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Wednesday, March 6, 2013

Reuters Money: How Sandy settlements can hit financial aid

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03/6/2013
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
How Sandy settlements can hit financial aid
ROCKAWAY BEACH, New York (Reuters) - Families whose homes were damaged by superstorm Sandy have one more insult they can add to their list of injuries: Unless they are careful, their children's student aid packages might get nicked.
Thomas Cook to cut 2,500 jobs in UK
LONDON (Reuters) - Travel firm Thomas Cook said it would cut 2,500 UK jobs and close 195 stores in Britain as the euro crisis, high fuel costs and unrest in key destinations like Egypt and Greece take their toll on the holiday business.
E-tailers embrace same-day delivery, but U.S. shoppers shrug: survey
(Reuters) - Same-day delivery, one of the hottest e-commerce trends, is too expensive for most U.S. consumers, raising the risk that this could become another online shopping fad that goes cold, according to a survey released on Tuesday.
Home prices rose in January: CoreLogic
NEW YORK (Reuters) - Home prices rose at the beginning of the year, another sign the recovery in the housing market is gaining traction, data from CoreLogic showed on Tuesday.
Column: For women, retirement planning woes start with economy
(The writer is a Reuters columnist. The opinions expressed are his own. For more from Mark Miller, see http://link.reuters.com/qyk97s)
Evaluating too-good-to-be-true online bank offers
NEW YORK (Reuters) - Interest rates at 8 times the national average! Absolutely no overdraft fees! No minimums! Free checks! Get your ATM fees reimbursed!
China's debt and investment slow down: James Saft
(Reuters) - What can't go on forever may be starting to stop in China.
Spain's Ortega leaps to rank as world's third richest man: Forbes
NEW YORK (Reuters) - Spain's Amancio Ortega, the co-founder of the Inditex fashion group, leapt over Warren Buffett and France's Bernard Arnault to become the world's third richest person on Forbes' 2013 annual ranking of billionaires, with an estimated net worth of $57 billion.
As tech sector goes for an upgrade, it is time to invest
CHICAGO (Reuters) - Despite the drama concerning U.S. agencies potentially dimming lights due to the sequester saga, global companies are brightening the scenario for technology purchasing. That could spark a turnaround in the sluggish sector.
State pension funding gap up 20 percent in 2012: Wilshire
NEW YORK (Reuters) - The recovery in the state pension system suffered a setback in 2012 as the huge funding shortfall in a large swath of state pensions swelled more than 20 percent, interrupting two years of improvement following the devastation of the financial crisis.
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