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Boomers Find Way To Make Social Impact, Money:
Grappling with a shaky economy, baby boomers are looking for new ways to make money. A new survey estimates that a chunk of these Americans are launching "encore careers" — positions that combine income and personal meaning with social impact.
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NASCAR Feels Pinch Of High Gas Prices:
Gas prices have spiked over the past year and the rise is really hammering NASCAR. Not only is attendance at stock-car races starting to decline, but the teams are being squeezed, too. And even NASCAR's sponsors are feeling the pinch.
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Ford Shifts Production Focus To Smaller Cars:
After posting an $8.7 billion loss for the second quarter on Thursday, Ford announces plans to switch manufacturing operations at three North American plants from trucks to small cars. The auto industry has seen a dramatic decline in truck and SUV sales in recent months as consumers react to high gas prices.
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'Marketplace' Report: Detroit Is Suffering:
Ford posted nearly $9 billion in losses Thursday, largely due to gas-price induced problems selling trucks and SUVs. It's expected to offer an olive branch to investors in the form of more fuel-efficient cars.
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Study: Poor Neighborhoods Not Necessarily Poor:
A new report from the D.C.-based non-profit Social Compact shows that many "poor" areas have economic potential. The director of the organization discusses what people in these neighborhoods are spending money on and why it makes good business sense to invest there.
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Comparing The Candidates' Tax Proposals:
Parsing the presidential candidates' tax plans is necessary to understanding their general takes on the economy. Economist Len Burman has been doing just that. He is a senior fellow at the Urban Institute, which has just released a report comparing the candidates' proposed tax policies.
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Jason Furman, Shaping Obama's Economic Agenda:
Jason Furman has been given the task of formulating Barack Obama's economic policy. He's the presidential hopeful's top economic adviser, and he will talk about where Obama stands on the most pressing economic issues.
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Douglas Holtz-Eakin: The Man Behind McCain's Economic Plan:
To win this coming election, presidential candidate John McCain must prove that he is as strong on the economy as he is on military and foreign affairs. His senior economic adviser, Douglas Holtz-Eakin, discusses McCain's approach to economic policy.
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