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"Hellmich, Nanci"
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GM recalls 83,000 SUVs and trucks for faulty ignitions
2015
The company said it is also recalling 152 2015 Chevrolet Silverado 1500s, and GMC Sierra 1500 vehicles manufactured Nov. 24-25, 2014. \"Due to an improper heat-treatment, the rear axle shaft may crack while the vehicle is being driven,\" GM said. \"If the rear axle shaft fractures, the rear wheel may separate from the axle shaft, increasing the risk of a crash.\"
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Companies are hiring, giving raises, offering 401(k)s
2014
(ASTERISK)(ASTERISK)(ASTERISK)(ASTERISK)(ASTERISK)(ASTERISK)EDS: Embargoed until 3:01 am. ET Monday, Oct. 20.(ASTERISK)(ASTERISK)(ASTERISK)(ASTERISK)
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Many worry that medical debts will overwhelm finances
2014
\"This shows that a good chunk of the population is feeling a lot of financial stress\" says Doug Whiteman, insurance analyst for Bankrate.com. \"People can be on the hook for thousands of dollars before their health insurance coverage takes over and starts paying the bill.\"
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How to save $1 million
2014
A: Last year we did a study of 401(k) millionaires in Fidelity-administered plans, and one of the key things they did to save their way to a million dollars was to take full advantage of their employer 401(k) match and profit sharing. About 28% of their 401(k) balances came from their employer. That includes their employers' contributions and the growth on those contributions. The 401(k) millionaires we studied held an average of 75% of their assets in company stock and stock mutual funds and achieved a median annual return of 4.8% in their 401(k) over the 12-year period that we looked at. This annual return, combined with our millionaires' contributions and their employer contributions, brought their average account growth rate to 8.75%. Finally, when changing jobs, don't cash out. The average tenure of our 401(k) millionaires with their current employer was 34 years, so most of them likely never had the option to cash out. But even if you don't end up staying that long in your job, you can imitate the behavior of our 401(k) millionaires by keeping your retirement savings invested for the long run by either keeping it in the plan, rolling it to the new 401(k) or rolling it over to an IRA.
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People in debt want to save aggressively for retirement
2014
Overall, only 44% of workers say they or their spouses have tried to calculate how much money they'll need to save by the time they retire. Those workers who have crunched the numbers tend to have higher levels of savings than those who haven't.
Newsletter
Employee gripes: Higher health care costs, lower raises
2014
\"The last two years have been a period of rapid change among large employers which has required them to take measures to cut costs,\" says Shane Bartling, a senior consultant at Towers Watson, a human resources consulting firm, which sponsored the survey of 4,248 full-time employees at companies with 1,000 or more workers. The survey also showed that 47% of employees are worried about their current finances; 58% are worried about their future finances. \"Clearly the level of worry is correlated to employers' actions,\" Bartling says. \"It is a tough situation out there when it comes to cutting benefits,\" says financial planner Anthony Saccaro, president of Providence Financial and Insurance Services in Woodland Hills, Calif. \"I understand why companies are doing it. Quite frankly, there are a lot of unknowns including taxes and Obamacare.\"
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Payday loans can cost more in fees than original amount
2014
\"We are concerned that too many borrowers slide into the debt traps that payday loans can become,\" bureau director Richard Cordray said in a statement. \"As we work to bring needed reforms to the payday market, we want to ensure consumers have access to small-dollar loans that help them get ahead, not push them farther behind.\" Here's how the loans work: Say you need money today, but payday is a week or two away. You write a check dated for your payday and give it to the lender. You get your money, minus the interest fee. In two weeks, the lender cashes your check or charges you more interest to extend, or \"roll over,\" the loan for another two weeks. [Gary Schatsky] suggests that people who are desperate for money should wait on purchases until their next paycheck, get a loan from a friend or even borrow on their credit card. \"The sad reality is, as bad as it is, even borrowing on a credit card is probably better than getting a payday loan. It will probably end up being cheaper than what a payday loan charges.\"
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In hunt for sexy underwear, one style does not fit all
2014
One reason for the growth in this category is some people are using underwear as outerwear, he says. They are wearing things like pajama bottoms, exercise bras, camisoles and thermal tops as street wear, he says. \"This is extremely acceptable in the younger generations' minds. We have gotten to the point where underwear is no longer intimate -- it's all part of the casual wardrobe.\" Many don't want to feel their underwear at all because they don't want it to distract them at work. Some older women said they wanted underwear that \"pulls everything in, a joke her participants made,\" [Tsaousi] says. The kind of underwear that people buy as gifts for [Valentine]'s Day is \"usually quite tiny and uncomfortable, and women may not wear it very much if at all,\" Tsaousi says. It's better to buy items that are nice and fit the woman's body.
Newsletter
Firemen have better heart health on Mediterranean diet
2014
The Mediterranean diet is rich in fruits and vegetables, beans, nuts, whole-grain breads and cereals, olives and olive oil, which is considered a healthy monounsaturated fat. The diet promotes the consumption of fish high in omega-3 fatty acids (salmon, tuna, trout, sardines) as well as moderate consumption of poultry and wine with meals. It consists of a relatively low intake of red meat, processed meats and sweets. \"If you are eating a burger, fries and a soda, you're on the wrong track,\" says the study's senior author Stefanos Kales, an associate professor at the Harvard School of Public Health and Cambridge Health Alliance. \"You have to get your head around eating in a different way that's still delicious. The Greeks, Italians, Spanish and French enjoy their food. It would be better to have a piece of grilled fish or chicken with a salad than a burger and fries.\" You don't need a fad diet to lose weight and decrease disease risk, she says. \"You just need to eat produce plus plant proteins (nuts, beans) plus whole grains plus healthy fats.\"
Newsletter
Trying to trim down? Start small and simple
2014
Get some sleep. Getting enough sleep -- about seven to nine hours a night -- may help you lose weight. Studies show that not getting enough z's may alter hormones that make you hungrier. It's important to try to keep sleep patterns consistent on weekdays, weekends and vacations. Limiting big meals, booze and caffeine, especially close to bedtime, may help you fall asleep and stay asleep. Map out an exercise plan. Set clear goals, know what you'll do and pencil in your activity on your schedule as you would any appointment. Make specific plans to walk or run on a treadmill or in a park; take a class such as spinning, Zumba or tap dancing; play a sport such as basketball or tennis; or set a goal to train for a 5K, 10K or half-marathon. Monitor your movement with an activity monitor or pedometer. These are the first steps toward becoming a more active and vibrant person and a consistent exerciser. Trick yourself into eating less.\" Resist the urge to check your e-mail while you eat. Research shows that people who eat while distracted eat 10% more in one sitting than otherwise. Not only that, \"distracted eaters\" go on to eat up to 25% more total calories over the course of the day. You may save hundreds of calories just by eating at the dinner table and away from the TV.
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