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Wednesday, September 26, 2012

Reuters Money: Mortgage applications rose as rates hit new lows: MBA

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09/26/2012
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Mortgage applications rose as rates hit new lows: MBA
NEW YORK (Reuters) - Applications for U.S. home mortgages rose last week as interest rates dropped to record lows in the wake of the Federal Reserve's latest stimulus efforts, data from an industry group showed on Wednesday.
Diversify your 401(k) in nine easy steps
(Reuters) - With more than 20 million workers investing in 401(k) plans for retirement, the U.S. is building one of the largest group of capital investors in the world. While similar savings vehicles are offered in numerous other countries, what's important about 401(k) plans and the equivalents for nonprofits is that they connect a large number of American individuals and their families to the securities markets as long-term participants.
Fund managers realize big gains from small bank stocks
BOSTON (Reuters) - Portfolio manager Bernard Horn can go anywhere in the world to find a stock for his global value fund. But some of Horn's best stock picks have been small banks gathering deposits and making loans right in his own back yard.
Fertilizer could provide solution to Bakken flaring: Kemp
(John Kemp is a Reuters market analyst. The views expressed are his own)
Americans to spend more on Halloween this year: survey
(Reuters) - When the black cats, witches and trick-or-treaters come out for Halloween this year, a record 170 million people in the United States will dress up, celebrate, and spend up to $8 billion, according to a retail industry survey.
Online sellers scrambling to understand new IRS 1099 form
NEW YORK (Reuters) - Been doing well selling tea cozies on Etsy? Launched a successful Kickstarter campaign for the movie you want to make? Forget about trying to slide that income under the radar of the Internal Revenue Service.
Bonus culture springs a Keynesian trap: James Saft
(James Saft is a Reuters columnist. The opinions expressed are his own)
Fracking lessons from Beverly Hills High: John Kemp
(John Kemp is a Reuters market analyst. The views expressed are his own)
How BlackRock's dividend fund plays a crowded field
NEW YORK (Reuters) - One of the most successful dividend investors over the past decade is finding himself operating in a growing crowd.
How the middle class can avoid financial blunders
(The author is a Reuters columnist and the opinions expressed are his own. For more from John Wasik see http://link.reuters.com/syk97s)
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