Initial jobless claims drop more than expected

New claims for unemployment benefits fell more than expected last week as layoffs ease and hiring slowly recovers. The Labor Department said first-time claims dropped by 14,000 to a seasonally adjusted 442,000.
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Retirement: The Three Stages

Question: Most people assume that your income needs will remain constant throughout your retirement years. But my wife and I plan to retire early and do a lot of international travel and volunteer work while we’re still young. I can’t see us continuing the same travel schedule in our late 70s as in our late

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International Investing Lessons

Investing abroad makes sense. But to do international investing right, understand three key lessons from the latest mess.
1. No refuge in a panic
Spreading your bets all over the globe can reduce risk, but perhaps not the way you expect. It doesn’t ensure that you’ll always have at least one stock fund that’s making money; indeed,

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Student-loan program may get overhaul, too

Along with the historic overhaul of the nation’s health-care system may come a sweeping change to our student-loan system.
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Economic Report: Durable goods orders rise for 3rd straight month

In another sign that spending is recovering, demand for U.S.-made durable goods rose a seasonally adjusted 0.5% to 8.1 billion in February, the third straight increase in a key forward-looking indicator, according to Commerce Department data.
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Taxes and Estate Planning: New Ways to Give More Away

Taxes and Estate Planning
Tax advisers are pushing new maneuvers that allow taxpayers to get more money to their children and to their favorite cause—at the same time.
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Five Ways You Can Hurt Your Credit Score

As banks shy away from making risky consumer loans, a mediocre credit history just won’t cut it anymore. To get the best rates on mortgages, credit cards and auto loans, you need a killer score.
1. Making late payments
A single late payment on a credit card or other loan could ding your score by as much

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Mortgage modifications spread beyond feds

Mortgage debt:
More mortgage lenders are offering modifications to troubled homeowners on their own without going through the government’s HAMP process.
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Surprise tax bills for millions of Americans

More than 15 million people will get an unexpected tax bill this year or next thanks to the Making Work Pay credit, according to a report from the Treasury Inspector General for Tax Administration.
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What to do if you can't pay your taxes

If you’re stuck with a tax bill this year, rather than your usual refund, you’re not alone. This year and next, more than 15 million taxpayers may find they unexpectedly owe Uncle Sam because they received more of the Making Work Pay tax credit than they were entitled to. Here are some tips on what

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