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Stocks fall after personal income data; oil rises
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NEW YORK (AP) -- Wall Street tumbled Friday after the government said personal incomes fell last month by the largest amount in nearly three years while consumer spending slowed. The Dow Jones industrial average more than 170 points, while a disappointing profit report from computer maker Dell Inc. weighed on the technology-heavy Nasdaq composite index.
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What to Do When Layoffs Loom
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If you get laid off, you can only hope you saw the writing on the wall long before your company announced its cuts. You can only hope you leave with an impressive work history, great recommendations, and updated skills. You can only hope.
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Penny-Pinching for New Parents
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Babies are adorable, drooly, fun, smelly, and ... expensive. The U.S. government estimates that it will cost $269,520 to raise a kid born in 2004 to adulthood, and that doesn't include the opportunity cost of that money not being invested. But babies are an investment, one with immense dividends, and no matter how expensive it gets to raise a child, most of us decide it's one of the most worthwhile ways to spend our hard-earned money.
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