December consumer credit down for 11th straight month (Reuters)

Reuters – A weak job market and tight credit conditions caused consumer credit to fall $1.73 billion in December, the eleventh straight monthly decline, a report from the Federal Reserve showed on Friday.

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Pace of private sector job losses slows (Reuters)

Reuters – The pace of job losses in the private sector slowed in January as employers reported the smallest payroll decline in nearly two years while demand for home loans hit a six-week high last week, data showed on Wednesday.

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A bonus for New Year’s: Champagne is cheaper (AP)

FILE - In this photo taken early Sunday Jan. 1, 2006, revellers drink champagne as they celebrate the New Year on the Champs Elysees avenue in Paris. French partygoers have a reason to forget, just for a New Year's moment, 2009's festering economic pains, job fears and mortgage woes : unusually cheap Champagne. (AP Photo/Remy de la Mauviniere)AP – Partygoers worldwide have at least one good reason to forget the economic pain, job fears and mortgage woes of 2009: unusually cheap Champagne for New Year’s.

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Audit questions FHA’s ability to screen lenders (AP)

AP – The government’s mortgage insurance agency is doing a poor job of screening lenders that enter the program, an internal audit has found.

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U.S. consumer woes overshadow housing cheer (Reuters)

Customers leave a store with their purchases in Alexandria, Virginia, September 15, 2009. REUTERS/Jonathan ErnstReuters – U.S. house prices rose for a third month in July, but consumer confidence fell unexpectedly in September as the worst job market in 26 years fueled worries about personal finances, private reports showed on Tuesday.

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Consumer confidence unexpectedly falls in Sept (Reuters)

Customers leave a store with their purchases in Alexandria, Virginia, September 15, 2009. REUTERS/Jonathan ErnstReuters – U.S. consumer confidence fell unexpectedly in September as the worst job prospects in 26 years fueled worries over personal finances, according to a report released on Tuesday.

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Sweden slashes income tax further to boost jobs (AFP)

A man with a child looks at the window display of a toy shop in the central Swedish town of Oestersund. Sweden's centre-right government on Saturday announced income tax cuts of 10 billion kronor to stimulate the job market, its primary objective.(AFP/File/Soren Andersson)AFP – Sweden’s centre-right government on Saturday announced income tax cuts of 10 billion kronor to stimulate the job market, its primary objective.

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Sweden slashes income tax further to boost jobs (AFP)

A man with a child looks at the window display of a toy shop in the central Swedish town of Oestersund. Sweden's centre-right government on Saturday announced income tax cuts of 10 billion kronor to stimulate the job market, its primary objective.(AFP/File/Soren Andersson)AFP – Sweden’s centre-right government on Saturday announced income tax cuts of 10 billion kronor to stimulate the job market, its primary objective.

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Kiss Those Student Loans Goodbye (BusinessWeek)

BusinessWeek – Shawn Agyeman was down on his luck last fall, having just lost his job as a research assistant at the University of Pittsburgh, his alma mater. With looming monthly student loan payments of around $200 a month hanging over his head, the recent college graduate was starting to worry about how he’d meet his debt obligations, fearful that creditors would harass his parents — who co-signed his loans — if he couldn’t come up with the money. Then he got a phone call from the director of a new grass-roots nonprofit that he says changed his life. …

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