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Wealth


Legal fees may add insult to injury for taxpayers

Taxpayers could find themselves footing the bill for much more than just bad mortgage and investment decisions, amid reports that some executives involved in the situation may be entitled to recover millions of dollars in legal costs from the government.

Economy Seen Struggling In The Short Term

The National Association for Business Economics is predicting that the economy will rebound in 2009 – but not before continuing to struggle in the short term.

Unstable markets could pay off for Roth investors

Ongoing instability in the stock market may offer a silver lining to those saving for retirement.

1,800 banks could line up for bailout funds

More banks could apply for their share of the government’s $700 billion rescue package than was originally estimated, according to a report in the Wall Street Journal.

AARP calls for retirement account withdrawals rule change

Older Americans could be financially penalized unless the rules governing mandatory retirement account withdrawals are amended, the AARP has warned.

Citizen group find plenty of financial nightmares in Washington

As another year of Halloween-inspired frights has just passed by, Citizens Against Government Waste has used the opportunity to point out some scary government behavior that has taken place over the past few months.

Fed slashes interest rates due to recession fears

The slowing economy and concerns about the availability of credit were at the heart of the Federal Open Market Committee’s unanimous decision to cut the federal funds rate by half of a percentage point on Wednesday.

The safety of I Bonds

Investors who are looking for a low-risk and high-yield place to store their wealth may be interested in exploring opportunities offered by inflation-linked savings bonds (I Bonds).

Did the bailout increase market volatility?

President Bush and Congress may have attempted to quell the volatility of the stock market by approving the $700 billion bank bailout, but some experts are suggesting the move has had the opposite effect.

Is gold still a safe investment?

Gold is traditionally viewed as a safe investment in troubled economic times. However, the price has been falling lately – a trend which has left many experts confused.

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