Poll on Social Security shows mixed support for saving plan
An AP Ipsos poll finds about 70 percent believe Social Security is running out of money while 56 percent oppose giving up guaranteed benefits. Voters split by income and age, with younger adults likelier to support forfeiting some benefits to aid the poor. Democrats Republicans independents largely oppose loss of benefits.
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Cindy Smith
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Margaret Normandin
Laconia
N.H
Stocks slide as automakers debt downgrade hits market
Investors sold stocks after Standard & Poor's downgraded General Motors and Ford debt, draining earlier gains and rattling sentiment ahead of the Labor Department jobs report. The Dow fell 44.26 to 10,340.38, S&P 500 at 1,172.63, Nasdaq 1,961.80 while oil rose.
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Lucent
Microsoft
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Oracle
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IBM
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Standard & Poor
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Kirk Kerkorian
Ford
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Cleveland
Rates on 30 year mortgages fall for fifth straight week
Freddie Mac reports that the 30 year fixed rate averaged 5.75 percent this week, down from 5.78 percent last week. The decline reduces the year’s high of 6.04 percent reached in March, even as the Federal Reserve raises short term rates.
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