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A History Of Debt

Would you take my wampum in exchange for your house? In the 1620′s, the Dutch would have accepted the sacred beads like currency. Debt began way before the Native Americans found their own currency, though. Find out what Hammurabi thought of debt, and when human cages were in vogue for debtors’ jail. These facts will [...]

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Wall Street Seeing Some New Gains

For investors on Wall Street, it has been a bumpy ride. The ups and downs of the market are always there, but they’ve been greatly exaggerated in recent years because of economic problems and issues with the housing market. Recently, the crisis in Japan and the problems with Libya have also affected the market and [...]

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You May Want to Wait Before Investing in the Stock Market

It’s no secret that there has been a lot of volatility and unrest in the US stock market lately. Problems in other countries have affected what happens to the US market, and that’s something that should be taken into account if you’re about to invest. That doesn’t mean that you shouldn’t consider the US stock [...]

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Wall Street Has Been Up and Down Lately

Lately, it’s very hard to get a handle on what wall street is doing. It will have its best day on record, and then will turn right around and plummet for a day or two. It’s confusing, and it’s upsetting for investors because they don’t really know what to do about it. Should they invest [...]

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Unrest in Libya is Affecting Gasoline Prices

If you’ve purchased gasoline lately, you’ve seen that the price of it just keeps rising. In the matter of a couple of weeks, gas prices jumped around 40 to 50 cents per gallon. They will continue to rise, most likely, and many people are blaming the unrest in Libya for the rise in prices. Of [...]

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Foreclosures in 2011: 10 Cities At Risk

While the housing market in Washington, DC appreciated 6.5% last year, it wasn’t all roses in the US: nearby Virginia Beach, VA saw a depreciation of 12.5% in the same year! Think your property investment is safe? Will bankruptcy stop a foreclosure? Better check out the top ten appreciators and ten worst depreciators on the [...]

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Libya is Still in Turmoil, Despite the Focus on Japan

While everyone from the newscasters to the general public has been focused on the problems taking place in Japan, there are still growing difficulties and tensions in countries like Libya. That’s part of the reason that gasoline prices went up so high, and it’s not likely that they will come down very quickly or very [...]

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Blackholes in your Credit Cards

While we can’t avoid blackholes from wreaking havoc in the Universe, we can avoid devastating financial blackholes due to hidden fees, over-the-limit fees, and late payment fees that accumulate with credit card spending.  Sometimes it seems that all of our hard-earned money goes toward paying down these fees and causes our money to disappear right [...]

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T-Mobile USA Bought by AT&T

If you’re a T-Mobile USA customer, or you’ve invested in the company in any way, it may interest you to know that they have just been bought out by AT&T. Thirty-nine billion dollars was the pricetag, and that means one less carrier option for US residents who want mobile phone service. Of course, things aren’t [...]

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Japan’s Deepening Disaster is Affecting US Economics

Now that it has been over a week since the earthquake and tsunami in Japan, the real fear is what will happen with the nuclear reactors there. They are still critical, and there is still no way to completely cool them back down. Seawater is being sprayed on them, but it’s only keeping them from [...]

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