As Americans watched their nest eggs sink during the Great Recession, many wondered whether they would ever be able to retire. Come this fall, millions of workers who invest in 401(k)s will learn their plans are probably worth even less than they thought.
"Fees take away from the accumulated savings of your lifetime," says Mary Beth Franklin, a contributing editor at InvestmentNews.
For-sale homes in California are sparse, even in areas with high foreclosure rates. It has led to buyers like Jennifer Bryant, who is willing to throw money at just about anyone willing to sell her a house.
Since February, Bryant has made 35 offers on homes in Riverside, only to be elbowed out by other bids. With few houses available and many bidders chasing these properties, she feels she has, at most, an hour to consider each house.
Pakistan's National Assembly has been summoned to elect a new prime minister for the fragile coalition of President Asif Ali Zardari. A consensus candidate, current Textile Industry Minister Makhdoom Shahabuddin, emerged soon after the Supreme Court's dramatic firing of outgoing Premier Yusuf Reza Gilani.
The court disqualified Gilani from office this week for defying court orders to pursue dormant corruption charges against President Zardari.
Mexicans go to the polls July 1 to choose their next president, and polls show that voters seem inclined to embrace the past. The center-left Institutional Revolutionary Party, or PRI, which ruled the country for more than seven decades before being ousted 12 years ago, holds a solid lead.
But Mexico's young are making their voices heard: Some fear a return of authoritarian rule; others simply want jobs.
While The Birds and Vertigo may be some of the more obvious classic films featuring the Bay Area, a new exhibit showing at the Old Mint building in San Francisco is exploring the obvious, the not so obvious, and the downright obscure. The exhibit is entitled "The Stuff that Dreams are made of: San Francisco and the Movies," and it shows scripts, collectibles, artwork and posters from films shot in San Francisco. One room is dedicated to movie posters from classic Noir films related to the City by the Bay.