Strippers in pole position for race against deflation
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EBay’s Whitman Leads in California’s Governor Race, Poll Finds
Pimco Favors Aussie, Real, Loonie as U.S., Europe Growth Subdued
Pacific Investment Management Co., which manages the world’s biggest bond fund, said it is favoring the currencies of Australia, Brazil and Canada as it gauges they will offer attractive returns in an environment of subdued growth and inflation in the U.S., Europe and Japan.
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Samsung Posts First-Quarter Operating Profit of 4.3 Trillion Won
Samsung Electronics Co., Asia’s biggest maker of semiconductors, flat screens and mobile phones, reported first-quarter operating profit of about 4.3 trillion won ($3.8 billion).
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Massey Says Mine in West Virginia Has Underground Explosion
Massey Energy Co. reported an explosion underground at the Upper Big Branch mine in Raleigh County, West Virginia. Six miners were killed and at least 21 were unaccounted for, the state mining director said, according to the Associated Press.
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Los Angeles Controller Says City to Run Out of Cash in a Month
Los Angeles will run out of cash on May 5, city Controller Wendy Greuel said today in a release in which she requested a $90 million transfer of reserve funds to pay bills.
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EBay’s Whitman Leads in California’s Governor Race, Poll Finds
Meg Whitman, the former chief executive officer of EBay Inc. who is running as a Republican candidate for governor of California, is leading in the race against Democratic challenger Jerry Brown, a poll found.
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Biggest war chest is no guarantee of success in Oregon governor’s race
Make the most of your 401(k) contributions
The economic downturn has led millions of Americans to spend less and save more. The Commerce Department has reported that the nation’s personal savings rate was 5.8 percent in August, up from 2.1 percent in 2007.
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College money often isn’t put in the best place
Parents remain determined to save money for college even in the tough economy, but they’re not always choosing the methods that give them the best bang for their buck. The nation’s leading college lender, Sallie Mae, recently released its second annual study of college students and parents, conducted by Gallup …
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October not spooky time for investors, analyst says
Investors — at least those with a not-so-serious streak — might recall what that noted financial adviser Mark Twain said about October.
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Sandra Block: Be smart to make savings count
Looking for a quiet place to meditate or read a book? Try your local mall. The economic downturn has led millions of Americans to spend less and save more. On Friday, the Commerce Department reported that the nation’s personal savings rate was 5.8 percent in August, up from 2.1 percent in 2007.
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Biggest war chest is no guarantee of success in Oregon governor’s race
Although the likely winner for Oregon’s governorship isn’t clear yet, just three weeks away from the Nov. 2 election, the Republican making his first bid for public office is raising far more money than the Democrat seeking a comeback after two previous terms.
Read more on Salem Statesman Journal