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9 things to consider before loaning money to a loved one

Submitted by Fox First at Ten on September 12th

By Andrew Housser Perhaps the only thing more difficult than watching someone you love struggle financially is having that person ask you for money. Saying "I'd rather not" can be hard to do, no matter how able you are to help. But handing over your hard-earned cash -- at the risk of never

How chips, PCs, services companies are faring

Submitted by Fox First at Ten on September 12th

By The Associated Press Personal computer makers have been scrambling to adapt to a technological upheaval unleashed by Apple Inc.'s line of sleek devices such as the iPhone and iPad and by a shift toward Internet-based software services instead of programs installed on individual machines

Problems dogging new high-tech air traffic system

Submitted by Fox First at Ten on September 12th

By JOSH LEDERMANAssociated Press WASHINGTON (AP) - A high-tech overhaul to the nation's air traffic control system is mostly on track to completion, but has yet to produce the benefits that airlines and passengers were told to expect, federal investigators said. Progress in moving from

Problems dogging new high-tech air traffic system

Submitted by Fox First at Ten on September 12th

McDonald's new menu item: Calorie counts

Submitted by Fox First at Ten on September 12th

By CANDICE CHOIAP Food Industry Writer NEW YORK (AP) - McDonald's restaurants in the U.S. will soon get a new menu addition: The number of calories in the chain's burgers and fries. The world's biggest hamburger chain said Wednesday that it will post calorie information on

Fidelity issues new retirement savings guidelines

Submitted by Fox First at Ten on September 12th

By DAVE CARPENTERAP Business Writer Fidelity Investments has issued new savings guidelines suggesting that workers save at least eight times their final salary in order to meet basic income needs in retirement. In the set of age-based targets released Wednesday, Fidelity says employees should

Fidelity issues new savings guidelines

Submitted by Fox First at Ten on September 12th

By DAVE CARPENTERAP Personal Finance Writer CHICAGO (AP) - Fidelity Investments has issued new savings guidelines suggesting that workers save at least eight times their final salary in order to meet basic income needs in retirement. The nation's largest 401(k) administrator released the

US stocks rise, and investors wait for the Fed

Submitted by Fox First at Ten on September 12th

By MATTHEW CRAFTAP Business Writer NEW YORK (AP) - The stock market edged higher Wednesday after a court cleared the way for Germany to participate in a European rescue fund. Attention shifted to the Federal Reserve, which began a big two-day meeting. The highest court in Germany ruled that the

How the consumer protection bureau raided one firm

Submitted by Fox First at Ten on September 12th

By DANIEL WAGNERAP Business Writer WASHINGTON (AP) - As it announced its first big enforcement action against Capital One Financial this summer, the Consumer Financial Protection Bureau was preparing to raid a California company that had offered to help lower at-risk homeowners' monthly

Commission wants ECB to supervise all euro banks

Submitted by Fox First at Ten on September 12th

By SARAH DiLORENZOAP Business Writer STRASBOURG, France (AP) - The European Central Bank should be given the power to supervise all the banks in the 17 countries that use the euro and also be able to fine institutions, the European Union's executive said Wednesday. The creation of a single