Aging Adults Move Back In With Parents Amid Economic Strain
A Wisconsin and New Mexico facing families report grown children in their 40s and 50s moving home after layoffs and bankruptcies. Financial planners warn parents to protect savings while supporting adult offspring. AARP finds Gen Xers rely on family support with mixed independence.
MENTIONED IN THIS ARTICLE
Milwaukee
Jo Ann Bauer
Kim Foss Erickson
Roseville
Calif
Sacramento
Karin Maloney Stifler
Hudson
Ohio
The
Financial Planning Association
Bauer
Shirley Smith
Eden
Wis
Tye
Stifler
Erickson
Anna Maggiore
Los Angeles
Los Alamos
N.M
College of Santa Fe
Maggiore
AARP
Kohler
Bill
Wisconsin
Fed actions deepen worries as recession looms
The Fed signals weaker economic health and ongoing credit stress, with housing contraction and job losses adding to concerns. Analysts say rate cuts comfort few and caution that markets may remain volatile while rescue moves spark debate over government bailout implications and a possible recession.
MENTIONED IN THIS ARTICLE
Marvin Goodfriend
Carnegie Mellon University
Fed
Victor Li
Villanova School of Business
Goodfriend
Wall Street
Treasury
Bear Stearns
JP Morgan
Silent Auction Highlights at Central Station Event
T side seats available at Central Station with a silent auction featuring iPod and gym memberships, Kobe Bryant and Eric Lindros collectibles, Joe Dumars and Grant Hill packs, Reggie Jackson, Mark Messier and other sports items. All proceeds to Odessa American Newspapers In Education Program.
MENTIONED IN THIS ARTICLE
Nailhm Central Station
Joe Dumars
Grant Hill
Reggie Jackson
Catfish Hunter
Odessa American Newspapers
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