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Wednesday, February 22, 2012

Personal Finance Daily: Who are you voting for? Don't tell co-workers

MarketWatch
Personal Finance Daily
FEBRUARY 22, 2012

Wednesday's Personal Finance Stories

By MarketWatch



Don't miss these top stories:

Who are you going to vote for in November? Whoever's your pick, you might want to keep your decision quiet when you're at work.

Read Ruth Mantell's On the Job column today for more on why Election 2012 doesn't belong in the workplace. Plus, if you're struggling to pay your mortgage or suffered through a foreclosure, read Ron Orol's story today for more on how to get relief through the foreclosure settlement.

And don't miss the latest housing-market data. Is a recovery in the air, at last? Some signs appear to point that way.

Andrea Coombes , Personal Finance editor

Election 2012: Don't bring it to work

You may have insightful views on the upcoming presidential election, or politics in general, but share those opinions sparingly, if at all, when you're at work.
Election 2012: Don't bring it to work.


Watchdog launches inquiry into bank overdraft fees

The nation's consumer watchdog bureau on Wednesday launched an inquiry into fees charged by banks when consumers overdraw their accounts, a multi-billion-dollar business for financial institutions.
Watchdog launches inquiry into bank overdraft fees.


REAL ESTATE

The mortgage settlement: A borrower's guide

The record $26 billion foreclosure-abuse settlement that states and the Obama administration reached last week with five big banks is supposed to help more than 1 million U.S. homeowners. Here are answers to borrower questions about eligibility and whom to contact for help.
The mortgage settlement: A borrower's guide.


Housing recovery for real? Deutsche Bank says yes

Of course the National Association of Realtors are cheerleaders. But the data released by the real-estate agent trade group, along with other housing and economic indicators, has turned the opinion of one major Wall Street house.
Housing recovery for real? Deutsche Bank says yes


S&P sees foreclosure inventory improving

Standard & Poor's Ratings Services expects slow but gradual improvement in the foreclosure inventory in the upcoming quarters as the percentage of U.S. residential mortgage delinquencies and new foreclosures declined in the fourth quarter from the third quarter.
S&P sees foreclosure inventory improving.


Sales of existing homes up 4.3% in January

Sales of U.S. existing homes rise 4.3% in January and inventories fall to nearly seven-year lows, as lower prices, unusually warm weather and an improving economy all lift demand.
Sales of existing homes up 4.3% in January.


TAXES

Obama corporate overhaul takes aim at tax havens

The White House corporate tax reform plan will, among other things, seek to end the ability of multinational companies to shift profits to low-tax countries like Bermuda and the Cayman Islands.
Obama corporate overhaul takes aim at tax havens.


Commentary: Both parties wrong on taxes?

The top 1% pay a lot, write Peter Brimelow and Edwin S. Rubenstein, and most Americans face historically low tax rates.
Both parties wrong on taxes?


ECONOMY & POLITICS

Weak PMI fans euro-zone recession fears

Business activity across the euro area contracts unexpectedly in February, raising concerns about the region's ability to avoid a recession.
Weak PMI fans euro-zone recession fears.


Courchevel 1850 thrives in a bling bubble

Haughty French ski resort draws in the monied crowd, seemingly unfazed by the economic crisis bubbling across Europe and the world.
Courchevel 1850 thrives in a bling bubble.


INVESTING

Want to survive 2012? Better get prepared now

After years of sluggish economic recovery, endless wars, and a skyrocketing national debt, the national zeitgeist has gone "Apocalypse Now." More people are preparing for the worst.
Want to survive 2012? Better get prepared now.


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