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02/07/2012 05:51 PM
Government assistance expands
More than one in three Americans lived in households that received Medicaid, food stamps or other means-based government assistance, according to a new report.
02/08/2012 11:46 AM
Yale B-school wants a piece of the spotlight
(Poets&Quants) -- Ever since Yale University launched its School of Organization and Management in 1976, the place has been something of an unconventional business school. Its founders envisioned a school that would be small, communal, unorthodox, and steeped in theory and research, able to groom leaders for both business as well as the public and non-profit sectors. But the decision to avoid creating another me-too business school has had some unintended consequences. For years, SOM has unsuccessfully battled the misperception that it is merely a school for non-profit management, a haven for do-gooders outside the MBA mainstream. And despite basking in the glow of one of the world's most valuable educational brands, the school has never been able to develop the stature of any of its Ivy League rivals. Enter Edward "Ted" Snyder, the 58-year-old veteran dean who signed on as SOM's new leader last fall. He arrived with extraordinarily high expectations. "I like what I do so I don't feel pressure," says the soft-spoken Snyder. "I feel really good about the prospects here. I've been at business school deaning for awhile so it gives me the credibility to say, 'Folks, this is what we face.'"
02/08/2012 12:24 PM
Bob Rodriguez: The best advice I ever got
"In the fall of 1974 I was in graduate school at USC taking a portfolio-management investment course. The financial markets were in difficulty, and I didn't understand how securities were being sold at such depressed levels. I had only recently discovered Security Analysis by Graham and Dodd when we had a guest lecturer come in named Charlie Munger, who went on about this idea of value investing. After the class was over, I walked up to Charlie and asked him if there was one thing that I could do that would make me a better investment professional. His answer was, 'Read history, read history, read history.' And so I became a good historian, reading both economic and financial history as well as general history.
02/08/2012 10:11 AM
Sal Khan: Building a better university
FORTUNE -- Student debt is nearing a record $1 trillion in the U.S. Jobless law school grads are suing their alma maters for false advertising. Needless to say, the cost of higher education -- not to mention the return on the investment -- has become a sore spot for many.
02/07/2012 11:34 AM
Best Companies to Work For: The quiz
We've done our best to identify corporations that are a pleasure to work for. But we couldn't possibly list them all. Maybe your company, too, is a party on a half shell! Take this quiz and find out.
02/08/2012 08:34 AM
Adventure travel bargains
Lots of Americans these days want something more from a vacation than vegging out on a beach, a mojito close at hand. Some 30% of respondents to a Travel-Ticker.com survey put adventure travel on their 2012 wish list, and spending in the category has been growing 17% a year, even as economic woes slowed leisure travel overall.
02/07/2012 10:33 AM
University of Charleston: How we cut tuition by 22%
After seeing enrollment decline for the first time in a decade, the University of Charleston, in West Virginia, slashed tuition by 22% for the upcoming school year hoping to entice more students.
02/07/2012 11:30 AM
Investing for retirement when you're just starting out
My granddaughter has asked me how to invest the money she'll contribute to her employer's retirement savings plan at her first job. I suggested she either go with a 2050 target-retirement fund or divide her money as follows: 40% in an S&P 500 index fund, 40% in a small-cap index fund and 20% in an international stock index fund. Do you think she should go with the first option, the second or do something else? -- Don G.
02/07/2012 10:40 AM
Get more from a second doctor's opinion
If you're like most people, you're inclined to trust your doctor's advice.
02/06/2012 02:12 PM
The Romney kids' $100 million trust fund
Mitt Romney's five sons -- Matt, Tagg, Craig, Ben and Josh -- are sitting pretty with a trust fund worth $100 million.
02/06/2012 01:20 PM
Northwestern Kellogg to shrink two-year MBA program
The school plans to put less of an emphasis on its traditional two-year degree program as part of a sweeping strategic review at the school.
02/03/2012 04:21 AM
Finally, a foreclosure settlement (Maybe)
States have until late Monday to agree to the latest draft deal aimed at relieving homeowners struggling with mortgages bigger than their home's value.
02/03/2012 09:53 AM
States seek currencies made of silver and gold
A growing number of states are seeking shiny new currencies made of silver and gold.
02/03/2012 10:56 AM
The best cities for job hunting
FORTUNE -- Dear Annie: I just got a pink slip from the bank where I've worked as a marketing director for the past 12 years, and which is now undergoing a total restructuring, so I'm pondering what my next move should be. Opportunities are limited in the smallish East Coast city where I live (the bank I'll soon be leaving is the single biggest employer in town) and, having moved here solely to take the position I'm now losing, I'm not particularly attached to this area. Our kids are away at college now, our mortgage is paid off, and my wife, who is a pediatrician, really could work anywhere. So we're open to the idea of moving -- but where would I have the best chance of finding a new job? I'm also wondering, do many employers still pay moving expenses for new management hires, or is that a thing of the past? ? Footloose
01/27/2012 02:58 PM
$34,000 in debt, wants to start a business
We spoke to five families who face challenges that could keep them from meeting their financial goals. With a few tweaks to their game plan, they can get back on course. Here, Heyward's story -- and the recommended financial fixes.
01/27/2012 11:51 AM
Nonprofit founders put passions ahead of planning
Scott Pankratz and Julie Osborn are phenomenal planners and money managers -- except when it comes to their own investments.