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Adrienne Minor

[housing decline graph]
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Over 20% of all homeowners with a mortgage still owe more money in their mortgage than their homes are currently worth.

[Woman in Santa hat with bag of gifts]
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Manilla.com, a personal budgeting website, surveyed its users about their holiday spending plans.

[Janet Yellen]
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As expected, Janet Yellen’s nomination as chair of the Federal Reserve has been approved by the Senate banking committee and will advance to the full Senate for a vote.

1€ coin
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The European Central Bank is ready to consider negative interest rates on overnight bank deposits.

[family Christmas shopping]
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There will be no one must-have toy this holiday season.

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Best Buy warned that its healthy Q3 profits (net income $54 million) will not be repeated because of the deep discounts required to remain competitive in December.