Baby Boomers News
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Millionaires have reversed their priorities in the past year to focus on making money rather than preserving it as they wait to move their cash into stocks.
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The U.S. budget deficit will shrink by the end of fiscal 2013 to $642 billion, the smallest shortfall in five years, according to the nonpartisan Congressional Budget Office.
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Members of the Class of 2013, I salute you.
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The U.S. posted its widest budget surplus in five years in April as an improving economy swelled tax revenue, easing pressure on lawmakers to lift the nation’s debt ceiling.
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For the first time in two decades, General Motors Co., Ford Motor Co. and Chrysler Group LLC pulled off a sweep in the first three months of a year, with all three gaining U.S. market share in 2013’s first quarter.
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ING U.S. Inc., a unit of the largest Dutch financial-services company, is headed for an initial public offering led by managers who helped American International Group Inc. repay its rescue by divesting assets.
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Claudia Burzichelli doesn’t want to die like her dad. Nine years ago, her father, already afflicted with Parkinson’s, killed himself with a gunshot to the head days after his release from a hospital where he had been treated for a heart attack.
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Lansdowne Partners Ltd., the biggest European hedge-fund firm focused on stock picking, said it abandoned a more than four-year bearish bet against Prudential Plc after suffering “meaningful” losses.
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Baby boomers have more chronic illness and disability than their parents, as their sedentary habits and expanding girth offset the modern medicine that enables them to live longer, a study said.
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Bristol-Myers Squibb Co., the New York drugmaker that gained 22 percent the past year, said its combination of three experimental medicines for hepatitis C successfully cleared the virus in 15 of 16 patients.
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