Wednesday, February 6, 2013

Why a flood of bankruptcies is good for America

MARKETWATCH FRONT PAGE

Sometimes bankruptcy is a necessary step to get a fresh start, writes Michael Casey. See full story.

How ending Saturday mail will cost consumers

If the Postal Service doesn�t deliver letters on Saturdays, mailboxes nationwide get a day off from being stuffed with junk mail. No big deal, right? But if you pay your bills by mail or subscribe to a DVD rental service, the change could hit your wallet. See full story.

Why irons would beat cats at Monopoly

Hasbro�s decision Wednesday to replace the iron on the Monopoly board with a feline seems fitting at first blush: The country is run by fat cats, after all, and as Mark Zuckerberg�s rags-to-rags story attests, today�s capitalists can become billionaire CEOs without ever once donning pressed shirts or slacks. See full story.

5 tax breaks on the chopping block

As Congress wrangles over the deficit, these deductions may get the ax. The tax hikes passed to solve the fiscal-cliff mess won�t raise enough revenue to keep the nation�s budget woes in check. But rather than raise rates further, President Obama hinted Sunday that lawmakers� next round of deficit-reduction talks will likely revolve around closing tax loopholes and eliminating deductions. See full story.

What early sales for BlackBerry Z10 really mean

Analysts differ on whether signs of early sell-outs in the U.K. indicate strong demand for the BlackBerry Z10 � or deliberate shortages. The company said the launches set records for new BlackBerry devices without giving specific sales data. See full story.

MARKETWATCH PERSONAL FINANCE

God said, �I need someone who doesn�t grow anything or make anything but who will borrow money from the public at 0% interest and then lend it back to the public at 2% or 5% or 10% and pay himself a bonus for doing so.� See full story.

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