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Consumer Finances Strained, Study Says

The persistently high unemployment rate and troubles in the housing market are weighing on consumers' financial health, a new study from credit-counseling agency CredAbility suggests.

Wealthy Investors Stay Invested in Stocks

People with at least $1 million in investable assets are sticking the course when it comes to investing, a new survey indicates.

Credit Card Performance Continues to Improve

Americans' personal finances may slowly be returning to health.

Travel Spending Poised to Rise

During this year's holiday season and into 2011, Americans will be spending more on travel, separate surveys indicate.

Home Sellers Cut Prices Aggressively

More than a quarter of homes on the market in October had had their prices reduced at least once, real estate data site Trulia.com says.

American Workers Leaving Retirement Savings on the Table

Many Americans aren't rolling their retirement savings into an individual retirement account or a new 401(k) when they switch employers, Dutch bank ING Direct says.

This Holiday Season, Consumers Expect to Be Frugal

Consumers may spend slightly more this holiday season than last, according to projections from the International Council of Shopping Centers and the National Retail Federation - but they will be spending cautiously.

College Savers Bearish on Stocks

With the S&P 500 equity index having declined precipitously towards the end of the last decade and barely budging in the first eight months of 2010, Americans saving for college are shying away from parking their savings in stocks, a new poll shows.

More Women Likely to Understand, Participate In Retirement Plans

Women are more likely to understand the benefits their workplace-sponsored retirement plans provide than they were a year ago, insurer The Hartford reports.

Consumers Expect to Maintain or Cut Discretionary Spending

With joblessness high and economic uncertainty still extant, consumers are largely unwilling to spend, a Discover study shows.

Chinese Supercomputer Is the World's Fastest

China's National University of Defense Technology announced October 28 that it has developed the world's fastest supercomputer.

Small Businesses Expect to Grow, But Hiring May Not Follow

A majority of small businesses anticipate that they will grow in the coming year, a recent ADP survey found.

Halloween Spending Expected to Rise

Spending on costumes, candy and decorations is a Halloween tradition - and people plan to spend more this year than they did in 2009.

Home Sales Rise in September

Sales of existing homes rose 10 percent between August and September, a Realtors group says.

Home Healthcare and Nursing-Home Costs Add to Retirement Burden

Already, the Employee Benefits Research Institute says, Americans are facing a severe retirement-savings shortfall - a situation that's made even direr when nursing-home and home healthcare costs are added to the mix.

Economic Recovery Will Be Slow, Executives Say

The nation's economic situation will continue to improve, CEOs polled by executive-networking organization Vistage say - but the pace of improvement should be gradual, at best.

Small Business Owners Disappointed in Bank Performance

Small business owners are having a hard time getting credit, as the Federal Reserve Bank of New York indicated in a recent report - and it appears that they're blaming their banks.

New York Fed Poll Shows Small Business Credit Hard to Find

Credit is hard to come by for small business owners, the Federal Reserve Bank of New York says.

Kiva to Offer More Microloans to U.S. Entrepreneurs

Kiva.org is a site devoted to microlending - it lends donated money to entrepreneurs in developing countries. To date, more than 420,000 companies in emerging-market nations have been started with Kiva's help.

Americans Uncertain How to Save for Retirement

A majority of people know they need to save for retirement, a recent TIAA-CREF survey shows - but too few understand how to actually go about saving.

For Younger Boomers, Financial Crisis Served as Wake-Up Call

Younger baby boomers - those in their 40s - are more likely to be concerned for their financial future than older boomers, insurer and annuity provider Allianz says.

Workers More Pessimistic About Retiring on Time

Saving for retirement is proving challenging for many Americans, a new survey from Sun Life Financial shows.

In Much of the Nation, Home Prices Slide

Between the quarter ended August 31 and the three months ended September 30, home prices fell in the West, Midwest and South, real estate data firm Clear Capital reports.

Newly Lean Small Businesses Poised to Grow

American small businesses have been paring costs aggressively since the recession began, and their efforts may have positioned them to seize on business opportunities, an American Express survey suggests.

Sales Taxes at Highest Level Since 1982

State governments, struggling to balance their budgets, are hiking sales taxes to make ends meet.

Small Business Hiring Ticked Up in September

Small businesses expanded their payrolls last month, accounting and finance software company Intuit says - but the payroll gains weren't large.

Mortgage Applications Jump, Industry Group Says

Applications for purchase mortgages rose sharply in the week ending October 1, the Mortgage Bankers Association reported October 6.

More Parents Say College Savings Are Most Important

The proportion of parents who say saving for their child's college education is their top financial priority rose between 2009 and 2010, lender Sallie Mae reports.

Employee Satisfaction and Confidence Grow More Negative

Even people with jobs are feeling the pinch of the economic slowdown.

Small Business Administration Backs More Loans in 2010

The Small Business Administration backed significantly more small-business loans in fiscal 2010 than fiscal 2009, data shows.

Double-Dip in Real Estate Still Possible, IMF Warns

The nation's residential real estate market is a long way from returning to health, the International Monetary Fund said in a report released October 6.

Workers Near Retirement Cut Back, Delay Retirement Plans

The rising cost of healthcare and shrunken retirement accounts are forcing many older workers to slash spending and work longer, a survey by professional services firm Towers Watson shows.

College Savings Rise Despite Recession Impact

Even in the teeth of the economic downturn, parents continued to sock away money for their children's college education.

John Hancock Offers New Currency Fund

John Hancock Funds, the Boston-based institutional investment firm, has a new currency fund available to retail investors.

Consumers Still Reluctant to Spend, Poll Shows

American consumers are just as reticent about making big-ticket purchases as they were at the start of the recession, a new poll by Harris Interactive shows.

Nearly Three-Quarters of Americans Not on Track to Meet Retirement Goals

Seventy-two percent of Americans with 401(k) plans aren't going have enough saved by the time they retire to provide 70 percent of their pre-retirement income, financial-management company Financial Engines reports.

Financial-Education Group Encourages Americans to Reveal Impulse Buys

The National Endowment for Financial Education is hoping Americans will confess their biggest spending blunders.

Fifteen-Year Loan Rates Plummet to Record Low

Home loan rates are at record lows, new data from Freddie Mac and the Mortgage Bankers Association shows.

Medicaid Enrollment Expands Sharply

Medicaid enrollment grew faster than state budget offices anticipated during the 2010 fiscal year, a new report from the Kaiser Family Foundation shows.

UBS Announces Emerging-Markets Wealth Management Division

Investment bank and money-management firm UBS announced this week that it is creating a wealth-management division for emerging-market customers.

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Getting a Grip on Student Loan Debt

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