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Archive for May, 2007

Money 101: All 23 lessons

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Best places to retire


With thriving street life and plentiful housing, college towns are drawing retirees for whom culture is as important as golf.

What’s next for the boomers
8 key questions answered, 5 retirement strategies and more from the March issue. Full table of contents.

US economy set for soft landing: OECD (AFP)

Construction workers build a new home in North Aurora, Illinois. The Organisation for Economic Cooperation and Development (OECD) has predicted that the US economy appears set for a soft landing but it warned that the troubled sub-prime mortgage sector still poses a major risk.(AFP/File/Jeff Haynes)AFP - The US economy appears set for a soft landing, the OECD said Wednesday, but it warned that the troubled sub-prime mortgage sector still poses a major risk.


Best jobs in America
Second annual edition…Money Magazine and Salary.com sought out the best jobs for anyone ready for a new challenge.

Cuomo discusses student loan ethics (AP)

AP - New York’s attorney general criticized college financial aid officials Saturday for proposing a code of conduct he said fails to curb abuses in the student loan industry his office has uncovered.


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8 key questions answered, 5 retirement strategies and more from the March issue. Full table of contents. More Info…

Angelo Mozilo, Chairman and CEO of Countrywide Financial Corporation, answers questions from a reporter during a session at the MBA's National Secondary Market Conference and Expo in New York May 21, 2007. (Lucas Jackson/Reuters)Reuters - NEW YORK (Reuters)- Angelo Mozilo, the butcher's son who built Countrywide Financial Corp. into the largest mortgage lender in the United States, was in no mood for soul-searching over the subprime home crisis.


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Reuters - Money manager Eaton Vance Corp. said on Wednesday its quarterly profit fell 42 percent as it spent millions to launch a closed-end stock fund that helped boost its assets under management. More Info…

Money 101: All 23 lessons

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Construction workers build a new home in North Aurora, Illinois. The Organisation for Economic Cooperation and Development (OECD) has predicted that the US economy appears set for a soft landing but it warned that the troubled sub-prime mortgage sector still poses a major risk.(AFP/File/Jeff Haynes)AFP - The US economy appears set for a soft landing, the OECD said Wednesday, but it warned that the troubled sub-prime mortgage sector still poses a major risk.


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Intuit profit up, announces stock buyback (Reuters)

Reuters - Intuit Inc. posted higher quarterly profit on Thursday, topping Wall Street forecasts, on strong demand for its TurboTax and QuickBooks software, sending shares up nearly 6 percent.


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What’s next for the boomers


8 key questions answered, 5 retirement strategies and more from the March issue. Full table of contents.

Retire Early
The Ultimate Dream: How to achieve financial freedom long before 65. Plus: Best Jobs in America. Full table of contents for the April issue.

What’s next for real estate
Reports on 380 home markets across the country. See latest prices, forecasts, and other key stats.

The man who explained it all
Once you win a Nobel for explaining the fundamental principles that drive the financial markets, there are two things left for you.

When you need a financial planner


Question: How do I find and evaluate a good financial planner? I have always done my own savings and goal setting, but I am not a professional. I’ve worked hard for my money and have always been hesitant to entrust it to someone else. - Robert, Thomaston, Connecticut

Blackstone seen paying up on CMBS deal (Reuters)

Tony James, President of the Blackstone Group, speaks during the Reuters Investment Banking Summit in New York, November 14, 2006. Blackstone Group will likely have to offer more yield on its massive $7.4 billion commercial mortgage-backed securitization in early June to boost investor confidence in its stand-alone deal. (Keith Bedford/Reuters)Reuters - Blackstone Group will likely have to offer more yield on its massive $7.4 billion commercial mortgage-backed securitization in early June to boost investor confidence in its stand-alone deal.


Money 70: Best funds

Use these picks to fill any hole in your portfolio. More Info…

The man who explained it all

Once you win a Nobel for explaining the fundamental principles that drive the financial markets, there are two things left for you. More Info…

Intuit President and Chief Executive Steve Bennett in an undated file photo. Intuit Inc. posted higher quarterly profit on Thursday, topping Wall Street forecasts, on strong demand for its TurboTax and QuickBooks software, sending shares up nearly 6 percent. (Intuit, Inc./Handout/Reuters)Reuters - Intuit Inc. posted higher quarterly profit on Thursday, topping Wall Street forecasts, on strong demand for its TurboTax and QuickBooks software, sending shares up nearly 6 percent.


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Americans are flocking to places that offer big-city opportunities and amenities — with a lot more green space and a lot less stress. See the top 10 Great American Towns. More Info…

Take your home outside


Pam and Mark Elmore weren’t in the market for a home last summer. But when the Bend, Ore. couple happened to stop by a newly built house with a 1,000-square-foot patio, a fully equipped outdoor kitchen - fridge and range included -and a fire pit, they immediately realized they had to have it.

Countrywide chief decries subprime regulation (Reuters)

Angelo R. Mozilo, Chairman and CEO of Countrywide Financial Corporation, answers questions from a reporter during a session at the MBA's National Secondary Market Conference and Expo in New York May 21, 2007. (Lucas Jackson/Reuters)Reuters - Countrywide Financial Corp. Chief Executive Angelo Mozilo said on Monday that proposed regulation in the subprime mortgage industry would help crooks while hurting legitimate lenders and the housing market.


When you need a financial planner
Question: How do I find and evaluate a good financial planner? I have always done my own savings and goal setting, but I am not a professional. I’ve worked hard for my money and have always been hesitant to entrust it to someone else. - Robert, Thomaston, Connecticut

Best jobs in America
Second annual edition…Money Magazine and Salary.com sought out the best jobs for anyone ready for a new challenge.

What’s next for real estate
Reports on 380 home markets across the country. See latest prices, forecasts, and other key stats.