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Thursday, November 29, 2012

Personal Finance Daily: Consumers expected to be stingy on holiday tipping

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MarketWatch
Personal Finance Daily
NOVEMBER 29, 2012

Thursday's Personal Finance Stories

By MarketWatch

Personal Finance Daily
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Don't miss these top stories:

When times are tough, holiday tips tend to fall by the wayside. And this year, while more Americans plan on spending more on gifts and decorations, their tipping budgets are expected to be relatively flat. Read more about tipping etiquette in Kelli Grant's story today.

Plus, learn why the so-called U.S. fiscal cliff may prompt a rise in charitable donations this year, and discover a silver lining for Powerball lottery losers in today's Personal Finance pages.

Amy Hoak , assistant editor

3 tips for better holiday tipping

Many consumers are still stingy when it comes to tipping.
3 tips for better holiday tipping.


A silver lining for Powerball losers

Commentary: Use the lottery to help prioritize your finances.
A silver lining for Powerball losers.


Fiscal cliff may buoy giving season

Got a hankering to give? You're not alone. A sharp uptick in charitable contributions to donor-advised funds this year suggests that an improving economy plus the much-discussed fiscal cliff may be prompting a rise in charitable giving.
Fiscal cliff may buoy giving season.


ECONOMY AND POLITICS

Third-quarter growth revised up to 2.7%

U.S. gross domestic product grew much faster in the third quarter than originally reported, but softer consumer spending and business investment suggests the economy did not enter the final three months of 2012 with a head of steam.
Third-quarter growth revised up to 2.7%.


U.S. initial jobless claims fall 23,000 to 393,000

The number of new applicants who filed for unemployment benefits fell sharply for the second straight week as the effects of Hurricane Sandy fade, government data show.
U.S. initial jobless claims fall 23,000 to 393,000.


INVESTING

The hard facts about spending cuts

As lawmakers negotiate to avoid the so-called fiscal cliff, the combination of tax increases and spending cuts that are due to take place on Jan.1, 2013, the silence on spending cuts is deafening.
The hard facts about spending cuts.


Groupon's CEO isn't its biggest problem

The board of the daily deals provider is reportedly discussing whether current CEO Andrew Mason is the right person for the job, but it may find that a shifting business model poses a bigger challenge.
Groupon's CEO isn't its biggest problem.


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