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What Should I Be Doing With My 401(k)?
from NPR: Business Story of the Day Podcast
October 06, 2008
The Wall Street crisis has a lot of ordinary investors worried about their portfolios. Knight Kiplinger, editor in chief of Kiplinger's Personal Finance magazine and the Kiplinger Newsletter, says people should ride out the bear market. If investors want a safer environment, he says, they should mov...
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Not So Fast, Would-Be Retirees
from NPR: Business Story of the Day Podcast
October 02, 2008
The financial crisis on Wall Street is leading to lots of anxiety among investors, especially retirees. Many financial experts are calling on investors to be patient and wait for the stock markets to rebound, but retirees don't have the luxury of taking that advice. Now those experts are cautioning ...
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Is The Economic Sky Falling?
from NPR: Business Story of the Day Podcast
September 30, 2008
The rescue package for the financial sector failed in Congress Monday. Stock markets fell overseas. Now many people are wondering what will happen next with the U.S. economy. Will all those apocalyptic predictions come true now that the bailout bill has failed?...
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Warren Buffett Backs Goldman Sachs
from NPR: Business Story of the Day Podcast
September 24, 2008
Amid all the uncertainty on Wall Street, investor Warren Buffett is giving a $5 billion vote of confidence to Goldman Sachs. The investment bank is considered to have a relatively strong balance sheet, but its stock has dropped sharply in the fallout of the subprime mortgage disaster....
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What Brought AIG Down?
from NPR: Business Story of the Day Podcast
September 18, 2008
After the $85 billion bailout of American International Group, a question remains: What went wrong with the giant insurer? The problem may stem from AIG's efforts to apply familiar business practices to unfamiliar ventures....
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Government Financial Rescues On The Rise
from NPR: Business Story of the Day Podcast
September 15, 2008
The government stepped in to help Bear Stearns and recently orchestrated a takeover of Fannie Mae and Freddie Mac. How far will the government go to rescue other firms like Lehman Brothers? Business journalist Joe Nocera talks with host Scott Simon about the moral and practical hazards....
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Bike Messengers Branch Out
from NPR: Business Story of the Day Podcast
September 04, 2008
The bike messenger business is changing. Electronic document transfer especially for legal documents has cut into the business. But now, high gas prices and new bikes that can carry bigger loads mean that bike messengers are branching into bigger deliveries....
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'One Laptop' Falls Short Of Education Goals
from NPR: Business Story of the Day Podcast
August 27, 2008
One Laptop Per Child was an ambitious promise to children in the third world. The project has had trouble with its leadership, finances and competitors. Instead of the legacy of education for third-world children, the One Laptop Per Child program has spurred an industry in low-cost laptops for consu...
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Missouri's 'Tightwad Bank' Re-Opens
from NPR: Business Story of the Day Podcast
August 11, 2008
Tightwad Bank in Missouri has re-opened. The latest incarnation of this bank includes low-fee banking and debit cards emblazoned with the word "Tightwad." While many banks are struggling, this bank hopes to capture attention and investors with its quirky name and the slogan, "The bank with a sense o...
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Will The Housing Bill Work?
from NPR: Business Story of the Day Podcast
July 25, 2008
On Saturday, the Senate is expected to lend its approval to a major bill aimed at bolstering the battered U.S. housing market. Economists dislike the bill. Many fear this short-term legislative fix will not address a longer-term problem....
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