Tuesday's news features a positive sign among the economic downers of flat U.S. consumer spending and euro zone unemployment reaching new peaks. On the U.S. housing front for the first month in recent memory, all 20 cities in the Case-Shiller index saw an increase in prices, even Detroit.
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Larry Kotlikoff of Boston University is a noted economist, prolific author and frequent contributor to Bloomberg and Forbes.com, among other venues. Monday, a recent essay of his: "34 Social Security 'Secrets' All Baby Boomers and Millions of Current Recipients Need to Know."
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The Commerce Department's economic report this week was cautiously positive, with 1.5 percent growth of annual GDP. But with unemployment rates stagnant and consumer spending down, anxiety remains. Judy Woodruff talks to David Wessel of the Wall Street Journal and Mark Zandi of Moody's Analytics on the U.S economic forecast .
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Under and unbanked households – those who don’t fully utilize or don’t have access to traditional banking services – spend an estimated $45 billion dollars annually on financial fees and interest. Rachel Schneider studies the financial habits of households like these and talks to Ray Suarez about what can be done to improve the financial lives of low and middle-income consumers.
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Poverty in America is at a 52-year high with 46.2 million people living in poverty, according to income thresholds used in the 2010 national Census.
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One family in Newark, N.J. keeps a monthly financial diary of expenditures, which demonstrates the difficult choices made each day by Americans living on the outskirts of the mainstream financial system.
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Rising interest rates have been the crisis in Spain this week, a surefire sign of deteriorating trust in the system. Economics correspondent Paul Solman has another dispatch from his Spanish correspondents for their view of what's happening.
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Economics correspondent Paul Solman answers a reader's question about the intersection of workers and technology, and how to restore a vibrant middle class.
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U.S. Senate candidate from North Dakota, Heidi Heitkamp, sat down with To the Contrary to discuss her run for office, why more women should be in office and what's best for North Dakota.
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Economics correspondent Paul Solman answers a reader's question about how private enterprises like Delta Airlines can single out certain 'VIP' customers to benefit from a the TSA program, which is funded by all taxpayers -- even those in steerage.
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In our ongoing series “Your Money, Your Life,” Need to Know takes an in-depth look at the difficult spending decisions facing the nation’s working poor. This week’s episode profiles one Newark, N.J. family, who keeps a monthly financial diary detailing its expenditures, including the additional costs incurred by living in a poor neighborhood and by not using available banking services.
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Within just a few days, more than 2000 readers have responded to the "Do I Live In a Bubble?" quiz and posted their scores. We've been tallying them live as they arrive, posting the numbers for all to see. We put the data libertarian Charles Murray -- author of the quiz -- for his take.
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Las Vegas Sands has insisted for more than a year that it needed approval from Macau authorities to turn over documents sought by federal investigators and a former employee suing the company for wrongful termination. Now, the company owned by the biggest single Republican donor acknowledges that many of the documents have been in the United States all along.
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The building of Versailles, not the one in France, but one in Orlando, Fla., which was set to become the largest home in the nation, is the starting point for a documentary film titled, "The Queen of Versailles." Jeffrey Brown talks to director Lauren Greenfield.
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Economics correspondent Paul Solman answers a reader's question about whether advances will technology will leave the poor even further behind.
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Robert Lambert, a blind worker at Blind Industries and Services of Maryland, carries fabric that has been cut into pieces for military uniforms in Baltimore, M.
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Going back centuries, Bristol Bay's backbone has been salmon. With few stable year-round jobs, subsistence is the most reliable part of the local way of life. But is it still a sustainable lifestyle?
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