptcy in growing numbers. A recent survey commissi Read More »
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Finance | more seniors cart credit card debt grave
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There have been only a scattering of stories regarding negative conditions in the muni bond market; but, finally with the collapse in prices news of troubles are now taking on tsunami conditions. Meredith Whitney brought this story out a few weeks ago and did so again on 60 Minutes while governors like NJ Governor Chris Christie also discuss the same problem. I know something about this since c Read More »
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Finance | muni debt worries daves daily
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BOSTON (TheStreet) -- Debt has become a four-letter word. Americans, shocked and shamed into a new frugality, are paying off credit cards and shunning new financing. This well-intentioned trend may not be as prudent as it seems, says Morrison Creech, head of private banking and executive vice president for Wells Fargo Private Bank. ... Click to view a price Read More »
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Finance | debt bad thing

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