Highlights
A collection of news and information related to Retirement published by Tribune Company sources.
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Retirement accounts have lost $2 trillion, leading Americans to keep working, stop saving
Associated Press WriterWASHINGTON (AP) _ Americans' retirement plans have lost as much as $2 trillion in the past 15 months — about 20 percent of their value — Congress' top budget analyst estimated Tuesday as lawmakers began investigating how turmoil in the...Tags: National Government, Dennis Kucinich, 401K, Government, George Miller
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Dow falls 508 points
Associated PressFrantically trying to stop the bleeding on Wall Street, the Federal Reserve took a first-time step yesterday to get cash directly to businesses and hinted that interest rates could come down soon. Stocks continued their free fall anyway and hit new five-...Tags: Economy, National Government, Central Bank, Debt Market, Stock Activities
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Retirement plan rejected
The Baltimore County school board voted last night to reject changing retirement plan services to a single provider, after a protest from hundreds of employees and the district's five labor groups. The board unanimously opposed the recommended contract...Tags: Patapsco, National Government, Teaching and Learning, Government, Employees
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Bailout not enough
It's official! The bank bailout has not worked. Global stock prices are in a panic rush to the bottom. The bailout cannot fulfill its primary mission to restore investor confidence, because it does only half the job. It will provide banks with much-...Tags: George C Scott, National Government, Nancy Pelosi, Barack Obama, Government
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Retirement accounts hit hard
Associated PressThe upheaval that has engulfed the financial markets is also devastating people's savings, forcing families to hold off on major purchases and delay retirement, Peter Orszag, the head of the Congressional Budget Office, told the House Education and... -
FINANCIAL CRISIS: Retirement Plan Losses Estimated At $2 Trillion
WASHINGTON — Americans' retirement plans have lost as much as $2 trillion in the past 15 months — about 20 percent of their value — Congress' top budget analyst estimated Tuesday as lawmakers began investigating how turmoil in the...Tags: National Government, Government
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Workers are stunned as nest eggs plunge 20% in just 15 months
The Associated PressAmericans' retirement plans have lost as much as $2 trillion in the past 15 months -- about 20 percent of their value -- Congress' top budget analyst estimated Tuesday as lawmakers began investigating how turmoil in the financial industry is whittling...Tags: National Government, Dennis Kucinich, 401K, Government, George Miller
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Depression talk speaks of recovery
Let's deal with your worst fantasies: The "D" word. Some people have bandied it about—the prospect that perhaps this is the big one, the 100-year flood in the stock market, or another depression. Most market observers don't feel that way....Tags: Ben Bernanke, Stock Broking, Transportation Accidents, Federal Reserve, Personal Finance
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McCain, Obama clash on cause, cure for econ crisis
The Associated PressDemocrat Barack Obama and Republican John McCain clashed repeatedly over the causes and cures for the worst economic crisis in 80 years and the Iraq war Tuesday night in their critical second presidential debate. Both candidates shied away from the...Tags: National Government, Barack Obama, Bill Ayers, Government, George Bush
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Downward financial spiral continues despite government steps; Fed rate cut may be in cards
Associated Press WriterWASHINGTON (AP) _ With financial markets still tumbling, the Federal Reserve is signaling that it might cut interest rates after a series of bold steps by federal regulators failed to stem the slide. Neither presidential candidate offered a solution....Tags: National Government, Barack Obama, Government, George Bush, Ben Bernanke
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Sun Sentinel financial advice helpline answers questions from concerned readers
South Florida Sun-SentinelHundreds of readers, worried about the safety of their bank accounts and their sinking stocks, sought advice Tuesday from the Your Money Helpline, a joint project of the Sun Sentinel and Financial Planning Associations in Broward, Miami-Dade and Palm...Tags: Insurance, Personal Finance, Financial Planning, 401K, Financial and Business Services
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As L.A. County faces fiscal tightening, more people are seeking aid
Los Angeles Times Staff WritersJust as Los Angeles County government enters a season of belt tightening, more people each month are asking for its help. A newly passed state budget will send at least $128 million less to the county than officials expected -- money that would have gone...Tags: Hospitals and Clinics, Pension and Welfare, Wages and Pensions, Zev Yaroslavsky, Tarzana
Oct 8, 2008
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Oct 8, 2008
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Oct 8, 2008
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|Story| Hartford Courant
Oct 8, 2008
|Story| Orlando Sentinel
Oct 8, 2008
|Column| Chicago Tribune
Oct 7, 2008
|Story| Associated Press
Oct 8, 2008
|Story| Associated Press
Oct 8, 2008
|Story| South Florida Sun-Sentinel
Oct 8, 2008
|Story| Los Angeles Times
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