Stocks fall on news Fed weighed cutting stimulus

Stock prices surged Wednesday on congressional testimony by Fed Chairman Ben Bernanke early in the day that suggested the central bank would not slow its massive economic stimulus program any time soon. Then minutes of a Fed meeting were released suggesting the stimulus could be scaled back as early as next month if the economy picks up, and stocks began dropping fast.

Why every start-up business needs a strong financial footing

The makings of a solid, sustainably successful business are there: a smart, unique start-up idea, plus the entrepreneurial drive, acumen and vision to turn that idea into a viable business venture. But however strong the idea or the personal conviction behind it, a start-up isn’t going anywhere without a thoroughly thought-out financial strategy to carry the business and the business owner through good times and bad.

Does a little insurance really go a long way?

A lot of people believe anything beyond the bare minimum insurance coverage is unnecessary. Many mistakenly believe their policy will just magically take care of everything should it be needed. They don’t realize what can happen when a huge gap exists between, say, what your policy gives you for a totaled car and what it costs to buy a new one (including sales and property tax).

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