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I know from experience that if one person has a question or problem, there are thousands more behind the scenes who are struggling with a similar situation. And I'm not the least bit surprised: The stock market is up, then way down. Gas prices are soaring. We're now hearing that food prices are on the rise. Add all of these together and you've got a lot of people who are concerned about their bottom line. So I like to dole out the answers and tips in this space whenever possible.

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MIAMI (CBS4) ― The high price of gasoline has many drivers downsizing and some of those people who are trying to downsize are stuck with a lease they can no longer afford. But there is a way that SUV and truck owners with hefty payments can find a way out. 

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In yet another sign that points to the pain in the U.S. economy, the Government has announced that consumer borrowing has fallen for the first time in ten years. The Federal Reserve revealed consumer borrowing fell $7.9 billion in August to $2.577 trillion from $2.585 trillion in July. This marks the first time consumer borrowing has fallen since 1998.

What this means is that lending is very hard to work through right now. The banks aren't lending. So the consumers aren't borr...

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TODAY Show Web site Jean Chatzky, personal finance contributor, answers viewers questions about all kinds of money and economy issues. Here she answers a question from someone that wants out of her vehicle lease.

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Daily Herald

I know from experience that if one person has a question or problem, there are thousands more behind the scenes who are struggling with a similar situation. And I'm not the least bit surprised: The stock market is up, then way down. Gas prices are soaring. We're now hearing that food prices are on the rise. Add all of these together and you've got a lot of people who are concerned about their bottom line. So I like to dole out the answers and tips in this space whenever p...

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Republican Senator John McCain and Democratic Senator Barack Obama, both campaigning to be the next President of the United States, help their second debate in Nashville, Tennessee. As promised, the bulk of the debate centered around the recent $700 billion bailout plan to help rescue the economy and help homeowners stay in their homes and avoid foreclosure.

Moderated by Tom Brokaw, both Presidential candidates sparred over a bevy of other issues, including tax cuts, energy po...

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MINNEAPOLIS (WCCO) ― If you're looking for a way to save money, you might be interested in an economical way to break the lease on your car.
In the past 12 months, a Web site called LeaseTrader has been seeing a huge increase in the number of vehicle owners who want to break their lease early in an effort to downsize. It could be a sign of the times that even people with luxury vehicles can fall into that category.
The site also helps people who want to lease a vehicle for a sho...

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CINCINNATI -- Has the $4 figure ever scared you more?

That’s where gasoline prices per gallon appear to be headed, and drivers are willing to try nearly anything to cut their costs.

Hybrids can help, and sales of the vehicles have risen sharply with gasoline prices.

Several types are available, but the Toyota Prius, which uses an electric motor for most city driving, has been on the market the longest.

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In an unprecedented move, the world's leading central banks slashed interest rates sharply to help stave off further erosion in the global credit markets. In the U.S., the Fed cut rates by half a percentage point, down to 1.5%, ahead of its October 28 meeting.

The European Central Bank also cut its interest rate, as key banking officials cited the need to breathe life into a struggling global economy that is falling deeper into recession. Additionally, the Bank of England also...

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Most tax-paying Americans won't be spending their rebate checks from the federal government on cars.

That's according to a LeaseTrader.com survey, which found 81 percent of car shoppers have no plans of rushing to the nearest car lot with rebate check in hand.

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Ford Mustang convertible made the list," said Sergio Stiberman, CEO and founder of LeaseTrader.com. "At the top of the list, though, there is still strong demand for entry-level luxury vehicles that combine luxury and performance at a lower price."

LeaseTrader.com publishes a monthly Index of America's most preferred vehicles for lease transfer. The Index is based on user activity on the Web site, which includes thousands of today's vehicles in almost every brand, make ...

Perhaps we're seeing a first glimmer of light at the end of a very long tunnel as pending home sales rose for the first time in a year, according the the trade group, National Association of Realtors. Now for the bad news - this jump was a representation of August activity. The current crisis in the credit markets didn't hit until September. So it will be interesting to see what happens in the weeks to come.

It's very possible that home prices have sunk so low by now that peop...

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The Libor rate has again fallen, meaning banks like J.P. Morgan Chase, Bank of America and Wells Fargo can begin to lend to each other again. This is very important so that lending can thaw out and the economy can start moving along again. The Libor rate, which is also known as an intra-bank interest rate, is now at the lowest rate it's been at in years.

Since the housing market collapsed, followed by the credit markets, the U.S. economy has taken a big hit. People are no long...

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Survey: Car shopping with tax rebates not likely Tampa Bay Business Journal Most tax-paying Americans won't be spending their rebate checks from the federal government on cars. That's according to a LeaseTrader.com survey, which found 81 percent of car shoppers have no plans of rushing to the nearest car lot with rebate check in hand. "The results of this survey give an indication of just how much the current economy has affected the average American consumer," said Sergio Stiverman...

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MIAMI, May 6 /PRNewswire/ -- 81 percent of all car shoppers surveyed by LeaseTrader.com said they do not plan to use their government tax rebate check towards a vehicle. Although car sales have slowed considerably in today's economy, those who participated in the LeaseTrader.com survey have no plans of rushing to their nearest car lot with rebate check in hand.

A one-week online survey on LeaseTrader.com taken by thousands of car shoppers revealed that the government tax rebate check ...

The price of gas continues its free fall from earlier in the year when it was up to $145 per barrel and averaging more than $4.00 per gallon at the gas pump. In fact, oil has fallen 50 percent since its highs earlier in the year, mostly due to the slowing economy and the drop off in demand and consumption.

The price of oil settled below $70 per barrel for the first time in a very long time recently. Unfortunately, although the price of gas has given consumers a little bit of e...

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