Rick Newman


November 2009


How to Tell If You're Saving Enough

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Save or spend? That will be the question that bedevils consumers over the next several years as they replenish their rainy-day funds, rebalance their debt, and limp toward retirement.

It's no secret that Americans spent too much and saved too little over the last decade. For 40 years after World War ...

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TAGS:
debt

Why Unemployment Will Hit 11 Percent

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Boy, are we optimistic. The economy has been losing jobs for 23 months, and it's still not clear when that gruesome trend will turn around. Yet the stock market is skyrocketing, and investors are telling themselves that stocks are a "leading indicator," so a vigorous recovery must be right around ...

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TAGS:
unemployment
economy

15 Cars Fueling the Auto Recovery

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As comebacks go, it's an awfully weak one. Annual car sales in 2009 are likely to end up at the lowest level in years, down more than 40 percent from their peak in 2005. The worst months came in the spring, punctuated by the bankruptcy filings of General Motors and Chrysler. The cash-for-clunkers ...

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TAGS:
cars

Restaurants on a Roll

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It might not be good for America's waistline, but froufrou dining off petite plates is out. The recession has made us hungry for family-size piles of comfort food, skyscraping burgers, and all-you-can-eat fries.

Like other segments of the retail economy, the restaurant industry has struggled over ...

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TAGS:
food and drink
recession
economy

The Private Sector Gets Another Chance

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A lot of economic indicators go hot and cold these days, but here's one that's been consistently getting better: The government has been steadily withdrawing its extraordinary support for the ravaged economy.

It might not seem that way. Lender GMAC is lined up for another bailout of $3 billion to $6 ...

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TAGS:
bailout
economy

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